Law of Code
#138 - The future of sports and crypto: Karate Combat
May 24, 2024
Lawyers Samir Patel and David Kuhn, along with entrepreneur OnlyLarping, discuss Karate Combat's unique crypto integration, token governance, why it's not considered gambling, and plans for Consensus 2024. They explore the future of sports, crypto, and NFTs in the industry, highlighting the innovative fusion of sports and cryptocurrency in Karate Combat events.
42:32
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Quick takeaways
- Karate Combat integrates token governance for fan participation in decision-making processes.
- The league's focus on web3 integration and up-only gaming enhances fan engagement and promotes community involvement.
Deep dives
Introduction to Karate Combat and Web3 Integration
Karate Combat is a professional full contact karate league aimed at the next generation of sports fans who consume content differently, focusing on distribution using partners like EuroSport and Kombate, as well as various digital platforms. The league offers a unique sports format akin to UFC for striking, where aggression is rewarded, and fights are fast-paced to engage viewers. Production features VFX environments and global locations for a video game-like experience. Web3 integration allows for up-only gaming, where users can vote on fight outcomes using Karate tokens without risking their tokens, promoting fan engagement.
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