Re: [ANN][TOKEN] FCFL (FAN) - Fan Controlled Pro Sports League

Great idea, I want to try this. Could you explain will it be only american Football? Or other sports will be available as well. I think that Football (Soccer) it is the best option.

Hello, for now, it will only be American Football, but we plan on adding more sports in the future.

But american football it is only for North America users. I think that only few numbers of people in Europe have understanding of rules, teams etc. It is very limited by the region. Why you did not choose more popular sport?

Well, American Football is getting more attention here in Europe also - poeple watching Super Bowl, playing in leagues etc. I really like this sport, but don't have many occasions to see the games. Will FCFL platform allow to watch live events?

FCFL is currently in conversations with streaming platforms to provide exactly that, but we are currently very early in these negotiations so we can't offer too many details yet.

Quote from: okspam on December 19, 2017, 09:27:43 PM

Quote from: cameronws on December 18, 2017, 09:48:39 PM

Quote from: okspam on December 18, 2017, 09:10:52 PM

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.

Quote from: sud on December 18, 2017, 09:33:28 PM

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?

There's no such functionality planned so far - as you say, it adds a great deal of regulatory pressure that FCFL would prefer to avoid for now.