As NBA fans, it's a surreal experience for Wojbombs to materially impact your life. Our phones were abuzz with Woj's latest announcing the Phoenix Suns were officially up for sale. Friends, business associates, and Jerrys (the beloved nickname of our community members) were buzzing with excitement. The messages were consistent: "Did you see this?", "Are you going to make a bid?", "How dope would owning the Suns be!?".

It’s been over a year since our NFT sale. Countless hours have been dedicated to researching, developing, and executing on a strategy that will ultimately lead us to our goal of owning an NBA team. All of our efforts have resulted in hours of meetings with majority, minority, and prospective owners. We are just getting warmed up.

Generative image AI models like Midjourney & DALLE2 are game changing tools for individual creators, but at Krause House we see something different. These generative image AI models are single player, but the future is multiplayer.

Purchasing a minority share of a NBA team remains our ultimate short-term goal, we believe if we can accomplish this our ability to grow our treasury materially improves. This process takes time, introductions, networking, pitching, & more to get a deal done. We’ve made significant progress on this front, but until we can announce we’ve secured a position — we won’t be giving out any high fives or pats on the back for our efforts.

One year ago, a small group of avid NBA fans came together and asked a simple question: “What would it be like to collectively own and operate an NBA franchise?” 

Krausehouse.club September 3, 2021

It’s June 12, 1991. A who’s who of Hollywood stars, musicians, and movie executives watch live as the man they call “Magic” is knocked off the proverbial pedestal. Millions more stare at their TVs in awe.