Mike Tyson’s New Startup ‘Fight to Fame’ Will Mix Up Entertainment with The Blockchain
Mike Tyson, the famous American boxer star, has recently decided to
create a new startup. The platform is set to be an entertainment platform for fighters that will be called Fight to Fame.
I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my current involvement isn’t accurate.
— Mike Tyson (@MikeTyson) August 14, 2019
Here is the rest of the article should now be considered inaccurate:
This new platform is set to use the blockchain technology to create the conditions that will help aspiring fighters to reach success.
According to Tyson, the platform, which will have Farzam Kamalabadi as CEO, will fulfill one of his goals, which was to be a mentor for new generations of boxers. He affirmed that he’s interested in helping them to find success and real compensation in their careers, so this platform will be his pet project.
Kamalabadi affirmed that the blockchain will be important because it will enable the participants to solve problems that were simply impossible to solve before. This way, fighters can use fan tokens to get money other than the fees that they normally get in the industry.
In this model, the fans can also gain money if the value of the tokens goes up, which can help the fighters and the communities of fans which are created around them.
The new platform is set to be “fully immersive” and use the blockchain to provide a completely new experience. It was also affirmed that the project can be important for the blockchain industry as well. Tyson is a very famous figure, so his endorsement of projects like this one will certainly be important for them to be successful in the future and can drive adoption up.