Fan Controlled Football raises $40M for specator-controlled football games

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Fan Controlled Football (FCF) has raised 40 million for its novel Sports League where spectators call plays into real football games.

Animoka Brands and Delphi will lead the digital funding round, which will help FCF advance to its second official season.

The Los Angeles-based FCF is a pro-football sports league where fans use their smartphones to make key decisions for teams playing live events. Fans call all plays in real-time using their Nonfungible Token (NFT) voting rights. From the selection of plays the fans vote on each play and the players run the play that gets the most votes.

Other investors include Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, executives at GoldenTree Asset Management and Sebastian Borget, co-founder of The Sandbox. In addition, all of the league’s initial seed investors participated, including Lightspeed Venture Partners, Telis Capital, Verizon Ventures, Correlation Ventures, and Basecamp Fund.

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FCF, owned by Fan Controlled Entertainment, was originally founded in 2017, but led to a new plan and formally launched in February 2021. It started with four teams owned by some famous sports names including Marshan Lynch, Quvo, Richard Sherman. , Austin Eckler, Dalvin Cook and Bob Mannery.

Above: Team KOD is part of FCF.

Image Credit: FCF

“The concept is one of the best combinations in the physical and digital world,” FCF CEO Sohrob Farudi said in an interview with GamesBeat. “It has live games, real players, real coaches, a real league, but it’s built for the digital age and digital fans. Instead of focusing on personal experience, we’re focusing on the experience of people on mobile and the web. And we wanted to make it interactive, we wanted to focus on gaming and sports. “

He added, “We want to create a way for fans to feel truly empowered and have their voices heard. We do this by letting them make decisions on everything from team branding names and logos and player drafts, to where they choose the players they want in their team. And then they call for plays in real time during the game. “

The league aims to redefine football for the digital age by combining the competitiveness of live sports, the engagement of fantasy games, and the interaction of video games into livestream, tilting fan experience.

“We look forward to supporting FCF, a league that is on the cutting edge of bringing Web 3.0 and blockchain into commercial sports,” Yat Siu, chairman of Animoka Brands, said in a statement. “Following its successful and entertaining first season, we look forward to groundbreaking ways fans can join FCF next season.”

This game eliminates some of the boring parts of football. There is no coin toss. No kickoffs or kicking for extra points. Instead, players start with a rock-paper-scissor game to determine who gets the first ball. Many players are called up and run within 30 seconds.

When fans join the league, they join their team. They earn points based on their engagement and those points are reflected in the fan IQ. The higher it is, the more votes the fan gets on the leaderboard. It’s a kind of gamification of the fan experience, “said Farudi. The price of each Baler NFT is 0.1776 Ethereum or about $ 573 at the current exchange rate.

The first season took place between the epidemics in February and March 2021, and the players had to stay in a hotel bubble. About 70% or more of the 100 players are returning for another season. The company will soon go into two seasons each year.

Season v1.0 saw FCF become the fastest growing live sports channel on Twitch with nearly 10 million total live views, and one of the top sports apps in the Apple App Store. In that first season, FCF had over a million views per game day. It had 125,000 app downloads and 2.2 million real-time fan interactions.

In its seed round, FCF raised 12 million.

New expansion teams

https://www.youtube.com/watch?v=2WyW7DrEtdM

FCF also announced two new NFT-powered expansion teams, owned by the leaders of the Board App Yacht Club and the Sewer Cat Gang community, respectively. The two new teams join the first two FCF Ballerz Collective NFT expansion teams that were recently announced, doubling the size of the FCF to Season v2.0 from four teams to eight.

The four new teams will all be part of FCF’s Innovative Ballerz Collective, the first of its kind NFT community to offer FCF Ballerz NFT fans team governance rights, play-to-earn game mechanics and unique IRL utility. VIP experiences at FCF’s soon-to-be-announced venue in Atlanta, Georgia.

The Ballers Collective NFT teams include:

  • The Sewer Cat Gang community team led by King Blackboard, Dr. Decatrio, Vivek Ravishankar, Spotty WiFi and former NFL legend Jamal Anderson.
  • The Board App Yacht Club community, owned by a team featuring TropoFarmer, Josh Ong, Jerseyborn, Franklin, Lindsey Byrnes, BenJammin, NFTsAnonymous, Jeff Nicholas, and Spr3adsh33t.
  • Led by their founders and community members, the Knights of DeGeneres include NFL legends Tiki and Ronde Barber, Jerry Ferrara, Cynthia Freland from the NFL Network, Jasmine Mayeta from Round 21, Drew Austin and more.
  • Team 8OKI, led by two highly acclaimed blockchain advocates – renowned musician and producer Steve Oki, and founder of 888, 888 Inner Circle and a pioneer in crypto and NFT space.

    Above: Team Boarded Apps has joined FCF.

    Image Credit: FCF

NFT owners in each of these communities will be given the opportunity to receive one of 2,000 free FCF Ballerz NFTs for their team, as well as early access to purchase FCF Baller at a 50% discount on the public sale price. To join the team and get into the game, follow Ballerz Collective on Twitter and join FCF Discord.

Musician and owner of the FCF expansion team Steve Aoki said in a statement: “The success of FCF in Web 3 is thrilling … getting involved is a privilege.” “We’re really looking forward to creating an NFT community of passionate fans who will call all the shots for our team.”

The four original FCF teams include the Beasts, Glacier Boys, Wild Aces and Zippers. On March 20, Wild Aces went on to become FCF champions for the first time, defeating the Glacier Boys in “The People’s Championship” on a walk-off QB read-option touchdown called by fans.

The league is made for digital fans rather than individual viewers. FCF games are played in the multi-purpose studio arena in Atlanta and are streamed live on Twitch, NBCLX, Peacock and DAZN. The next nine-week season begins April 16 with eight teams stacked with pro-caliber players from the NFL, CFL and NCAA programs. Last season’s rosters included Heisman Trophy winners Johnny Manzil and NFL stars Josh Gordon and Robert Turbin.

The season consists of seven regular-season weeks and one playoff week, ending with the People’s Championship. Regular and post-season drama, in addition to behind-the-scenes league content, is available on twitch.tv/FCF and broadcast partners NBCLX, Peacock and DAZN.

Beasts co-owner Marshan Lynch, a former NFL star, said in a statement: “FCF is securing them સુરક્ષા 40M in cash, we are ready for season 2, 3 and several months.” “And to join our FCF fame, give a special shout out to the people of Board App Yacht Club and Gutter Cat Gang. These are the types of partnerships that let you know we’re not messing around. I can’t wait to see how the whole NFT thing takes fans’ engagement into the ‘game’ to a whole new level, you know me? “

The company has about 30 employees.

“What we saw was that the fans thought the team was theirs. And that is the goal, “said Farudi. “With the rise of NFTs and Web 3, we have the opportunity to create something special. The world has embraced our business model. It is turning the ownership of sports teams into the hands of fans and players. And in the long run, it’s about the vision of democratization of the game. “

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