Posted: October 19, 2021 at 7:30 a.m. MDT|Update: 25 minutes ago
PHOENIX, October 19, 2021 / PRNewswire / – Athlete Assets and Matchpoint Connection Partner to Offer the First Digital On-Chain Collectible for University of Texas Defensive back, BJ Foster. Taking advantage of Ravencoin’s Basic Protocol (RVN) capabilities, this unique digital collector’s item is considered the first NFT designed for an âon-chainâ NCAA athlete. All artwork content is persistently pinned using IPFS and features a premium 3D model that can be viewed in augmented reality.
The collector’s item is currently available for auction at TheAssetMarketplace.com via the Athlete Assets online store. Athlete Assets will share 35% of auction revenue with Foster through Matchpoint Connection’s virtual agent platform.
CEO of Athlete Assets Adam small said, âThis launch of NFT is very special to me. As a former NCAA athlete, I couldn’t be more excited to combine my passion for blockchain technology with new ways for them. student-athletes to monetize their name, image and likeness. “
Athlete Assets is a wholly owned trademark of IPAssets Technology, a software and hardware development company that offers a top-to-bottom suite of technologies designed for Ravencoin and IPFS.
Recent changes to NCAA rules now allow student-athletes to monetize their name, image and likeness. The one-of-a-kind digital collectible features a 3D illustration of Foster’s favorite name and number, framed and mounted on a virtual brick wall with horns mounted above it. This collector’s item is not only unique in that it features an artistic contribution from Foster himself, but is the first example of a “chain” NFT made in the likeness of an NCAA athlete.
Matchpoint Connection CFO Zack Olivier sees immense potential for varsity athletes in the NFT space: âWe are very excited to be working with Athlete Assets. The timing couldn’t be better as athletes begin to realize the full potential of their name, image and likeness. The benefit-sharing structure of the NFT is truly a victory for the athletes. Digital assets are here to stay, and we’re excited to forge this partnership so early in the game. “
The digital collector’s item will continue to be available for auction from October 19e To 23 octoberrd 12h central. Are you an athlete interested in NFTs and digital collectibles?
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SOURCE IPAssets Technology
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