Episode 21: Tokenizing Sports Franchises and Fan Engagement
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Episode 21: Tokenizing Sports Franchises and Fan Engagement
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Fan Ownership in Sports and Entertainment: The Future of Digital Securities
In this episode of 'Old Men New Money,' Phil Larmon dives into how digital securities can revolutionize the sports and entertainment industries. By applying the concepts of digital assets, compliance, and tokenization, fans, athletes, and creators can all benefit in unprecedented ways. Larmon illustrates how stadium districts can be tokenized, offering fans real, fractional ownership and creating new economic alignments between stakeholders. He also discusses the potential for regulated digital securities to transform fan participation, support athletes' financial health, and reshape the entertainment industry. The future of fan ownership is explored through practical examples and the promise of a more inclusive, economically aligned model.
00:00 Introduction to the Series
00:55 The Emotional Power of Sports and Entertainment
01:47 The Problem with the Old Model
02:17 The Promise of Digital Securities
03:55 Stadium Districts: The Future of Sports Real Estate
06:12 Fan Tokens vs. Real Ownership
11:35 The Role of Digital Securities in Entertainment
12:34 The Future of Fan Ownership
14:28 Conclusion and Next Steps
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