Karate Combat

Karate Combat Raises $18 Million in Funding From BITKRAFT Ventures to Increase Engagement Between Fans and Sports Leagues Using XR Technologies and Web3 Tools

Retrieved on: 
Wednesday, April 19, 2023
DAO, Sport, Loss, Combat, ESPN Deportes, League, Karate Combat, CBS Sports, Deployable Operations Group, UFC Hall of Fame, ROAD, BeIN Sports, M13, Epic, CGI, XR, Cryptocurrency, Lattice, Eurosport

The funding will be used to support the May 10th launch of the Karate Combat App and $KARATE token.

Key Points: 
  • The funding will be used to support the May 10th launch of the Karate Combat App and $KARATE token.
  • Founded in 2018, Karate Combat is the world's premier full-contact striking league, blending the excitement of live-action, full-contact karate with immersive CGI environments powered by the Epic Games’ Unreal Engine.
  • With 4.5 million followers and 10 million views per event, the league is streamed and broadcast to over 100 countries worldwide.
  • On May 10th, the company will launch the Karate Combat UP Only Gaming App and $KARATE token.

GameOn Announces Grant Funding From The HBAR Foundation

Retrieved on: 
Thursday, March 2, 2023
Ethereum, WorldPay, Metaverse, DBS Bank, Zain Group, University College London, Worldpay, FIS, ServiceNow, Standard Bank, Electronics, Sport, Dell Technologies, LG Electronics, Indian Institutes of Technology, London School of Economics, Ecosystem, Karate Combat, Organization, Wipro, Deutsche Telekom, DLA Piper, EDF, DLA, EVM, London School of Architecture, IBM, NFT, Collection, The, Piper, Nomura Holdings, DLT, CSE, Ubisoft, Cryptocurrency, Management, Boeing, Hedera

VANCOUVER, BC, March 2, 2023 /PRNewswire/ -- GameOn (CSE: GET) (OTCQB: GMETF), a leading B2B technology company partnered with the world's biggest IPs to launch, operate, and monetize web3 games, today announces a grant from The HBAR Foundation.

Key Points: 
  • VANCOUVER, BC, March 2, 2023 /PRNewswire/ -- GameOn (CSE: GET) (OTCQB: GMETF), a leading B2B technology company partnered with the world's biggest IPs to launch, operate, and monetize web3 games, today announces a grant from The HBAR Foundation.
  • The funding is non-dilutive and will see GameOn launch Karateka on the Hedera network, with a second project in development.
  • This grant is validation as we continue to garner support from industry leaders, and most importantly scale cash flow and profitability."
  • "We are excited that GameOn selected Hedera as their next DLT integration and will be imminently launching Karateka in collaboration with Karate Combat," said Alex Russman, VP, Metaverse Fund at The HBAR Foundation.

GameOn Launches World's First 'Playable Digital Fighters'

Retrieved on: 
Thursday, January 12, 2023
Decentralized autonomous organization, CSE, Karate Combat, Globo, Partnership, BeIN Channels Network, Fantasy, VIP, Athlete, ESPN, DAO, CBS, Sport, Karate, Eurosport

The digital fighters are in partnership with Karate Combat and set to presale in February.

Key Points: 
  • The digital fighters are in partnership with Karate Combat and set to presale in February.
  • Fans will buy playable digital fighters, craft a lineup they have true ownership in, and win exclusive prizes driven by real world Karate Combat events.
  • "Karateka and GameOn's PLAYN3XT platform ushers in the next generation of fantasy sports," said Matt Bailey, CEO of GameOn.
  • "Our technology will launch, manage, and monetize the full stack of this product, from the digital fighter sales to fantasy gameplay.

GameOn Fast Tracks Profitability in December

Retrieved on: 
Wednesday, January 11, 2023
Bailey, Non-fungible token, ESPN, CBS, Johnny Reb Gaming Society, Growth, CSE, WNBA, BeIN Channels Network, YOOM, Globo, Karate Combat, Eurosport

The milestone is fueled by a flurry of new deals and based on Adjusted Net Income.

Key Points: 
  • The milestone is fueled by a flurry of new deals and based on Adjusted Net Income.
  • We've closed revenue-generating deals at a faster rate than projected, realizing profitability in December ahead of our 2023 target."
  • Closing 11 new deals in 2022, including Karate Combat , YOOM (formerly Tetavi), and Gaming Society (in collaboration with the WNBA).
  • The digital fighters are set to launch in Q1 with GameOn keeping 80% of revenue.

Karate Combat Sets New League Record With More Than 8.4 Million ‘KARATE COMBAT 37: Aghayev vs. Daniels’ Event Livestreams To End A Successful 2022

Retrieved on: 
Wednesday, December 28, 2022
Entertainment, Sports, Internet, Events, Concerts, Blockchain, Technology, Other Sports, Other Entertainment, Audio, Video, Web3, Martial Arts, Other Technology, DAO, Eurosport, Combat, GOAT, IOS, Athlete, Universal Pictures, Globo, Backlot, Karate Combat, C3, Cryptocurrency

GOAT' battle to become the Karate Combat interim welterweight champion and will meet Josh Quayhagen to unify the titles in 2023.

Key Points: 
  • GOAT' battle to become the Karate Combat interim welterweight champion and will meet Josh Quayhagen to unify the titles in 2023.
  • In January, Karate Combat will become the first professional sports league to launch a DAO and transition governance rights to its fans and athletes.
  • $KARATE token holders will also be rewarded for their knowledge of the sport by earning additional tokens for successfully predicting Karate Combat bout winners.
  • No purchase will be necessary to download the Karate Combat application or claim $KARATE tokens.

Karate Combat Sets League Record with 8.2 Million Plus KARATE COMBAT 36 Event Livestreams

Retrieved on: 
Monday, November 21, 2022
Technology, Sports, Entertainment, Mobile Entertainment, Audio, Video, Events, Concerts, Martial Arts, Internet, Licensing (Entertainment), Backlot, Combat, Virgin Islands, Karate Combat, CGI, Globo, Athlete, British Virgin Islands, Universal Pictures, DAO, Karate, Eurosport, Television, Cryptocurrency

Karate Combat, the worlds premier full-contact striking league, set a new league livestream record of more than 8.2 million streams for Karate Combat 36, which took place at The Backlot at Universal Studios in Orlando, Florida on Saturday, October 29th.

Key Points: 
  • Karate Combat, the worlds premier full-contact striking league, set a new league livestream record of more than 8.2 million streams for Karate Combat 36, which took place at The Backlot at Universal Studios in Orlando, Florida on Saturday, October 29th.
  • As previously announced, Karate Combat will become the first professional sports league to launch a DAO and transition governance rights to its fans and athletes.
  • Half of the $KARATE governance tokens will be distributed for free over time to the Karate Combat community for participation in the DAO and the Leagues Up Only Gaming application.
  • $KARATE token holders will also be rewarded for their knowledge of the sport by earning additional tokens for successfully predicting Karate Combat bout winners.

GameOn Breaks Even in October, Closes Five Deals in Two Months

Retrieved on: 
Tuesday, November 15, 2022
Crypto, Perception, NBCUniversal, Growth, Karate Combat, IPS, CBS, NFT, Board, ESPN, CSE, Bravo, Brooklyn Nets, News, BeIN Channels Network, EA, Calendar, Venrock, Fantasy, Sport, Company, MX Player, Multimedia, Globo, Johnny Reb Gaming Society, Bailey, Video game, Risk management, Music, Eurosport, BC

The milestone month comes off the back of a flurry of new deals, including Karate Combat , RDB Car Club and Crypto Jets Club .

Key Points: 
  • The milestone month comes off the back of a flurry of new deals, including Karate Combat , RDB Car Club and Crypto Jets Club .
  • Our patience and diligence has paid off, with a number of exciting partnerships being executed and a break even month in October."
  • Milestones include:
    Closing a flurry of new deals in the past two months, with another in-contract, including Karate Combat , RDB Car Club and Crypto Jets Club .
  • These deals alone are projected to generate more than $1.4M in year one revenue with an expected gross margin of 80%.

Karate Combat Announces New US Media Rights & Distribution Partnerships

Retrieved on: 
Thursday, November 3, 2022
Entertainment, Sports, TV and Radio, Other Sports, Events, Concerts, Martial Arts, Licensing (Sports), Male, DAO, Karate, Sale, Athlete, CGI, Virgin Islands, Karate Combat, Combat, YouTube, Organization, Social media, MMA, Universal Studios Hollywood, Backlot, Cryptocurrency, Entertainment, Facebook

Karate Combat , the worlds premier full contact striking league, today announced a new US distribution structure which increases the leagues audience and reach significantly in the most valuable sports media rights market.

Key Points: 
  • Karate Combat , the worlds premier full contact striking league, today announced a new US distribution structure which increases the leagues audience and reach significantly in the most valuable sports media rights market.
  • Distribution of Karate Combat in the US will now consist of:
    Continued free distribution of the leagues full live events on Facebook, YouTube, TikTok, Twitter and Karate.com.
  • Karate Combat will return to action on December 17th, for Karate Combat 37 live from the Backlots of Universal Studio in Orlando, Florida.
  • Karate Combat will begin distributing the $KARATE token for free, giving away up to 50% of the company to fans and fighters.

Karate Combat Breaks Into Tubular Lab’s Top 25 Leaderboard for US Sports Facebook Creators

Retrieved on: 
Monday, October 24, 2022
Communications, Sports, Technology, Social Media, Web3, Martial Arts, Virgin Islands, Combat, Culture, Karate, YouTube, Twitter, Instagram, Professional Fighters League, CGI, Universal Pictures, British Virgin Islands, Sport, Backlot, DAO, Social media, Athlete, Karate Combat, Cryptocurrency, Facebook

Karate Combat, the worlds premier full-contact striking league, broke into Tubular Labs Top 25 Leaderboard for US Sports Facebook Creators and also broke into Labs Global Top 50 Leaderboard for media and entertainment Facebook sports creators, both for the month of September, reaching record rankings after announcing the biggest giveaway in sports history.

Key Points: 
  • Karate Combat, the worlds premier full-contact striking league, broke into Tubular Labs Top 25 Leaderboard for US Sports Facebook Creators and also broke into Labs Global Top 50 Leaderboard for media and entertainment Facebook sports creators, both for the month of September, reaching record rankings after announcing the biggest giveaway in sports history.
  • Karate Combat saw record September digital video views at nearly 200 million cross-platform, and the league ranks #51 on Tubular Labs US Sports Creators Cross-platform.
  • Social impression numbers stem from Karate Combats cross-platform channels alone and do not include posts made by Karate Combat athletes, media outlets and influencers in September.
  • $KARATE token holders will also be rewarded for their knowledge of the sport by earning additional tokens for successfully predicting Karate Combat bout winners.

GameOn Lands a Strike With Karate Combat, Set to Launch NFT Mint & Fantasy Game in 2023

Retrieved on: 
Tuesday, October 18, 2022
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The deal will see GameOn launch a branded and playable Karate Combat NFT collection and fantasy game.

Key Points: 
  • The deal will see GameOn launch a branded and playable Karate Combat NFT collection and fantasy game.
  • Per the terms of Karate Combat's new licensing model, GameOn will keep 80% of revenue generated by the NFTs and fantasy game.
  • 10% of the revenue will flow to the league's fighters, while 10% will be distributed to the Karate Combat community.
  • "GameOn will launch, manage, and monetize the full stack of this product, from the NFT mint to the fantasy gameplay.