Rising football star Kayvon Thibodeaux to launch his own crypto
- Rising football star Kayvon Thibodeaux announced recently that he aims to launch his own cryptocurrency.
- The coin, known as JREAM, will be launched in partnership with a social token platform Rally.
- Thibodeaux also stated that he would donate 20% of the initial supply.
The world of sports gets another very strong tie to the cryptocurrency industry thanks to Kayvon Thibodeaux — a highly-touted edge rusher from Oregon. Thibodeaux announced his decision to launch his own cryptocurrency, making him the first football player to do so, and the second college athlete to go down this path.
Thibodeaux is also a notable individual in the world of football as he is a potential top pick in the 2022 NFL draft. In other words, he has the eye of the public on his back almost all the time at this point. So, he decided to use this publicity in the best way possible — launch his own cryptocurrency in partnership with a social token platform, Rally.
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His upcoming token, JREAM, will allow those who buy it to access Thibodeaux’s private Discord channel, as well as exclusive merchandise.
From NFTs to his own coin — Kayvon Thibodeaux delves deeper into crypto
As mentioned, Thibodeaux is the second college athlete to pursue his own coin, just after Jaylen Clark, who also partnered with Rally.
However, this is not the first time that Kayvon Thibodeaux got involved with the crypto sector. Previously, he was working on an NFT with Nike founder Phil Knight and Tinker Hatfield, a known sneaker designer.
Still, that does not make this new venture any less exciting for him. In fact, he says that he is the most excited about the community aspect, as he sees this as more of an investment into the fans and the community than putting money in cryptocurrencies.
To prove this, he pledged 20% of his initial token supply, as well as 100% of weekly activity rewards to JREAM Foundation. As some may know, this is his own organization that aims to empower underprivileged youth through education.