The Fan-Owned SailGP Vision
Fans will become a part of sporting history; trailblazers, getting closer to the sport than ever before as owners and community members of a new SAILGP Racing Team.
It is our goal to build a successful SailGP team with a large passionate fan/owner base (and have fun!)
The Fan-Owned SAILGP Team mission is to create a decentralized community giving governance to DAO members with a class of limited (1,950) equity token holders as team owners and an “unlimited” number of FanPass NFT holders who get access to experiences and governance rights but not ownership or any right to the profits from the business.
The team's territory combines the Caribbean and Bermuda, an internationally recognized sailing and business destination, providing the team with a diverse, culturally vibrant, and historic sailing region to mount a competitive SAILGP team.
Our plan is to:
Raise money to fund activation fee for team and 2 years of operations
Give true collective ownership to the community by successfully implementing the structure required to launch a top tier sports team that’s owned by its fans
Provide an inclusive opportunity to a wide set of fans with varying levels of interest and material means
Encourage meaningful community input while providing the team with enough autonomy to win
Build a hybrid bridge to blockchain investing for the more traditional investor but compelling to crypto natives
About Bernoulli | Locke (the founders)
Bernoulli | Locke is focused on creating and investing in member-based businesses organized around passions and experiences. The company invites individuals to explore their interests in new ways by utilizing the tools of Web3 to create unique and innovative community engagement and to invest in and own businesses leveraging the benefits of a DAO to better serve their passions.
About the Caribbean & Bermuda Territory
Rather than a single country for the team we wanted to pay tribute to one of the greatest sailing grounds in the world – the Caribbean & Bermuda. This includes all countries that the Caribbean Sea touches across the island chain up into the Atlantic to Bermuda including Central American countries touching the Caribbean Sea. The region is home to remarkable islands, legendary sailing, rich history, diverse culture and is a perfect home for this team.
The territory of the team is Bermuda, Antigua and Barbuda, Bahamas, Barbados, Cuba, Dominica, Dominican Republic, Grenada, Haiti, Saint Kitts, Nevis, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, Trinidad, Tobago. St. Martin/Marten Turks and Caicos, Puerto Rico, US Virgin Islands, British Virgin Islands, St. Barts, Anguilla, Aruba, Cayman Islands, Curacao, Guadeloupe, Martinique, Montserrat, St. Eustatius, Honduras, Nicaragua, Costa Rica, Panama, Belize, & Guatemala.
This broad region gives the team the opportunity to maximize athlete potential and growth, enhances possible commercial potential, counts on the appeal of the region, its colors, culture, and beauty to help drive the fan base, and factors in other opportunities.
