- Brock Pierce, went from a child actor, and a local charity worker, to the early adopter of cryptocurrency.
- Pierce is the founder of the world’s leading digital asset marketplace for games, IMI Exchange.
Brock Pierce is a blockchain pioneer, philanthropist, and investor with a substantial track record of advising, investing, and founding businesses. He has raised more than $5 Billion for the businesses he founded and is credited with developing the market for digital assets. Brock Pierce was born on 14 November 1980 in Minneapolis, Minnesota, US. He is an American businessman and a former child actor who is well-known for his work in the crypto industry.
The Early Life of Brock Jeffrey Pierce
Brock Jeffrey Pierce holds American nationality and belongs to a working family. His father was a builder and his mother was a professional disco dancer. He dropped his Film study at the University of Southern California in his first year and has not completed his graduation.
At a very early age, he started his career as a child actor and appeared in many movies including The Mighty Ducks, Ripper Man, First Kid, Little Big League, etc. He retired from acting at the age of 17 and established a Digital Entertainment Network (DEN) with Chad Schackley and Marc Collins-Rector. The purpose was to provide original video content to the audience via the Internet and raise around $88 Million in venture capital. However, in June 2000, the foundation filed for bankruptcy and permanently shut down.
In 2001, Brock Jeffrey Pierce founded Internet Gaming Entertainment (IGE) offering Massive Multiplayer Online Role Playing Games (MMORPG) currency-selling services and invested around $25 Million in purchasing seven smaller competitors between 2004 and 2005.
ZAM, a net website revolving around MMORPG was developed by Brock in 2003 and involved gaming websites such as Wowhead, Torhead, ZM.com, and Thottbot. He was appointed as the new CEO of Titan Gaming in 2012 and the managing director of the Clearstone Global Gaming Fund.
The journey of Brock Jeffrey Pierce is vast in the entertainment industry and his interest shifted towards the crypto market in early 2013.
Contribution to the Crypto Market
He joined Bradford Stephens and Bart in 2013 and found venture capital from Blockchain Capital (BCC) which raised $85 Million by October 2017. The venture raised a 3rd fund with the help of digital security provided on the blockchain, the first traded security tokens. Mastercoin is another venture capital fund that raised capital via an initial coin offering (ICO) and was joined by Brock Jeffrey Pierce in 2013. The venture boosted the craze for ICO worldwide and attracted hundreds of startups raising billions of dollars.
Brock, with Reeve Collins and Craig Sellars, co-founded cryptocurrency Tether in 2014 and surpassed Bitcoin in terms of trading volume. In May 2014, Pierce was appointed as the Director of the Bitcoin Foundation. However, the organization announced its Insolvency in 2015. In 2018, Pierce was spotted in the list of the top 20 wealthiest people in crypto by Forbes Magazine. His estimated net worth is between $700 Million and $1.1 Billion.
Conclusion
Brock Pierce is considered the hippie king of the crypto market and an early adopter of cryptocurrency. He is the founder of many entertainment startups and his interest in the crypto market began in 2013. He worked with different ventures from a very early age and was listed in the top 20 wealthiest people in the crypto market by Forbes Magazine and has a bright future in the crypto marketplace.
