DraftKings MarketPlace Review April 2024

Chris Altman Sports Betting Expert

12 minute read

Online Sportsbooks · DraftKings · DraftKings Marketplace

In late 2021, DraftKings revealed plans to launch a Marketplace to make NFT (Non-Fungible Tokens) collectibles accessible to the mainstream. This DraftKings Marketplace review will go over what will be available in this digital collectibles ecosystem and what services will be offered.

Non-Fungible Tokens, or NFTs, are virtual tokens indicating ownership of an item that is either scarce or unique. An NFT Marketplace is the only platform to trade, create, store or display these tokens.

However, the majority of NFT Marketplaces have one failing: you need a crypto wallet compatible with the blockchain network for the NFT you wish to buy. So, you need multiple crypto wallets.

DraftKings Marketplace is one where you don’t need a crypto wallet, and you don’t have to worry about compatibility.

With DraftKings Marketplace, all customers can buy, sell, and trade for sports, entertainment, and cultural digital collectibles. However, DraftKings Marketplace is also the only distributor of sports NFT content from Autograph; Autograph is the only NFT platform licensed to sell digital collectibles of prominent athletes and celebrities.

Updated on : 04/25/2024

DRAFTKINGS MARKETPLACE PROS AND CONS

Here are the advantages and disadvantages we found for DraftKings Marketplace:

PROS

The DraftKings Marketplace app is available to download on the DraftKings website.
This NFT Marketplace is available to players who don’t have a crypto wallet.
There’s exclusive content available from Autograph’s platform.
It opens up a market to collectors, making it easier to find things they love and other people who share their passion.

CONS

You’re required to be a verified customer at DraftKings.
There was no DraftKings Marketplace promo code available at the time of writing.

DraftKings Marketplace is due to launch in late 2021. So, while the points below don’t exist at the time of writing, that is not to say that this cannot change sometime after writing this DraftKings Marketplace review.

BONUS CODE

At the moment, there is no DraftKings Marketplace promo code available, but we expect one soon.

WELCOME OFFER DETAILS

There was also no DraftKings Marketplace welcome offer available at the time of writing. However, the sportsbooks and Daily Fantasy Sports sections both have offers for new players.

EXCLUSIVE NFT DROPS -TONY HAWK

Starting August 11th, users will be able to access the Preseason Access Collection. These exclusive drops will be provided by Autograph and include multiple athletes. The first NFT collection set to launch is Tom Brady.

These sports-related NFTs will be available exclusively on Autograph.io and on DraftKings Marketplace, only available to users in the United States and Canada.

Other athletes that will be included are:

Tom Brady
Tony Hawk
Naomi Osaka
Derek Jeter
Tiger Woods

The current NFT available for purchase is Usain Bolt. There are multiple versions to choose from when it comes time to decide on an NFT.

DRAFTKINGS MARKETPLACE MOBILE APP REVIEW

The DraftKings Marketplace app is available to download from the parent website. You should also be able to find it in both the iOS and Android app stores. Apps for DraftKings are reliable, with user-friendly interfaces and good betting options/features.

HOW DRAFTKINGS MARKETPLACE WORKS

NFT Marketplaces usually verify an uploaded digital asset before the item is put up for sale. The seller can typically choose whether the items are sold at a fixed price or through auction. Then, once the seller accepts the sale, the Marketplace conducts the transfer.

We discovered that the first drops for USD purchases in writing this DraftKings Marketplace review are the ‘Pre-Season Access’ collection. These will include NFT’s from Autograph’s star athletes’ roster and give fans access to future releases. You will also be able to trade or sell NFT’s within the community, as it’s not limited to purchasing only.

IS DRAFTKINGS MARKETPLACE SAFE?

Yes, the DraftKings Marketplace review indicates that it is safe; SSL encryption technology protects the website, making it secure. Additionally, the NFTs going onto the Marketplace are from a verified vendor. Autograph is an NFT platform with some of the best-known names in sports, entertainment, and culture, creating a unique collection.

DRAFTKINGS MARKETPLACE STATE BY STATE

DraftKings’ different sections have different laws regulating them in each state, so the legalities are a bit complicated. However, the Marketplace itself is legal. We recommend reading up on your state’s regulations to be safe.

DRAFTKINGS MARKETPLACE EASE OF USE - 4 OUT OF 5

Finding the Marketplace is relatively easy. First, go to the ‘About DraftKings’ page; the link is at the bottom of the home page. Then go to ‘Products’, and select ‘Marketplace’. At the time of writing this DraftKings Marketplace Review, DraftKings hadn’t launched the Marketplace yet. However, if the layout remains the same, it should be user-friendly and easy to navigate.

DRAFTKINGS MARKETPLACE PAYMENT OPTIONS - 3 OUT OF 5

Deposit methods used at DraftKings differ according to jurisdictions, so we’ll briefly summarize the types of methods available.

PayPal, Visa, MasterCard, Discover, and American Express are all accepted in most states. Gift cards from Visa, MasterCard, and American Express are also acceptable in other states.

These are relatively limited payment options for DraftKings Marketplace; reviews show there are typically more methods available. However, it is still accessible to mainstream players.Additionally, cryptocurrencies are not accepted, so we dropped the score.

Recently DraftKings CEO, Jason Robins, said the company was looking into accepting cryptocurrencies as payment. However, individual state regulators determine what payment methods are accepted, and cryptocurrency was not allowed.

So, this would mean that you could purchase an NFT without using cryptocurrency. It would also mean that negotiations have to take place behind the sales process, making an already complicated process even more so for the DraftKings Marketplace winners.

DRAFTKINGS MARKETPLACE CUSTOMER SERVICE - 3 OUT OF 5

Let’s start with why the score is so low for customer service in this DraftKings Marketplace review. Firstly, you need to go looking for it; there isn’t a link readily available. The only way to contact them is via email, and this can take a long time.

In addition, the FAQ section is limited and doesn’t address all the products available. There’s a focus on the DFS section throughout the website, which is understandable since this is where the company started. However, DraftKings should update the site to reflect its growth in recent times.

DRAFTKINGS MARKETPLACE FAQ

Below are some frequently asked questions, including more direct answers to concerns that have briefly been covered above in our DraftKings Marketplace review:

CAN I ACCESS THE NFT MARKETPLACE AT DRAFTKINGS ON MY MOBILE?

Yes, you can use the web, mobile web, or any of the DraftKings apps. The DraftKings Marketplace app is also available from the App Store and Google Play, so it’s compatible with iOS and Android.

IS THERE A PROMOTION AT DRAFTKINGS FOR THE MARKETPLACE?

DraftKings doesn’t have a Marketplace promotion available at the time of writing. After reading this DraftKings Marketplace review, we recommend that you regularly check so that you can take advantage when it becomes available.

DOES DRAFTKINGS SUPPORT RESPONSIBLE GAMING?

DraftKings supports responsible gaming and states that having fun on the website requires being responsible. We encourage you to be aware of the Responsible Gambling rules.

When betting, always ensure that you check the terms and conditions for any offers before accepting. Please remember that you need all the relevant information and to remain objective. Playing with your head and over it is the key to responsible gaming.

HOW SECURE ARE NFTS AT DRAFTKINGS?

DraftKings uses SSL encryption technology to protect your data, including NFTs of the DraftKings Marketplace winners. However, DraftKings collects your data, mainly to comply with regulations and laws. The company also lets other users see your profile if you use the social networking function.

Some of your browsing information will be available to specific vendors, including Facebook, Twitter, Reddit, TikTok, Snapchat, FantasyPros, LiveRamp, The Trade Desk, and TruSignal. DraftKings will also gather additional information on you from social networking sites.

IS THE DRAFTKINGS MARKETPLACE LEGAL?

Yes, the Marketplace is legal. However, we recommend you read up on the local laws once you have finished this DraftKings Marketplace review because regulations differ from state to state.

HOW DO I REGISTER AN ACCOUNT WITH DRAFTKINGS MARKETPLACE?

If you want to be one of the DraftKings Marketplace winners, you start by clicking on the orange ‘Sign Up’ button on the top right side of the page. You then set up your account, use the promo code and fill in your details. Once DraftKings has verified your details, you can safely start bidding on NFTs.

OUR DRAFTKINGS MARKETPLACE VERDICT - 4 OUT OF 5

If it weren’t for the DraftKings Marketplace app, this score would be lower due to the limited payment options and customer support. Customer service really lets the site down, and since this is where people go to address problems, that creates issues for DraftKings.

Additionally, there’s limited information regarding licensing and regulations, and these issues are not discussed within the FAQ section. To be fair, though, this could just be another case of customer service not being the best.

However, millions of players cannot be wrong, and many people love DraftKings. So we recommend that you read everything carefully before you give them a try. The NFT Marketplace is a step in the right direction, and we recommend that you keep an eye on it if digital collectibles are your thing and you want to be a DraftKings Marketplace winner.

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Chris Altman

Chris Altman is a sports betting writer and content expert with almost a decade of experience. He's covered everything, but his current focus is on reviewing sportsbooks and online casinos and keeping tabs on sports betting legislation. Chris has been with VegasInsider since 2019 and has freelanced in the sports betting content industry for years. More from Chris Altman