11 - Proposal to Buy a Big3 Team as a DAO! WAGBAT.
Basketball. Culture. Crypto. Krause House DAO.
11 Jerry’s Digest Newsletter
Krause House DAO is a community on a mission to own & operate a NBA team. We're currently in the 2nd phase of our roadmap, building credibility for our vision — think minority positions in major leagues & majority positions in international leagues. The business of KH includes a sports x crypto accelerator, a venture arm, sports media, & decentralized sports operations. KH's opportunity sits at the intersection of sports x web3 broadly.
Our first team purchase is here… We’re buying a BIG3 team! WAGBAT. Read on 👉
Proposal Updates
The following are proposals that passed on Snapshot based on votes by the community.
🗳️ Purchase a Big3 team for $500k USDC
🗳️ NFT NYC Budget + KH NFT Ticket Sale
🗳️ Contributor Compensation Budget Team
Vote with your KRAUSE & share your thoughts on the proposal in #discuss-proposals. Proposal notifications occur in #announcements in the KH Discord.
How to vote? Check out Krause House University for an explainer
DAO Updates
KRAUSE HOUSE IS BUYING A BIG3 TEAM 🧊🧊🧊
Krause House is in position to buy a BIG3 team with a proposal put out to the community to acquire a team. What’s the BIG3? Big3 is a 3-on-3 professional basketball league founded by Ice Cube and Jeff Kwatinetz. The league consists of 12 teams whose rosters include former Hall of Fame coaches, NBA players and international players. Which team will we get?! 👀
Summary: It would be $500k USDC upfront in order to purchase all 25 Fire team ownership NFTs to be sold for a single team. Fire NFT owners get extra perks, such as intellectual property and licensing rights to create merchandise.
In addition to this, there will be 975 Gold NFTs for our team, 500 of which Krause House DAO will control the whitelist for.
What are the perks for KH?
Fire NFTs each come with perks (like tickets to events and other access type perks). We’d also get royalty share (80%) on merchandise of the team. Here’s a breakdown of some notable perks:
✍️ Exclusive intellectual property and licensing rights: We’d get the rights to team names, logos, and merchandise as well as additional game day activations.
🤝 DAO Partner: The Big3 leadership team is committed to partnering with Krause House long term to scale their community building. KH would like to be involved as a DAO partner to assist with more DAO-oriented operations such as community, governance, & contributors.
🧰 Decentralized Sports Operations (DSO): At a high level, this team will give us an experimental space to test components of our decentralized sports operations (more specifically merchandising & access).
🎟️ Community Driven Benefits for KH NFT Holders: We will create proposals for further distribution of access / perks to Krause House NFT Ticket Holders. Examples of this would be ways to engage our community & distribute free tickets to the games + other perks associated with the NFTs.
📊 Basketball Analytics: As a community, we will develop ways for us to bring helpful analytics and/or strategy to our team’s coach.
Why would we buy this team?
Krause House DAO is currently in its’ “credibility” phase, which is to prove credibility in decentralized sports ownership. This process has predominately been to acquire minority positions in major leagues & majority positions in international or alternative professional basketball leagues.
The Big3 falls into the latter category and offers us an opportunity to provide legal, operational, & financial mechanisms to build out credibility of our approach.
Additionally, the Big3 leadership is committed to working closely with us as a DAO partner.
More details about the proposal can be found here 🧊🧊🧊 🏀🏀🏀
Learn more about the BIG3 👉 VIA DECRYPT: ICE CUBE’S BIG3 BASKETBALL LEAGUE TO OFFER TEAM OWNERSHIP STAKES AS NFTS
Baron Davis was on Twitter Spaces with Krause House
Check out the Twitter Spaces Commodore & Flex had with Seed Club with surprise guest, Baron Davis! B Diddy took the Twitter Spaces from Disneyland, what a 🐐. Appreciate you making time for this Baron! Click here for the recording 🏀🌱 👉
KH NFT Ticket Migration to V2
Calling all KH NFT Ticket Holders! 🎟️
You can begin migrating your current Mirror ticket NFTs to a V2 contract built by Krause House.
Why? The migration to our own ticket contract is inevitable to enable greater control over tickets’ use cases and increased interoperability with other in-house protocols.
How to migrate legacy tickets to the V2 ticket contract
NFT NYC - KRAUSE HOUSE
The NFT NYC proposal has passed and the team is off to the races to bring this vision to life! Let’s make this an absolute banger and drive engagement to our NFT court. We are counting on you and the whole KH community to spread the word and bring all missing pieces together. Take a look at the links below to get an idea of the vision, what we still need and how to get involved!
KH NFT NYC DECK: https://drive.google.com/file/d/1w0xYIoh0USsLkh4-zm1c9tJmiTsH8MoI/view?usp=sharing
Sign-up to be a part of the event: https://form.typeform.com/to/z9uFZ1gd
Early Event Sign-Up: https://form.typeform.com/to/ZafPu4Tl
Most Important! We’re arranging a group discount deal at the Motto by Hilton close to Times Square. Please sign-up to the early registration if you’re interested in discounted rooms.
How to help? Feel free to join @dbag and @Jonezin every Monday @11am PST as we sync on progress and updates. Invites on the KH calendar. If Monday’s are no good, feel free to DM @dbag or @Jonezin on Discord. They’re also happy to chat anytime, here’s their calendly link.
Merchandise
🔥🔥🔥🔥NEW MERCH! NEW MERCH! NEW MERCH!🔥🔥🔥🔥
The wait is over Jerry's! The jersey you voted for is now available to order from Metafactory and is available in all sizes. Looking forward to seeing them at NFT NYC!
Summer's coming 🏝️
https://shop.metafactory.ai/products/the-kh-genesis-jersey
Esports
🎮 NBA 2K DAO League, who should Krause House play against? Who wants the NBA 2K smoke?? 🔥
Let's form a rivalry with another DAO! Voice your opinion here: https://community.krausehouse.club/t/nba-2k-dao-league-which-dao-would-you-like-to-play-against/43
Decentralized Investment Operations group (DIO)
CALLING ALL FOUNDERS, FUNDERS AND CONTRIBUTORS
KH is launching a Decentralized Investment Operations group (DIO), leveraging our vast sports network to identify and partner with Early Stage Ventures and projects in Sports and Decentralized Operations. 🏀 ⚒️ 🤑
- Are you part of an Early Stage Sports or Decentralized Operations Venture?
- Do you want to gain valuable VC experience?
- Looking for access to new opportunities?
Join our team and participate in one of the leading edge projects coming out of Krause House, as we re-imagine and unlock value in the Future of Sport!
✍️ Interested Contributors Sign Up Here: https://airtable.com/shrBQh6bvJoO2Kn7s
📬 Have an Early Stage Investment Opportunity?: https://airtable.com/shrjMWPOMXkIioUfb
Vibes and Values - Iggy Project
Vibes and Values team is proud to unveil a brand new initiative: The Iggy Award!🥇🏆
The Iggy will be a periodic award issued to Jerry’s whose actions or behaviour exemplify Jerry values. This will be a weekly award that includes $KRAUSE, shoutouts, and bragging rights 😉 Make a nomination here.
Onboarding
Our Agents team is looking to set up more Draft Class times to accommodate more time zones and help onboard more Jerry’s interested in Krause House! Let us know what times work best with you here.
Weekly Pulse Survey
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
Twitter Communities
Through the new Twitter features recently, we’ve spun up a Twitter Community! Join here to stay up to date with Krause House on your Twitter feed.
⛹️♂️ Jerry Vibes
Song of the Week - Pusha T - Let The Smokers Shine The Coupes. The production on this song by Pharrell is immaculate. Makes you want to dunk on someone 😤
Meme of the Week - The Nets season didn’t turn out as planned… Congrats to the C’s! 🍀
🏀 Krause House DAO Media:
#26 KH Inaugural Media Day: KH Accelerator's inaugural Media Day! Listen to our recorded Twitter Space & learn more about each of the incredible projects
#27 Krause House Europe?: This episode covers the International Committee’s Journey and what’s coming next internationally for KH.
🎙️ NBA Analytics Guest: On April 18th, we had a guest talk from a KH Jerry @White_Chocolate who is an ex- Philadelphia 76ers & Miami Heat data analyst. He worked for the 76ers early in the 'Trust the Process' era and was also with the Heat during LeBron's Big 3 epic run. White Chocolate shared insights on the NBA's basketball analytics practices or what it was really like to work in the NBA front office! We will have audio clips from that conversation coming in the following weeks!
🌎📈 Krause House Analytics: Be sure to check out the articles if you’re not totally up to date!
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 - catch the Stewards weekly proposal reviews at 9:30pm EST on Discord Voice Channels. Weekly Town Halls start at 10:00pm EST. Calls are recorded and shared in #recordings.
🚧 Stay up to date with Krause House Contributor Dashboard - 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!
Website: krausehouse.club
Discord: https://discord.gg/M7gaZazH3u
Twitter: https://twitter.com/KrauseHouseDAO
Krause House DAO Podcast: Listen on Spotify or Spreaker
Jerry’s Digest Podcast: Listen on Spotify or Spreaker
Around the Association Podcast: Listen on Spotify or Spreaker
Official Links: https://linktr.ee/KrauseHouse
Jerry’s Digest Instagram
Jerry’s Digest TikTok
https://www.instagram.com/tv/Cc8ub6agZ3f/?utm_source=ig_web_copy_link
#TYMED =TEACHING YOUNG MINDS EVERY DAY