George Washington University Athletics
Friends of George To Integrate the ReserveBlock RBX Network
11/16/2022 10:09:00 AM | Men's Basketball
Student-athletes entered into masternode pool and gain interactive NFTs for sponsors and fans
The Friends Of George (FOG) collective, a leading organization dedicated to facilitating NIL opportunities for GW student-athletes, has announced that they will be integrating and utilizing the ReserveBlock RBX (reserveblock.io) blockchain protocol for NFTs. The ReserveBlock Foundation will provide a pool of RBX masternodes to the FOG collective that will start by allowing participating men's basketball student-athletes to be part of the RBX Network, verify transactions, and earn randomized block rewards. The RBX Network will also enable the collective and men's basketball student-athletes to issue interactive NFTs to sponsors and brands, increasing connectivity and utility within the GW community.
FOG will deploy an innovative and randomized block reward system for the exclusive benefit of all participating student-athletes by distributing earned rewards on a monthly basis. The RBX masternode deployment allows Friends of George to create fair and equitable potential earnings for every participating player regardless of fame, notoriety or playing status.
Through the use of self-executing (SENs) RBX smart contracts, FOG will also issue interactive and dynamic NFTs for sponsors and fans to connect, collect and engage in unique experiences directly with student-athletes, as well as initiate ambassadorships for brands and businesses at the local and national level.
"We are excited to partner with RBX on this unique and exciting project," said Friends of George CEO Aahil Shermohammed. "We are starting with our men's basketball student-athletes who choose to opt into our NIL collective. We believe having a best-in-class NFT product and platform will help us build membership from brands and sponsors and will provide our student-athletes easy access to create their own NFTs for their fans and sponsors."
Each basketball student-athlete within the program will also have access to a personal RBX core-wallet and web-wallet that will enable them to add additional masternodes on the network using block rewards, if they choose. With their personal RBX wallets, they will be able to create their very own NFTs without having to know or write code.
"We chose to partner with RBX because we believed their innovative platform provides our collective and student-athletes a stress-free way to create and market NFTs, but more importantly, an incredible opportunity to earn random block rewards via our pool of RBX masternodes," said Mr. Shermohammed.
FOG also provide an on-ramp from its own website to a secondary marketplace, which will be powered by the RBX Network, for aftermarket NFT auctions as well as for special NFT drops.
About the ReserveBlock RBX Network
RBX is the first open-source decentralized NFT Centric Blockchain that enables true peer-to-peer operability for the minting and trading of NFTs with or without the need of a centralized authority. With an ecosystem that provides a full suite of on-chain tools, RBX reduces common frictions and burdens by providing an environment for anyone and everyone to participate with transparent trustless features all through a core wallet or web wallet by either validating on the network and/or writing a smart contract without the need-to-know code whatsoever. The RBX network is currently in mainnet beta.
Further Inquiries:
Friends of George
Website: fogcollective.com
Instagram: friendsofgeorge_
Twitter: friendsofgw_
RBX:
Website: reserveblock.io
Twitter: twitter.com/ReserveBlockIO
Instagram: instagram.com/reserveblockio
Github: github.com/ReserveBlockIO
Press Contact:
Chelsea Oliver – coliver@optimistconsulting.com
