Brock Pierce (born November 14, 1980) is an American entrepreneur known for his work in the cryptocurrency industry and former child actor. As a child actor, he was in Disney films The Mighty Ducks (1992), D2: The Mighty Ducks (1994) and First Kid (1996).
Video Brock Pierce
Bitcoin/cryptocurrency career
Pierce is known for his work with bitcoin and other digital currencies, as an advisor, founder, and investor. Pierce has invested in over 30 companies in the blockchain ecosystem, helped raise over $200MM for companies he is involved with, is a mentor for startup accelerators, and runs a top AngelList syndicate.
Pierce was elected Director of the Bitcoin Foundation in 2014. In a February 2018 issue of Forbes magazine Pierce was named in the top 20 wealthiest people in Crypto with an estimated net worth between 700 Million and 1.1 Billion.
Pierce is a founder, board member, or advisor for several Bitcoin companies, including GoCoin, Tether, ZenBox, Blade Financial, Expresscoin, Noble Markets, BitGo, AirSwap, and ChangeTip.
Maps Brock Pierce
Acting career
Pierce was born in Minnesota, and appeared in commercials as a toddler. His first major role was playing a young Gordon Bombay in The Mighty Ducks (1992). Pierce reprised the role in D2: The Mighty Ducks. He starred as Luke Davenport in First Kid (1996). Pierce had small roles in Little Big League (1994), Ripper Man (1995), Problem Child 3 (1995), Three Wishes (1995), and Earth Minus Zero (1996).
Entrepreneurship
Digital Entertainment Network
In 1999, Pierce was an executive vice-president of the Digital Entertainment Network, a company that created four- to six-minute streaming-video series, having raised $88 million from blue-chip investors. As an 18-year-old, Pierce was making $250,000 a year and held 1% of the company's shares, a board member describing him as "the guy who could tell us what Gen-Yers were likely to think".
IMI Exchange
Pierce founded IMI Exchange (originally Internet Gaming Entertainment) in 2001 and resigned from his CEO position on June 26, 2007, but remained an adviser and vice-chairman of the board of the company. Under Pierce's leadership, IMI Exchange nurtured DAX, the largest virtual goods exchanges in South Korea and the US/Europe market with sites, such as ItemMania and Player Auctions, respectively. IMI Exchange raised over $100 million from investors such as Goldman Sachs and Oak Investment Partners.
Pierce worked at ZAM, a network of websites oriented around massively multi-player online role-playing games (MMORPG), such as World of Warcraft, Star Wars: The Old Republic, Rift, EverQuest, etc. The ZAM.com network included gaming websites such as ZAM.com, Wowhead, Thottbot, Torhead, and D3DB.
Internet Gaming Entertainment and Block.One
On January 17, 2018 BLOCK.ONE which designs free market systems to secure life, liberty, and property by publishing open source software that is free for everyone to use. Announced with TOMORROW BLOCKCHAIN OPPORTUNITIES ("TomorrowBC") the creation of a fund with a fifty-million-dollar investment to exclusively invest in opportunities leveraging EOS.IO software. TomorrowBC aims to invest in trailblazing entrepreneurs and companies looking to shape our future utilizing new technologies, like the EOS.IO blockchain open source software. Former Alphabet CEO Eric Schmidt is behind TomorrowBC which is poised to take advantage of companies reshaping many traditional and emerging industries.
When asked about the potential of the new disruptive technologies on the future, Schmidt said, "The possibilities created by these new technologies are going to be monumental. I am excited to see where the pioneers of these new emerging technologies can take us."
Brendan Blumer, CEO of BLOCK.ONE, echoed Schmidt's sentiments, "We are excited to work with an established and experienced team that is focused on developing disruptive companies and technology. The open source EOS.IO software fundamentally enables new community-driven business models capable of disrupting the largest incumbents across all major sectors, and BLOCK.ONE will be heavily investing in this future.
EOS.IO is an Operating System on which scalable Decentralized Autonomous Communities "DACs" can easily be built, launched, and governed. Made possible through asynchronous smart contract communication, EOS.IO is designed to empower communities to create the next era of disruptive organizations.
Block.one's EOS ICO has raised approximately $700 million USD, despite EOS's FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018.
EOS is the brainchild of 31-year-old Hong Kong-based internet entrepreneur Brendan Blumer and programmer Dan Larimer. The chairman of the Bitcoin Foundation, Brock Pierce, serves as an adviser to EOS and is a minority partner in the company.
In 2001, Pierce founded Internet Gaming Entertainment (IGE), a company which pioneered the MMORPG currency-selling services industry that link virtual economies with the real one. In 2004, CNN Money reported that IGE brought in more than $1 million USD each month. Between 2004 and 2005, IGE spent more than $25 million buying out seven smaller competitors, including four auction platforms and a number of fan and content sites. In 2005, Pierce estimated that IGE accounted for about 50% of this online market in the U.S., which has about $500 million in annual volume.
Pierce founded Internet Gaming Entertainment in 2001 and ZAM in 2003. Pierce has been involved in the establishment of digital currencies and virtual goods. Many of Pierce's companies have operated in this virtual space.
Pierce is active in the Bitcoin/Blockchain ecosystem, with numerous speaking engagements, conference activities, and community involvement. In May 2014, Pierce was elected Director of the Bitcoin Foundation. Pierce is co-Founder and Advisor at Blockchain Capital, a venture capital firm that is amongst the most active venture capital firms in fintech.
Pierce supports non-profit and advocacy efforts, and is a member of the Clinton Global Initiative. He has been a guest lecturer at the Milken Global Conference, Singularity University, Stanford, USC, Caltech, and UCLA.
Titan Gaming/Playsino
In 2010, Titan Gaming recruited Pierce to sit on its board along with EA Executive Keith McCurdy. Pierce joined other Southern California angel investors, including MP3.com's Michael Robertson, SOA Software's Eric Pulier and William Quigley and Jim Armstrong of Clearstone Ventures. Also that year, Titan Gaming purchased the rising online gaming network Xfire from Viacom. In October 2011, after Xfire received over $4 million in fresh funding from Intel Capital, Titan Gaming and Xfire cut ties and went their own ways. Titan Gaming and Xfire now operate independently. In late April 2012, Titan Gaming announced that it would be rebranded as Playsino to embark in a complete makeover, with Pierce as the new CEO and $1.5 million of new funding.
References
External links
- Brock Pierce on IMDb
- "How a Visionary Venture on the Web Unraveled" from the JosephMenn.com
Source of the article : Wikipedia
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