Entry Fees and Tournaments

When a new season of a League commences, each Team DAO will be required to pay an entry fee to participate. That entry fee goes into a prize pool that is then distributed to participants within the league. The specific rules around distribution are decided by both the League DAO and Team DAO. For example, a League DAO might decide to share all the rewards from the prize pool to the winning team, and that winning team's DAO might decide to distribute the rewards between the fans and players that participated that season.