Vintage Sports Card DAO

jaysfan80 · 12-28-2021, 07:48 PM

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.theverge.com/22820563/co...m-constitution

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nepd · 01-01-2022, 10:05 PM

Group chat with a bank account. Love it.

I'm familiar with DAO's etc... and this seems intriguing to me. Keep me in the loop.

SpartanWarrior · 01-02-2022, 03:25 AM

Who holds the cards?

12-28-2021, 07:48 PM	#1
jaysfan80 Member Join Date: Dec 2019 Location: Santa Clara, CA Posts: 124 Maniac_73	Vintage 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.theverge.com/22820563/co...m-constitution Sent from my iPad using Tapatalk

01-01-2022, 10:05 PM	#2
nepd Member Join Date: Mar 2013 Posts: 1,647 jimmyanddelight	Group chat with a bank account. Love it. I'm familiar with DAO's etc... and this seems intriguing to me. Keep me in the loop. __________________ Son and I collect Dont'a Hightower, Ty Law, Tom Brady and Mac Jones

01-02-2022, 03:25 AM	#3
SpartanWarrior Member Join Date: Aug 2021 Location: PA Posts: 270	Who holds the cards?