MarketScale Company
Request a demo
Subscribe
Services
Subscribe
Tuesday, June 6, 2023
Go Back

Technology, Information and Internet

Powering native web3 ecosystems and institutional applications for the next generation of the web.

Hedera Hashgraph

Software & Technology

Karateka – Bringing Web3 Entertainment to Combat Sports with Karate Combat

May 9, 2023
blockchain technology
fantasy sports
GameOn
Karateka
+more

Over 60 million people in the U.S. play fantasy sports—that’s one in almost five people. Game developers need to keep rolling out new and exciting opportunities to keep these gamers engaged.

How is one company, GameOn, leveraging Web 3.0 to do just that?

On today’s episode of Gossip About Gossip by Hedera, podcast Host and SVP of Communications at Swirlds Labs, Zenobia Godschalk, speaks with Matt Bailey, CEO of GameOn, about what GameOn is and how they are leveling up the sports and fantasy gaming experience on Web 3.0 through their Karateka launch.

Godschalk and Bailey also discuss…

  1. The journey GameOn has taken to get to where they are now
  2. How GameOn is leveraging blockchain technology for the fantasy sports industry
  3. GameOn’s cross-chain compatibility and partnership with Hedera

Bailey covered the Web 3.0 benefits. “Let’s use the karate combat partnership that we have as an example… We’re going to be selling playable digital fighters. So, every fighter in the karate combat league, you’re going to be able to buy them. They’ll be limited at 200 per fighter but it will look and feel like the actual fighter that’s fighting in the live events. With that playable digital fighter, notice we’re not calling it an NFT. Of course, it is an NFT, but it’s a playable digital fighter. You can gear it up, so you can buy gear like weapons and shorts and other different items that can not only change the look of your playable digital fighter, but can also give it an advantage in games,” he stated.

Matt Bailey is CEO of GameOn and Founder & Board Director of Brooklyn Kings Rugby League. He is an entrepreneur breaking into the future of Web 3.0 games. He has served as an Adjunct Professor for Clark University, Senior Director, Brand Partnerships, for LiveStyle, Inc., and Director, Global Partnerships for Brooklyn Sports & Entertainment, amongst other roles. Bailey attended the University of Technology Sydney, where he earned a Bachelor of Management in Sport & Exercise.

Recent Episodes

team structure
View episode

The Indispensable Role of Team Structure in the Modern Workplace

In today’s fast-paced and highly competitive business environment, teamwork has become more critical than ever before. A well-structured team can effectively harness the diverse skills and expertise of its members to achieve remarkable outcomes. From startups to multinational corporations, organizations that prioritize a strong team structure reap numerous benefits, including enhanced productivity, increased innovation, and […]

legacy payment companies blockchain solutions partnerships
View episode

Legacy Payment Companies Embrace Blockchain Solutions. Their Infrastructure is Still “Fundamentally Not Aligned” with Web3 Payments.

  Legacy payment companies are finally embracing blockchain solutions at scale, though still behind compared to the innovation that young fintech companies are bringing to the next generation of payment solutions. Regardless, this embrace is taking many shapes, and it’s still not a guarantee that they’re up to the task. In the last year, Visa […]

Divergence Between Stocks and Bonds
View episode

The Divergence Between Stocks and Bonds & Emerging Market Trends

As the world of investing continues to evolve, it’s crucial for industry leaders to keep pace with the shifting landscape. One particular topic gaining traction is the divergence between stocks and bonds – an economic paradox affecting portfolios worldwide. Recent data shows that traditional investment strategies, like the 60-40 portfolio (60% in stocks and 40% […]