Kanpai Pandas Partnering With Karate Combat, Airdrop Coming

In this post

Kanpai Panda holders can participate in a year-long Karate Combat competition for a chance to win a share of one billion $KARATE tokens in a competitive airdrop.

🧐 Wait, What?

Karate Combat is a professional martial arts league with ambassadors like Georges St. Pierre and Lyoto Machida. The pair annouced a formal partnership on Mar. 16 which made Kanpai Pandas one of the league's largest stakeholders. Karate Combat recently raised $18 million to keep building its crypto-driven league structure.

The Deets

One billion $KARATE prize pool
Kanpai Panda holders eligible for competition
Airdrop and app release on May 10
Snapshot on May 8 at 6:00 p.m. ET for eligibility

The Details

The partnership between Karate Combat and Kanpai Labs kickstarts a competition for Kanpai Panda holders, offering 12 monthly rounds with a one billion KARATE token prize pool. Panda holders can participate at any time during the year, as long as they hold $KARATE tokens.

To be eligible, Panda holders must hold a Kanpai Panda at the time of the snapshot on May 8 at 6:00 p.m. ET. The airdrop will occur on May 10, coinciding with the Karate Combat app's release. The first Karate competition event begins on May 20, with participants required to enter 48 hours before the event.

❗️Why It Matters

Kanpai Pandas continues to lean in heavily to its core demographic of holders with interests particularly in combat sports like MMA. The brand has already partnered with notable fighter Jon Jones to promote its IP via merchandise, and now is being advised by First Round Management as well. The Karate Combat partnership now offers Panda holders direct incentives whilst allowing fans of Karate Combat to gain an introduction to the Pandas brand.

🎬 Take Action

Kanpai Pandas holders can take the following steps to prepare:

Ensure you hold a Kanpai Panda through the May 8 snapshot.
Download the Karate Combat app on May 10.
Verify your Panda holder status.
Receive the $KARATE token airdrop.
Participate in the Karate Combat competition.

🧠 Learn More

Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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