PENN NATIONAL GAMING FINISHES $2 BILLION PURCHASE OF SCORE MEDIA PLUS GAMING INC.

PENN NATIONAL GAMING FINISHES $2 BILLION PURCHASE OF SCORE MEDIA PLUS GAMING INC.

October 20, 2021 Off By Steven Anderson

Source : Ayo News

Polygon, the Ethereum-based scaling platform, has announced a blockchain collaboration with digital collectibles ecosystem DraftKings Marketplace. 

The partnership will provide DraftKings Marketplace with a scalable, eco-friendly blockchain enabling added throughput and expanded capabilities. It also gives DraftKings the option to potentially contribute to Polygon’s governance, and help secure the network as a validator node with its own stake pool. 

Discussing the partnership, Paul Liberman, co-founder and president of global product and technology at DraftKings, said: “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. 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.”

While Sandeep Nailwal, co-founder at Polygon, added: “Leveraging Polygon’s technology, DraftKings will be able to expand the variety and capabilities of DraftKings Marketplace for an enhanced user experience with even more exclusive content and drops. 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.”

Since launching in August 2021, DraftKings Marketplace has 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.

Currently, DraftKings Marketplace is available to millions of registered DraftKings customers across the United States and Canada. It is planned to enable collectors to transfer their purchased NFTs to their own wallets on Ethereum Mainnet at some point in the future. 

Polygon Studios was launched in summer to boost awareness and adoption of NFTs, and help the Polygon brand expand further into the blockchain gaming and NFT space. Polygon’s infrastructure now supports over 100,000 gamers, along with some of the top Web 3.0 games and metaverses. Other Polygon partners include Atari, Decentraland, OpenSea, The Sandbox, ZED RUN, and Neon District

Just last week, we reported that Polygon Studios participated in a US$5M seed round for San Francisco-based blockchain game development studio Laguna Games.

Source : Ayo