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.
A stacked week of earnings this week as Facebook, Twitter, Amazon and several others gear up to release their quarterly results. Earnings have so far exceeded expectations despite supply chain concerns and the ongoing pandemic. Daniel Newman, Futurum Research principal analyst, tells Cheddar which companies he's paying attention to this week.
Last week, shares of Digital World Acquisition Corp skyrocketed after following Former Present Trump's announcement that he would be partnering with the company as part of a Special Purpose Acquisition Company, or SPAC. Christian Munafo, Chief Investment Officer of Liberty Street Advisors and portfolio Manager of the Private Shares Fund broke down the latest, including whether or not Wall Street is currently experiencing a SPAC boom.
Facebook reported a beat on its Q3 earnings on Monday, despite a miss on revenue. This comes as the social media giant has found itself entrenched in negative headlines of late. Timothy Lesko, Partner and Portfolio Manager at Granite Investment Advisors, joined Cheddar to break down the latest.
Facebook has been in the midst of a media firestorm thanks to the Wall Street Journal scathing report and Frances Haugen's whistleblowing among other news. With the social media giant set to release its Q3 earnings after the bell, Cheddar News caught up with John Quelch, Dean of Miami Herbery Business School to discuss what to expect.
Jill and Carlo cover the news out of Facebook's latest earnings, Tesla's monumental day, Dave Chappelle addresses controversy and the tragedy of the climate emergency.
The price of Bitcoin hit a new all-time high last week following the Wall Street debut of ProShares Bitcoin Strategy ETF. Todd Cipperman, Founding Principal for Cipperman Compliance Services, joins Cheddar News' Closing Bell, where he explains why ProShares' ETF got off to a hot start while Valkyrie's Bitcoin Strategy ETF, which debuted just days later, did not.
