UCLA player taps social tokens
🏀 Congratulations @jayl7en on becoming the first NCAA athlete to launch a cryptocurrency 🏀 pic.twitter.com/xhnhtU25xK
— rally_io (@rally_io) September 9, 2021
$107,082.00
1.87%$2,579.79
2.28%$2.24
4.10%$654.03
1.15%$151.23
-0.28%$0.999802
0.00%$0.274434
0.64%$0.173821
0.27%$2,578.50
2.23%$0.633806
1.19%$42.50
4.40%$106,971.00
1.79%$3,111.13
2.26%$3.01
0.91%$472.30
3.61%$13.65
3.40%$9.26
-0.06%$0.261999
2.03%$19.22
1.42%$51.80
30.71%$2.98
0.65%$0.999893
-0.01%$0.00001197
0.31%$2,758.25
2.14%$2,579.50
2.23%$87.26
2.00%$0.154577
0.53%$1.00
0.02%$325.21
3.07%$3.87
1.98%$0.999854
0.00%$4.53
0.38%$107,072.00
1.80%$7.55
6.87%$0.00001059
-3.16%$0.582855
-2.74%$278.93
2.36%$1.18
0.01%$365.16
0.11%$51.53
-0.53%$4.71
4.55%$5.45
-0.57%$1.00
0.00%$2.28
3.24%$0.090562
0.14%$32.93
1.46%$182.97
-0.26%$17.09
3.52%$1.055
0.02%$0.790128
0.32%$0.999643
-0.13%$0.61772
0.08%$0.07669
5.59%$16.46
-1.19%$9.77
-1.01%$0.02236632
1.45%$0.089535
2.06%$4.44
-0.12%$4.18
2.58%$106,507.00
1.42%$0.299361
0.11%$0.201455
2.24%$0.689953
-0.32%$3.43
0.14%$2.48
3.23%$0.323097
0.01%$2,579.13
2.36%$1.001
0.10%$0.953435
-1.39%$105.27
-0.62%$4.45
0.11%$0.176563
0.95%$0.997346
-0.11%$0.999879
0.03%$11.16
-0.17%$1.48
1.91%$160.11
-0.01%$0.419048
-1.21%$1.23
1.36%$2,935.90
2.27%$0.0179921
0.12%$1.84
2.39%$2,699.66
2.28%$1.72
-0.66%$1.16
-3.06%$0.00001491
0.43%$11.72
4.42%$0.339659
3.94%$1.00
0.02%$0.591443
0.83%$3.50
-2.09%$0.9998
0.06%$0.649291
5.67%$0.177307
1.50%$0.01546954
3.37%$0.059151
0.05%$2,752.37
1.99%$0.999679
0.02%$2,703.64
2.23%$0.155803
2.23%$107,014.00
1.95%$653.97
1.13%$106,910.00
1.95%$2,710.34
2.32%$0.843759
0.19%$0.088159
2.98%$3,429.28
-1.21%$3,404.16
-1.23%$108,001.00
0.76%$0.530255
0.99%$0.610158
3.29%$0.44446
-1.90%$1.11
0.02%$168.93
-0.14%$0.00007794
1.22%$0.834148
3.43%$196.74
-0.42%$2.29
-0.58%$2.17
-1.30%$2,787.10
2.30%$111.45
0.02%$0.709019
2.69%$42.69
-1.01%$20.69
2.73%$0.01510111
1.57%$0.999528
0.03%$0.00000067
1.87%$0.794143
8.89%$0.268746
3.09%$0.170869
1.05%$4.01
9.91%$32.70
5.16%$0.01020798
6.22%$0.01316224
1.77%$1.094
0.01%$0.108427
4.09%$0.462318
0.64%$42.44
4.13%$0.997861
-0.00%$106,856.00
0.28%$0.565614
1.90%$0.58382
0.34%$2.18
3.92%$0.532779
10.24%$2,579.52
2.37%$2,581.04
2.31%$0.354614
1.84%$0.999057
0.11%$106,728.00
1.76%$0.672574
1.35%$0.204234
0.60%$1.52
1.90%$2,756.79
2.06%$2,674.05
-0.28%$107,049.00
1.94%$2,579.52
2.28%$0.267329
3.09%$8.82
0.73%$0.01468499
12.17%$42.43
4.12%$0.997547
-0.10%$54.28
4.55%$0.435778
2.85%$1.46
4.63%$2.43
-2.25%$0.173458
-0.19%$0.0448912
0.52%$1.53
-5.79%$0.061082
-2.13%$0.999802
0.01%$1.00
0.06%$38.18
1.73%$0.35062
6.23%$0.00000042
-0.13%$0.122658
4.19%$1.009
1.28%$1.09
0.07%$1.091
3.47%$0.517392
0.82%$0.404531
0.99%$0.99971
-0.02%$0.00465666
11.54%$0.40916
-2.40%$14.15
2.41%$5.68
2.53%$0.00680208
6.25%$2,737.37
2.12%$0.00001962
-2.42%$0.076424
3.87%$2,576.10
2.15%$0.533139
1.01%$2.36
2.63%$0.00379773
6.84%$5.80
-1.61%$0.997333
-0.38%$0.00000095
6.62%$0.142095
-0.50%$1.19
-4.47%$0.03685662
-2.84%$2,843.80
2.29%$0.887675
-2.93%$0.03700689
2.83%$0.139289
1.16%$0.00376169
-6.17%$1.42
3.42%$0.01774997
-0.18%$2,816.47
2.30%$106,882.00
1.72%$0.337769
-2.39%$0.160915
-1.05%$2,580.63
2.36%$106,840.00
2.24%$0.507472
3.71%$0.00006033
-0.02%$0.785641
1.62%$0.03297532
0.75%$19.81
0.75%$1.19
-2.52%$164.36
-0.93%$0.00379239
1.56%$0.999742
-0.01%$0.00000154
-1.43%$0.998887
-0.00%$0.067799
1.23%$0.999456
0.13%$0.316529
-0.42%$2,577.83
2.21%$115.35
0.59%$0.00570682
-0.78%$19.21
1.42%$0.201398
2.05%$0.645895
4.57%$0.99987
-0.02%$107,102.00
2.07%$1.004
-0.69%$1.77
0.86%$0.631142
1.80%$0.01881345
-1.26%$1.018
-0.02%$0.197653
2.51%$2,150.04
1.89%$9.20
3.37%$104,125.00
2.06%$6.51
-3.52%$0.00385782
5.27%$105,232.00
2.49%$15.35
2.05%$0.432278
0.30%Reading
UCLA Bruins men’s collegiate basketball player Jaylen Clark may still only be a substitute, but the sophomore guard is hoping to net MVP status in the crypto world through his upcoming cryptocurrency launch called JROCK.
Clark announced JROCK to his 60,000 Instagram followers in a screengrab of an ESPN article, which he posted on Thursday.
This year, the National Collegiate Athletic Association (NCAA) instituted new policies enabling college athletes in the association to make big money deals that capitalize on their name, image, and likeness (NIL).
Clark’s entry into crypto is a direct result of these changes, and Clark is the first college athlete to have headed squarely for crypto.
The new rulings have attracted moderate criticism, with some analysts suggesting college players are likely to abandon their educations, and thus their college teams, to chase the carrot of lucrative franchise deals.
Clark partnered with tokenization platform Rally to create JROCK. Rally is a no-code platform that lets creators launch their own social tokens. Social tokens are personalized cryptocurrencies that followers of an influencer, or in this case college athlete, can buy and redeem for goods and services, or hold to gain access to exclusive privileges.
🏀 Congratulations @jayl7en on becoming the first NCAA athlete to launch a cryptocurrency 🏀 pic.twitter.com/xhnhtU25xK
— rally_io (@rally_io) September 9, 2021
Those who buy JROCK—which currently trades for a price of $0.54, down six cents from its launch price—can expect access to special ticket giveaways, exclusive merchandise, or the chance to appear in one of the rising star’s YouTube videos, which go out to 23,000 subscribers.
In December 2020, rapper Lil Yachty released his own YACHTY cryptocurrency through the Swedish tokenization platform Fyooz.
Similar to JROCK, the token gives holders a range of exclusive benefits, including the chance to appear in a Lil Yachty music video, have a virtual meet-and-greet, a Tik Tok collaboration, or a follow back on social media.
The question remains: Now that the NCAA is approving it, will more college athletes be minting crypto in the near future?
JPMorgan Chase has filed for a Web3 offering called JPMD with the U.S. Patent and Trademark Office, stoking speculation the U.S. investment bank is planning to launch a stablecoin. The trademark application, filed on June 15, describes a project that entails “trading, exchange, transfer and payment services for digital assets” issued on blockchains. The U.S. PTO has accepted—but not yet approved—the proposal. The filing neither uses the word stablecoin, nor describes plans to issue a digital a...
Donald Trump’s crypto holdings were his second biggest source of income last year—and that was before the president retook office and made billions more off the sector from the White House. According to annual financial disclosure forms filed Friday with the United States Office of Government Ethics, Trump made over $58 million from crypto ventures in 2024. The vast majority of that revenue came from sales of WLFI, the governance token issued by World Liberty Financial, the Trump family’s crypt...
President Trump rolled out the U.S. Army in a military spectacle that drew thousands of attendees on Saturday and cost upwards of $45 million. As armed troops marched through Washington, D.C., a special acknowledgement echoed through the sound system, thanking crypto exchange Coinbase for sponsoring the event. The moment has been viewed millions of times on X alone, with Coinbase facing considerable criticism from crypto users. Peter Saddington, who claims to have bought Bitcoin as early as 2011...