The world’s first decentralized soccer team managed by a DAO

Lisboa, Portugal, 19 Oct 2021, ZEXPRWIRE, We are pleased to announce, Kings NFT launched on October 18th, 2021, at 5:00 pm UTC.

What are NFT’s?

You’ve heard the phrase “NFT” thrown around countless times, but what exactly are NFTs? Well, NFT stands for non-fungible token. Non-fungible means that it is a unique item that cannot be replaced by another identical item. In contrast, a bitcoin is fungible, because it’s interchangeable with another bitcoin. Every NFT has a unique digital identifier that certifies authenticity and ownership of a referenced digital item, such as sports memorabilia, art, music, videos, and more.

What should I know about Kings?

Kings is a collection of 10,000 unique ERC-721 tokens living on the Ethereum Blockchain. They are incorporating decentralized decision-making with the wonders of blockchain to offer a truly revolutionary experience to our holders.

Official website: https://kings.limited

What makes Kings different?

They are building the world’s first-ever decentralized soccer team managed by a DAO. As a king holder, you will vote on all the important key decisions regarding the club, including coach identity, tickets prices, scouting decisions, and much more.

In addition, all related club revenues will be kept in a dedicated treasury. The treasury would be used to buy new players, hire new team staff, and also share the revenues with every Kings holder.

Official Discord: https://discord.gg/x7mdG6DxbX

Official Twitter: https://kings.limited

What is DAO in this case?

This means that all decisions are taken after a majority consensus of all the holders. No one person gets to decide on behalf of the rest of the owners. As a Kings holder, you get to choose all the team operation decisions – small or huge. A DAO ensures that everything is about the community and not one person.

Who is leading the sport team?

Their professional soccer team consists of Simone Jackson and Kevin De Arenas.

 Simone is a professional soccer player with a deep understanding of the game accumulated in his more than 15 years of experience. From the National League and Barclays Premier League in the UK to the Bundesliga and SPFL – he has played it all. Furthermore, he also has 45 caps for the Canada National Team.

 Kevin is a soccer coach and sports director with over 8 years of experience in working with high-performance clubs in Europe and the US. He is a former Villarreal player for 7 years. On top of that, he was a Spanish Football Federation coach at level 3 (UEFA PRO) and a coach for CD Castellon in San Pedro, Spain, and in GPS New York. The team will consist of a sport director, professional staff, and team players under contract. At first, the club will be managed by Kevin De Arenas with the help of Simeon Jackson as an advisor.