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Karate Combat plans to launch Hedera-based Layer 2 network "UP" in Q1 next year
2024-10-11 14:48:23
Odaily News , the fighting organization Karate Combat announced that it will launch the Hedera-based Layer2 network "UP" in the first quarter of 2025 to license its "Up Only Gaming" technology to other sports and projects. This crypto-powered application allows users to bet KARATE tokens to participate in fighting competitions, and the UP network will host similar applications. Karate Combat co-founder Onlylarping revealed that about 20 projects plan to join the network. UP tokens will be issued in 2025, with 30% of the supply allocated to KARATE token holders. (Decrypt)