What if sports leagues made it easier for fans to not just own NFTs of highlights, a la Top Shot, but parts of the teams themselves, just for showing up? Attendance is down as the at-home experience keeps getting better, this might be a way to entice people back.

To recap the meta NFT thesis: attention is finite, the internet is vast, we’re tribal creatures driven by mimetic desire, and we’re building an insane parallel financial system that may have found a bridge to celebrities and mass retail adoption via crypto-enabled art and collectibles. When you add all of that up, NFTs allow you to “own a piece of... See more

Today, most successful characters exist as intellectual property owned by a single corporation. This means that fans don’t have any governance, let alone direct ownership, of these characters, limiting them to being only passive consumers of the products and narratives that the corporation decides to create. Even if fans buy public equity in the... See more