Sports Card DAO - Net54baseball.com Forums

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12-28-2021, 01:19 PM

maniac_73

CostA Kl@d1@n0s

Member

Join Date: May 2012

Location: Santa Clara, Ca

Posts: 785

Sports Card DAO

Not sure how many are familiar with the concept of DAO(Decentralized Autonomous Organizations) but they are basically a group chat with a bank account that uses the blockchain for transparency. Recently a group crated a DAO and raised 47 Million to bid on the US constitution. DAO�s allow people who buy tokens to be able to vote on the actions of the group without a hierarchy or traditional management model. Everyone has a voice and reaps the rewards.
Anyone here interested in starting a Sports card DAO to create a basket of high end vintage cards as a fractional investment?
Basically the way Rally and Collectible work but the owners of the DAO are everyone who invests and not a central person controlling a company.
Here�s a couple of Articles on DAO�s and the potential benefits.

https://www.macobserver.com/link/what-is-a-dao/

https://www.ft.com/content/c4b6d38d-...c-7b5cf8f0cea6

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