Joe Rogan Gives Shout Out To Crypto-Driven Fight League

Karate Fight is an rising battle league that offers with crypto tokens. UFC broadcaster and host of Joe Rogan Expertise gave a shout out to the league, saying it’s a really distinctive thought.

Karakte Fight permits members to make use of crypto tokens as fan forex to vote on their 100 plus contracted fighters. The online 3 tokens-based Karate Fight is constructed on Hedera.

Joe Rogan calls it a terrific thought

Speaking about Karate Fight, Joe Rogan mentioned that he actually likes the concept of a token that’s hooked up to a company. “That makes me enthusiastic about crypto tokens,” he added.

The league permits Krate token holders to spice up their favourite fighter’s potential bonus pool and earn extra tokens at no danger. Karakte Fight claims these tokens differ from sports activities betting as a result of there is no such thing as a loser on a guess or wager.

You both vote accurately and win tokens otherwise you simply don’t obtain tokens. They name is “no loss gaming”

Rogan thinks UFC can efficiently implement this

Rogan praised the concept of giving 10% of the pool to the fighter. “If UFC implements this concept in some unspecified time in the future, I believe it’d be very profitable,” Joe Rogan mentioned on his podcast. The league rewards fighters instantly proportionately to the quantity of betting.

Beneath the DAO construction, token holders additionally decide the league’s price range, useful resource allocation, provider choice, advertising and marketing technique, rule modifications and – inside boundaries set by the league’s battle operations group – fighter contracts and battle match-up alternatives.

The crypto-driven sports activities league has tv broadcast distribution in additional than 100 nations by way of partnerships with main media properties together with CBS Sports activities, Globo, Eurosport, BeIN Sports activities and ESPN Deportes.

Jai Pratap is a Crypto and Blockchain fanatic with over three years of working expertise with totally different main media homes. His present position at CoinGape consists of creating high-impact net tales, cowl breaking information, and write editorials. When not working, you may discover him studying Russian literature or watching some Swedish film.

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