Karate Combat is a sports league structured as a decentralized autonomous organization (DAO) that gives token holders control over the league's direction. Led by Robert Bryan, the league blends live competitive events with blockchain-based governance and fan engagement mechanics. On May 10th the company plans to launch the Karate Combat Up Only Gaming App and the $KARATE token, through which fans can collect free tokens, vote on fighters, earn additional $KARATE with no risk of loss, and boost fighters' potential prize pools above contracted pay. The $KARATE token both governs the league and gamifies the live viewing experience. The company raised $18M in a funding round and intends to use the proceeds for the app and token launch. Karate Combat is based in New York, and prior investors include the league's founders, Packy McCormick’s Not Boring Capital, and Keyboard Monkey.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2023