Amit Mukherjee
@amitmukherjee
I'm starting to dig into sports x web3 as a potential investing thesis. Rationale: (1) Dapper + Sorare two of the most successful web3 projects (2) legalization of NIL and gambling create new market forces that web3 may creatively solve (3) team ownership a real use case for DAOs with interesting ripple effects
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Cheryl Kellond ⌐◨-◨
@xxfounder
Spent some time this summer working on a DAO + sports fandom project. So excited about what we are about to see with fan based team ownership...but only where existing mechanisms are used to enable actual equity ownership by community members. Just having a DAO invest in the team isn't enough...
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Cheryl Kellond ⌐◨-◨
@xxfounder
would love to learn how you are thinking/what you are seeing to solve for this...
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Amit Mukherjee
@amitmukherjee
yeah with current regulation, DAO with a liquid token representing ownership is impossible. we're thinking the DAO would have influence in governance decisions and that is part of holding your "season ticket"
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