Claim BonusJoe Rogan Gives Shout Out To Crypto-Driven Fight League
Karate Combat is an emerging fight league that deals with crypto tokens. UFC broadcaster and host of Joe Rogan Experience gave a shout out to the league, saying it’s a very unique idea.
Karakte Combat allows members to use crypto tokens as fan currency to vote on their 100 plus contracted fighters. The web 3 tokens-based Karate Combat is built on Hedera.
Joe Rogan calls it a great idea
Talking about Karate Combat, Joe Rogan said that he really likes the idea of a token that is attached to an organization. “That makes me excited about crypto tokens,” he added.
The league allows Krate token holders to boost their favorite fighter’s potential bonus pool and earn additional tokens at no risk. Karakte Combat claims these tokens differ from sports betting because there is no loser on a bet or wager.
You either vote correctly and win tokens or you just don’t receive tokens. They call is “no loss gaming”
Rogan thinks UFC can successfully implement this
Rogan praised the idea of giving 10% of the pool to the fighter. “If UFC implements this idea at some point, I think it’d be very successful,” Joe Rogan said on his podcast. The league rewards fighters directly proportionately to the amount of betting.
Under the DAO structure, token holders also determine the league’s budget, resource allocation, supplier selection, marketing strategy, rule changes and – within boundaries set by the league’s fight operations group – fighter contracts and fight match-up selections.
The crypto-driven sports league has television broadcast distribution in more than 100 countries through partnerships with leading media properties including CBS Sports, Globo, Eurosport, BeIN Sports and ESPN Deportes.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Bitcoin Reclaims $70K as Experts Signal a BTC Bottom
- 3 Reasons Why the XRP Price Is Up 20% Today
- China Tightens Stablecoin Rules as Bessent Urges Congress to Pass CLARITY Act to Keep Crypto Lead
- Bitget Launches ‘Fan Club’ Initiative In Bid To Strengthen Community Amid Crypto Crash
- BlackRock Signals More Selling as $291M in BTC, ETH Hit Coinbase Amid $2.5B Crypto Options Expiry
- Bitcoin Price Prediction as Funding Rate Tumbles Ahead of $2.1B Options Expiry
- Ethereum Price Outlook as Vitalik Buterin Sells $14 Million Worth of ETH: What’s Next for Ether?
- Solana Price at Risk of Crashing Below $50 as Crypto Fear and Greed Index Plunges to 5
- Pi Network Price Prediction Ahead of PI KYC Validator Reward System Launch
- XRP Price Outlook As Peter Brandt Predicts BTC Price Might Crash to $42k
- Will Cardano Price Rise After CME ADA Futures Launch on Feb 9?
