Why Brooklyn Nets Star Spencer Dinwiddie Co-Founded a Crypto Startup
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 10 June 2021
⏱️ 52 minutes
🧾️ Download transcript
Summary
Over the last year, numerous celebrities and athletes have gotten into crypto in some way. For example, some have announced plans to put part of their salary into Bitcoin. But Brooklyn Nets star Spencer Dinwiddie has been in the space for a lot longer, having held Bitcoin for several years. And, in addition to owning Bitcoin and other coins, he's also the co-founder of a new company called Calaxy, which aims to let fans buy tokens associated with their favorite stars. On this episode, we speak with Spencer as well as his co-founder Solo Ceesay about the world of creator tokens, and how various technologies, including crypto, are changing the relationship between fans and celebs.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Adlots is brought to you by Apollo. |
| 0:02.4 | When it comes to building and financing stronger businesses, |
| 0:05.1 | Apollo does the heavy lifting by providing customized capital solutions. |
| 0:08.9 | Apollo, investing in tomorrow, today, learn more at Apollo.com. |
| 0:14.4 | Together, we have the opportunity to build a more sustainable and inclusive future. |
| 0:19.6 | At the Bloomberg New Economy Forum, we help make this possibility a reality |
| 0:24.2 | by cultivating new connections among global leaders that transcend geographies, |
| 0:29.0 | industries, and ideologies. |
| 0:31.6 | Because when global leaders work together, the outcomes benefit all of us. |
| 0:37.0 | Learn more at BloombergNewEconomy.com. |
| 0:54.1 | Hello and welcome to another episode of the Adlots podcast. |
| 0:58.4 | I'm Joe Lysenthal. |
| 1:00.4 | And I'm Tracy Alloway. |
| 1:02.4 | So Tracy, we've been talking a lot about crypto currencies on the show lately. |
| 1:10.3 | But in a very limited abstract sense, and I think actually people are getting excited |
| 1:17.8 | about different things that can be done with coins and tokenization, etc. |
| 1:22.3 | in a lot more ways than just redefining money or redefining finance concept. |
| 1:28.9 | Yeah, I'm definitely starting to see quite a lot of more creative use cases. |
| 1:33.5 | So there was a Barclays note the other day that basically talked about using tokenization |
| 1:37.5 | to fix the repo market and try to make the settlement times more efficient. |
| 1:41.9 | So that's fun. But we've seen lots of different potential applications or tokens, |
| 1:48.3 | including maybe tokenizing future income streams from individuals. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.