Why Brooklyn Nets Star Spencer Dinwiddie Co-Founded a Crypto Startup
Over the last year, numerous celebrities and athletes have gotten into crypto in some way. For example, some have announced plans to put part of their salary into Bitcoin. But Brooklyn Nets star Spencer Dinwiddie has been in the space for a lot longer, having held Bitcoin for several years. And, in addition to owning Bitcoin and other coins, he's also the co-founder of a new company called Calaxy, which aims to let fans buy tokens associated with their favorite stars. On this episode, we speak with Spencer as well as his co-founder Solo Ceesay about the world of creator tokens, and how various technologies, including crypto, are changing the relationship between fans and celebs.
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The inside story of NBA star Spencer Dinwiddie's crypto journey
On this episode of The Scoop, The Block's research team speak with Dinwiddie about his crypto journey, what originally got him excited about the space, what made him buy bitcoin, the investments that have made him excited about DeFi, Calaxy, and the NBA.
New Fan Engagement Models for Athletes and Influencers
Today’s episode is about a practical application of crypto — namely, the way it can “tokenize” fandom. More broadly, it’s about fan engagement, and the increasingly blurred lines between sports, culture and tech.
We talked to NBA player Spencer Dinwiddie, of the Brooklyn Nets. Spencer created a new platform on the crypto blockchain Ethereum that gives fans the opportunity to invest directly in his revenue-generating potential, through debt securities.
Joining this conversation are a16z managing partner and tech investor Jeff Jordan, who has long followed the evolving relationship between sports and tech. Also joining is Jesse Walden, a former a16z crypto partner and co-founder of Mediachain. He’s also a former music promoter and manager whose focus was on helping artists stay independent.
We discuss the evolution of models for fan engagement; how social media has changed the game; and where technologies like cryptonetworks and blockchains come in. Stay Updated:
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