Fan Controlled Football raises $40M for spectator-controlled football games
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Fan Controlled Football (FCF) has raised $40 million in funding for its novel sports league where spectators call the plays in real football games.
Animoca Brands and Delphi Digital led the funding round, which will help FCF grow as it moves into its second official season.
Los Angeles-based FCF is a pro football sports league where fans use their smartphones to make key decisions for teams that play live events. The fans call all the plays in real-time using their nonfungible token (NFT) voting rights. Fans vote on each play from a selection of plays, 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. Additionally, all of the league’s initial seed investors participated, including Lightspeed Venture Partners, Talis Capital, Verizon Ventures, Correlation Ventures, and Basecamp Fund.
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FCF, owned by Fan Controlled Entertainment, was originally founded in 2017, but it pivoted to a new plan and made its formal debut in February 2021. It started with four teams owned by some famous sports names, including Marshawn Lynch, Quavo, Richard Sherman, Austin Ekeler, Dalvin Cook, and Bob Menery.
Above: Team KOD is part of the FCF.
“The concept is to blend the best of the physical and the digital worlds,” said FCF CEO Sohrob Farudi, in
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