Posted 3/23/2024, 4:01:46 PM
Karate League Bets Big on Crypto to Fuel New Fan Experiences
- Karate Combat is a fighting league that integrates crypto betting through "Up Only Gaming," where users bet tokens on fights but don't lose anything if they guess wrong
- The league faced high startup costs but found a way around them by applying crypto yield farm mechanics to incentivize early adopters
- Fights have fewer rules leading to faster, more intense bouts with more knockouts
- The league is free to watch and makes money through sponsorships and city hosting fees
- After years of work, the founders' vision is paying off with more attention on the league, especially a recent fight between BitBoy and a meme coin founder