VIDEO - GameOn $GET Launches World's First 'Playable Digital Fighters' With Karate Combat That UFC Legend GSP Says “Will Blow Away Fight Fans”
posted on Mar 16, 2023 05:07PM
Announces the launch of Karateka - the world's first playable digital fighters for fantasy games
UFC Legend Georges St-Pierre is a Canadian former professional mixed martial artist who is widely regarded as one of the greatest fighters in mixed martial arts history. St-Pierre was a two-division champion in the Ultimate Fighting Championship (UFC), having won titles in the welterweight and middleweight divisions … so when he speaks we listen .. and this is what we’re listening to right now:
WHAT IS KARATE COMBAT?
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 gaming and virtual production engine. More than just lip service, here are some notable highlights that demonstrate KCL’s incredible growth … with so much more to come:
WHO IS GAMEON ENTERTAINMENT $GET AND WHAT ARE THEY DOING WITH KARATE COMBAT LEAGUE?
GameOn Entertainment Technologies (GET: CSE) (GMETF: OTC) is a leading B2B technology company that has partnered with the world's biggest IPs to launch, operate, and monetize web3 games that take fans to a whole new level of engagement.
$GET turns fans into superfans - engaging, retaining, and monetizing audiences - while participating in the entire economic cycle of NFT games. They are creating the future of superfan engagement
PEDIGREE INCLUDES NBA TOPSHOTS, EA SPORTS, DAPPER LABS & MORE
In a world of disappointing Web3 companies over the last 12 months largely due to inept teams (that’s an understatement), $GET is run by a diverse team of Web3, sports, entertainment and gaming veterans from companies like Take-Two Interactive, EA Sports, Dapper Labs, BSE Global, and Madison Square Garden - so when $GET says they are creating the future of Superfan engagement they know what they are talking about.
IS GAMEON DELIVERING?
GameOn is doing more than delivering, they are hitting on all cylinders as follows:
$GET + KARATE COMBAT LEAGUE = KARATEKA .. THE WORLD’S FIRST PLAYABLE DIGITAL FIGHTERS
$GET white label solutions for big third parties have already generated major successes, including its latest partnership with Karate Combat whose massive global following is almost entirely under the age of 40 at 95%. This audience doesn’t just want to sit and watch a game, they want to be a part of it and play the game. They want to influence, own and play the content.
This demographic is ideal and largely explains why they have partnered with $GET to launch Karateka - the world's first playable digital fighters for fantasy games that will allow fans to:
The game is fueled by blockchain technology and can be accessed with a credit card. The $GET platform bridges to Web3 without the need for wallets or cryptocurrency, making it easy and seamless for all sports fans to engage.
$GET wants your grandparents to be able to play this without even knowing it.
With Karate Combat League having 4,000,000+ social media followers in 100+ Countries, it is safe to say that both parties have expectations for success. This is especially true given the fact prizes will include:
GameOn will keep 80% of the profit, while 10% goes to the community and 10% to the fighters.
DIGITAL FIGHTER PRESALES
Fans can purchase playable digital fighters in VIP presales or sign up on GameOn's Discord for discounts before the public launch https://discord.com/invite/E7Yy4jkwc2. The game offers an opportunity to sell NFTs on a marketplace, like owning a rookie card, and allows fans to be a part of the action and have ownership and impact on decisions
“We’re minting playable digital fighters, so digital versions of the fighters that you love and watch and root for in these fights. You own them, they are yours and you can draft them in a fantasy line up and you earn rewards and points based on how the fighter performs in the events that you are watching. Real life events, every time he lands a punch, take down, and a kick, you are getting points and getting rewarded.”
GameOn is ramping up VIP presaling in the next 14 days at $19.99 for one playable digital fighter, with a minimum 50 digital fighters to be in the pre-sale. Various whitelists after presale will offer discounted prices and on May 20th at the Karate Combat event in Miami $GET will be publicly launching the digital fighters.
$GET IS ALREADY ACHIEVING REVENUE GROWTH AND PROFITABILITY IN 2023
Matt Bailey, CEO of $GET summarized it best as follows:
“We nudged that $1M target last year and this year $1.5 booked and we should surpass $3M this year … it required a lot of optimization and patience … but it’s been very rewarding to be able to hit those milestones in October and December and be cash flow positive … With development now largely done we halved expenses from 300 to $150,000,000 / month. Now that the product is built we are going to go out there and sell like our lives depend on it and we did”
He then added:
“Start-ups are dying because of cashflow problems today … GameOn is expecting to 2-3x revenue in the next few years because we’re not running out of partners to reach out too. After breaking even in 2022, the opportunities are endless for GameOn in 2023.”
The funding will see GameOn launch Karateka on the Hedera network, with a second project in development in the equestrian space but with digital playable horses and riders. Dependent on real world equestrian events. This will be a bit more premium with a different audience base. Both will be powered by GameOn's PLAYN3XT platform and it will only take a month or two instead of years to launch because $GET has already created the technology that will power this.
Hedera is a well-known public distributed ledger technology, which was recently made Ethereum Virtual Machine (EVM)-compatible. Anyone can build on the Hedera network, which is governed by the world's leading organizations including:
The HBAR Foundation's mission is to empower entrepreneurs to build economies on the Hedera network and access a thriving ecosystem that helps to raise awareness of projects, accelerate innovation, and scale adoption.
This large grant shows that Hedera validates what GameOn is creating. $GET is very excited to be building on Hedera network and is open to future projects being potentially built on the Hedera Platform as well.
A bit of background info: when you host on a platform you are driving traffic and transactions for that specific platform. So, with the grant, they are also incentivizing other people to build on the chain.
The grant was HUGE validation for GameOn and their fans and it will help everyone be able to engage in the technology of Web3 and have fun and ownership while doing so.
OTHER SUCCESS STORIES
MX Player (INDIA):
ChiBi Dinos (10K NFT PROJECT):
Gaming Society & WNBA:
- Announced a partnership with Tetavi for an NFT-based music fantasy game
- Allow music fans to discover new music, invest in the songs, and receive royalties based on streams and charts
- This Web3-based game will leverage the power of the blockchain to facilitate ownership and royalty distribution
Now sit back, relax and watch this powerful interview with CEO Matt Bailey.