Brock Pierce is an American entrepreneur known for his work in the cryptocurrency industry. Pierce was born in Minnesota, and as a child actor appeared in Disney films. His major roles were in The Mighty Ducks (1992), D2: The Mighty Ducks, First Kid (1996).
Pierce retired from acting at 17 and joined as a minor partner Digital Entertainment Network (DEN), which goal was to deliver original episodic video content over the Internet. Pierce produced its first show, a pilot for gay teenagers called Chad’s World. As an 18 year old, Pierce was making $250,000 a year and held 1% of the company’s shares.
Brock Pierce resigned in the wake of allegations of sexual assault, DEN filed for bankruptcy and shut down in June 2000. In 2013, Pierce founded venture capital firm Blockchain Capital (BCC) which was reported to have raised $85 million by October 2017. Pierce announced a $50 million Initial Coin Offering (ICO) by BCC in February 2017. On its launch in June 2017, the currency was named EOS and marketed through a new vehicle called Block.one of which Pierce was variously described as co-founder, head, minority partner and advisor. The ICO attracted $700 million and was by far the biggest in 2017. By March 2018, Pierce’s role at Block.one had changed to chief strategy officer and he resigned from the company that month.
As of 2013, Pierce was managing director of the Clearstone Global Gaming Fund, a board member of IMI Exchange (a remnant of the IGE restructuring), Xfire, Playsino, GoCoin, FGL, Spicy Horse Games, KnCMiner.cn and the Mastercoin Foundation. He was also a member investor of Bit Angels and an investor in BTC China.
In May 2014 Pierce became Director of the Bitcoin Foundation, which announced its insolvency in July 2015.
Pierce founded 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., in 2003. The ZAM.com network included gaming websites such as ZAM.com, Wowhead, Thottbot, Torhead, and D3DB.
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 has been a guest speaker at the Milken Global Conference Singularity University, and Caltech.
In 2000, three former DEN employees filed lawsuits against Pierce, alleging that he provided them with drugs and pressured them for sex when they were minors. Court records show that Pierce paid more than $21,000 to settle one of the lawsuits, while the other two were dropped.
Click to see more