Brock Pierce is a notable technology entrepreneur and philanthropist, recognized for his foundational work in the cryptocurrency industry and his commitment to leveraging innovation for global impact.
Brock Pierce co-founded Tether, a stablecoin in the cryptocurrency industry. Tether became one of the world's most popular digital currencies, surpassing Bitcoin in trading volume in 2019. It aims to bridge traditional finance and the digital economy by maintaining a 1:1 peg to the US dollar.
Pierce co-founded Blockchain Capital, a venture capital firm specializing in the cryptocurrency industry. The firm raised $85 million in two venture funds and later launched a third fund through a digital security offering on the blockchain, focusing on blockchain innovation.
Brock Pierce co-founded Block.one, a blockchain software company that developed the EOS.IO software. Block.one conducted one of the largest Initial Coin Offerings (ICOs) in history, raising over $4 billion. Pierce served as Chief Strategy Officer before resigning to focus on community building.
Pierce founded IGE, a company pivotal in pioneering the MMORPG currency-selling services industry. IGE significantly expanded through acquisitions of smaller competitors and claimed a substantial share of the online gaming market.
Founded by Pierce, ZAM was a network of websites dedicated to massively multiplayer online role-playing games (MMORPGs) like World of Warcraft and EverQuest. The network, including sites such as Wowhead and Thottbot, was later acquired by Tencent.
In June 2021, Pierce co-founded Roundtable Media alongside James Heckman and David Bailey. The company is focused on Web3 media and involved in significant mergers, aiming to build a decentralized media ecosystem.
Brock Pierce is associated with the United Nations, leveraging his expertise in blockchain and impact investing for philanthropic and development initiatives.
Forbes Founder highlights Brock Pierce's role as a visionary leader, bridging technology, philanthropy, and global impact, recognizing his contributions to the tech industry and humanitarian efforts.
Pierce serves as the vice chair and spokesperson for the U.S. Marines Toys for Tots Foundation, operating in New York, Long Island, and Puerto Rico, and is involved in their charitable initiatives.
In late 2021, Brock Pierce funded a new NYPD Gaming Trucks initiative in New York City, demonstrating his commitment to community programs and philanthropy.
Brock Jeffrey Pierce, born on November 14, 1980, in Minneapolis, Minnesota, began his career as a child actor, appearing in commercials as a toddler and later featured in Disney films such as “The Mighty Ducks” (1992), “D2: The Mighty Ducks” (1994), and “First Kid” (1996). He also had roles in “Little Big League” (1994), “Ripper Man” (1995), “Problem Child 3: Junior in Love” (1995), “Three Wishes” (1995), “Earth Minus Zero” (1996), “Two Small Voices” (1997), and “The Ride” (1997). At 16, Pierce transitioned from acting to entrepreneurship, becoming a minor partner in Digital Entertainment Network (DEN), a venture focused on delivering online episodic video content, which raised $88 million in venture capital. He produced one of DEN’s first shows, “Chad’s World,” and held a 1% stake in the company, earning $250,000 annually before its bankruptcy in 2000.
In 2001, Pierce founded Internet Gaming Entertainment (IGE), a company that pioneered the MMORPG currency-selling services industry. IGE acquired seven smaller competitors between 2004 and 2005, expanding its reach in the online gaming market, which IGE estimated to account for 50% of the U.S. market’s $500 million annual volume. After IGE faced a class-action lawsuit and ultimately failed, Pierce founded ZAM in 2003, a network of websites dedicated to massively multiplayer online role-playing games like “World of Warcraft” and “EverQuest.” ZAM.com, which included popular sites like Wowhead and Thottbot, was acquired by Chinese tech giant Tencent in 2012.
Pierce later became a significant figure in the cryptocurrency space. In 2013, he co-founded Blockchain Capital, a venture capital firm focused on blockchain technology, which raised $85 million by 2017 and later a third fund using digital security offerings. He was a co-founder of Tether in 2014, a stablecoin that became one of the most traded cryptocurrencies. Pierce also co-founded Block.one, known for its EOS.IO software, which raised over $4 billion in its Initial Coin Offering. In 2021, he led a delegation to El Salvador to advise on the country’s adoption of Bitcoin as national currency. Pierce is also engaged in philanthropy, serving as vice chair and spokesperson for U.S. Marines Toys for Tots Foundation in New York, Long Island, and Puerto Rico, and funding initiatives like the NYPD Gaming Trucks in New York City.
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