DraftKings Co-Founder Matt Kalish Explains Why the Betting Site Is Serious About NFTs


DraftKings co-founder Matt Kalish turned personally infatuated with non-fungible tokens (NFT) earlier this 12 months. He’s now serving to his sports activities betting big navigate digital collectibles. It’s one among the few publicly traded corporations with an on-platform NFT market. This week on “Opinionated,” Danny, Ben and Anna be taught extra about the Bored Ape Yacht Club-owning president of DraftKings.

In a wide-ranging dialog, the hosts spar over what makes an NFT beneficial, whether or not elementary tech specs matter, and why it’s essential to see huge names like DraftKings leaping in. Non-fungible tokens are greater than a part, Kalish says: They’re a brand new means of buying and selling and proudly owning items on-line.

Kalish, who has lengthy cherished sports activities collectibles, thinks NFTs are a pure evolution of the baseball card period. His platform is primed to take a hefty reduce. It has signed up a protracted line of A-list athletes in a few of their first NFT offers. That contains Tom Brady, the five-time Super Bowl-winning quarterback who sat by means of a number of classes of digital autograph signing for DraftKings’ NFT debut.

The gang learns extra about Kalish’s philosophy and DraftKings’ crypto plans. Is this a one-off act by the profitable gaming outfit? Or is crypto right here to remain, with NFTs solely the vanguard? Listen to the newest version of the “Opinionated” NFT collection to seek out out.

This episode was produced, introduced and edited by Michele Musso with further manufacturing assist from Eleanor Pahl. Our theme track is by Elision.