About Trevor Etienne and HUMBL

Dec 16, 2021, 8:30 PM

As with most things that are new, there is a lot of confusion around NFT & Blockchain technology. The announcement today around Trevor Eitenne made me jump out of my seat for joy as this is a very intelligent idea.

Maybe I can help explain why as I'm actually invested in HUMBL (which is a LOT more than just NFT's). I understand NFT's and blockchain a little so maybe I can shed some light.

1st - Blockchain is a system of recording information in a way that makes it impossible to change, hack, or cheat the system. Think of a ledger, but online (and can't be hacked/stolen).

2nd - NFTs (or non-fungible tokens) are unique digital tokens that serve as proof of ownership of an asset, and cannot be replicated.

3rd - This isn't some kinda of bidding war b/n fans of schools. Let's just get that out of the way. It's a fun chance for them to vote who they think the school will be that he will choose. His quote is just hypothetical thinking for future athletes. In short, if you Vote for Clemson, and Trevor choses Clemson, then you'll have the opportunity to purchase NFTs from HUMBL, of which Trevor will be the beneficiary.

What Trevor is doing is simply taking ownership of his Name, Image and Likeness, in a unique way, and this is a vehicle for him to do just that.

A great example is this: Getty Images. If someone is a photographer for Getty, they take a picture of Trevor Etienne committing to Clemson, they own that and can sell a license to someone use it. What Trevor is doing is taking ownership of some of his own images and/or artwork, for himself, and selling them.

Here's where it can get crazy...

Let's say a Clemson fan buys a digital picture (NFT) of Trevor Etienne for $50. Trevor can establish the NFT in a way that he gets royalties on every sale for the rest of time. Example: Let's say that Clemson fan decides to sell that same NFT 4 years later for $1000, they might pocket $900 and Trevor would receive a 10% royalty.

This is no different than a signed jersey or helmet, but now he gets a piece of the action. Sidebar: You're going to see Musicians doing with their Album cover art in the future.

100%....this is something that the Clemson staff, administration and team needs to be open to and embrace. Having a person in the PAW journey to educate about the NFT, Blockchain and companies like HUMBL will only help our players in the future and will, without a doubt, give us a competitive edge in recruiting.