Could a DAO Save Chelsea FC? How DAOs Can Help Decentralize Ownership

Written by xenofon | Published 2022/03/24
Tech Story Tags: chelseafc | cryptocurrency | dao | daos | football | russia-ukraine-war | ethereum | hackernoon-top-story | hackernoon-es

TLDRChelseaDAO aims to allow football fans to participate in the club's governance process. Football DAOs have been a recurring topic for automation experts since the 70's. DAOs can help a group of people deliver a number of operations - from automated financial services, to community-generated media and plenty of other applications that have not yet been realized. The DAO initiative suggests a realistic implementation of the technology on under-fire Chelsea FC. The club was seized by the British Government indefinitely, leaving one of the crown jewels of world football unable to sign new contracts, sell match day tickets.via the TL;DR App

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Published by HackerNoon on 2022/03/24