Blockchain
March 17, 2023
DraftKings Faces Legal Woes as the NFT Market Tanks
DraftKings’ substantial investments into the NFT space have drawn their share of controversy as prices plummet and user interest wanes. The operator also faces a class action lawsuit for allegedly marketing its NFTs as securities without proper registration. DraftKings continues to press on with NFT-based promotions and partnerships and will likely continue to do so […]
Blockchain
March 17, 2023
Playboy’s Ethereum Bid Led to $4.9M in Losses
PLBY Group, Playboy’s parent company, has lost $4.9 million because of the sharp declines across the cryptocurrency space. The company had sold its Rabbitars NFTs for Ethereum, which has now lost much of its value. Playboy launched its NFT line in 2021 and accepted Ethereum as a payment method for the tokens. However, the price […]
Blockchain
December 15, 2022
2022’s AFF Championship Features New NFT-Based Project
Gamification solution developer Low6 joined forces with Web 3.0 technology company Be Media and marketing agency SPORTFIVE to create a new NFT-based fantasy soccer game ahead of the upcoming 2022 ASEAN Football Federation (AFF) Championship. The companies will produce digital collectibles featuring highlights from the AFF Mitsubishi Electric Cup. The NFTs will seamlessly integrate with […]
Blockchain
December 14, 2022
Australian NFT Platform Balthazar Raises Additional $2M Via Token Sale
Australia-based NFT gaming platform Balthazar DAO has raised further financing through a private round of selling tokens, which has increased the company’s valuation. Balthazar Will Invest in Talent Acquisition Striving to be the top NFT gaming platform available in the metaverse, Balthazar DAO has released another Private Round Token Sale, which has helped the company […]
Blockchain
December 7, 2022
Entain with Second NFT Series Promoting Responsible Gambling
Global gambling group Entain announced that the Entain Foundation has launched an NFT auction aimed at promoting responsible gambling. Creative and Fun Way to Promote Responsible Gambling The new NFT series titled “Superheroes of Responsible Gambling” was launched in partnership with the Charles Oakley Foundation, the charity founded by former NBA player Charles Oakley, and […]
Blockchain
November 21, 2022
Sorare and ANJ Agree on the Need for Platform Changes
Sorare and the French gambling authority, Autorité Nationale des Jeux (ANJ), have come to an understanding with the popular NFT collectable issuer agreeing to expand its free-to-play product after the watchdog raised concerns about the current business model. Sorare Demonstrates Regulatory Compliance ANJ has been particularly concerned with making sure that Sorare operates a legitimate […]
Sports
October 21, 2022
Deadfellaz and DraftKings to Roll Out NFT Player Cards
The digital sports entertainment and gaming company, DraftKings, announced a new collaboration with Deadfellaz, the global NFT ecosystem. The first-of-its-kind collaboration will see the launch of new NFT player cards. DraftKings and Deadfellaz Team Up for NFT Card Collection Under the terms of the new collaboration announced on Thursday, 13 professional football players will be […]
Blockchain
September 9, 2022
DraftKings Names Steve Aoki as Brand Ambassador
American sports betting and daily fantasy giant DraftKings has named the famous DJ Steve Aoki as a brand ambassador of its DraftKings Marketplace. The Grammy nominee will promote the operator’s brand and its blockchain-based products. Aoki Will Promote DraftKings’ Blockchain Products As per the agreement, Aoki will promote DraftKings’ Web3 content. The partnership will focus […]
Blockchain
July 25, 2022
Sorare Signs Multi-Year NFT Fantasy Football Partnership With AC Milan
Sorare and AC Milan have announced an exciting multi-year deal in which the company that mixes fantasy sports with digital collectibles will turn into the Italian club’s official Non-Fungible Tokens (NFT) fantasy football partner. The exclusive partnership will benefit both parties, along with the over 500 million AC Milan fans spread all over the world. […]
Blockchain
July 22, 2022
Former PokerStars & Full Tilt Executives to Launch NFT-AI Poker Site
PokerStars’ former director John Caldwell has joined forces with former Full Tilt Poker executive Bob Williams for the launch of an exciting poker platform based on non-fungible tokens (NFT) and artificial intelligence (AI). PokerAces is the name of the much-anticipated site that is meant to cater to the needs of casual players looking for a […]
