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NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million

NBA player Spencer Dinwiddie has finished the token sale of his contract that is hosted on the Ethereum blockchain. The sale of Dinwiddie’s tokenized contract raised $1.3 million which was only a tenth of what the project hoped to sell ($13.5 million). Even though the Brooklyn Nets guard Spencer Dinwiddie put a lot of energy into getting his NBA contract tokenized, the basketball player only got 10% of what they hoped to raise. Essentially, Dinwiddie’s NBA contract was tokenized by leveraging Dream Fan Shares (DFS), a system built on Ethereum that claims to “empower athletes, artists, and influencers to take…

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