An NFT is a digitized, authenticated token that is linked to a digital asset and is recorded on a blockchain. Typically, the blockchain does not store the actual tokenized work because it is too large. Blockchain protocols that support smart contracts are popular because they can offer both a cryptocurrency that can be used to make payments and a programming language that can support “smart contracts” that facilitate blockchain transactions. (“Smart contracts” is a bit of a misnomer; in our opinion, a more accurate description would be “blockchain applications.”)
The “nonfungible” aspect of the NFT determines its value because the purchaser is purchasing an authenticated digital asset, similar to a certified nondigital asset, such as an autographed painting or a signed baseball card. When one buys a painting or a baseball card, no copyright rights are usually transferred, and the same is true for an NFT. The first publicly available tweet was recently sold as an NFT for $2.9 million. Because he was the author of the tweet, Jack Dorsey was able to verify its authenticity and avoid any claims of copyright infringement.
Triple Crown – 60 tokens
HoF – 1,000 tokens
MVP – 3,080 tokens
RBS Members (MVP, Hall of Fame, or Triple Crown) will have presale opportunities to mint player card NFTs, then on the drop date they will be released to the public to mint.
Jared is a Trusted Advisor to professional baseball players. He studied Business Administration and Accounting at Wagner College and graduated in 2011. As a NCAA Division I student-athlete he played baseball for the Seahawks and was named to the All-Conference Academic Team. In 2011 he began his career in financial services and continues to build a respectable financial practice. He founded Gruccio Financial in 2018, an independent Comprehensive Financial Services group. In 2022, he started Clement Tax Services, a consulting firm for high net worth individuals and businesses.
Jared’s innate interest in business and entrepreneurship has led him to also pursue roles as a community leader by volunteering time to serve as Board Director of the Greater Vineland Chamber of Commerce, Advocacy Committee Liaison of the GVCC, and “Make A Point” Podcast co-host.
He enjoys spending time with his Son, Carter, snowboarding, traveling, and watching Formula One.