Partnered With:

NBA players have launched a bitcoin crowdfunding campaign in the hope that fans will donate to their teams

Read this article in 3 Minutes

Spencer Dinwiddie hopes to raise 2,625.8 BTC from fans

BlockBeats news, NBA player spencer dinwiddie (& NBSP; Spencer Dinwiddie posted a GoFundMe page, hoping to raise 2,625.8 BTC, or about $24,632,630, from fans during the quarantine.

Dinwiddie had previously tried to negotiate with the NBA to pay him in cryptocurrency. If fans can meet his fundraising goals, he'll let them decide which team he signs with. Otherwise, all the money he raised will go to charity. According to yahoo sports, Dinwiddie is eligible to become a free agent after the 2020-2021 season.

So far, donors have supported Dinwiddie's efforts to play for the Los Angeles Lakers, Philadelphia Sixers or the Portland Trail Blazers. Dinwiddie explained that he wanted to make the decision by his fans, not by "shoe companies" using the power of endorsements to get him to sign for a team. At last check, his goal was more than $24 million, but so far only $944 has been raised.

The NBA star on twitter clarified that the currency fund raising and he sought to not contract pay with COINS in their jobs, he said, "to clarify, this fundraising (by) has nothing to do with my stock type tokens. This is a completely independent concept, is a for profit business ventures. (is in progress, please contact with Tritaurian Capital.) this is actually a free market system and FA crowdsourcing decision-making problem.