Spencer Dinwiddie has long seen himself as far more than a
basketball player. Describing himself as 'just a tech guy with
a jumper,' the Brooklyn Nets guard turned down the chance to
attend Harvard and spends his spare time immersed in the world and
potential of cryptocurrency. When not offered an endorsement deal
by a major shoe company on reaching the NBA, Dinwiddie took matters
into his own hands, joining with athletic footwear experts to
design his own basketball shoe which he believes to be better
performing than market-leading brands.
It is this mindset that has led Dinwiddie onto his latest
– and most controversial - off-court venture. He proposes to
securitise his playing contract with the Brooklyn Nets, providing
him with a lump sum payment that he can then invest, with the hopes
of providing both a larger and more sustainable income long-term.
The idea is elegant in its simplicity – Dinwiddie intends to
sell 90 $150,000 'digital investment tokens,' which
