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University of Arizona 5-Star WR, Tetairoa McMillan #1 Signature NFT
TownNews.com Content Exchange
TownNews.com Content Exchange
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TUCSON, Ariz., March 17, 2022 /PRNewswire/ — The University of Arizona and Athlete Assets have signed the first commercial license agreement related to using university-owned copyright, logos, and marks for the creation of NIL (name, image, likeness) themed blockchain digital assets (NFTs or non-fungible tokens). The commercial license will support the first-ever NFT deal that enables collectibles to be made for every active student-athlete at the University of Arizona. The program provides each student athlete at least 2 different individually personalized digital collectibles (60 total units for sale) sold by Athlete Assets, earning the student athlete more than 80% of net revenue.