Post
Topic
Board Tokens (Altcoins)
Re: [ANN][TOKEN] FCFL (FAN) - Fan Controlled Pro Sports League
by
Cameron.ws
on 18/12/2017, 21:48:39 UTC
There aren't any regulatory risks involved are there?

FCFL will be subject to most of the same regulations as any sports organisation, but the coin itself is a utility token, and is not subject to the same financial regulation as a security.

Although I'm more of a soccer fan (since I'm from Europe), but I really like your concept. I think blockchain space needs more sports focused projects like yours. Looks like you are already half-way to reach the hardcap ($5M right?) so tokensale will probably be successful. Will be following you guys.

The $5m is a softcap, the hardcap will be in the range of $25-30m with the exact number announced the day before the sale begins.