The FCFL Adds Blockchain Veterans Steven Nerayoff & Jeff Pulver to Advisory Board
On yesterday’s broadcast of Cheddar TV, Sohrob Farudi, CEO of the Fan Controlled Football League (FCFL), which will operate the first ever fan-controlled professional sports league in 2018, announced the addition of co-creator of Ethereum Steven Nerayoff and Vonage co-founder Jeff Pulver to the FCFL Advisory Board. The FCFL is utilizing blockchain technology to create a sports league where fans are in control; everything from calling the plays in real-time to choosing the players that make the roster. Through a proprietary app, fans will vote on all meaningful coaching- and management-facing decisions both on and off the field.
“We are very exciting to have both Steven Nerayoff and Jeff Pulver join our FCFL Advisory Board. They are two of the most innovative pioneers engaged with new technologies,” said Sohrob Farudi CEO of FCFL. “They bring tremendous knowledge as successful entrepreneurs with a passion for building strong products that serve vast, new communities. With their support, we are confident that the FCFL powered by FAN Token will create an engaged network of fans with more control over their professional sports viewing experience than the world has ever seen.”
Nerayoff and Pulver recently co-founded Alchemist Ventures, a full-service blockchain investment banking and advisory services company. The group specializes in token sales, hedge funds, capital formation, and end-to-end product development of public blockchain applications. As recognized leaders in the world of internet-based entrepreneurialism with an acute focus on blockchain innovation, Nerayoff and Pulver offer an invaluable pool of advice on technologic, strategic, and managerial decisions to the FCFL. With their guidance, the FCFL will integrate blockchain functionality into its network that will bring democratization, decentralization, and transparency to professional sports management.
The engine driving the FCFL’s fan engagement platform is the FAN Token, an ERC20-compatible Smart Token built on the Ethereum blockchain. Each fan’s token stack, along with their level of engagement, will determine the power of their vote for their team’s decisions: the more tokens a fan owns and the more tokens they have earned, the more weight their vote will carry.
The FCFL launched a pre-sale of FAN Token that will conclude on December 23rd. The pre-sale enables investors to get bonus tokens for early support in advance of a public token sale targeted for early 2018. The pre-sale is operated through a new service provided by Indiegogo. The token has been listed as part of Indiegogo’s equity crowdfunding service, First Democracy VC — a FINRA registered funding portal that launched last year in partnership with MicroVentures — and is meant to comply with the SEC’s equity crowdfunding regulations that were passed as part of the 2012 JOBS Act. Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, L.L.P. is advising the FCFL in connection with the sale of FAN Token.
Tokens are the lifeblood of FCFL fan engagement, and, like a videogame, tokens can be used for a variety of transactions, including boosting voting power, unlocking behind-the-scenes content, procuring merchandise, and gaining access to exclusive events including in-stadium viewing. The FCFL will maintain a public leaderboard where fans compete to see who is the most successful owner/GM/coach, and the highest-performing fans of the championship-winning team will share in the $1,000,000+ prize purse. A truly transparent meritocracy courtesy of the blockchain.
WELCOME TO FCFL, WHERE FANS HAVE THE POWER. For additional information, learn more about the FAN CONTROLLED FOOTBALL LEAGUE via;
Website (FCFL.io)
Twitter (@FCFLio)
Facebook (facebook.com/FCFLio)
Instagram (@FCFL.io)
Indiegogo (FCFL Token Sale)
Telegram (FCFL_FAN_TOKEN)
