The new BuyTheBroncos DAO aims to acquire the Denver Broncos through cryptocurrency contributions fans who will be issued an NFT to their contributing wallets as an official member of the DAO.
“The purpose essentially is to establish an infrastructure so that fans from all walks of life can be owners of the Denver Broncos.”
If it succeeds, it would join the Green Bay Packers among NFL teams owned by the fans. Fans looking to own a stake of the Broncos through the DAO could contribute as little as they like, as opposed to the $300 per share for the Packers.
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