NBA says Dinwiddie cannot use his contract as a vehicle for investments

2019-9-29 03:40

Earlier this week, star Nets player, Spencer Dinwiddie, announced that he had planned to turn his contract worth $34. 4 million into an investment, going public with an SD8 token offered by his company, DREAM Fan Shares.

On Friday, however, a league official confirmed that the NBA notified Spencer Dinwiddie that he could not use his […].

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NBA Denies Spencer Dinwiddie’s Attempt To Tokenize His Contract; It Violates Leagues C.B.A.

Spencer Dinwiddie, Brooklyn Nets player was informed that he will not be allowed to tokenize his contract as per the New York Times report. Dinwiddie earlier had shared his plans about creating a $D8 tokens offered by his company DREAM Fan Shares that would see the player sell a portion of his contract to accredited […]

2019-9-28 17:33


Фото:

NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports.

2019-9-14 22:18