New pro boxing league in August
The Indian Art Revolution and Indian Boxing Council are set to launch Hellsbay Fight League comprising six teams jointly owned by 1,500 people.
Published : Apr 14, 2022 17:18 IST
In a first-of-its-kind move, Indian Art Revolution (TIAR) and Indian Boxing Council (IBC) are set to launch Hellsbay Fight League (HFL) in August.
The HFL will be a professional boxing league in which each of the six teams will be jointly owned by 1,500 people. Shares will be sold to common people through Non-Fungible Tokens (NFTs) to invest in the teams.
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The HFL, involving Indian boxers, will be held abroad, said a statement on Thursday.