DraftKings and Polygon Sign Strategic Blockchain Alliance

 DraftKings has announced that it has reached a blockchain collaboration agreement with Polygon, an Ethereum-based scaling platform that brings millions to Web 3.0
DraftKings reports that this agreement provides the DraftKings Marketplace with a scalable and green blockchain solution that enables additional performance and expanded capabilities. Additionally, DraftKings now has the option to potentially contribute to the governance of Polygon and help protect the network as a validator node with its own stakeholder.

Paul Liberman, co-founder and president of global product and technology at DraftKings, explains that Polygon's extensive knowledge and proven products regarding blockchain technology are invaluable going forward. For this reason, "Although DraftKings Marketplace is still in its nascency, we are bullish on the possibilities that blockchain, NFTs, cryptocurrency and more will present as we prepare for Web 3.0 alongside Polygon and the new innovations ahead for digital collectibles."

It should be noted that, since launching in early August, DraftKings Marketplace has already hosted Autograph’s Preseason Access Collection NFT drops of iconic athletes featuring Tom Brady, Wayne Gretzky, Naomi Osaka, Simone Biles and Derek Jeter, all of which sold out almost immediately. DraftKings Marketplace is available to millions of registered DraftKings customers across the U.S. and Canada, and these collectors will eventually transfer purchased NFTs to their own wallets on Ethereum Mainnet.

On the other hand, Sandeep Nailwal, co-founder of Polygon, refers to the immense possibilities that the association offers to the user experience and says: "DraftKings Marketplace already provides fans and collectors with a seamless way to buy and resell authentic digital collectibles within a highly accessible ecosystem, so we look forward to being part of its continued growth.”
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