Combat IQ: Harnessing the power of AI and blockchain
Tim Malik, CEO and co-founder of Combat IQ, has come a long way since participating in the 2022 Block Dojo program – the London incubator for startups built on the BSV blockchain. His Combat IQ, which has since been with the company’s accelerator Techstars, wants to be a game changer in the martial arts industry with its AI-powered analytics platform.
Armed with investment, a vision and determination, Tim says his team exceeded their own expectations in completing their prototype and having the ability to conduct real-time pilots with sports leagues. The company now plans to scale its operational capabilities as it looks to raise a seed round at the end of the Techstars program.
In this episode of CoinGeek Conversations, Charles Miller and Tim catch up to talk about Combat IQ, how it uses AI to process data and how blockchain can play a role in resolving disputes in the sports betting industry.
Combat IQ is about delivering data and at the same time giving great benefits to industry participants. Campaign staff will be able to use the data they get from the platform to increase community building on their websites. Rights holders can maximize value as viewership increases and more sponsors advertise in their league.
As Tim explains, real-time data delivered during sports broadcasts allows viewers to engage more. “The world of sports broadcasting, sports viewership, is changing dramatically. As the younger generations come in, they’re changing the way people watch sports, how they interact with it, and people are always looking for real-time information in convenient ways. Fans want to see data points,” he says.
In addition, Combat IQ enables real-time markets to combat sports betting. As he explains, “We send odds directly to betting companies and they will put those odds on their marketplaces for people to bet with.” Until now, in-game play has largely been limited to the UFC. With Combat IQ, he aims to improve people’s gaming experience by providing leagues with real-time data using cameras and motion tracking systems. The league can in turn use the data to educate and engage their fans in the same way that blue chip leagues like the NFL and F1 do.
How does Combat IQ use AI in data analysis? As Tim explains, an automated system works in place of a person that identifies certain components of a match, such as the number of attacks on the ground – which he says are impossible for people to track. Measurement factors such as speed of punches and kicks, which humans cannot do with the naked eye, are also possible with Combat IQ’s system. Components are analyzed by a system that will determine which calculations have the greatest impact. Combat IQ will then provide AI-processed data analysis to leagues for their own use.
How does blockchain fit into Combat IQ? Blockchain is used in the sports betting part of the platform. “When we deliver odds to sports betting companies, we actually publish these odds to the blockchain at the same time, says Tim. “And that’s how we create an unchanging record of conflict resolution, conflict resolution.”
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