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DraftKings Market has partnered with Ethereum-based scaling platform Polygon to broaden its blockchain capabilities and foster mainstream adoption of custom-made NFTs. On the identical time, the distinctive addresses on the Polygon community have gone to a brand new document above 100 million.
DraftKings Positive aspects Entry to Polygon
Following the partnership, DraftKings now has entry to a scalable and eco-friendly blockchain resolution, the agency famous in a latest announcement.
Paul Liberman, co-founder and president of world merchandise and know-how at DraftKings, famous that scalability and sustainability appear to be the best problem of most blockchain networks, which is why his agency has targeted on Polygon.
“[However,] as we lay the groundwork at present for the imaginative and prescient of DraftKings Market tomorrow, the huge insights and confirmed merchandise from Polygon round scalable options are invaluable,” Liberman stated.
By tapping Polygon’s know-how, DraftKings will enhance the capabilities of its NFT market, giving customers an enhanced expertise, together with entry to unique non-fungible token collections, Sandeep Nailwal, co-founder at Polygon stated.
In August 2021, DraftKings Market was established in partnership with Tom Brady’s NFT platform Autograph. It affords customers the chance to purchase and promote sports activities collectibles from a few of the hottest athletes similar to Usain Bolt and Simon Biles, the U.S. gymnast.
DraftKings to Grow to be a Polygon Validator
Below the partnership, DraftKings famous that it has the choice of changing into a validator on the Polygon community, which can permit DraftKings to create blocks and authenticate transactions utilizing a proof-of-stake (PoS) consensus protocol.
Moreover, ought to DraftKings settle for to change into a validator on Polygon, it will present infrastructure safety for the community and in addition cut back the financial value of transactions.
Polygon’s NFT Imaginative and prescient
The partnership occurred to return at a time when Polygon was steadily shifting its focus to NFT improvement.
Earlier this yr, Polygon introduced the launch of Polygon Studios, an initiative that may focus completely on blockchain-backed recreation developments in addition to non-fungible tokens.
The concept is to make the community attractive and entice extra customers into adopting its services.
MATIC Holders Surges
To this point, the initiative appears to be in favor of Polygon because the variety of addresses presently holding the community’s native token MATIC has continued to rise.
Per information from Polygon Scan, there are presently over 100 million distinctive addresses holding the cryptocurrency, with the very best variety of new account sign-ups recorded on September 23, 2021, the place 2.5 million addresses have been added.
Polygon Community Addresses. Supply: Polygonscan
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