Commodore

@commodore

83 Following

203 Followers

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Crazy to see OHM back in the mix

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what did you decide?

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still high on OHM? did you see what some of the devs are up to w/ Baseline?

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I'm still waiting for $hamburglar

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Proof of: Work → Stake → Culture

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yes, true. if you have enough volume, things like Zendesk can use keywords to suggest kb articles. used to call these NAEs (not-as-expecteds) & treated them effectively like UX Bugs but I would think a ticketing system with some light LLM could solve 50% of your issue

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support ticket -> automations -> knowledge base article

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on-chain trusts >>>

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here's the thing, DAOs are the primordial soup for the next generation of fractional ownership I've been beating my head against a wall for 3 years w/ our lawyers to get a structure that works for owners / leagues / fans it's really fucking hard we need something new to emerge from it that can handle the reality of the tradFi world w/ the upside of DeFi 👨‍🍳

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fractional ownership CREATES fandom I'm the 1st to admit, I didn't watch the BIG3 before we became owners if I did, it was prob Beasley highlights — but only if the algo served them to me being a fractional owner creates your fandom what clubs that aren't the Cowboys, Yankees, Lakers, ManUtd, don't realize is that if they want to drive the next order of magnitude fans; they'll need to bring fans deeper

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in fact, Brian Scalabrine was even roasting him on the latest broadcast (which hit 4.3m viewers) that he's the "money guy" 😂 point is — here's a random KH contributor who had real talent & no path to a unique pro basketball experience; entirely earned with a collective ownership group

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the Ball Hogs are an experiment in Access my fav story is of bayesianballer a KH Jerry who loved analytics, started building scouting reports for the Ball Hogs… now he sits on the bench as an assistant coach 🤯 his scouting reports evolved into rotation analytics then into draft analysis & now a valued member of the club

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"ownership" of any assets is actually 3 things: - access - equity - governance while all 3 are amazing, plenty of market demand exists for remixes of the 3: Airbnb = Capital for access Robinhood = Capital for equity Governance Token = Capital for governance

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why does this all matter? fan ownership isn't a crazy idea but it is complicated every fan wants to be special but special how? is it luck? is it meritocratic? is it by spend?

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not widely known, but the EPL allows for up to 10% of the club to be owned by just about any structure the majority owner would like but owners have a cautious relationship w/ their fans, their tolerated when the club wins & vilified when they're losing most fans want them to dump capital to win, but each owner has different "1b" goals with the club

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the @bostonceltics (obligatory F Boston) went public in '86 only to go private again in '02 fun fact: they opened at $18.50 & closed at $27 there were mixed feelings about the approach. there we gimmicks like a "Boston Celtics Owner Barbershop" that didn't go over well w/ the majority owners more details: https://www.barrons.com/articles/SB1045870898333098143

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every league (best thought of as a collection of owners that appoint an exec to operate) & owner think about ownership differently the phrase we've heard from the NBA to EPL to MLP is the same: "one throat to choke" the owners collective want to be able to hold a single individual accountable to make changes to protect the collective

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@krausehouse became the world's 1st DAO to buy a pro sports team, the Ball Hogs luckily the ownership group was open minded to bringing a native DAO into the ownership group they built a novel structure of NFTs to facilitate the deal

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a DAO owned pro sports club; what could go wrong? a case study thread 🧵 the conclusion will surprise you

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