Projects like Socios – arguably just a turbo-charged loyalty rewards scheme – are a glimpse of what’s possible. More ambitious are decentralized autonomous organizations (DAO) for sports that could give fans a say over club management, player recruitment, the styling of sportswear and even ownership. Though DAOs haven’t yet bought a major pro sports team, there have been attempts (notably in the case of the National Football League’s Denver Broncos), and, as Jeff Wilser details in a new feature, games like golf and yachting all have prominent DAO projects.
Source: https://www.coindesk.com/layer2/2022/07/25/introducing-coindesks-sports-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines