Gridiron Legend Joe Montana Invests in Cryptocurrency-Powered Football League
The Fan-Controlled Football League (FCFL), has announced the addition of legendary NFL quarterback and venture capitalist Joe Montana, who will join the cryptocurrency-powered league as an investor and chief strategic adviser.
Sometimes hailed as a “real-life Madden,” the FCFL is a blockchain-primarily based actual-planet sports league where fans make all the decisions including deciding group play calls, branding, coaches, and player drafts. It is designed to bring with each other the fan expertise of live sports and fantasy sports with the engagement and international attain of video games and esports.
As CCN reported, the FCFL raised about $5.two million in an initial coin providing (ICO) carried out via Indiegogo prior to concerns about altering regulatory circumstances made the platform’s broker, Micro Ventures, pull out and refund investor funds.
Broadly regarded as 1 of the ideal American football players ever, Montana boasts a profitable 16-year profession in the NFL which includes nine divisional championships and four Super Bowls. He is also a technologies pioneer and partner in early stage venture capital firm Liquid two Ventures, exactly where he oversees and advises a sizable portfolio of commence-ups.
As the FCFL’s chief technique officer, Montana will be accountable for the creation and improvement of the league’s brand messaging, and he is anticipated to play a prominent role in adding football and technical innovations. He will also give professional guidance on other places of FCFL’s operations from fan engagement strategy to front office operations.
Speaking about joining FCFL, Joe Montana said:
&ldquoI&rsquom tremendously excited to be partnering with the FCFL. What this team has produced is innovative, engaging, and will energize the digital age football fan. Fans will employ the coaches, draft the players and contact all the plays in real time. It&rsquos a true-life video game and the future of sports.&rdquo
Functioning alongside him will be a very experienced team of advisers with encounter from a wide spectrum of fields like gaming, technology and sports. Notably, he will operate alongside lately hired COO Andy Dolich, who brings far more than fifty years of expertise as a sports executive, including front workplace positions in the NFL, MLB, NHL, and NBA.
Commenting on the new addition to the team, FCFL CEO and co-founder Sohrob Farudi said:
&ldquoWe couldn&rsquot be more thrilled to have the GOAT, Joe Montana, join the FCFL. As we continue to develop and launch the sports platform for the digital fan, we will look to Joe for leadership and experience in every facet of the league.&rdquo
Following Montana’s capture, the next expected moves for the league consist of the announcement of “fan captains” for the inaugural eight teams, initiation of fan voting rights, and announcement of other strategic alliances prior to the season kicks off in May possibly 2019.
Featured Image from FCFL/Joe Montana
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Published at Thu, 27 Sep 2018 20:29:47 +0000