BearsBond Token (BBT): Revolutionizing Stadium Funding with Blockchain Innovation

Dear McCaskey Family,

As we plan the Chicago Bears’ new state-of-the-art stadium, I propose a groundbreaking funding solution: the BearsBond Token (BBT) sm, a blockchain-based tokenized bond inspired by the transformative principles outlined in Debt Decentralized: Cryptocurrencies and Blockchain’s Impact on National Finance by J. Nixon Joseph, MBA. This initiative leverages decentralized finance to raise capital, engage our loyal fanbase, and position the Bears as leaders in sports innovation. Below, I outline the BBT concept, its benefits, financial models, a fan-centric perk structure, and a plan to validate it through fan feedback, ensuring alignment with our vision for the team and the stadium.

What Are Tokenized Bonds?

Tokenized bonds, as described in Debt Decentralized , are digital representations of debt instruments issued on a blockchain, transforming traditional financing by enhancing accessibility, efficiency, and liquidity. For the Bears’ stadium, BBTs would represent a claim on future stadium revenue (e.g., tickets, concessions, events), distributed as digital tokens to investors. Key features include: (https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

• Digital Ownership: Tokens are issued on a secure blockchain (e.g., Ethereum with Polygon), ensuring transparent, tamper-proof records.

- Liquidity: Tokens can be traded on secondary markets, offering investors flexibility.(https://blog.stobox.io/ebook-debt-tokenization/)

- Smart Contracts: Automated processes handle issuance, interest payments, and revenue sharing, reducing costs.[](https://blog.stobox.io/ebook-debt-tokenization/)

- Global Reach: Tokenization opens investment to a worldwide audience, including fans and crypto investors.[](https://blog.stobox.io/ebook-debt-tokenization/)

Debt Decentralized  highlights how such instruments democratize finance, a principle we can apply to make the Bears’ stadium a fan-driven project.(https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Why Tokenized Bonds for the Bears’ Stadium?

The BBT initiative aligns with the revolutionary insights from Debt Decentralized, offering compelling benefits:

1. Access to New Capital: BBTs attract traditional investors, crypto enthusiasts, and Bears fans, potentially raising $2.7 billion for the stadium.

2. Fan Engagement: Exclusive perks turn fans into stakeholders, fostering a deeper connection to the team.

3. Cost Efficiency: Blockchain reduces intermediaries, cutting issuance costs by up to 15% compared to traditional bonds, as noted in Debt Decentralized.(https://blog.stobox.io/ebook-debt-tokenization/)

4. Transparency and Security: Blockchain ensures immutable records and secure transactions, building investor trust.(https://blog.stobox.io/ebook-debt-tokenization/)

5. Liquidity and Accessibility: Tradable tokens and low entry points ($50) make BBTs accessible to retail investors and fans, unlike conventional bonds.(https://blog.stobox.io/ebook-debt-tokenization/)

By embracing decentralized finance, as championed by J. Nixon Joseph, we can reduce our debt burden and create a model for sports financing that others will follow.

Financial Models for BBT sm

To ensure the BBT initiative is financially sound, we’ve developed preliminary models inspired by Debt Decentralized’s emphasis on leveraging blockchain for efficient capital raising. These models project the funding capacity, revenue sharing, and cost savings for a $2.7 billion stadium project.

Model 1: Base Case (Revenue-Sharing Bond)

- Issuance: 2.7 billion BBTs at $1 each, raising $2.7 billion.

- Interest Rate: 4% annual interest, paid quarterly in ETH ($108 million annually, ~$0.04 per token).

- Revenue Sharing: 15% of net stadium revenue (estimated at $200 million/year based on comparable NFL stadiums) distributed annually, or ~$0.011 per token.

- Cost Savings: Blockchain reduces issuance and management costs by 15% ($10 million vs. traditional bonds).(https://blog.stobox.io/ebook-debt-tokenization/)

- Investor Return: ~5.1% annual yield (4% interest + 1.1% revenue share), competitive with municipal bonds but with added liquidity and perks.

- Debt Management: Revenue sharing reduces reliance on fixed debt payments, aligning with Debt Decentralized’s advocacy for flexible financing.[](https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Model 2: Phased Issuance (Risk Mitigation)

- Issuance: Three tranches of 900 million tokens ($900 million each) over 18 months to gauge demand and manage market saturation.

- Interest Rate: 3.5% annually, paid quarterly in ETH ($94.5 million total/year).

- Revenue Sharing: 12% of net stadium revenue (~$24 million/year), or ~$0.009 per token.

- Cost Savings: Similar 15% reduction in issuance costs (~$3.3 million per tranche).

- Investor Return: ~4.4% annual yield, balancing risk and reward for conservative investors.

- Advantage: Phased issuance minimizes token price volatility and aligns with Debt Decentralized’s focus on prudent financial innovation.(https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Model 3: Fan-Centric Micro-Investment

- Issuance: 2.7 billion tokens, with 20% reserved for retail fans ($540 million) at lower thresholds (e.g., 50 tokens/$50 minimum).

- Interest Rate: 3% annually ($81 million/year), prioritizing revenue sharing to appeal to fans.

- Revenue Sharing: 20% of net stadium revenue (~$40 million/year), or ~$0.015 per token, emphasizing fan returns.

- Cost Savings: 15% reduction, with additional savings from fan-driven marketing (e.g., social media campaigns).

- Investor Return: ~5.5% yield, driven by higher revenue sharing to incentivize fan participation.

- Advantage: Aligns with Debt Decentralized’s vision of democratizing finance by empowering fans as investors.(https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Assumptions:

- Stadium revenue: $200 million/year (based on NFL averages for ticket sales, concessions, and events).

- Perk costs: ~$5 million/year (e.g., NFTs, tours, memorabilia), funded from bond proceeds or revenue.

- Regulatory compliance: SEC-compliant as a security token (Reg A+), with KYC/AML checks.

These models demonstrate BBT’s ability to fund the stadium while offering competitive returns, reducing debt service costs, and engaging fans, as emphasized in Debt Decentralized.[](https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Proposed BBT Structure sm

- Token Type: ERC-20 token on Ethereum, deployed on Polygon for low-cost, scalable transactions.

- Token Supply: 2.7 billion tokens at $1 each, with phased issuance to manage demand.

- Revenue Sharing: 12-20% of net stadium revenue, distributed annually via smart contracts.

- Interest Payments: 3-4% annually, paid quarterly in ETH to avoid dilution.

- Trading: Tokens tradable on exchanges (e.g., Coinbase, Uniswap) for liquidity.

- Compliance: Structured as a security token, compliant with SEC regulations, with audited smart contracts for security.[](https://blog.stobox.io/ebook-debt-tokenization/)

Hybrid Perk Structure: Engaging Fans and Investors

The BBT perk structure blends traditional fan experiences with blockchain-enabled rewards, inspired by Debt Decentralized’s focus on accessibility and innovation. It’s tiered to cater to casual fans, dedicated supporters, and high-net-worth investors:

Bronze Tier (50-499 tokens, $50-$499)

- Exclusive Merchandise Voucher: Redeemable for a BBT-branded hat or t-shirt.

- Priority Ticket Access: Early access to buy 2 tickets per game or event.

- Tokenized Fan Badge (NFT): Non-transferable NFT, evolving with tenure.

- Referral Program: Earn 5-10 bonus tokens for referrals (capped at 50/season).

Silver Tier (500-1,999 tokens, $500-$1,999)

- All Bronze Perks.

• VIP Stadium Tour: One pre-game tour per season (lottery-based, 50 participants/game).

- Virtual Reality (VR) Game-Day Experience: Exclusive game views for one home game.

- Fan Council Membership: Vote on fan initiatives via quarterly surveys.

- Merchandise Discount: 10% off Bears merchandise.

Gold Tier (2,000+ tokens, $2,000+)

- All Silver Perks.

- Autographed Memorabilia: Blockchain-authenticated signed jersey or football.

- Personalized Stadium Seat Plaque: Name on a seat (first 500 holders).

- Bears Legacy Event: Annual tailgate or dinner with alumni (50 participants).

- Sponsorship Opportunity: Lottery entry for a game-day jumbotron feature.

Additional Perks (All Tiers)

• Gamified Challenges: Trivia or prediction games for bonus tokens.
• BBT Community Hub: Bears-branded app or Discord for fan interaction.
• Sponsor Discounts: 10% off at Bears partners.
• Charity Integration: Donate revenue payouts to Bears charities, with leaderboard recognition.
  

These perks align with Debt Decentralized’s vision of inclusive finance, making BBT ownership a rewarding experience for fans and investors alike.(https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)

Validating Perks with Fan Feedback

To ensure BBT perks resonate, we’ll launch a fan feedback survey in Fall 2025, targeting 1,000-5,000 responses from fans and investors via X, the Bears’ website, and fan events. The survey will:

• Rank Perk Appeal: Prioritize traditional (e.g., merchandise) vs. digital perks (e.g., NFTs).
• Validate Thresholds: Confirm if 50, 500, and 2,000 tokens are appropriate.
• Assess Crypto Comfort: Gauge familiarity with blockchain to inform education efforts.
• Collect Ideas: Solicit new perk suggestions (e.g., tokenized season tickets).

Sample Questions:

- “Which Bronze Tier perk excites you most: merchandise, tickets, NFT, or referrals?”

- “Are the token thresholds affordable? (Bronze: $50-$499, Silver: $500-$1,999, Gold: $2,000+)”

- “How comfortable are you with digital wallets for NFT or VR perks?”

Promoted via X (#BearsBond), the Bears app, and in-stadium QR codes, the survey will offer merchandise or early BBT access as incentives, ensuring robust participation and actionable insights.

Why BBT Is a Win for the Bears

The BBT initiative, inspired by Debt Decentralized, positions the Bears as innovators:

• Financial Flexibility: Raises $2.7 billion with reduced debt costs through revenue sharing.[](https://www.amazon.co.jp/-/en/J-Nixon-Joseph-ebook/dp/B0F1XGG37W)
• Fan Ownership: Empowers fans to invest in the stadium, strengthening community ties.
• Global Reach: Attracts crypto investors and international fans.
• Brand Leadership: Establishes the Bears as pioneers in sports and decentralized finance.

Call to Action

The BearsBond Token, grounded in the principles of Debt Decentralized, is a bold step toward funding our new stadium while uniting fans and investors in our legacy. I invite your feedback on the financial models, perk structure, and survey plan. Let’s schedule a meeting to discuss how BBT can drive the Bears’ future.

Bear Down,

Mr. J Nixon Joseph MBA, Chairman and President of JNJGlobalMacroGroup

Chairman, BearsBond Token Initiative sm