Business Today

Fan Managed Soccer raises $40M to develop league with Bored Apes and Gutter Cats By Cointelegraph

Various sports activities group Fan Managed Soccer (FCF) has raised $40 million in Sequence A funding from crypto and blockchain gaming companies to assist the league’s enlargement plans, together with 4 new groups and a nonfungible token (NFT) undertaking.

The FCF was based in 2017 by Sohrob Farudi, Patrick Dees, Ray Austin and Grant Cohen and hosted its debut season inside a bubble atmosphere in Atlanta amid the pandemic final yr. The FCF options an indoor model of American soccer in a seven vs seven-player format, and the video games are streamed reside on Twitch.

4 new FCF groups: