
Cryptocurrencies
NBA Star Encourages Fans to Purchase His $24.6M Contract… Thanks to Bitcoin?
The recent move by NBA player Spencer Dinwiddie to tokenize his contract has taken a new turn, as he has launched a crowdfunding campaign to raise the equivalent of 2,625.8 Bitcoins (BTC), which is approximately $24.6 million at the current market rate.
The campaign, interestingly named ‘Dinwiddie X BTC X NBA’, aims to reinforce his previous statements made on social media, where he invited fans to partake in the decision of which NBA team he would join in exchange for the monetary value of his contract in Bitcoin.
This initiative highlights Dinwiddie’s ongoing commitment to integrating cryptocurrency into the world of professional basketball.