Crypto Meets Combat Sports: Cloudbet Partners with Karate Combat to Revolutionize Betting

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In a move that is set to blur the lines between cutting-edge technology and high-octane sports entertainment, Cloudbet, the world’s longest-running crypto casino and sportsbook, has announced an exclusive partnership with Karate Combat. This collaboration designates Cloudbet as the “Official Online Casino and Sportsbook” of the martial arts league, introducing crypto betting as a core feature of Karate Combat’s digital ecosystem starting in 2025.

The partnership officially kicks off on January 24th at KC52, featuring a showdown between reigning Lightweight Champion Shahzaib Rind and former titleholder Edgars Skrivers. Fans can live-stream every Karate Combat event for free on Cloudbet.com, with integrated betting options for a seamless watch-and-bet experience.

What to Expect

Karate Combat, known for its immersive CGI environments and commitment to Web3 innovation, has always aimed to push the boundaries of fan engagement. This collaboration with Cloudbet aligns perfectly with its vision. The two organizations will integrate live betting odds, bespoke content, and real-time stat tracking into broadcasts, offering fans enhanced and interactive entertainment.

Cloudbet’s platform supports over 40 cryptocurrencies, including BTC, USDC, and HBAR, the latter powering Karate Combat’s $KARATE token. This token plays a central role in the league’s Web3 ecosystem, enabling fans to vote on matchups, participate in prize pools, and access exclusive content via the Karate Combat app.

Karate Combat’s unique position as “Web3’s First Sport” makes it a natural partner for Cloudbet, a pioneer in crypto gaming since 2013. With a roster featuring Olympic medalists and top fighters from disciplines like MMA, Muay Thai, and kickboxing, Karate Combat is broadcast in over 120 countries and streamed live without paywalls, setting a new benchmark for accessibility and engagement.

Both brands aim to establish themselves as leaders at the intersection of sports, technology, and cryptocurrency, which are dynamic and fast-growing sectors. Fans can also look forward to the rollout of more new features, including $KARATE token betting and real-time odds, further enhancing their connection to the action.

Setting The Standard for the Future of Crypto Sports Betting

Beyond betting, this partnership aims to deepen fan interaction through exclusive features. Cloudbet’s VIPs will enjoy branded seating and hospitality at events, while branded fighter standings and pre-show analysis ensure premium visibility for the casino. Pete Vesey, Karate Combat’s Chief Commercial Officer, emphasized that this collaboration goes beyond traditional sponsorships, aiming to “redefine combat sports entertainment.”

This will not only provide fans with instant access to odds but will also enable betting directly within the broadcasts. Cloudbet’s CEO highlighted how crypto-based betting aligns with the ethos of innovation that Karate Combat champions, marking a new chapter for both industries.

EVO.io Gets $3M Boost from SABA Sports to Lead Crypto iGaming Revolution

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SABA Sports, a leading Asian sportsbook provider, has invested $3 million in cryptocurrency-focused online casino EVO.io. With this commitment, SABA Sports is demonstrating its confidence in the expanding junction of blockchain technology and the international iGaming sector. A statement from SABA Sports shared the company’s optimism about the potential of blockchain in the gaming space, saying there’s no doubt that crypto will be pivotal in iGaming’s evolution.

“While it currently facilitates seamless deposits and withdrawals, blockchain’s potential extends far beyond that. Think transparency in casino games, on-chain betting data, and more innovative applications,” he said.

Why It Is Special

Backed by the potential of a decentralized Web3 network, EVO.io is positioning itself as a next-gen gaming platform, transforming how players interact with the iGaming world. The platform, scheduled to officially launch in September 2024, is currently in beta testing and undergoing a branding overhaul to prepare for its entry into the market. But what does it bring to the table?

Well, EVO.io is not just your typical crypto casino. While offering a full suite of casino games and betting options with digital currencies, it aims to go beyond the conventional model by leveraging decentralization to empower its players.

SABA Sports believes EVO.io is on a mission to revolutionize the industry by giving users more control—whether they want to “be the house” or challenge it, create their own games, control their funds, or bring in friends for a truly immersive and transparent experience.

More on Web3 Gaming and the Future of iGaming

Already, Web3 gaming is creating a stir with play-to-earn models, the selling of metaverse land, and the emergence of gaming DAOs. Whether it’s via in-game NFT income or secondary market asset selling, players may now make money in virtual worlds. Web3 betting has a promising future ahead of it, as blockchain transactions will make up a significant amount of gaming activity in recent years.

One of the many advantages of Web3 gaming is the increased security it provides. Thanks to blockchain technology, in-game data and assets are less likely to be compromised. Players may soon be able to transfer skins, equipment, and characters based on NFTs from one game to another, thanks to impending interoperability.

On the other hand, broad adoption continues to face significant obstacles, such as regulatory issues and the need for blockchain solutions that are scalable, quick, and secure. While full-scale cross-platform integration remains a challenge, early efforts are underway, offering a glimpse of the future. But as more developers and publishers, such as Ubisoft, experiment with distributed ledger technology (DLT), Web3 gaming’s footprint is set to grow.