STUDENT ATHLETES GETTING PAID
How would a Student Athlete be getting paid utilizing the CFBT Token Ideology Part One.
When it comes down to how universities will be paying student-athletes for their name, image and likeness, I cannot find a better model to replicate other than RokFin’s (RaeToken) and Ethereum’s block-chain technology to generate a massive amount of revenue for athletic departments & student-athletes nationally. After starting to learn how Ethereum works and each alt coin's generalized purposes, I believe we were given a solution to many issues involved with collegiate athletics and the world we live in today.
There is an enormous gap between the value student-athletes provide to universities across the nation, compared to the compensation those student-athletes receive for their unique individual skill-sets and/or "Name/Likeness". These revenue streams are able to garner collegiate athletic programs very lucrative television deals, merchandising agreements, ticket/game-day sales and many more profitable ventures that create a robust financial ecosystem in college athletics. This dynamic negatively impacts both the student-athlete & universities finances in obvious and not so obvious ways, as there are many tools now available for student-athletes to earn a fully justifiable income, while also creating additional revenue streams that flow directly into the college athletic departments wallet. The student-athletes inability to produce sufficient funds for daily life needs, medical expenses post-graduation and the necessities needed to create their own businesses, drastically impacts the creation of the much needed additional revenue streams (content, appearances ect;) to pay student-athletes. In my opinion, this also stifles many student-athletes from reaching their optimal potential on the field of play and hinders them substantially when their playing careers come to an end. (The Real World)
Creating financially stable business minded student-athletes, who are capable of driving profits through the creation of their own unique selling platforms (businesses) while on campus, will give them the capabilities to now operate their business post graduation successfully. This will not only benefit the student-athlete substantially, but drive the price and the universities network value even closer to the moon (raise the price of token). So in essence, each individual student-athlete now becomes responsible for not only creating income for the university while enrolled, but also will be able to increase these network effects as valued alumni (partners) of your establishment for the rest of their lives. This also inevitably creates more tokens circulating through your university of college tokens ecosystem, while also giving valued alumni who sacrificed their bodies for the universities athletic program an incentive to hold onto and market your universities CFBT token. For example, I heard Coach Nick Saban owns some car dealerships, so in essence these tokens could be utilized to purchase a car from the G.O.A.T and at any officially licensed CFBT token affiliate partner (alumni businesses). This would drastically increase the overall network value of each teams CFBT token, as well as the networks efficiency to keep all monetary gains in house. Alumni that were once considered as coaching candidates or former players, could now run camps, coaching clinics and classes on how to make money as a student-athlete, all under each universities CFBT financial umbrella, which would further create the network dynamics needed to possibly one day reach the moon. - Inspired by the RaeToken Whitepaper
Alabama Governor signs bill for Student-Athletes to be paid for their names, likeness and image.
MOBILE, Ala. (WPMI) — The Governor of Alabama, Kay Ivey signed a bill into law on Tuesday to allow college athletes to make money off their names, likeness, and image.
Mark Hudspeth, the Former University of Louisiana at Lafayette Head Football Coach, said for decades coaches and even colleges have racked up big salaries off student athletes’ hard work. Hudspeth whose now the head coach for Gulf Shores High School Football Team said it's players’ time to shine.
“As coaches, we are able to tap into that resource and make money because of our images and likeness that we get to utilize. I think it's only fair to these student-athletes to get the same opportunities,"
HOW TO PAY COLLEGE ATHLETES
College Football Today CFBT token - Some of the key factors on how to pay college athletes are listed below.
Token should never be able to depreciate under one dollar and only rise from one dollar & up for student-athletes. This was accomplished on the ETH block-chain through the “Maker Token”, which was responsible for the creation of the stable coin “Dai”. I tend to look at it as the “Ryan Dai” token, because of its stability through some pretty intense fires in the cryptocurrency world. Simply put, when the world is burning all around us, your token is safe with the Ryan Dai.
Setting up wallets - This is why the cryptocurrency system was created in the first place, so we can move money seamlessly with one click of some buttons across the world. Many investors look at tokens like Bitcoin as a “store of value”, but many others look at it as a means to process transactions and/or send finances quickly from peer to peer. This is very simple and I will provide a step by step guide on how to do this, as every student-athlete or member being compensated in tokens must have a wallet address to receive his or her tokens.
Accurate data accumulation - The token or coins initial value will be generated by an algorithm that will need accurate data accumulated on the finances of each individual university. There is nothing to hide, the more money you bring in, the more your token will be deemed worth by the ETH block-chain of command. I am not sure if that is exactly what it is called, but it works like Google from noticing certain aspects of the RaeTokens network effects. There will be much data needed to formulate each tokens initial overall value, but this data will help advance the future outlook and projections on each CFB teams token. This will help give us a formidable starting point, which will give us the ability to track the overall network growth & health of each CFBT tokens ecosystem.
DOWNLOAD RAETOKEN WHITEPAPER
Further elaboration on the CFBT Token recruiting advantages
Former players, tech students and aspiring football scouts/recruiters, could potentially make up your recruiting department, as who better to know each CFB teams coaching philosophy and the role a player would need to fulfill rather then an athlete who played in that coaches system. This would not only decrease the recruiting budget, but keep CFBT recruiter tokens pumping year around. I mean, think about the amount of impressions on social media many of your former players obtain and how that can keep creating substantial overall network value, while harnessing more network power than traditional recruiting websites (247/Rivals). For Instance, wouldn't Aggies fans be more engaged listening to Johnny Manziel rather than practically anyone else in the world about their teams recruiting class? The business has evolved to a daily onslaught of savagery in the sports media world and from three years of experience running college football today, I've already learned that analytical data is already playing a huge role in things like the Top 25's. Also, media presence plays an enormous factor through the cognitive dissonance created through the opinions displayed on national TV networks. Creating your own in house spokesperson, who can rationalize and justify eradicating the nonsense that creates a disillusion among fan bases, would be ideal for the overall reputation of your establishment. These CFBT tokens would be able to create this in a way that not only gives back to your alumni and gets you exactly the player that fits your coaches schematics, but also would create very lucrative direct network effects year around.
Which begs to question, wouldn't you rather have a former respected and well spoken player presenting your next big time football recruit to the general public, while also obtaining even more overall network power in your pursuit of reaching the moon?
STUDENT ATHLETES BEING PAID
The intro to student athletes being paid can be located on CollegeFootballNow.Org!
There has been an ongoing debate on whether or not student-athletes should be getting paid for their skills and every bowl season, thousands of websites are created to sell teams merchandise that is going missed on a large scale. (Online Sales). Athletic departments lose revenue that could be streamlined to their athletic department directly, while also limiting themselves from maximal profits through licensing agreements. Bets are placed weekly for short & long term outcomes and gambling entities normally profit substantially off the stakes placed on games played by student-athletes, who play a major role in the growth of each university's economic system overtime (network growth). Many of those players leave these universities riddled with everlasting injuries and are left paying for treatment that is far behind the scientific medical advancements used to treat recovering American football players (health insurance). Avid college football fans are constantly seeking engagement year around and many are seeking upgrades to the traditional CFB game-day experience, as well as enlightenment into their favorite teams incoming top football recruits, which keeps fan engagement throughout the course of the year (network impressions).
POST CONCUSSION PROTOCOL
Learn more about the CFBT token's post concussion protocol on College Football Today RokFin by clicking the Scout Trout Elite Defining Your Process image below!
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