nopara73 / LongevityWorldCup

https://www.longevityworldcup.com/
MIT License
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Sponsorships [Revenue Model] [Feature] #74

Open nopara73 opened 1 month ago

nopara73 commented 1 month ago

The Sponsorship column is advertisement space. There's a chance for the organization to inject itself into sponsorship deals in a way that it brings added value to every participant involved: the athletes and the sponsors themselves.

Take for example satoshi's place. It sells advertising space on a website. The whiteboard in our case is equivalent to the Sponsors column.

This is great, because this way advertisers would have an bureaucracy free way of advertising and the athletes wouldn't have to go and try finding the sponsors themselves.

Sponsorship deals would go 90% for athletes and 10% for the organization, of which the organization pays out the athletes every year, just like the prize money.

I might even be able to convince Bitcoin companies to sponsor their preferred athletes.

In the following I discuss some problem with adopting Satoshi's place model at its face value.

1. The Penis Problem

It is easy to see how there'd be a lot of penises sponsoring the athletes. It's easy to fix this. The athlete itself would need the ability to accept or refuse the sponsor.

2. The Overwrite Risk Problem

A potential sponsor might decide to not sponsor, because one hour later someone with a larger purse overwrites their sponsorship, thus throwing the money out of the window. There are many ways to fix this. Maybe a mutually agreed period of overwrite protection could work.

nopara73 commented 8 hours ago