A DAO Is Attempting to Raise $4 Billion to Purchase the Denver Broncos
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....
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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, […]
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....
On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location in Denver will be launching a pilot that allows customers to purchase food with bitcoin by leveraging the Bakkt application. Denver Airport’s Quiznos Plans to Pilot Payments via the Bakkt App in Mid-August Bakkt has revealed that it is collaborating with the company Quiznos and plans to launch....
Early November marks the beginning of the Denver Bitcoin Center, a non-profit, grassroots incubator and shared working space for Bitcoin startups. The Center had it’s Grand Opening Party on November 7, and was attended by Bitcoin users, enthusiasts, and entrepreneurs from all over including Founder of Sean’s Outpost Jason King and Founder of the College Cryptocurency Network Daniel Bloch. Center members are already working on a couple of bitcoin projects. One project aims to educate local merchants on how to accept bitcoin for their business, and another is EasyBit, a bi-directional....