• Web3 is explored in further depth by Draft Kings

  • DraftKings is one of the world’s most popular sports betting platforms, and they are poised to become an essential Polygon validator.

    A Decade of Innovation at DraftKings

    DraftKings is an American sports betting website where customers can engage daily and weekly sports events to win money. One of the most fascinating aspects of DraftKings is that they devote a significant portion of their resources to fantasy sports. DraftKings users may create fantasy teams and receive points based on the performance of real-world athletes in a variety of sports, including the NFL in North America, the UEFA Champions League in Europe, Mixed Martial Arts around the world, and more.

    Another feature that distinguishes DraftKings is their marketing; many of us reading this may be familiar with the DraftKings name even if we have no interest in sports betting. This company’s marketing initiatives have helped it stand out from the pack and reach a larger audience. Since its inception in 2010, DraftKings has established itself as one of the most dependable and inventive firms in the United States and around the world.

    DraftKings debuted its DraftKings Sportsbook in New Jersey in August 2018, and it has since extended to more than eight states in the United States. Draftkings has been working on a plan to become a prominent player in the Web3 industry with the support of Zero Hash since October 2021.

    DraftKings is an NFT and Polygon Validator powerhouse.

    DraftKings announced a relationship with Zero Hash, a digital asset business, on Monday, March 7, 2022, with the goal of becoming DraftKings a Polygon Validator. As a result of this agreement, it will become one of Polygon’s major governors.

    “Participating in validation helps DraftKings’ overall aim of building out a robust, sustainable, trustworthy, and decentralized infrastructure to help future-proof portions of our business in the Web 3 age,” said Paul Liberman, DraftKings’ head of global tech and product.

    Draftkings has a booming NFT marketplace based on Polygon that will start in August 2021 as a result of a relationship with NFL legend Tom Brady. DraftKings has released 116 NFT collections totaling more than $44 million in sales revenue since its inception. DraftKings has chosen to cooperate with Zero Hash, a business-to-business platform, on their endeavor to integrate NFT and crypto tokens into its clients’ platforms.

    Polygon is the platform of choice for the sports world.

    The Draftkings NFT initiative isn’t the only Polygon-based sports-related NFT project. In more ways than one, Polygon has emerged as the platform of choice for sports collecting platforms. A cursory assessment of Polygon’s value offer reveals why sports platforms choose it; among the reasons are its fiat-compatible marketplace, cheap fees, and more.

    DraftKings demonstrates that it is ready to go deeper into the Web3 world, and the changes they have made in recent months appear positive for what the future may bring for this sports betting company.

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