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paying student athletes, cfb today podcast season ii, raetoken whitepaper

PAYING STUDENT ATHLETES

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 the RaeToken. After starting to learn how RokFin works and how each content contributor helps raise the overall network's value, I believe we were given an ideal solution that could potentially compensate student-athletes and bring the much needed core educational principals that will benefit student-athletes for the rest of their lives.
Introduced in 2020

CFB DEBATING DEPARTING FROM NCAA - ROLL OUT PHASE 2 LIVE VIDEO
paying student athletes, cfb today podcast season ii, raetoken whitepaper
paying student athletes, cfb today podcast season ii, raetoken whitepaper
STUDENT ATHLETES GETTING PAID
There has been an ongoing debate on whether student-athletes should be compensated for their skills and every bowl season, thousands of websites are created to sell teams merchandise. (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 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). 

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 a bunch of 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, 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 dynamics needed to possibly one day reach the moon. 

Alabama Governor Kay Ivey 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, it's the players time to shine."
​

Key factors that will need to addressed 
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.

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.

STUDENT ATHLETES GETTING PAID
There has been an ongoing debate on whether student-athletes should be compensated for their skills and every bowl season, thousands of websites are created to sell teams merchandise. (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 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). 


CFB Token Utilization (Stage 1)
Merchandising

The CFB token can be used across the landscape of college football today and exchanged for each participating university's own unique CFB token. These tokens can only be used for officially licensed CFB merchandise from authorized vendors or directly from the CFB programs team shop. If a team's CFB token is used to purchase team merchandise from an unauthorized vendor, the transaction will be rejected and the universities licensing department will be notified immediately. Current license holders may be given options to extend their contracts with universities, by accepting partnered universities CFB token as a method of payment. 

Student-Athlete monetization 
Student-athletes will be encouraged and guided through the creation of setting up their own unique individual selling platforms, while adding to the value of each CFB programs ecosystem. These platforms' website domains should be linked to the universities official website, which will enable the tracking of revenue generated by each individual student-athlete accurately by the universities financial department. This begins to create the much needed revenue stream that will be paid to the student-athletes in each team's unique CFBT token, which will gain interest based on the total volume of CFBT tokens generated by each university's CFB program quarterly. This quarterly incentive will give student-athletes a long term investment opportunity in their universities athletic department, while also developing financial literacy throughout the educational process of learning how to manage their CFBT tokens responsibly. Upon graduation, student-athletes may cash out their teams CFBT tokens, convert their CFBT token to another cryptocurrency of choice or maintain their investment in their universities CFBT token. This alone will create dynamic business leaders in the future and eventually matriculate into financial savvy players throughout the pro football ranks. 

CFB Token Stakeholders 
CFBT token stakeholders in each teams unique CFBT token will be given exclusive discounts by utilizing each teams individual CFBT token, which may include tickets, luxury press box seating, concessions, meet & greets, custom fan apparel, interactive CFBT games and any incentive that produces a fully optimized fan experience that will create a constant flow of CFBT tokens into your university's CFBT ecosystem. Alumni of each institution are to be given the first opportunity to invest in their former college or universities CFB token, as this will start the formation of each participating CFBT programs CFBT token sub-committee. These primary stakeholders will be responsible for reporting analytical data and providing insight on each CFBT teams ecosystem regionally, while attending bi-weekly meetings in person or via video chat. The CFBT Token Committee highly recommends giving former coaches, players and staff the first chance to stake in their individual teams CFBT token, as they will play a vital role in the optimal growth of each conferences CFBT tokens ecosystem. The major initial stakeholders at each participating university will form the CFBT Token sub-committee and will provide pertinent localized data that will help advance the marketing network effects of each institutions tokens ecosystem. This data is to be collected using the S.T.E.P Google algorithmic direct marketing equation to enhance the overall fan experience and reach local businesses for student-athlete marketing opportunities, which are to be negotiated in each teams unique CFBT token only. At any given time, the recipient of any dispersal of CFBT tokens reserves the right to sell their asset if cash is needed or convert their earned CFBT tokens into another cryptocurrency on the exchange. This creates a highly competitive marketplace that will never have issues with supply and demand, as each participating CFBT program will be focused on increasing their overall network efficiency, while learning how to work cohesively to send their colleges CFBT token to the moon!   

Student utilization & Government aide conversions 
Students will be encouraged through incentive based programs to pay tuition, books, housing and meal plans through the utilization of the CFB token. Students that receive financial aid through the FAFSA report, will be encouraged to also transfer those funds to the universities CFB token, which will drive more liquidity into your universities CFB ecosystem. 

Athletic & Academic Scholarships
All scholarships will be paid in CFB tokens in order to help increase overall volume in the market, while giving the students freedom to pay off tuition quarterly throughout the course of enrollment. This will allow student-athletes to accumulate more CFB tokens over time and gain more interest in the process, while also becoming more adept at helping to enhance the overall financial ecosystem at his or her university. 

Sports Gambling
The CFB token committee will seek to form partnerships with legal gambling outlets, while giving sports betting services a chance to stake in the CFB token by accepting the CFB token as a form of payment. Participating sports gambling partners will be required to donate a small portion or "gas fee" back to each university of wages staked on any outcomes that are directly correlated to each individual CFB team. These main CFB tokens are to be converted to individual CFB teams tokens before the start of every CFB bowl season and dispersed to athletic departments nationally. Each cycle must document each individual player bet, like the Heisman Trophy odds and so on, while accumulating more CFB tokens into the universities CFB ecosystem. After the final assessment is formulated by an outside financial consultant, 10% of gross profits is to be distributed to each CFB programs injury recovery fund. The IRF token will be introduced as the CFB tokens ecosystem evolves and will include many medical advancements that are much needed to enhance the overall treatment of recovering student-athletes that contributed to the universities financial gains over the duration of his or her enrollment. After the phase two "roll-out stage", new tokens could potentially be generated for interactive online CFB games for participating gambling partners only, which would in essence be the CFB token giving back for not only accepting our form of payment, but also for assisting in the evolving growth of each individual CFB teams ecosystem. This could actually incline more fans to enter the gambling market, as they essentially would be providing for their favorite CFB players future on and off the field. 

The CFB Token Committee 
The CFB Token Committee will be responsible for the maintenance and overall health of the CFB Tokens ecosystem, while creating new and innovative ways to grow each universities CFB tokens overall value. The CFB Token Committee will submit these new enhancements to each participating universities athletic department and update them weekly on the advancement of future projects. The CFB Token Committee would seek council from the CFB Playoff committee, highly regarded media analysts & generate a non-biased fan polling method to contribute to the overall advancement of the CFB Token "Stage 2" roll-out phase. 

Coaching Staff Incentives 
Coaching staff salaries would be dispersed to their individual wallets every two weeks. Each coaches contract will feature performance based incentive clauses that produce bonus CFB tokens for high graduation rates, winning percentages, conference championships, bowl game bids and a chance to compete for the CFB Token Committee Playoff pot, which will be dispersed directly to each national champions athletic departments CFB token ecosystem (wallet). Assistant coaches will be graded on each of their position groups overall graduation success rate, as well as performance on the field of play and awarded CFB Token bonuses, which will vary depending on the overall health of each collegiate football programs CFB token ecosystem. The CFB Token committee will provide national and global feedback for public relations purposes, as catering to the needs of each individual participating CFB programs fan bases is vital for optimal overall growth of the CFB Token. 

There are many more ways to implement a cryptocurrency into college athletics that would eliminate many issues that were brought to the forefront during the Covid-19 pandemic. This is just the rough draft and things can be molded in many different directions, which is why I believe this could potentially create the most competitive & results driven CFB atmosphere the world has ever witnessed.

The main objective of College Football Today or "CFB tokenomics", would ideally be to create a learning environment where students are earning income for duties or tasks performed that are able to create liquidity into each CFB teams uniquely identifiable CFB token. This not only creates a race to win the CFB national championship, but also can assist everyday students in earning CFB tokens by creating new technologies that generate more volume to the college or universities CFB token ecosystem. 

CFB Content Creator Token Accumulation Methods (coming soon)

​The CFB Today Token system was developed by Scout Trout through the course of learning the intricacies of the rapidly evolving world of cryptocurrency from being compensated in RaeTokens by RokFin! 

CFB DEBATING DEPARTING FROM THE NCAA GOVERNANCE MODEL - PHASE 2 ROLLOUT

paying student athletes, cfb today podcast season ii, raetoken whitepaper

CFB TODAY PODCAST SEASON II

The new CFB Today podcast season II will only be available moving forward on College Footbal Today RokFin!
POST CONCUSSION SYNDROME PROTOCOL - HOW MEDICAL ADVANCEMENTS COULD SAVE LIVES
The NCAA announced it will begin talks on how student-athletes will be getting paid for their contributions to the universities financial ecosystem in the next month. In my opinion, unionizing college athletics would be the end to many universities college football teams, simply due to the fact of attorneys attempting to formulate class action lawsuits through manipulation of the player unions. It is not that I do not trust these brilliant young minds that formed these player unions to do what's right, but I believe that there are much better solutions that will begin to take shape in the very near future. Check out the new CFB Today Season II podcast on the breaking news announced by the NCAA, that will start the transformation process of bringing equality and create a dynamic learning environment by clicking the image below. Read the opening to the formula that was derived through the utilization and ever evolving Scout Trout Elite S.T.E.P ratings algorithmic equation, that exemplifies the overall team building philosophy needed to generate revenue for hard working student-athletes & teaches them financial literacy in the process of molding them into successful young businessmen.​

RAETOKEN WHITEPAPER

Click the image below to download the RaeToken whitepaper and learn more about how the network effects of your CFBT token would be formulated. 
paying student athletes, cfb today podcast season ii, raetoken whitepaper
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