Canes Connection NIL program for University of Miami student-athletes to integrate the RBX network

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Canes Connection, an industry-leading organization dedicated to facilitating NIL opportunities for University of Miami (UM) student-athletes, has announced that they will integrate and leverage the ReserveBlock RBX blockchain protocol for NFTs. The ReserveBlock Foundation will provide the Canes Connection with a pool of RBX masternodes, allowing participating UM student-athletes to be part of the RBX network, verify transactions and earn random block rewards. The RBX network will also allow Canes Connection and participating UM student-athletes to issue interactive NFTs to sponsors and brands, increasing connectivity and value within the Canes Connection community.

Block Rewards for Student Athletes

For the first time ever at NIL, Canes Connection will employ a random block reward system for the exclusive benefit of all student-athletes participating in the Canes Connection NIL program by distributing earned rewards monthly. The RBX Masternode deployment allows the Connection to create fair and equitable potential revenue for each participating student-athlete, regardless of fame, prominence, or game status.

Through the use of self-executing (SENs) RBX smart contracts, The Connection will also issue interactive and dynamic NFTs for sponsors and fans to connect, collect and experience unique experiences directly with student-athletes, as well as initiate ambassadors for brands and companies to engage in local and national level.

Zach Burr, Co-CEO of Canes Connection said:

“We are delighted to be collaborating with RBX on this unique and exciting project. These student-athletes who choose the Canes Connection become part of a world-class NFT platform and can easily create their own NFTs for their fans and sponsors.”

Each UM student-athlete within the program also has access to a personal RBX core wallet and web wallet, allowing them to add additional masternodes on the network using block rewards if they so choose. With their personal RBX wallets, they can also create their very own NFTs without having to know or write any code. Each participating student-athlete will be able to easily create NFTs and market them directly to fans and followers simply by sharing them on their own social media accounts.

Canes Connection Co-CEO Brian Goldmeier added:

“We chose to partner with RBX because we felt their blockchain protocol offered our student-athletes the most convenient and stress-free way to create and market their own NFTs, but more importantly, one incredible opportunity to earn passive block rewards through our pool of RBX masternodes,”

The Canes Connection will also provide a “gateway” from its own website to a secondary marketplace operated by the RBX network for aftermarket NFT auctions as well as special NFT drops. This first mover NIL program is expected to start in October 2022, with more details to follow in the coming weeks.

RBX is the first open source decentralized NFT Centric Blockchain enabling true peer-to-peer operability for minting and trading NFTs with or without the need for centralized authority. With an ecosystem that offers a full suite of on-chain tools, RBX reduces common friction and stress by providing an environment for everyone to participate with transparent, trusted capabilities through a core wallet or a web wallet by either validating it on the network and/or writing a smart contract without the need-to-know code. The RBX network is currently in mainnet beta.

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