Beginning right now, accredited buyers will be capable of partake of $13.5 million in tokenized bonds linked to the contract of Brooklyn Nets Level
Beginning right now, accredited buyers will be capable of partake of $13.5 million in tokenized bonds linked to the contract of Brooklyn Nets Level Guard Spencer Dinwiddie. The primary-of-its-kind providing took months of negotiation with the NBA however marks a seminal second for each crypto and the bigger thought of “earnings share agreements.”
On this podcast, we talk about how large a deal Dinwiddie’s providing is and whether or not earnings share agreements could possibly be a breakout use case for crypto. We additionally talk about different contenders for “crypto killer app,” together with under-collateralized DeFi loans and NFT-based video games. Lastly, we talk about whether or not crypto’s precise killer app has already arrived – within the type of utilizing bitcoin to flee native political and financial controls.
Disclosure Learn Extra
The chief in blockchain information, CoinDesk is a media outlet that strives for the very best journalistic requirements and abides by a strict set of editorial policies. CoinDesk is an impartial working subsidiary of Digital Forex Group, which invests in cryptocurrencies and blockchain startups.