Jaden Rashada included in initial release of Prospex

Florida quarterback commit Jaden Rashada is included in the first round of Prospex’s new NIL trading card program.

Prospex is launching a new NIL platform, which allows passionate college sports fans to purchase, trade, and collect digital trading cards of their favorite prospective college athletes.

“Prospex has the potential to totally transform the way NIL works for college athletes – allowing everyday fans to show direct support to the athletes considering their school. Most importantly, it offers athletes an open, transparent way to assess and capture their true NIL value at the schools they are considering,” says Patricia Eiting, one of Prospex’ founders.

Prospex’s NIL platform connects fans and players through the digital sale of a playing card. Players will name up to 10 possible programs, and fans will be able to buy a card of a player and that team

When a player commits and enrolls at that school, fans who bought the card will receive a physical or web3 collectible version of the card. Fans of schools who lost the recruitment battle can turn the card in and receive 90% of their money back.

“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.”

About Jaden Rashada

Rashada is a trendsetter on the field and off the field. On the field, he’s one of the most decorated high school quarterbacks in the country after throwing for more than 2,000 yards and 25 touchdowns at Pittsburg, the 2021 North Coast Section Division I champions. Off the field, he became one of the first-ever high school athletes to make money off his NIL when he inked a four-figure endorsement deal with recruiting app AIR (Athletes in Recruitment).

Rashada is UF’s highest-rated quarterback commit since Feleipe Franks in 2016. Only one recruiting service, however, had Franks higher than Rashada’s current On3 Consensus ranking of 60.

Prior to relocating to Gainesville shortly after the New Year, Rashada will be taking part in the Under Armour All-America Game in Orlando. Nearly a dozen UF commits will be lacing up the cleats that week, so you can expect a whole lot of live coverage from Gators Online.

Gameplay details

• Fans show their support to prospective athletes by collecting school-specific digital trading cards.
• Fans fund their Prospex wallet using a credit or debit card, and explore the Prospex marketplace to find and back the prospective athletes considering their college team.
• If an athlete selects their school for enrollment, their digital trading card will be  minted as either a physical or web3 collectible to collect, trade or sell. For those going the digital route, Prospex is partnering with Sparq Games to create unique animated 3D Motion capture NFTs.
• If the athlete doesn’t sign at their school, fans can trade in, get their money back and support another athlete.
• Athletes can select up to 10 schools of interest and create digital trading cards for each school.
• Athletes earn 85% of card sales for the school they ultimately sign with.
• Prospex is launching a limited marketplace for 2023 Football recruits, 2024 Football recruits, mens and womens basketball and other college sports all coming soon.