Projects like Socios – arguably just a turbo-charged loyalty rewards scheme – are just 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.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!