LassoCoin

LassoCoin is going to buy a near bankrupt English Football team and make it 100% crypto-holder controlled. LassoCoin will save a 100+ year old club on the brink of bankruptcy due to COVID, providing the club with capital to develop into a serious contender and earn a promotion to the Premier League. LassoCoin holders will control every major club decision. LassoCoin is about disrupting the outdated model where billionaires own sports teams but are focused on profits and not the fans. More than 50% of all English Football Teams are currently for sale, as the pandemic has significantly impacted revenue. Currently, teams rely primarily on ticket revenue and valuations are down sharply from 2019. LassoCoin will be able to purchase a team that was selling for over $30 million just a few years ago for around $10 million. LassoCoin’s focus will be on developing alternative revenue streams to support the club’s growth. In the near-term, LassoCoin will target streaming, jersey crypto sponsors, merchandise, NFTs, and stadium rights to grow the club’s balance sheet. Long-term, promotion to the Premier League will make our growth parabolic – worth at least $200 million in annual revenue alone – and all profits will be passed back to $LASSO holders. After the English Football League, LassoCoin is coming for every major sports league: NBA, MLB, NHL, etc.

Contract: 0x71441372df45090bb1a34e3320eeaca93fb5ce4a