As many as 36 boxers from six franchises might be seen in motion within the inaugural Professional boxing league, Hell’sbay Struggle League (HFL), the organisers introduced on Monday.
‘Hell’sbay’, a people-owned league is a transfer to take Indian Skilled Boxing to the world and might be ruled and managed by TIAR. It’s sanctioned by the Indian Boxing Council (IBC).
“There might be six groups within the league with six gamers every from three classes. Indian boxers from 54kg to 80kg might be eligible to enter the pool, which might be made for the franchise house owners to pick out their workforce, mentioned IBC President PKM Raja.
The HFL is deliberate to be held exterior India in August and can run on a novel idea of individuals’s possession.
The HFL might be obtainable to observe via pay-per-view and supply a giant purse to its boxers in each battle.
Final week, the organisers introduced the thought of the first-of-its-kind initiative, the place TIAR (The Indian Artwork Revolution) will promote shares of the six franchises to individuals who will spend money on the NFTs (Non-Fungible Tokens) via TIAR.
A non-fungible token (NFT) is a non-interchangeable unit of knowledge saved on a blockchain, a type of digital ledger, that may be bought and traded. Varieties of NFT information items could also be related to digital recordsdata akin to photographs, movies, and audio.