- Spencer Dinwiddie, a point guard for the Brooklyn Nets has started a unique fundraising campaign that has never been done before.
- The fundraising campaign by goalkeeper has become the Latest Bitcoin goal news.
- The idea is to essentially crowdfund Spencer Dinwiddie’s contract for next year’s NBA season using BTCs.
Spencer Dinwiddie, a point guard for the Brooklyn Nets has started a unique fundraising campaign that has never been done before. According to
Spencer Dinwiddie, Bitcoin has the highest valuation among all cryptocurrencies and he wants his fans to help him raise an amount equivalent to 2655.8 BTC. This figure amounts to $24,632,630. The fundraising campaign by spencer has become the Latest Bitcoin goal news.
The idea is to essentially crowdfund Spencer Dinwiddie’s contract for next year’s NBA season using BTCs. Spencer has long been a pioneer in financial creativity and has always found new ways of incorporating financials into his life and work. This time he wants to turn his contract into a product that his fans can put money on. He says that if his fans can raise $24,632,630, he will let them determine the team that he signs next year for a one-year contract. He has also said that if he is unable to raise the amount by the stipulated time, he will donate the entire amount that he raises, for charity.
Spencer: Is it really possible?
According to current salary cap rules that govern the NBA, this amount is nearly impossible. The amount of money that he plans to raise is more than double his current salary. Some people believe that this fundraiser is not actually intended for a new contract. Many people believe that this is Spencer’s new idea to raise funds for charity.
An overview of the matter
Whether Spencer Dinwiddie really believes he can raise this amount is subject to speculations. Even if he does, the NBA might not allow such terms to operate. However, if this is a way of raising money for charity, one cannot get any more creative. As of now, Spencer has managed to raise $55 and hopes that his fans will get him to his target.
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