fan controlled football

fan controlled football

Photo courtesy of SimWin

Los Angeles Lakers legend Earvin “Magic” Johnson has just bought two new sports franchises—in the metaverse.

Johnson is investing in Beverly Hills-based SimWin Sports, a digital sports league where virtual teams and athletes backed by non-fungible tokens (NFTs) compete in simulated games. In addition to taking an ownership stake in the startup, Johnson has acquired a yet-to-be named basketball team and football franchise called the Los Angeles Magic. Financial terms of the deal were not disclosed.

Read more Show less

Fan Controlled Football, a pro football league that lets spectators who own crypto call the plays in the game, has raised a $40 million Series A funding round as it looks to double its team count ahead of its upcoming second season.

Animoca Brands and Delphi Digital led the round, which included participation from investors Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, Spartan Capital, NGC Ventures, executives at GoldenTree Asset Management and The Sandbox co-founder Sebastien Borget.

Read more Show less

Fan Controlled Football does what it says: It lets those in the virtual bleachers have more control of the game.

Backed by high-profile investors including rapper Quavo of Migos and former boxer Mike Tyson, the latest esports league announced it will launch live-streamed games over a six-week on Twitch this February.

Read more Show less
Trending