Crypto's Journey to The Premier League | WAGMI United | Summary and Q&A

TL;DR

Evan Preston and Gary Vaynerchuk discuss their collaboration in creating a digitally native community-owned sports team, leveraging web3 and NFTs.

Key Insights

• 🙃 The collaboration aims to create a digitally native community-owned sports team by leveraging web3 and NFTs.
• 🚙 The project seeks to combine the excitement and storytelling potential of digital native communities with the structure of a traditional sports franchise.
• 🌍 By focusing on a globally appealing sports niche and offering unique growth opportunities, they aim to attract fans from all over the world.
• 🚙 The project highlights the potential of web3 technology and NFTs in revolutionizing the sports industry.
• 🇺🇸 The concept of promotion and relegation, common in sports outside of the United States, adds excitement and a capitalist structure to the project.
• 😤 Evan Preston and Gary Vaynerchuk aim to bring a sense of adventure and outsized audience to their sports team.
• 🚙 The project can potentially disrupt the traditional sports industry by introducing a more decentralized and community-driven model.

Transcript

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Questions & Answers

Q: How are Evan Preston and Gary Vaynerchuk planning to create a digitally native community-owned sports team?

They are leveraging web3 and NFTs to build a sports team with a strong community and global reach. They aim to combine the excitement of digital native communities with the traditional structure of a sports franchise.

Q: What sets this project apart from other digitally native communities?

The project focuses on tapping into the passion and loyalty of sports fans, creating a community-owned sports team that offers new opportunities and outcomes. It aims to provide a spine of storytelling and engagement that is often missing in other digitally native communities.

Q: How do Evan Preston and Gary Vaynerchuk plan to attract fans from all over the world?

Through new branding and a digitally native approach, they aim to tap into an interest graph that can reach fans globally. By offering a unique value proposition and outsized growth opportunities, they hope to attract fans beyond their local region.

Q: How does the sports franchise model differ in the context of this project?

Unlike traditional sports franchises that are bound by their region and face limited growth opportunities, this project aims to break free from those limitations. With a digitally native approach, they can potentially expand their fan base worldwide and create larger growth opportunities.

Summary & Key Takeaways

• Evan Preston and Gary Vaynerchuk are collaborating to build a digitally native sports team that has a story, community, and potential for growth.

• They aim to bring together the excitement of digital native communities with the traditional structure of a sports franchise.

• By tapping into new technologies and global branding, they hope to attract fans from all over the world and create outsized outcomes.