Top Michigan ATH target Nyckoles Harbor set to participate in new NIL platform Prospex
Fan engagement is the growing avenue of the NIL realm and new companies, like Prospex, are designing innovative approaches for college football enthusiasts to have their voices be heard in this ever-growing age of NIL.
Prospex, launched on Thursday, has released a state-of-the-art platform that will allow fans to help build their favorite school and land the perspective recruits their school is after through the purchase, trading and collection of custom digital trading cards.
“The thing that is most exciting for us is what our vision is, which is empowering athletes and fans to own the NIL space in a way that that serves a real need,” Prospex co-founder Patricia Eiting said. “The idea is that it’s this fun and engaging platform that helps athletes determine which schools are really going to step up and support them. At the same time, it gives fans — for the first time — an active role in participating in helping put their teams together.”
Of the headline participants, 2023 Washington (D.C) five-star athlete Nyckoles Harbor is one of those now partnered with Prospex. There are six trading cards available to buy of Harbor with the featured schools including Michigan, Maryland, LSU, and South Carolina. Harbor is part of the 2023 class who are test running the program as next year’s cycle is going to have a more broadening effort.
Players who are affiliated with Prospex will name up to ten possible schools and fans of those programs are able to purchase a digital card of that player affiliated with the team colors and logo. Once that player choose a respective school, fans who bought that specific card will see 85 percent of the sales go to the player. If the player doesn’t choose a school, fans who bought that specific card will earn 90 percent of their money back.
When a player makes a decision and enrolls at their chosen school, fans will also receive either a physical or web3 collectable version of the card. The web3 collectable versions will have unique 3D motion graphics of the athletes, which is designed by SPARQ Games.
“From our insights work, we can tell you that lots and lots of fans want to participate in NIL, believe in NIL but aren’t necessarily the high profile donors and big boosters that the collectives are really designed to work with,” Eiting said. “We think this gives them a way to step up and help support their teams.”