myNILpay 1.1.1

myNILpay is a pioneering digital platform that facilitates NCAA-compliant direct payments from fans to college student athletes. Catering to over 1,000 schools and 500,000 NCAA athletes, this platform presents an opportunity for student athletes across all levels and divisions (D1-D2-D3), as well as various sports and genders, to monetize their Name, Image, and Likeness (N.I.L.).

HOW IT WORKS:

1. The fan selects the athlete to receive funds.
2. An email is sent directly to the athlete's school email address ending in .edu.
3. The athlete accepts, and the funds are deposited directly into their bank account. It's that simple.
4. No further action is required from the athlete.

FOR STUDENT ATHLETES:

N.I.L. monetization has historically favored high-profile players in revenue sports, overlooking the 450,000+ student athletes participating in various sports across all levels of competition. myNILpay aims to support all student athletes who have a network of family, friends, alumni, hometown supporters, social media followers, or anyone willing to assist them during their college journey. Additionally, myNILpay will offer direct assistance with services such as tax filings, career guidance, wealth management, N.I.L. education, and financial literacy resources to eligible athletes using the application.

FOR BUSINESSES & CHARITIES:

myNILpay serves as a centralized platform for businesses and charities to connect with student athletes and explore traditional sponsorship opportunities. By streamlining the process and enhancing financial benefits for both parties, myNILpay aims to boost collaboration while removing transactional barriers.

COMPLIANCE:

myNILpay ensures athlete compliance by monitoring transactions and submitting monthly reports to their respective schools. Through this approach, myNILpay also safeguards fans from potential issues associated with questionable or illicit N.I.L. transactions by facilitating taxable transactions.