Karate Combat
Crypto Overview
Overview
Karate Combat is a cryptocurrency token associated with the Karate Combat sports league, which is a full-contact professional karate league. The KARATE token was launched to provide utility within the Karate Combat ecosystem.
Purpose and Utility
The KARATE token is designed to serve multiple functions within the Karate Combat ecosystem: 1) Access to exclusive content and events, 2) Voting rights on certain league decisions, 3) Fan engagement rewards, and 4) Purchase of merchandise and tickets.
Business Model Assessment
The business model appears to be focused on legitimate sports entertainment and fan engagement. The underlying business (professional karate) is halal, and the token's utility is tied to real-world activities and services.
Real-World Adoption
The token has seen adoption primarily among fans of the Karate Combat league, though specific usage metrics are limited. The project maintains partnerships with various sports and entertainment entities.
Development Activity
The platform shows regular updates related to the sports league and token utility features. Development appears to be focused on expanding fan engagement features and token utility within the ecosystem.
Token Distribution
Token distribution information indicates that a portion is reserved for the team and development, with vesting periods in place. The majority of tokens are allocated for community distribution and ecosystem development.
Crypto Impact
To assign a comfort level investing in Karate Combat from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Karate Combat.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.