Perpetual Sports Network Driving Monetization for Collegiate Athletes
Venuetize and Perpetual Sports Network are working together to create a Content Hub for collegiate athletes to help monetize their Name, Image, Likeness (NIL). The content hub will be connected to Perpetual Sports Network’s proprietary blockchain smart contract platform, a key component to protecting the athlete, providing secure levels of transparency, and additional elements of compliance tracking for colleges and universities. These three pieces come together as a single, integrated solution to protect the athlete, build their future, and provide athletes with the new NIL opportunities.
On the first day that an athlete signs with Perpetual Sports Network, the Perpetual Sports Network’s Content Studio will kick off a content plan that includes robust video storytelling produced by its team of action sports and documentary experts, long-form journalism stories that are unique to each athlete, and social-media content that will share the collegiate experience of each athlete with an audience. At the heart of the Content Hub is the mobile experience platform developed and maintained by Venuetize. Employing Venuetize’s extensive experience developing mobile platforms for specific teams, leagues, and venues, the Perpetual Sports Network app is designed to host the unique content within a subscriber channel. Subscription revenue then flows to the athlete via the company’s digital ledger platform. The guidelines of the digital ledger are pre-loaded to parallel any legal, college, or university regulatory parameters as well in an effort to reduce any additional hinderance on athletic departments.
This mobile experience is designed to allow for the organic integration of paid ads and sponsored content, delivering yet another channel to generate revenue for the athlete, or collegiate institution. Additional media revenue channels include events, email campaigns, third-party audience purchasing plans, and a consumer-facing, fan-centric website. Creating a media enterprise around the athlete versus creating a platform to aggregate the athlete specific content allows Perpetual Sports Network to build lasting value for an athlete, and create a more engaged audience.
The multi-channel media approach makes the athlete the brand, creating a community around them, including their professional organization and educational institution.
Learn more at https://www.perpetualsportsnetwork.com
“Coming together with a singular solution bridging technology and unique studio-level content will create value by protecting the athlete, building their future, and providing turnkey opportunities to monetize their NIL within the rules engine of the final legislation. Working with Venuetize allows us to couple their mobile development and strategy teams to our platform engineers and content specialists immediately. This creates value for both the athlete and our investors on day one”.
-David Glynn, President, Perpetual Sports Network