YEREVAN (CoinChapter.com) — Karate Combat plans to launch its UP layer-2 blockchain in Q1 2025. The new network, built on Hedera, will allow other sports, esports, and crypto projects to use its Up Only Gaming software. Already known for its KARATE token, Karate Combat lets users predict fight outcomes and earn rewards.
The upcoming $UP token will launch in 2025. 30% of the token supply will go to KARATE stakers. According to onlylarping, Karate Combat’s co-founder, they want to spread their tech to other sectors. The goal is to provide tools and grants to early partners.
Karate Combat Announces UP L2 Blockchain. Source: @onlylarping Karate Combat’s KC 50 Event and Crypto Integration
Karate Combat hosted its KC 50 event at Permissionless III in Salt Lake City, Utah. This event featured a fight between David Hoffman of Bankless and Kain Warwick of Infinex. Karate Combat continues to merge crypto with combat sports.
David Hoffman vs Kain Warwick Showdown at KC50. Source: KarateCombat
Moreover, Karate Combat expects to include more than 20 to 30 projects in its UP network before the official launch. The network will attract esports teams, poker tournaments, and more. onlylarping stated that they want to spread their Up Only Gaming software to different industries.
Karate Combat’s Vision for Layer-2 Network and Growing Partnership with Hedera
Karate Combat selected Hedera as its blockchain platform due to its strong relationship with the HBAR Foundation. Although Ethereum and Solana are more widely recognized, Hedera fully supported Karate Combat’s vision for its layer-2 network.
Above all, the UP layer-2 network will let developers use the Up Only Gaming software without needing to launch tokens on Hedera. Additionally, an open-source library will assist developers in integrating the technology, enabling Karate Combat to expand into other sectors.
The $UP token will also support early projects by funding a grants program.
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