The University of Michigan, Graduate Anne Arbor and MORE Management are launching “Victors NFT” today. Current Michigan sports stars Zak Zinter, Cade McNamara and Mazi Smith are some of the athletes who participated in the project. What’s more, legendary football quarterback Tom Brady is also a supporter.
Starting today, the artwork will be exhibited at the Graduate Anne Arbor lobby. Additionally, the website Bored on Campus is set to launch alongside the exhibition. Through this website, students can purchase merchandise inspired by this NFT project. This University of Michigan-approved NFT gallery will give student-athletes the opportunity to generate income from these NFTs. Undoubtedly, this will further support their studies and career.
Graduate Ann Arbor general manager Jason Nelson said: “The University of Michigan football programme is beloved by the Ann Arbor community, and we are excited to offer a new avenue for fans to engage with and support its players, both past and present.”
NFTs and college athletes
The NCAA has released a set of rules that allows college athletes to use their NIL for commercial ventures like NFTs. In fact, the University of Michigan’s Cade McNamara recently signed an NFT and crypto-related deal with MORE Management. Undoubtedly, college athletes will make use of the NCAA‘s latest change in regulation to profit off their NIL via NFTs.