Business News Report
February 22, 2023

DraftKings and PGA Tour Are Set to Launch an NFT-Backed Fantasy Game

In Brief

DraftKings and PGA Tour announce the launch of an NFT-based fantasy golf game, coming on March 1.

Players will have a chance to compete for shares of million of cash in prizes.

DraftKings and PGA Tour Are Set to Launch an NFT-Backed Fantasy Game

Sports betting platform DraftKings announced the launch of an NFT-backed fantasy golf game. The platform partnered with the PGA Tour, the organizer of professional golf tours, to develop this initiative. 

The next-generation fantasy-style golf game is the extension of DraftKings’ Reignmakers franchise. Reignmakers PGA Tour will allow users to collect digital golfer cards featuring noted golf players. It’s worth noting that the drop is a DraftKings exclusive, so NFT holders will only be able to trade the cards on DraftKings’ marketplace. 

Using the collectible cards from their collections, players will be able to build weekly golf lineups and rack up points based on players’ performances in real life. Competitors will even have a chance to win shares of millions of dollars in prizes every week during the PGA Tour season. 

Reignmakers PGA Tour will go live on March 1. First, the companies will launch the premium Greens Pass NFTs, which grant holders access to season-long rewards and other benefits. Following this, on March 6, DraftKings will release the first set of PGA player cards on its marketplace. Notably, the drop will happen before The Players Championship, which is scheduled for March 9 to 12. 

This is the third fantasy sports game of the DraftKings’ Reignmakers franchise. The company has previously released experiences based on UFC and football. 

Generally speaking, sports-related digital collectibles games are rather popular. In January this year, the NFT-backed fantasy sports game Sorare signed a four-year agreement with the Premier League. In September 2022, the platform partnered with NBA to develop an NFT basketball game. 

Read related posts: 

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Polygon Labs Joins Forces With WSPN To Accelerate WUSD Stablecoin Adoption
News Report Technology
Polygon Labs Joins Forces With WSPN To Accelerate WUSD Stablecoin Adoption
November 22, 2024
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
News Report Technology
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
November 21, 2024
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
News Report Technology
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
November 21, 2024
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
News Report Technology
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
November 21, 2024