DraftKings Dumps NFT Business, Citing Legal Developments

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

business"effective immediately," the company said in an email to customers, ending a high-flying crossover between digital collectibles and sports culture.

DraftKings entered the NFT business in mid-2021 after noticing its"golden" customers were embracing digital collectibles from NBA Top Shot and other projects, co-founder Matt Kalish said last year in a Though collectors' appetite for plain Jane NFTs had fizzled by 2022, DraftKings stuck with web3 via Reignmakers: a fantasy sports game powered by NFTs. On the Ark podcast Kalish said it captured all the things DraftKings customers loved, from day-trading to fantasy gaming.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in AU

Australia Australia Latest News, Australia Australia Headlines