kayvon thibodeaux cryptocurrency
 kayvon thibodeaux cryptocurrency :  jream coin !

Even the college sports world is starting to look at the world of cryptocurrencies with great interest. After Jaylen Clark,a young guard of the Bruins, who decided to launch his NFT, now it is the turn of Kayvon Thibodeaux, defender of the Oregon Ducks to propose his cryptocurrency. It will be called JREAM and will be launched in collaboration with Rally, a social token platform. The same one was used by Clark.

The difference between the two operations is to be found mainly in the notoriety of the athletes. If Clark is, at least at the moment, a player who has yet to prove much, Thibodeaux is instead one of the best prospects ever in American football. So much so that he has been indicated as a possible first choice in view of the next National Football League (NFL) draft.

Kayvon Thibodeaux is not a first overall pick

It should also be noted that this is not a first for Thibodeaux, as far as digital assets go. Previously, he had worked on a collection of NFT (non-fungible tokens) with Phil Knight, the founder of Nike, and Tinker Hatfield, a designer known for his sneakers.

However, the athlete himself has stated that he feels more involved in this project. The reason is to be found in the fact that he sees it as a way to invest in the community that revolves around him. Indeed very large, as a result of its already wide popularity. In keeping with this emphasis, Thibodeaux has pledged 20% of his initial supply of tokens, as well as 100% of the weekly activity rewards, to the JREAM Foundation. That is, the organization he created, which aims to empower disadvantaged youth by leveraging education.

The NCAA's NIL program

As it happened for Jaylen Clark, Kayvon Thibodeaux's decision was linked to the new policy launched by the NCAA, with the NIL program. Thanks to it, in fact, the association's college athletes can conclude financial deals aimed at capitalizing on their image.

The directive marked a significant change in direction with respect to the past when it was not possible to set up operations of this kind. At the same time, however, it has raised more than one concern. According to critics, in fact, it could push many college athletes, especially those on the launching pad, such as the Oregon Ducks defenseman, to abandon their studies to pursue the riches that appear to be within reach.

At the same time, it should be noted that this trend has been going on for some time, particularly in basketball. In fact, there are many athletes who decide to make themselves eligible for the NBA Draft by burning the stages.

Sports and cryptocurrencies: the collaboration is getting stronger day by day

The launch of JREAM by Kayvon Thibodeaux is yet another demonstration of an increasingly strong link between sports and cryptocurrencies. It is an increasingly strong trend among U.S. athletes, who have seen digital assets as a further opportunity to make money.

In this sense, a forerunner was Spencer Dinwiddie, guard of the Brooklyn Nets who decided to tokenize his contract. An initiative that ended in failure, however, given the sale of just 10% of the available shares. In this case, however, those who adhered to the initiative assumed a financial risk, unlike what would happen in the case of Thibodeaux's cryptocurrency. A not insignificant difference, which could finally sanction the success of the project.

read more : Why are more and more footballers investing in cryptocurrencies?

Post a Comment

Previous Post Next Post