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KarateCombat, a karate league brand, will launch a HederaLayer2 network called UP in the first quarter of 2025. KarateCombat will enable the alliance to license its' UpOnlyGaming 'technology stack to other sports, leagues, and projects, and even Meme coins. The co-founder of KarateCombat stated that there are currently 20 to 30 projects that will be launched on the company's upcoming Layer2 network. UP plans to launch a token next year, and a portion of its total supply will be allocated to a grant program aimed at helping early builders of the network. In addition, 30% of the total supply of UP tokens will be allocated and returned to the wallets of KARATE token holders. The specific operation still needs to be determined. @idris4547
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