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New Alchemy Partners with and Invests in the FCFL

We believe FAN Token is the future of professional sports. Some experts in the space appear to agree! We are super excited to share with all of our FANS that New Alchemy, a leading consulting group in the blockchain industry, has partnered with us on the development of our first FAN Token application, the Fan-Controlled Football League (FCFL). New Alchemy and the FCFL will work together to launch the league’s tokens and assist in developing the FCFL blockchain ecosystem. As part of this strategic partnership, New Alchemy Managing Director, Peter Vessenes, has invested in FAN Token, the FCFL’s official token ecosystem.

The first of its kind to be powered by the blockchain, the FCFL combines fantasy football and video games with all the excitement of an actual football game. The new league recently announced an exclusive, multi-year broadcast deal with Twitch and has selected IMG Original Content to produce all live game broadcasts.

Vessenes has deep roots in digital currency, tokenization, and blockchain technology. He founded the first U.S. venture-backed Bitcoin corporation, the International Bitcoin Foundation (an oversight organization for the Bitcoin community), and the original large-scale 65nm Bitcoin mining company. He also holds the fundamental patent for de-anonymizing Bitcoin transactions.

Peter currently acts as Managing Director of New Alchemy, a strategy and technology advisory group specializing in tokenization. New Alchemy coordinates successful ICOs for its clients by providing them with C-level strategy, smart contract development, project management, token game theory, and marketing services. A company that truly understands the disruptive nature of blockchain technology and tokenization, New Alchemy is shaping the blockchain industry’s impact on society. New Alchemy has quickly established itself as the leading consulting group in the blockchain/tokenization industry and is currently developing Deluge Network, the first service to allow users to directly contribute Bitcoin to an ICO without an exchange.

Vessenes said: “We are thrilled to be working with the FCFL to help bring their ideas to life. As a strategic partner and investor, we are excited to help trailblaze the future of sports by enabling fans from all over the world to experience managing a real team and see a direct impact from their decisions.”

Vessenes and New Alchemy will assist in developing the FCFL’s blockchain network and FAN Token ecosystem. Backed by a team of blockchain and cryptocurrency experts, New Alchemy has vast expertise in helping businesses create and launch new tokens and crypto projects.

Sohrob Farudi, Co-Founder and CEO of the FCFL, said: “New Alchemy’s experience and knowledge of the blockchain industry makes them a valuable partner for managing FAN Tokens and the online FCFL network. We look forward to working together to give the power back to the fans and are excited to have Peter come on board as not only an advisor and strategic partner, but also as a keystone investor.”

New Alchemy and the FCFL are working together to put fans in control of their favorite teams in the first real-world football league powered by the blockchain!

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1 Comment

  1. Skyler Deschamp April 27, 2018

    This is awesome! I can’t wait to try it.

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