By Helen Henrichs
Bentley University minted its first NFTs to celebrate Coach Barbara Stevens’ induction into the Naismith Memorial Basketball Hall of Fame. NFTs, or non-fungible tokens, are digital collectibles that are bought and sold on blockchains using cryptocurrencies. Bentley is one of the first universities to explore this new technology, creating two NFTs that feature special moments in Stevens’ long and impressive coaching career.
Bentley auctioned one special edition NFT commemorating Stevens winning her 1,000th game, which made her one of only 11 coaches in NCAA history to reach that milestone. The university created another NFT that shares words of wisdom from Stevens, with copies of the digital asset still available in the crypto collectible marketplace OpenSea.
Associate Athletics Director Courtney Finn ‘13, MBA ‘15, a captain of the 2014 Bentley women’s basketball team that won the NCAA Division II national championship, was one of the first to buy the new Bentley NFT using the cryptocurrency Ethereum. She bought it for .003 Ether, which converts to about $8.33. “I think it’s pretty unique to own a piece of Bentley history in a new form such as an NFT,” said Finn. “Coach Stevens and Bentley University women’s basketball mean a lot to me and it’s exciting to see that the university is honoring her in this way.”