
Please try another search
DraftKings (NASDAQ:DKNG) has teamed up with the National Football League Players Association (NFLPA) to offer gamified National Football League player NFTs as part of its marketplace. The NFLPA announced the debut of a gamified nonfungible token, or NFT, collection on DraftKings Marketplace during the 2022–2023 NFL season, in conjunction with sports betting operator DraftKings Inc. According to the corporation, fans can play NFT-based games featuring their favorite NFL players beginning next year.
OneTeam, the NFLPA's official media business partner, aided in the agreement with DraftKings, providing them with the essential license rights to utilize active NFL players' names, images, and likeness. "The future of fandom is unfolding in front of us," Beth Beiriger, senior vice president of product operations for DraftKings Marketplace, said in a statement on the company's website. "Few organizations outside of DraftKings are as equipped to capitalize on the increasing intersection between sports and NFTs that will be cornerstones of engagement and entertainment within Web 3.0."
Also Read: Gravity Sport, a leading-edge NFT marketplace, becomes a second partner of Parma Calcio 1913
The DraftKings Marketplace launched its debut Tom Brady NFT collection in August, collaborating with Autograph, the NFT platform co-founded by Brady. Aside from NFTs, Brady showed his support for cryptocurrency by awarding a fan 1 BTC for his 600th touchdown pass. According to the statement, customers will be able to buy and sell items over the Polygon network and utilize them in games against other players.
According to Sean C. Sansiveri, general attorney and head of commercial affairs at NFL Players Inc., the NFLPA's marketing and licensing arm, the purpose of the DraftKings NFT experience are to "establish true connections for devoted fans." Recently, The NFL also announced a partnership with Ticketmaster to link NFT items to specific game tickets when they are purchased, highlighting the pro sports league's widespread usage of blockchain technology.
Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading. The...
It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the...
Today, FORTUNE announced the 68th FORTUNE 500, its annual list of the largest corporations in the United States, ranked by revenue for the 2021 fiscal year. The revenue...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.