Fight To Fame Is Combining Blockchain Tech With Something You Wouldn't Expect
CryptoBit News Today1 min read
Fight to Fame is a startup entertainment platform seeking to elevate combat athletes by combining cinema, blockchain technology, and the celebrity status of former heavyweight boxing champion Mike Tyson. The company aims to help fighters gain recognition through a host of entertainment mediums, including social media, reality TV, film, games, live matches, and betting. It's an ambitious business model that combines three separate industries into one huge prospect.
The blockchain venture intends to build an international fight league and cast its top participants in reality television programming and Hollywood action films.
The platform's model involves discovering talent, having them compete internationally in combat sports, and moving standout competitors onto dramatic reality television shows.
The victors are then set to undergo training to become action stars in Hollywood and across the globe.
Social Media and Reality TV
Once discovered, fighters will receive heightened publicity through social media platforms and reality television series.
According to Smithe's LinkedIn page, the three-phase plan starts with a tournament series across 100 countries. The favorite fighter would appear in a reality television show, where viewers use FF Tokens to vote for contestants. But only 50 contenders will get past preliminaries.
FF Token Utility
The FF Tokens are intended to establish a precedent that will also benefit upcoming shows.
The venture claimed that Tyson was a key figure in creating the concept of bringing a new wave of fighters into Hollywood through Fight to Fame.
Controversy
In a phone interview with Modern Consensus, Tyson's publicist Jo Mignano explained that while Tyson engaged in talks regarding Fight to Fame two years earlier, he never joined the venture. Tyson's attorneys at Lavely & Singer sent a February 12 cease-and-desist letter addressed to Shi and several associates at Moregain Capital Group.
Additionally, cryptocurrency research firm Cointelligence described Fight to Fame as a fraud in a report, linking the company to Jianxiang Shi, a Chinese fugitive.
