Joe Rogan Gives Shout Out To Crypto-Driven Fight League – Crypto News – Crypto News
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Joe Rogan Gives Shout Out To Crypto-Driven Fight League – Crypto News

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2 years ago

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Karate Combat is an emerging fighting league that deals with crypto tokens. UFC broadcaster and host of the Joe Rogan Experience give a shout out to the league, saying it’s a very unique idea.

Karakte Combat allows members to use crypto coins 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 it “no loss gaming”.

Rogan thinks the 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 proportional 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.

Jai Pratap is a Crypto and Blockchain enthusiast with over three years of working experience with different major media houses. His current role at CoinGape includes creating high-impact web stories, covering breaking news, and writing editorials. When not working, you’ll find him reading Russian literature or watching some Swedish movie.

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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