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The launch of Champions Circle on the Solana network is the next step in University of Michigan’s storied history of innovation and excellence. As the first Name, Image, and Likeness (NIL) collective on the blockchain, we are proud to revolutionize how alumni and fans alike are able to contribute to the empowerment of student athletes like never before. Go Blue! - Tokenomics - As the trusted face of Michigan alumni in the crypto space, an endowment of 10% of the supply will be controlled by Dave Portnoy. It is at his sole discretion to use said tokens as he sees fit to support University of Michigan Athletes through the Champions Circle NIL Collective.