Datavault AI (NASDAQ: DVLT) announced today that former Major League Baseball star Darryl Strawberry has signed as a brand ambassador for Datavault NIL Vault ("NILv"), the company's upcoming name, image and likeness ("NIL") exchange platform. Under a services agreement, Strawberry will create promotional content, participate in marketing initiatives and share in revenue generated through his content, while Datavault AI will provide platform support, activity tracking and revenue attribution.
The company said NIL Vault is designed to enable athletes and other public figures to measure, monetize and retain an ongoing interest in the value generated by their name, image and likeness. Strawberry joins the platform ahead of its commercial launch as Datavault AI continues expanding its portfolio of specialized data exchange platforms and expects to announce additional ambassador and content agreements.
This partnership highlights Datavault AI's push into the growing NIL market, which has expanded significantly since the NCAA allowed college athletes to profit from their NIL in 2021. The platform aims to provide a secure way for public figures to track and monetize their digital presence. By attaching physical real-world objects to immutable metadata through its Information Data Exchange, the company fosters responsible AI with integrity.
Datavault AI's cloud-based platform offers solutions across its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features WiSA, ADIO and Sumerian patented technologies for spatial and multichannel wireless, high-definition sound transmission. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization.
The company's technology serves multiple industries, including sports and entertainment, events, biotech, education, fintech, real estate, healthcare and energy. For more information, visit the company's newsroom at https://ibn.fm/DVLT and the full press release at https://ibn.fm/QMAZM.
Datavault AI is headquartered in Philadelphia, PA. Learn more at https://dvlt.ai. This announcement underscores the importance of NIL platforms in helping athletes and public figures retain control over their digital identities and generate ongoing revenue from their likeness.
