Definite Poe's Law vibes with that, and clicking through to the shop link on their twitter profile confirms it. Loving the sponsor on the Dynamo Catford shirt.
(@seth plum I'm not ignoring your questions from the other day, it's just the Christmas prep has turned my brain to mush, so detailed coherent thought on technical stuff is a bit beyond me at the moment).
This will eventually become the norm - i own some equity tokens in a company. Equity tokens are going to be the "next big thing" in crypto. The tokens will be redeemable for locking in your money as equity and you'll recieve dividends as a result (if the company turns a profit). I don't think anyone should expect to be able to get dividends from owning a football club, however.
This will eventually become the norm - i own some equity tokens in a company. Equity tokens are going to be the "next big thing" in crypto. The tokens will be redeemable for locking in your money as equity and you'll recieve dividends as a result (if the company turns a profit). I don't think anyone should expect to be able to get dividends from owning a football club, however.
This is the issue isn't it. It's not crypto good v crypto bad. It seems that Burnley, Bedford and potential Bradford have been bought by some very shaddy characters.
This will eventually become the norm - i own some equity tokens in a company. Equity tokens are going to be the "next big thing" in crypto. The tokens will be redeemable for locking in your money as equity and you'll recieve dividends as a result (if the company turns a profit). I don't think anyone should expect to be able to get dividends from owning a football club, however.
So their issuing equity and the registry will be blockchain, but they hope that by calling it a token and using the word crypto people won’t realize they’ve just lost their investment.
Comments
Open a new thread !
Associated?
Sprouts and daffodils?
Burnley's very highly leveraged buy out....
The crypto element is almost irrelevant
Goodbye fair world
Crawley Town: US cryptocurrency investors WAGMI United complete takeover of club
WAGMI United LLC last year failed in a takeover bid of Bradford City, where they had aimed to rely on non-fungible tokens [NFTs] as an ownership model.
The group said it wants to "empower fans to take a personal stake in telling their team's story and shaping its future" at Crawley.
https://www.bbc.co.uk/sport/football/61026362
NFTs are a scam, always have been and always will be.
Get rich quick scheme using the Crawley fans and then they'll be gone once it doesn't materialise.