Navigating a New World of NFT’s and NIL’s

What the heck is an NFT? What about an NIL? Do you know? Should we care? Well, today, on the From the Touchline podcast, we dive into a new world where many things seem to be spelled out in three letters or less! For those that don’t know, an NFT is a non-fungible token and NIL stands for Name, Image, and Likeness — these are two hot topics right now in sport, and especially in soccer. The two are linked and perhaps a bit infamously as there is a real lack of clarity around what these things are and how they affect people and even the game at this point. I am certainly no expert, but we need to dive into the subject and this is the start of what is likely to be a much longer conversation. Here are some of the links to different articles and such that I mention on the podcast: The Athletic story on the Ajax Team which bought and sold NFT’sIconsource.com’s article on NIL as a bit of a primer The Slate article on how the NCAA has recently issued a “guidance” on NILArtNet News story on Sotheby’s sale of the first NFT, QuantumProverbs 29 (NIV); Proverbs 29 (The Message) From the Touchline is a short-feature (10-15 min) podcast with me, Rev Brad Kenney, Founder and Executive Director of Soccer Chaplains United and Volunteer Chaplain to the Colorado Rapids of Major League Soccer. Myself and occasional guests touch on various issues around the topics of faith, family, and football (soccer). Also, don’t forget that you can listen to the podcast in our app, SoccrChapUtd, which you can find in the Apple and Google store.