Michigan defensive end Kwity Paye will release the first collegiately licensed football NFT (non-fungible token) as soon as he's selected in the 2021 NFL draft, which starts Thursday night.
ESPN's Adam Schefter provided details about the 1-of-1 NFT, which will benefit the Uniform Funding Foundation:
Adam SchefterMichigan DE Kwity Paye is releasing a 1/1 draft night NFT. This digital trading card is the first collegiate licensed football NFT. It will be live on OpenSea the moment Paye is drafted. All proceeds will go towards his non-profit, The Uniform Funding Foundation @getTUFF__ https://t.