Fighting organization Karate Combat is set to launch a Hedera layer-2 network called UP in Q1 2025. This will enable the league to license its “Up Only Gaming” tech stack that powers its app to other sports, leagues, and projects—maybe even meme coins. 

Karate Combat, which counts MMA legends Bas Rutten and Georges St-Pierre as ambassadors, has grown in popularity in recent years thanks, in part, to its push into crypto and its token-hungry user base. Karate Combat’s mobile and web app allows users to wager KARATE tokens on upcoming fights. Bet correctly and you win KARATE tokens; bet incorrectly, and you lose nothing.

The crypto-powered app, alongside entertaining fights by professional athletes and crypto influencers, has fueled Karate Combat’s recent success, pseudonymous co-founder “Onlylarping” told Decrypt in an interview. And now, the organization wants to let other projects get a slice of the pie.

“Over the last year, we’ve had a decent amount of demand from othe

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Author: Ryan Gladwin