What if a DAO bought an NBA team? 🏀
In 2021, Krause House was born — a DAO named after the legendary Chicago Bulls GM 🐃
The idea was simple: fans shouldn’t just watch the games. They should be able to influence the future of the team
The goal was clear from the start: buy a stake in a real NBA team and let the DAO make key decisions — from roster moves to jerseys and stadium choices 🏟
They raised over 1000 ETH ($4M+) in just a few days and started talking to teams and investors 🤑
Turns out, buying into the NBA isn’t that easy. Strict regulations, a closed structure, legal barriers. But that didn’t kill the idea
Instead, they pivoted and bought a stake in Ball Hogs — a team in the BIG3 league, where former NBA stars play. Now the DAO is actually involved in running the club — from roster decisions to fan engagement
Here’s what they’ve done so far:
✅ They became the first DAO in the world to own a pro basketball team
✅ The BIG3 league was founded by Ice Cube (yep, that one)
✅ They’re now going IRL — hosting streetball tournaments, building the first-ever NFT basketball court, and pushing for DAOs to become a real tool in sports
✅ They have their own token, $KRAUSE, used for governance and proposals
✅ Their NBA strategy is simple: show that a DAO can manage assets and become a trusted partner for the league
✅ Their mission? “Difficult by one, achievable by many”
This isn’t just a fan club. It’s a sports organization without a single owner — where the community makes the calls. And while they haven’t made it into the NBA (yet), they’ve already done something bigger: proved that a DAO can work — for real, in the real world, and in real sports 🧠
