Most liked posts in thread: NFTs & WAGMI

Good post Jon.

I've been taking an interest in digital art for about a year now. I can understand some people think it's weird but then others thought it was weird when Sky went to the West Indies to live broadcast cricket. Some said espn cricinfo was bonkers writing a blog of ball by ball cricket coverage! They were wrong on both counts.

I wish people would said "I don't understand something" and have an open mind in trying to understand it rather than coming out with nonsense and actually lies that you did so well to de-bunk there!

 

You forgot the bit about the WAGMI founders teaming up with Adidas (2 days after Rupp rejected their advances) to launch their first NFT collection, it made them $23 Million in about 2 minutes. That's 23 Million REAL dollars for all the folk that call it "magic money". If only the T&A, WOAP and the loyalists who struggle to use their smartphones, could've warned Adidas before they agreed a deal with these conmen! They even duped Shaq

Trustworthy enough for the 2nd biggest sports brand in the world but not for Bradford City...says it all

Imagine the horror if they did buy us though! Within a couple of reasons we'd be relegated to the division below, then stuck there after they declare the club is now becoming 'self-sustainable' (aka "I'm not putting money in"). They'd certainly be splashing the cash on fancy racecars while we're reduced to a transfer window full of loans. We'd be floundering for any sense of direction whilst they speak to us once a year from their mansions in Germany America.

You do have to ask, would those so complacent to 'just have a club' and teeter on in League Two, making excuses for an owner who's overseen the worst decline in the EFL (besides Scunthorpe) - would they have the same attitude if WAGMI replicated Rupp's success here? Or would it be different because they're American and their product requires a little more understanding than "it's something you sit on"?

 

If any of these allegations are true, he could find himself as the next editor of the Daily Mail.

 

But we need a 'Proud Custodian'.......

 

You win the award for the most baloney post ever.

Wagmi used NFTs as a basic example for people like you, who blatently know nothing about web 3.0, to understand. Seems that went way over your head. Do you really think a consortium of guys who made hundreds of millions of pounds on crypto would have a plan of selling digital pictures of Oscar Threlkeld as their main strategy? Really? The bradford city fanbase is so lucrative that they would spend their working week trying to get 15,000 bradford fans to buy some art? They would make more in 6 months trading than they would in ten years trying to bleed bradford fans dry. Its ridiculous and shows you havent thought much about it.

NFTs would not be their sole income stream and even if it was its much more complex than your basic description. For example I sell NFT art on one of my websites. Its the most basic artwork and it goes for a tenner. The artwork is not the key thing here its what they get for the artwork. When a user buys an NFT they get access to member benefits, best deals, first to find out about new stock, limited edition stock just for them. Its much more in depth than what i am mentioning here but lets look at bradford city instead. You buy an NFT for £300 it provides you with a unique photo of your fave player, maybe an autograph something simple, you then get access to the ground on matchdays (season ticket), you get priority away tickets, you get to meet the team after a game etc. the NFT itself is just a receipt and a ledger.

Lets look at DAOs which Salford FC are just setting up. The DAO allows fans or anyone to invest through buying tokens. Bradford city could pick a niche, use the investment to build a new academy and sell on players to bigger clubs with a portion of the sales put aside for investors. Or the DAO is setup by the club but has no bearing on the pitch such as investing in new goal line tech, VAR tech, even cheap bloody handrier tech. All would bring up the value of the coin/token and then allow the club to grow. i.e. just like SALFORD ARE DOING - just google DAO CO92

Sorry to pick on you but the bullshit level of your post needed knocking down a peg or two. Especially given the fact that a very legitimate criticism you could have had was what has been mentioned before about them having no knowledge of football and bradford city culture. That itself was a big issue WAGMI had. Their ability to make money certainly not.

 

I kinda understand it whens it explained like a teacher would explain maths to a primary school kid. Any more technical than that and I'm lost.

 

Why do I keep thinking Wagmi are a fast food enterprise?

 

NFT's may pump and dump. For me, the jury is still out - There are lots of whales manipulating wallets extracting cash from greater fools.

https://futurism.com/the-byte/evidence-nft-sales-fake?utm_campaign=trueAnthem_manual&utm_medium=trueAnthem&utm_source=facebook

But everyone said that the internet was a fad and crypto too. So I'm not going to dismiss it and I'll happily watch and wait.

I can see merits in NFT's - not with penguins and duck Memes. Sony is paying hundreds of millions to buy up artists music back catalogues which in essence is just the digital Copyright. They'll make money off the royalties.

There's no doubt that WAGMI could raise the cash. But it was easy come easy go money, with no real plan and skin in the game which was the route of the fear. The people behind it didn't get Bradford City, the essence of football and the community responsibility. It wasn't principally fear about the funny money.

A DAO token raise to create an initial £20M treasury with a plan and people who know the club and how to run businesses would work. It ain't that difficult to do, or explain.

It's a SPAC that is using tokens to raise money, instead of a stock market and shares. The DAO simply cuts out costly middlemen, stockbrokers and AIM fees. You use the cash to buy the club, put in a Director of football and invest cash in talent to develop/sell/reinvest. Brentford/Peterborough put prime pumped for take-off and accelerated growth.

If anyone knows a whizz in DAO token launches and Discord groups, DM me for a chat

 

very similar to wagamama

 

It’ll certainly be interesting to watch how the Crawley experiment goes, regardless it doesn’t solve our problems however. I judge success on league positions and 5th in league 1 to 14th in league 2 is a terrible look for Rupp. So far other than shit American humour they haven’t actually done anything wrong. I imagine with a takeover so late in the season(really the season tickets should have been put up while the previous owner was still in charge, as with ours at the end of 15/16) and the shocking allegations against their former manager has effected the timings of everything. To me it looks like the shit show is what they’ve inherited rather than created, but their tweets look like they’re aimed more at 15 year old Americans rather than British football fans, they’ll have to learn their audience.

We’ll see how both clubs do, but I doubt Crawley have been as lucky as to have a Mark Hughes drop into their spam folder. Sometimes though I suppose it’s better to be lucky than good as my grandad said.

 

I'm not going to pretend I understand NFTs because I don't, but it really does seem that people will by owt these days.
Apart from a league 2 football club that doesn't own it's own ground and trains at a school ffs.

 

Imagine if we were like that, thankfully we’re not and but for a handful of keyboard warriors who are hysterical(Can’t think why) everyone knows things are great but for 10 evil managers on the trot who have tried to ruin things for our great owner.

A club ran like that would be in a bad state, imagine their fans wouldn’t be happy about it…

 

Sit down, son.

 

Should this be in general?

 

NFTs, HMRC saying they must be declared if any income from them, Already investigating some