Odd Lots Why Brooklyn Nets Star Spencer Dinwiddie Co-Founded a Crypto Startup
Jun 10, 2021
Brooklyn Nets star Spencer Dinwiddie, an early Bitcoin enthusiast, discusses his journey into the crypto world as co-founder of Calaxy, a platform bridging fans and athletes through blockchain technology. Joined by Solo Ceesay, a securities expert, they explore the rise of creator tokens in sports, the evolving dynamics between fans and celebrities, and how blockchain is reshaping financial opportunities. The duo also talks about challenges in monetization and the push for greater financial literacy amidst the growing creator economy.
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Calaxy Platform
- Calaxy lets creators monetize through personalized cryptocurrencies for fan interactions.
- It's a one-stop shop for monetization, offering various engagement options.
Blockchain's Trust Layer
- Blockchain offers a trustless system, eliminating counterparty risk through a verified ledger.
- It facilitates faster transactions and smart contracts for illiquid assets.
Precursor to Patreon/Cameo
- Seven or eight years ago, a gym manager envisioned a platform like Patreon or Cameo.
- He sought advice but the success of these platforms proves his idea was directionally accurate.