Joe 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.
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