Denver Broncos: These Crypto Fans Rush To Secure $4 Billion To Own The NFL Team
The Denver Broncos is for sale, and a group of crypto aficionados is attempting to acquire it by raising more than $4 billion via a decentralized autonomous organization. The BuyTheBroncos DAO comprise some of the best minds in the business: legal counsels, financial experts, certified public accountants, software engineers, professional athletes, and a mathematician. So, […]
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A decentralized autonomous organization (DAO) wants to purchase the National Football League (NFL) team the Denver Broncos. The DAO called “Buy the Broncos DAO” (BBD) wants to obtain the NFL team as a community and “put ownership in the hands of the fans.” A Newly Formed DAO Wants to Buy the Denver Broncos Franchise A newly formed DAO called “Buy the Broncos DAO” (BBD) is following in the footsteps of various DAOs created in the past year. Last year, there was one DAO that tried to purchase a rare copy of the U.S. constitution, but the....
The next owners of the Broncos could be a humble DAO organized by a group of professionals who may wind up paying the most ever for a North American sports team. A new decentralized autonomous organization (DAO) has been formed to raise money in an effort to purchase the Denver Broncos U.S. National Football League team for around $4 billion.BuyTheBroncos DAO aims to give fans a chance to own a piece of the team no matter their level of wealth. One of the organizers of the DAO, former Cisco employee Sean O’Brien, told CNBC on Feb. 19 that:“The purpose essentially is to establish an....
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekFormer Cisco employee launches DAO to buy Denver Broncos A freshly launched decentralized autonomous organization dubbed BuyTheBroncosDAO is aiming to raise enough capital to purchase the NFLs Denver Broncos for roughly $4 billion.The project is offering fans of various levels of wealth the chance to own a slice of....
Fans chose the formation and the attacking lineup through blockchain. Then they won. Fans truly know the team best. A football team in Cyprus won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan engagement to a new level. Apollon FC, using fan token platform Socios.com, won in a friendly match against rivals Aris Limassol, Socios said in a post. Apollon won six goals to zero. With Socios, fans of Apollon who bought its fan token APL had the opportunity to vote in a series of polls. These determined....
The Sacramento Kings became the first team in the NBA to accept Bitcoin in January of this year. In the first months since the announcement, the team only allowed season ticket holders to use Bitcoin for purchases at the arena, but last week the team announced their partnership with BitDazzle to launch KingsBitcoin.com. KingsBitcoin.com, powered by BitDazzle, is the first online marketplace to accept the virtual currency in the NBA. Launched April 3, the website allows customers to pay for game tickets, memorabilia and special fan experiences using Bitcoin. The co-branded online store....