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HomeUpcoming NFTNFT News: DraftKings Partnering with Zero Hash to Earn Staking Rewards on...

NFT News: DraftKings Partnering with Zero Hash to Earn Staking Rewards on Polygon

The world is expanding Draft Kings It is expanding accordingly. As NFTs continue to grow, these daily articles serve as a hub for the latest news and notes in the space.

If you are new to Metaverse, Quick breakdown What are NFTs and how they work.Read me for those who want to participate in the game article How to set up your MetaMask wallet.

DraftKings Web3 extensions will continue. Sports technology and entertainment companies are now working with ZeroHash to bet their digital assets on Polygon.

Through this partnership, DraftKings will be one of the first corporate validators on the blockchain, contributing to Polygon’s security and corporate governance.

“Participating in validation supports DraftKings’ broad strategy of building a robust, sustainable and reliable decentralized infrastructure to support the future side of the business in the Web3 era,” DraftKings said. Co-founder Paul Liberman of the company Press release..

Staking is the process of transferring tokens to a validator for a specific period of time in order to receive an award when another transaction is validated.

Sandeep Nailwal, co-founder of Polygon, expressed excitement for the partnership and the future role DraftKings will play in the blockchain ecosystem.

“As a validator, DraftKings will play a more active role in the Polygon ecosystem, ensuring blockchain integrity and protecting the network. DraftKings can be used as a validator for Polygon. I’m excited, “said Nailwal.

This is DraftKings’ latest Web3 venture as DraftKings continues to expand its metaverse.

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