The founders of Krause House, a decentralized autonomous organization (DAO) have one simple goal: to buy an NBA team.
DAOs are collective organizations owned and managed by its members/holders, without centralized leadership. Each member of a DAO has a voice, similar to how shareholders vote in companies.
The areas where fans’ decisions would be valuable include ownership decisions (buy/sell equity, allow other investors, etc) team location hires (GM/VP, Head Coach, etc), and marketing + events (team uniform, player events, etc).
So far, the biggest move that Krause House has made to date was purchasing a team in Ice Cube’s BIG3 league.
Join ONE37pm as we have a conversation with the Krause House team on how they are bringing Web3 and the basketball community together.
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