Web3: Karate Combat releases its UP L2

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Karate Combat has announced that it will launch its layer-2 blockchain UP based on Hedera’s layer-1 network.

Over 100,000 users can earn tokens using the Up Only Gaming Software by correctly predicting fight results.

By correctly predicting the fight outcome, over 100,000 Up Only Gaming users can earn KARATE Tokens.

The UP layer-2 will be released in the first quarter of 2025. The $UP token will be released within that year with up to 30 percent of tokens going to KARATE holders.

“Karate Combat is already massively incentivized to spread its Up Only Gaming technology to other sports, esports, fantasy sports, crypto projects and more,” Karate Combat co-founder onlylarping said. “UP is the enabling technology to not only allow us to provide all the tech for free, but to give grants and our user base to early partners.”

Karate Combat’s newest competition, KC 50, is held in Salt Lake City. The fight will be between David Hoffman (co-founder Bankless) and Kain Warswick (co-founder Infinex).

Polemos and Buff partner up

On Wednesday, the blockchain gaming asset management platform Polemos announced a partnership with Buff.game — a gaming company that runs a loyalty program for over 15 million players across games like Dota 2, Fortnite, League of Legends, Valorant and more.

Polemos’ asset management wallet, as well as its non-collateralized loan solution, will be used to enable gamers to lend, trade and borrow in-game assets without needing to pay an initial investment.

Carl Wilgenbus CEO of Polemos said the following about the partnership: “This collaboration with Buff.game represents a pivotal moment in the evolution of gaming. By combining our Web3 expertise with Buff’s massive player base, we’re set to catalyze widespread adoption of blockchain gaming technologies.”

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This is an interesting fact

  • Giphy has seen over 30 billion views of the Pudgy Penguins. 

Note:

  • Google allows users to now search domain names.
  • CryptoKitties NFT Project is Launching “All the Zen,” Telegram has launched a brand new Monster Breeding Game.
  • Off the Grid, a battle royale game based on Avalanche from Gunzilla Games is now available on PlayStation 5, Xbox One and PC. It’s the first blockchain-based PlayStation 5 game.
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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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