• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home ASIA

Denver Broncos: These Crypto Fans Rush To Secure $4 Billion To Own The NFL Team

CB4U by CB4U
February 22, 2022
in ASIA
0
Denver Broncos: These Crypto Fans Rush To Secure $4 Billion To Own The NFL Team
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Denver Broncos is for sale, and a group of crypto aficionados is attempting to acquire it by raising more than $4 billion via a decentralized autonomous organization.

The BuyTheBroncos DAO comprise some of the best minds in the business: legal counsels, financial experts, certified public accountants, software engineers, professional athletes, and a mathematician.

So, anybody with the wherewithal can participate in this kind of DAO, that if all criteria are met and the decision-makers give their collective nod.

The Broncos definitely cost and arm and a leg. But, there’s power in every DAO, as the modern sages would say.

Steep Price Tag For Denver Broncos

The Broncos was placed on the market earlier this month, with the existing owners, the Bowlen family, and trustees saying in a statement that they intend to finalize the sale by the start of the 2022 NFL season on September 8.

At $4 billion, the Broncos’ purchase price is expected to be the largest in North American sports history, sports analysts said.

Crypto total market cap at $1.745 trillion in the daily chart | TradingView.com

A Bit ‘Badass’

Sean O’Brien, a 10-year veteran of Cisco Systems’ legal department, is spearheading the initiative. O’Brien indicated that the DAO will go live within the next several days.

According to Joe Ellis, President of the Denver Broncos, the team is a unique organization that is “woven into the fabric of this region,” and whoever emerges as the team’s new owner will undoubtedly “appreciate what the team represents to our incredible fans and our town.”

O’Brien, on the other hand, is more upbeat. He described it as “a little crazy” — but also “a bit badass.”

Related Article | Hollywood DAO: giving power to viewers and creators through decentralization

The sale, he explained, is primarily to “create an infrastructure” that will allow fans from all walks of life to become owners of the franchise.

Jared Polis, Colorado’s governor and a well-known proponent of cryptocurrency, recently disclosed he would be “ecstatic” if the DAO succeeded in its mission.

The issue at the moment, Polis noted, is that the acquisition will require a sizable sum of money.

A Powerhouse Team

While the smart contracts and crypto wallets have been created, O’Brien added that the DAO would not be online until the first week of March.

The Broncos have been one of the NFL’s most successful teams since 1975. They have won eight AFC championships and three Super Bowls.

DAOs take resource pooling to a new level. They exemplify a new type of organization that is “moving at breakneck speed,” according to Auston Bunsen, co-founder of blockchain provider QuikNode.

Cooper Turley, an investor who has aided in the establishment of several well-known DAOs, compares the decentralized structure to a “internet community with a shared bank account.”

Related Article | NFL Star Dez Bryant Pairs With Chainlink For Dynamic NFTs

Featured image from iGaming.org, chart from TradingView.com

Advertisement Banner
Previous Post

New Decentralised Video Platform ‘Shibuya’ Set To Launch On Ethereum Next Month

Next Post

Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions – Bitcoin News

CB4U

CB4U

Next Post
Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions – Bitcoin News

Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions – Bitcoin News

Discussion about this post

RECOMMENDED

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Coinotizia

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Coinotizia

6 months ago
Crypto News: LUNA, DOGE, ETH, BNB, NFTs & More!! 📰

Crypto News: LUNA, DOGE, ETH, BNB, NFTs & More!! 📰

1 year ago

DON'T MISS

Atomic Wallet Calls Caution as it Investigates Ongoing Compromise

Atomic Wallet Calls Caution as it Investigates Ongoing Compromise

June 4, 2023
GET YOUR CRYPTO OFF THIS EXCHANGE!

GET YOUR CRYPTO OFF THIS EXCHANGE!

June 4, 2023
Watch THIS level for Cardano

Massive 3.13 Billion ADA Moved Amid Stellar Performance…ADA Price up?

June 4, 2023
Bitcoin network hash rate hit a record high in May

Bitcoin network hash rate hit a record high in May

June 4, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Atomic Wallet Calls Caution as it Investigates Ongoing Compromise

Atomic Wallet Calls Caution as it Investigates Ongoing Compromise

June 4, 2023
GET YOUR CRYPTO OFF THIS EXCHANGE!

GET YOUR CRYPTO OFF THIS EXCHANGE!

June 4, 2023
Watch THIS level for Cardano

Massive 3.13 Billion ADA Moved Amid Stellar Performance…ADA Price up?

June 4, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H