06 - S2 Town Hall
Your source for Crypto, Sports and all things Krause House DAO
06 Jerry’s Digest Podcast
Link to Town Hall presentation
06 Jerry’s Digest Newsletter
In this week’s Jerry’s Digest, we cover the Season 2 Town Hall that we hosted in our Gather.Town Space! Check out our Gather space if you haven’t already. Gather is a digital space that allows our community members to congregate, co-work, host events/meetings and enjoy community-building activities together.
Before we dive deeper, in an effort to get a pulse of community sentiment, identify improvements, and understand what we can do better as a DAO we have a weekly pulse survey. Fill out this form 👉 https://airtable.com/shrmwW3HquCAr2LZO
⛹️♂️ Jerry Vibes
Season 2 Jerry Awards
MVP: Greg - Dev work + bball analytics content platform + nba pick ‘em Discord bot
ROTY: Sundin - Legal guidance
Rising Star: Brandan - Onboarding Agent, DSO, G-League
Rising Star: Bayesian Baller - Around the Association podcast + bball analytics
Best Pet: Dogostoevsky - Onboarding Agent + Project Management leadership
Team Award: Agents Team
Song of the Week - Pusha T - Diet Coke “Yesterday’s price is NOT today’s price”
Meme of the Week - We had a great live show in our Discord with Coach Nick of BBALLBREAKDOWN on Feb 16th. Coach Nick shared some breakdowns of NBA games using freeze frames, slow motion, and fielded some questions from fellow Jerry’s. He also unveiled a “secret” defensive set that he’s testing out. Let the community know if you want to increase your basketball intelligence and see more of Coach Nick on Discord in the #bballbreakdown channel
🏀 Krause House DAO Season 2 Recap:
🚗 KH Accelerator allows us to share our knowledge and dip into multiple sports projects. This also serves as treasury diversification as each project part of the accelerator will be pledging 3% of their token supply to Krause House. If any of the below projects interest you and you’d like to help out, please reach out to Commodore on Twitter or Discord.
Football.xyz - buying a football team (aka soccer for our North American Jerry’s)
F1 DAO - buying an F1 racing team
Diamond Gloves Championship - decentralized MMA
Caray Collective - buying a MLB team and also exploring minor leagues
Signing Day - NIL in the NCAA spaces. Exploring how to bring sponsorships to college athletes and do that in web3.
The Players Company / Bank DAO - Current and ex-NFL players, Amir Carlisle, Sheldon Day and Richard Sherman are creating a players company and their first project is Bank DAO, to own and operate a Bank as a DAO.
Princeton 3x3 - A top 10 FIBA 3x3 team looking to run a team and a 3v3 league as a DAO
👀 Progress in introductions to NBA ownership groups. We’re starting to get strong leads and engaging with teams around the world and with the NBA front office. We’ve also been talking with people who have strong one-degree connections to NBA teams. If you have any connections or would like to make an introduction, please reach out to Flex Chapman on Twitter or Discord. “DAOs are really networks and networks are way more powerful than any companies are.”
👛 V1 Krause House Wallet is coming soon. The wallet will allow you to connect your tokens, your NFT ticket, member profile and view the KH governance forum. The platform will also improve the voter experience where you’ll be able to follow high-context members in KH and track how they vote. You’ll also be able to automate and delegate voting to members with specialized domain knowledge. Contact Eli on Twitter or Discord if you’re interested in learning more.
🔨 Decentralized Sports Operations (DSO) team updates: The DSO team have been researching basketball and business operations and have completed their initial decentralized scouting, economic membership, draft analytics and broadcasting reports.
Most teams generate revenue through tickets, broadcast rights and through sponsorships but there aren’t many ways to benefit fans outside of their local market. If we’re bringing the approach of being the internet’s home team we need to explore ways to leverage NFTs and other web3 products/services.
The DSO team is exploring how we can build an out of market loyalty program for teams that go beyond the Socio’s or Green Bay Packers model of engagement. Given the financial aspect of sports, DSO is exploring ways to strengthen our value prop as the best source of capital for a team. DSO is also looking into how we can frame these products/services around legal compliance.
🌎 International League Exploration team updates: The team is doing due diligence on teams and leagues around the world. Clive and Tyler Murray are leveraging their contacts and the Krause House community to speak with multiple league commissioners and ownership groups. Stay tuned for their reports and reach out to Clive on Discord if you have any connections to introduce or if you want to get involved!
📱 Social Media team highlights:
Grew our Twitter followers from 7,800 to 11,300 (+45%) over two months.
Created Tool Kit for Traditional Media Outreach
Developed strategy, re-branded and organized podcasts currently in the KH family
3x’d downloads per episode for our podcasts
Launched Bounty Board using Dework platform
🧠 Season 2 lessons learned:
Onboarding Routing: our Agent’s team is doing an excellent job onboarding new members through 1 on 1 calls, Draft Classes and the #introduce-yourself Discord channel but we can improve how we route contacts to different workstream leads and projects.
Legal Updates: currently what’s being explored are 1) what should we do with the Krause House social DAO entity and 2) the ownership positions for each hypothetical sub-DAO. Commodore and Sundin are exploring the mix of governance and equity options that can be brought to an ownership group. Please reach out to Commodore on Twitter or Discord if you're interested in helping out.
The variables being worked through include
What is a sustainable model for regulators?
What do Delaware, Federal US law, and International law allow us to create a structure around?
What would an NBA ownership team feel comfortable engaging with?
What will the NBA say yes to?
The price for 1-2% of a team will be in the $20m+ range. We also will need to accommodate the NBA's requirements & will most likely need a KYC process to be a stable group for the league.
Season 3 is here and the community voted on Allen Iverson to be our spirit player. Here are some opportunity areas for the community this season.
✍️ Thought Leadership Opportunities
Fan licenses: Exploring economic memberships
New revenue streams: Player contracts and operational costs are getting more expensive for teams. Using our web3 expertise, we’d like to create revenue streams beyond broadcasting and merchandising deals.
Vertically integrated media: Exploring content for the fans by the fans but officially sanctioned by the team.
💸 Venture Arm - Decentralized Investment Operations (DIO)
As Krause House builds out the future of sport, we're seeing incredible investment opportunities in both sport and decentralized infrastructure and operations.
To make the most of that opportunity we're beginning to coordinate how we share those opportunities and exploring what a decentralized KH venture fund might look like.
📈 Accounting & Financial Planning
Bitkorni & Boogieman are working with Commodore on:
👉 Transparent Accounting Ledger
👉 Transparent Financial Planning
🗽 NFT NYC Event
We’re looking for contributors to support the Krause House x NFT NYC Event coordination. DM us on Twitter if you’re interested in this project.
📚 Book Club
Our first book this season will be Giannis: The Improbable Rise of an NBA MVP by Mirin Fader. The first meeting will be on Thursday March 17 at 3pm EST. Contact Brandan on Twitter or Discord if you’d like to reach out for more info.
👷 Project Management
We’re going to pilot a pod (Mario & Dogstoevsky) to help KH project leads with
KH software tools (utopia, notion, dework)
weekly check ins
knowledge sharing / collective intelligence
🏀 Other Krause House DAO News:
🙌 Shoutout to Astrothunder for creating the new Jerry’s Digest logo! He’s been a design wizard for the community lately.
👀 ⛹️ Jerry’s at ETH Denver: We had some Jerry’s visit the ETH Denver Conference in mid-February. Some of them were crazy enough to make their own merch and wear it to a Denver Nuggets game! Check out this vid of the Jerry’s courtside!
📰 Musings of a Jerry, Edition 0 is out! Krause House Steward, Eli shares some of his latest thinking and inspirations to the community. Contact Eli on Twitter or Discord if you want to jam on any of these ideas.
#23 - Conversation with David Fatoki, GM of the Santa Cruz Warriors. Flex & Commodore sit down with David Fatoki the GM of the Santa Cruz Warriors from the G League. We discuss the challenges of being a GM in the G League & how the Santa Cruz Warriors strategize with the Golden State Warriors. We also ask David how he could envision a DAO owning & operating a NBA team. Enjoy!
#24 - What is the International League Exploration Team at Krause House? Flex & Commodore chat with two members of Krause House's International League Exploration team (@TylerMurray_ & @clivespace). We discuss the experience for players within international leagues & how they interact with ownership. Hear how an international team in our portfolio helps boost our credibility with the NBA to achieve our goal.
#25 - Introducing KH Accelerator. Commodore & Flex reveal KH Accelerator and why Krause House is working on this new initiative. They also explore a new concept they dub IP DAO.
S1, E5 • How to Land a Job in the NBA: Behind the Scenes with an Ex-NBA Data Analyst. On Episode 5, Christian Hanish is joined by Rob (aka White Chocolate) to discuss what it’s really like working in an NBA front office. They chat about his humble beginnings as a basketball operations intern with the Philadelphia 76ers, and his eventual rise to prominence as a data analyst with the Miami Heat’s analytics department. And of course, they dive into a variety of interesting topics along the way - including the early days of Philly’s ‘Trust The Process’ era, what it was like during the Big Three’s quest for a 3-peat in Miami, and is LeBron really pulling all his team’s strings behind the scenes? All this and much more on Episode 5 of Around The Association!
S1, E6 • NBA Coaching Legend Phil Weber: On Episode 6, we’re joined by 20-year NBA veteran Phil Weber. Arguably the NBA’s first player development coach, Phil spent 9 seasons on the sidelines with the Phoenix Suns under Mike D’Antoni. He was an integral part of the Suns’ back-to-back trips to the Western Conference Finals in ‘05 and ‘06, as well as, an offensive guru whose early adoption of analytics led to the Suns’ iconic small ball, run-and-gun style of play that jump started the modern NBA.
In the 1st episode of this two-part series, we dive into Phil’s national championship playing days under Jimmy V, his rise through the college coaching ranks from Florida to Hawaii and everywhere in between, and, of course, his eventual ascent to the NBA under then-HC Danny Ainge. He even shares some personal stories about the legendary Kobe Bryant and his unique friendship with the Wizard of Westwood, John Wooden.
🌎📈 Krause House Analytics: Here’s the latest community breakdowns and analysis:
Head to #🤓・article-release in Discord to stay up to date and discuss the latest articles with the best community of hoop heads!
👟 Lace up those shoes and hit the court! Some reminders:
🗳️ KH Governance Snapshots are up - vote on proposals here!
🚢 Stewards Team announced - catch the Stewards weekly proposal reviews at 9:30pm EST on Discord Voice Channels. Calls are recorded and shared in #recordings
🚧 Stay up to date with Krause House Command Center - where all projects, job boards & project draft proposals live!
👋 Group Draft Class calls 👉 pick a time here to get onboarded!
Attend a Draft Class
Sign up and get onboarded.
Get drafted to a project team.
Meet DAO members.
👋 1 on 1’s with Krause House Agents are here! 👉 pick a time here
Can’t attend a Draft Class? Are you a contributor? Are you TRYING to be a contributor? Don’t know where to start? No problem. 🏃 We have high context Krause House Agents to help onboard you to the community, answer questions, brainstorm ideas and to help pair you with a project.
How to Join?
If you'd like to become a Jerry and join the movement at the Krause House DAO, head on over to our Discord, introduce yourself and get amongst the action!
Even if you don't know anything about DAOs or crypto, you can still join. Basketball has no boundaries!
Official Links: https://linktr.ee/KrauseHouse