FIRST FAN-OWNED TEAM LAUNCHES FOR SAILGP
Retrieved on:
Thursday, November 10, 2022
Russell Coutts, Communication, Protocol, Marketing, VCS, Nature, Pantera Capital, Partnership, NEAR, Environment, Sale, Iain Overton, Blockchain.com, F50, Goal, Water, Creativity, DAO, Sport, Decentralized autonomous organization, Athlete, CEO, NFT, Navy Pier, Bernoulli, PR, Security (finance), Financial adviser, SailGP
HAMILTON, Bermuda, Nov. 10, 2022 /PRNewswire/ -- Bernoulli | Locke, a member-based community creating new immersive partnerships and experiences using innovative Web3 structures, today announced they are launching a SailGP fan-owned racing team across Bermuda and the Caribbean. Using a DAO structure and built on the NEAR Protocol, this team is expected to open new opportunities in sports ownership and fan engagement.
Key Points:
- The team's territory combines the Caribbean and Bermuda, an internationally recognized sailing and business destination, providing the team with a diverse, culturally vibrant and historic sailing region with sufficient sailing talent and resources to mount a competitive SailGP team.
- This new team hopes to be the tenth team in the league and participate in Season 4.
- SailGP CEO Russell Coutts said: "Last month we shared that we had updated our SailGP Participation Agreement to allow a DAO owned team to join the league, and now we are very excited to see David Palmer and his team of founders at Bernoulli | Locke forming a team under these amended rules.
- We look at the fan-owned team as the ultimate implementation of a loyalty program, and this new Caribbean & Bermuda team will redefine the fan experience and team ownership model.