Article from: NFT Now
Division Street, a sports venture company that helps create marketing programs to maximize revenue opportunities for University of Oregon student-athletes, recently announced the upcoming launch of an NFT collection that will benefit participating Oregon Ducks women student-athletes.
The collection, entitled Visions of Flight, will honor the upcoming 50th anniversary of Title IX of the Education Amendments of 1972, the comprehensive federal law that made it illegal to exclude or deny anyone on the basis of sex from participating in any school or educational program that receives funding from the U.S. government.
In designing the collection, Tae gave the group of athletes a series of attributes to choose from to express themselves, utilizing their individual personalities to create 1 of 1 NFTs specific to each of them.
The project allows buyers to own one-of-a-kind art while supporting the equitable futures of student-athletes at the University of Oregon.
“It’s incredibly important to me to use my platform to empower women student-athletes — now and for the next generation,” Prince said in the press release. “Being able to collaborate with Lili Tae to bring our voices to life in such an innovative way and benefit all participating women Ducks athletes is an absolute win-win. We couldn’t be more excited about this project.”
Proceeds from the NFT sales will be divided along the following lines: 75 percent will be shared equally by participating athletes and 25 percent will be retained by Division Street to offset the expenses of the project.
A 10 percent royalty will be included for any secondary sales, with funds directed to a wallet created by Division Street that will be used to further benefit University of Oregon student-athletes.
The post The University of Oregon Is Using NFTs to Support Women in Student Athletics appeared first on nft now.
source
Article from: NFT Now
