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.
That's definitely good it's not considered a security. It seems like spots regulation isn't so bad, as long as you guys won't be doing any sort of betting on the platform. But if you were, that could make this project extremely interesting. You won't ever offer betting on platform?