Polygon Partners With DraftKings For A Blockchain Agreement

For its latest initiative, the US sports betting behemoth plans to construct a scalable blockchain system leveraging Polygon technology.


Polygon, an Ethereum-based scaling platform that has onboarded millions of people to Web 3.0, has announced a blockchain partnership with DraftKings Marketplace, a digital collectibles ecosystem created by DraftKings for mainstream accessibility, to support custom NFT drops and secondary-market transactions.

DraftKings Marketplace now has a scalable, environmentally friendly blockchain technology that allows for more throughput and expanded capabilities.

In addition, as a validator node with its own stake pool, DraftKings now has the ability to possibly contribute to Polygon’s governance and assist secure the network.

“Scalability and sustainability remain among the critical challenges of blockchain technology, so as we lay the groundwork today for the vision of DraftKings Marketplace tomorrow, the vast insights and proven products from Polygon around scalable solutions are invaluable,” STATED DRAFTKINGS’ co-founder and president of worldwide product and technology, Paul Liberman.

DraftKings would be able to engage in the Polygon blockchain main network’s proof-of-stake consensus protocol to produce blocks, join Polygon’s governance, and contribute to network security as a leader in Polygon’s future with the option of becoming a validator.

Co-Founder and Board Member at Code to Inspire John Lilic who’s famous for his critics and on face opinions on Twitter, posted a tweet regarding the collaboration.

Since its introduction in early August, DraftKings Marketplace has already hosted Autograph’s Preseason Access Collection NFT drops of legendary players like Tom Brady, Wayne Gretzky, Naomi Osaka, Simone Biles, and Derek Jeter, which all sold out practically instantly.

The Polygon brand has extended further into the blockchain gaming and NFT industry with the creation of Polygon Studios earlier this summer to raise awareness and adoption of NFTs.

Polygon’s infrastructure serves over 100,000 blockchain gamers, as well as popular Web 3.0 games and metaverses, all of which contribute to high-quality gameplay.

Polygon’s collaboration with DraftKings Marketplace is the latest major partnership for the company, which also includes Atari, Decentraland, OpenSea, The Sandbox, ZED RUN, Neon District, and others.

ABOUT DRAFTKINGS

DraftKings Inc. is a digital sports entertainment and gaming firm that aims to feed sports fans’ competitive spirit through daily fantasy sports, regulated gambling, and digital media. DraftKings is the first vertically integrated sports betting provider based in the United States, and it was founded in 2012 by Jason Robins, Matt Kalish, and Paul Liberman. DraftKings is a multi-channel provider of sports betting and gaming technologies, enabling operators in 17 countries to offer sports and gaming entertainment.

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