New York, June 3, 2022 (GLOBE NEWSWIRE)-Krause House is a Decentralized Autonomous Organization (DAO) governed by a community of basketball enthusiasts and purists. Together, they establish a model for bringing the team governed by the first fan to the league. A group of ambitious contributors with the goal of owning an NBA team describes the underlying mission of DAO in its purest form.
In a recent development, a dedicated organization purchased all 25 FireNFTs for ownership of the BIG3BallHogs team. As a DAO, this organization has adopted the label of an open arm online co-operative. They defend the mechanics and practices of the evolving organization of the traditional hierarchy.
As a DAO with sports fans and crypto enthusiasts on a mission to own and operate the NBA team, the team is committed to gaining minority status and ownership in other professional sports leagues, including the eSports League. is.
The Krause House community ownership and management model is based on web3 technology and a collective vote of NFT holders to make strategic decisions about clubs in the DAO portfolio. The team of experts behind Krause House has built enough infrastructure to apply blockchain technology to sports ownership. Team ownership requires efficient coordination of large groups of anonymous people.
They define ownership as fairness, that is, having a say in strategy and participating in improving business and influence. Ultimately, this means that fans of all professional franchises can collectively take real ownership of the organization.
Here are some milestones on the road to this journey:
The goal of Krause House is to emphasize franchises within the BIG3 league as a new model for fan-led franchises. This brings a new fan experience that includes NFTs, memes, voting, communities and more. This is the best that web3 + Metaverse can offer. Krause House believes that a decentralized organization will fully own a professional sports team within 10 years.
For the next few years, Klaus House will hold a minority position on major professional sports teams. Purchases similar to BIG3 and other products serve as evidence of Krause House’s ability to share stories, inspire fans, influence teams, adopt Web3 distributed models, and increase fan engagement.
Potential users and crypto enthusiasts will access the following links for more information and community connections: