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NIL Coin Launches First Cryptocurrency Designed To Reward College Athletes and Influencers for the Use of Their Name, Image and Likeness

by ChainWire
December 15, 2021
in Industry Announcements

December 15, 2021 – Sarasota, Florida


NIL Coin will be used as a utility token built on blockchain to reward influencers for promoting products and services on social media and other platforms.

NIL Coin offers the first cryptocurrency to reward college athletes for the use of their name, image and likeness via a strategic partnership with Postgame™, the largest network that connects college athletes with opportunities to earn through endorsements, appearances, NFTs and more. NIL Coin launched on the Uniswap Exchange on December 15, 2021.

Cryptocurrency has become increasingly popular in professional sports in recent months, with athletes taking a portion of their salary and bonuses in coins like Bitcoin, Ethereum and others. With the rollout of the NCAA’s universal framework on July 1, 2021, college athletes from every state can now benefit financially from the use of their NIL (name, image and likeness). Until now, college athletes have primarily received cash and free products in exchange for their services. With the launch of NIL Coin through Postgame, digital currency will soon provide them with another option to earn.

Bill Jula, founder of Postgame, said,

“We are excited to be the first to offer college athletes the opportunity to earn cryptocurrency through their participation in NIL campaigns. We’re reimagining how athletes and influencers can benefit beyond free products and cash payments. With the launch of NIL Coin, college athletes will be able to benefit from the exciting digital economy through cryptocurrency and NFTs.”

NIL was started through the DOOR launch pad program, which accelerates cryptocurrency projects that have real-world utility. The founders of DOOR include tech entrepreneurs and crypto veterans who have experience in growing businesses powered by crypto. Their most recent project was DOOR Coin, which powers the number-one decentralized ad network that rewards consumers for clicks. DOOR is listed on two centralized exchanges and is up over 2,000% since July.

David Daly, co-founder of DOOR, said,

“We are excited to launch our next project, which brings real-world utility to influencer-based marketing. With DOOR, our vision is to build a decentralized ad network. With NIL, our vision expands to include a decentralized influencer network. Our partnership with Postgame will be providing value to the growing number of college athletes looking to benefit from their name, image and likeness. This is why we started NIL.”

About NIL

NIL Coin is a utility token built on Ethereum blockchain to reward influencers for promoting products and services on social media and other platforms.

More information is available here.

About Postgame

Postgame is used by college athlete influencers to monetize their name, image and likeness (NIL). With over 5,000 of the top college athlete influencers having downloaded the mobile app and their extended network of over 60,000 athletes, Postgame has quickly become one of the largest networks to connect its member athletes with opportunities to earn through endorsements, appearances, NFTs and more. College athletes can join Postgame by visiting the company website and downloading the Postgame app here. Brands interested in working with Postgame can email here.

About DOOR

DOOR is the number-one ad network powered by blockchain and cryptocurrency. DOOR rewards you anytime you click and connect with a business through the DOOR app. Anyone who joins the DOOR network is rewarded with DOOR Coin and can benefit directly from every ad they click and every product or service they buy.

More information on DOOR can be found here.

Contact

David Daly, co-founder of DOOR

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


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