Group Sport has reached an agreement to acquire Getafe Club de Futbol S.A.D. (Getafe CF).
Madrid’s La Liga team is a mainstay in Spain’s top-tier league. Group Sport hopes to make Getafe a leading force in professional sports in the future.
Group Sports acquires sports teams and creates individual metaverses and representative Decentralized Autonomous Organizations (DAOs) for them.
They provide fans/members of the DAO with the following:
• private events
• decision making
• exclusive elite access
• more profound experiences
• unique DAO member-only rewards
Other companies with similar solutions/plans:
• Krause House is attempting to buy an NBA team and has already bought a BIG3 organization
• LinksDAO has plans to buy a golf course and has major partnerships with Topgolf Callaway Brands, DraftKings Inc., and more.
• PickleDAO is purchasing a pickleball team and has an array of other exciting ideas around the community aspect.
• SailGP is the only league making team ownership available to anyone through their DAO model.
The shift we’re starting to see…
Fans want to be OWNERS and DECISION-MAKERS — this is the new evolution in fan engagement.
Group Sport has hired Cosmic Wire, a Web3 solution to help bring its vision to fruition. Cosmic Wire will create the best and most engaging football fan experience for all international football fans.
“We are thrilled to empower Group Sport L.T.D. to execute their vision of the Ultimate Sports experience. This is the power of Web3, and community realized and will be the place for the most passionate fans of Getafe FC,” said Cosmic Wire C.E.O. Jerad Finck.
