Animoca Brands, Delphi Digital and Verizon are helping FCF bring audience participation into live sports through the blockchain.
Blockchain entertainment technology developer Animoca Brands and cryptocurrency research firm Delphi Digital co-led a $40m series A round on Wednesday for Fan Controlled Football (FCF), a US-based, fan-controlled American football league.
Telecommunications firm Verizon’s corporate venturing unit, Verizon Ventures, also took part in the round, as did trading firm Jump Trading’s Jump Crypto unit.
Gemini Frontier Fund, NGC Ventures, 6th Man Ventures, Lightspeed Venture Partners, Talis Capital, Correlation Ventures, Basecamp Fund and private investors including Sebastian Borget filled out the investors.
Founded in 2017, Fan Controlled Football is a professional indoor American football league where fans can decide which plays the teams run in real time. Fans holding specialised non-fungible tokens (NFTs) have voting power to select plays and can gain more power as the season goes on.
The league currently with four teams, whose owners include sports and entertainment personalities such as Quavo, Richard Sherman and Austin Ekeler, and…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
