Karate Combat Raises $18 Million in Series A Funding Round

04/19/2023 14:10 • Daily Digest • 60 views

On April 19th, the Web3 XR combat live streaming platform Karate Combat announced the completion of a $18 million financing, led by Bitkraft Ventures, with Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT and others participating in this round of financing.

Web3 XR fighting live streaming platform Karate Combat completed $18 million in financing

Karate Combat, the web3 XR combat live streaming platform, announced on April 19th that it has raised $18 million in a series A financing round. The funding was led by Bitkraft Ventures, with several other major players in the crypto and venture capital space participating in the round.

Who Invested in Karate Combat?

Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT, and other notable investors participated in the series A round. Karate Combat plans to use the funds to develop new technologies, expand its team, and continue to grow its platform’s user base.

What Is Karate Combat?

Karate Combat is a web3 XR combat live streaming platform that allows fans to watch and interact with professional Karate matches from around the world. The platform provides a 360-degree view of the action, allowing viewers to see every punch, kick, and takedown from multiple angles.
Karate Combat is built on blockchain technology, which provides transparency, security, and fairness to the matches. Fans can use the platform’s native token, KARMA, to vote on the outcome of matches and unlock exclusive rewards.

What Is Web3 XR?

Web3 XR is the next generation of web technology, which combines virtual and augmented reality with blockchain and other distributed technologies. Web3 XR enables users to interact with immersive 3D content and applications in real-time, creating a new level of user engagement and interactivity.
Karate Combat is one of the leading examples of a web3 XR platform, leveraging the power of blockchain and XR technologies to create a new and exciting user experience.

The Future of Karate Combat

With the completion of its series A financing round, Karate Combat is well-positioned to grow and expand its platform. The company has already seen strong user growth and engagement, with fans tuning in from around the world to watch and participate in matches.
Karate Combat’s focus on web3 XR and blockchain technologies sets it apart from other combat sports platforms, providing a unique and innovative user experience. As the technology continues to evolve, we can expect to see even more exciting developments from Karate Combat and other web3 XR platforms.

Conclusion

Karate Combat’s successful series A funding round is a testament to the growing interest and investment in web3 XR platforms. The company’s focus on blockchain and XR technologies sets it apart from traditional combat sports platforms, creating a new and exciting user experience.
With the support of major investors and a growing user base, Karate Combat is poised for continued growth and success in the coming years. As the technology continues to mature, we can expect even more exciting developments from this innovative platform.

FAQs

1. What is web3 XR?

2. What is KARMA?

KARMA is Karate Combat’s native token, which can be used to vote on the outcome of matches and unlock exclusive rewards.

3. Who invested in Karate Combat’s series A round?

Bitkraft Ventures led the series A round, with several other notable investors participating, including Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT, and others.

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