New Football League Offers Fans Total Control Over Players and Games
There is a new American Football League that has fans in total control of the teams, coaches and plays. The Fan Controlled Football League (FCFL) will allow fans to choose the players and coaches that make up each of the eight inaugural teams and even pick the teams' offensive plays.
CEO Sohrob Farudi sits down with Alyssa Julya Smith in Los Angeles to talk about the funding the league received and how it plans to implement tokens to reward fans who engage with successful results. All eight teams will play in an indoor area that is being described as a "high tech production studio," which is intended to create place where fans will be able to watch and participate in the games.
In an official announcement made Thursday, Vonage co-founder Jeff Pulver and co-creator of Ethereum Steven Nerayoff are joining the advisory board to bring the league to the next level. Fan Controlled Football League will debut in summer 2018 and more information can be found at https://fcfl.io.
Earlier this week, crypto investors who got in on a 'Squid Game'-inspired coin were shocked when the asset turned out to be part of a scam. The people involved made off with close to $3 million after the Netflix-inspired coin's valuation went from $0.01 to $3,000 and back down to $0 within several days. CoinDesk Anchor Christine Lee joins Cheddar News' Closing Bell to discuss the pump-and-dump scheme, how investors can be on the lookout for similar scams, and what crypto platform Binance is doing to investigate the incident.
More American tech companies continue to pull their businesses out of China as the Communist Party cracks down on firms — both foreign and domestic. Yahoo and Fortnite have become the latest companies to withdraw from the country, and the withdrawals come just days after Microsoft announced it would take LinkedIn offline. Shehzad Qazi, managing director at China Beige Book International, joined Cheddar to provide some insight into how the crackdowns in China would also impact the tech companies at home in the United States.
Sian Morson, founder and editor of The Blkchain, talks about the challenges digital artists of color face getting opportunities to advance their careers and ways NFTs are redistributing wealth.
A new report out by the Center for Countering Digital Hate shows how just ten publishers are responsible for the bulk of climate change misinformation on social media--and companies like Facebook and Google are making money off them. Imran Ahmed, CEO of the Center for Countering Digital Hate, joined Cheddar to discuss.
