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The world is expanding, and DraftKings is expanding along with it. As NFTs continue to grow, these daily articles will serve as a hub for the latest news and notes in the space.
In case you are new to the Metaverse, check out my quick breakdown on what NFTs are and how they work. For those looking to get in the game, read my article on how to set up a MetaMask wallet.
MasterCard Partners with Coinbase
Buying NFTs is about to get a lot easier. Mastercard announced on Tuesday that it has teamed up with Coinbase, the largest U.S. cryptocurrency exchange company. Terms of the agreement state that users will be able to purchase NFTs with a credit/debit card on Coinbase’s upcoming marketplace, removing crypto from the equation.
The two giants in their respective industries are making this deal with hopes of simplifying the NFT purchasing process. As of right now, in order to buy an NFT, you have to create a wallet, purchase cryptocurrency, and wait days to transfer the funds to your wallet before making moves.
Since announcing the impending launch of its NFT Marketplace in October, over 2.5 million people have joined Coinbase’s waitlist, leading many to believe that the company could emerge as a serious competitor for OpenSea.
Learn more about this trailblazing partnership below:
⚡️Game changer!⚡️
— Coinbase (@coinbase) January 18, 2022
We're excited to announce our new partnership with @Mastercard. Stay tuned as we work to unlock a new way to purchase NFTs using Mastercard cards.
Learn more https://t.co/3Yazzbz0ws
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The DraftKings Marketplace is currently only available in the United States and Canada.
You must be 18+* located in any of the 50 US states or Canada to buy and sell NFTs on DraftKings Marketplace.
*Must be 19+ in Alabama and Nebraska.
*Must be 21+ in Iowa, Louisiana and Massachusetts.
Additional requirements for accessing:
You must have a verified DraftKings account.
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