College athlete NFTs are in the marketplace, beginning with Illini
CHAMPAIGN, In poor health. (WCIA) – A brand new firm needs to attach followers with the world of school sports activities – digitally. They’re additionally giving pupil athletes a option to become profitable from their identify, picture and likeness.
If it weren’t for scholarships, school athletes would’ve performed free of charge – till final 12 months.
“Every year, they [athletic programs] make billions of dollars on the talent that makes nothing,” NextName president and co-founder Steven Thayer stated.
However then, Illinois lawmakers modified the sport. They began permitting gamers to become profitable utilizing their identify, picture and likeness.
“We’re in a new world of college sports. And if you want to attract talent to your teams, you’re going to have to support those teams,” he stated.
U of I alum Steven Thayer and his son needed to offer followers a singular option to help their favourite groups and gamers.
Source link
#College #athlete #NFTs #market #beginning #Illini
