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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
Had a conversation yesterday with someone who is buying stakes in sports teams. My first comment to them was that we need to get the teams into the Web3 world and they need to be in places like Farcaster to create and interact with communities that are Web3 native. A team pinged me they want to talk high level.🚀
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kharlo
@kharlo
In similar discussions I often heard the question why sports teams should do more than things like NFT collections where they can make some fast revenues What is your answer to this?
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
So right now there are massive communities of diehard fans where they totally miss over 70-80% of the possible revenue. There are also ways to create strong brand awareness and maybe more importantly control when and how the brand is distributed.
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kharlo
@kharlo
But what is their actual need to get in Web3 for leveraging this? Hard to imagine sports teams should do to get these fans onboard and why they need to use blockchain for this
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
Control and communication and other things. This is some of what we discuss with the teams.
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kharlo
@kharlo
Control in which kind? And how does communication change on-chain vs centralized networks like social media or discord?
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
There are a lot of different ways to skin a cat. All a question of what they want to accomplish.
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kharlo
@kharlo
Sorry and don't take it personally but it feels like you're dodging all the time Just like talking to a consultant
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Alex Roytenberg, CPA 🎩🍖
@alexroytenberg
This is the conversation we are having with teams. So not much I could share on here. Also, this is years of experience that is being boiled down to some thing small and digestible which something that is just randomly given away.
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