DraftKings Reignmakers Explained: What It Is & How It Works

Peyton Powell on October 17th, 2024

Unfortunately, DraftKings has shut down its NFT-based fantasy game and marketplace, Reignmakers as of 30 July 2024. This is due to legal issues involving a class action lawsuit that claims the NFTs are unregulated securities.

All listings and offers are canceled, and tokens can be transferred to personal wallets. DraftKings is offering Reignmakers owners cash payments in exchange for their game pieces. The decision follows a recent court ruling rejecting DraftKings’ attempt to dismiss the lawsuit, prompting the company to close Reignmakers as a precaution. Thus, the information provided in this article is no longer applicable.

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Surely you’re familiar with DraftKings Sportsbook and the DraftKings DFS app, but have you heard of DraftKings Reignmakers? It’s a new and exciting platform that seamlessly blends fantasy sports and NFTs to revolutionize the way sports enthusiasts engage with all their favorite players and teams.

Instead of traditional fantasy drafts and using salary cap limits, players buy and sell NFT player cards on DraftKings Marketplace and then use them to enter contests for a chance to win real cash prizes and more NFTs!

In this article, we’ll introduce you to DraftKings Reignmakers. We’ll cover the ins and outs of this unique fantasy sports game, explaining how it works and providing all the information you’ll need to get started today. Now, let’s dive right in!

What Is DraftKings Reignmakers?

DraftKings Reignmakers is a fantasy sports game that combines traditional gameplay with the exciting world of non-fungible tokens (NFTs).

Players build a collection of gamified NFT player cards, and they then use these cards to participate in weekly fantasy contests spanning football, UFC, and PGA Tour events.

These contests are completely free to enter and are available in 42 of the 50 U.S. states, with Connecticut, Hawaii, Idaho, Montana, Nevada, Oregon, Pennsylvania, and Washington being the only exceptions.

Continue reading as we take a closer look at DraftKings Reignmakers and explore the innovative features that make it a standout platform in the fantasy sports and NFT landscape!

How DraftKings Reignmakers Works

To get started on DraftKings Reignmakers, players will need to build a collection of NFT player cards, which are officially licensed by big names like NFLPA, PGA TOUR, and UFC. How do you do this? Well, you can get them through pack drops, auctions, or hop into the secondary marketplace.

Now, each of these digital cards represents a specific athlete and is neatly sorted into one of five different rarity tiers. Why does this matter? Well, it determines how valuable and useful the card is. Once you’ve got your hands on these cards, the real fun begins.

You can use these cards to dive into weekly fantasy contests. The points you rack up depend on how the actual athletes perform in the real world. It’s a unique twist that adds a whole new layer of excitement to the fantasy sports game.

But that’s not all. The DraftKings Marketplace is where the real magic happens. Here, you can trade your cards – buy, sell, or keep them.

Plus, holding onto them helps you build up a Franchise Score. Why does this matter? Because it unlocks various rewards over time. It’s like your loyalty card in the sports NFT world.

Now, when it comes to contests, there’s something for everyone. Whether you’re into football, MMA, or golf, there are contests tailored to different card collections and events. And hey, the entry requirements vary based on how rare your cards are. Winning in these contests could mean cash, packs, specific NFTs, or a mix of these goodies.

Oh, and here’s the cool part – some contests let you enter multiple times. But, of course, there are rules. Things like player positions and the playability of those SuperStar cards? Yep, they’re all in there, and it adds an extra layer of strategy to the game.

DraftKings NFTs: A Deeper Dive

DraftKings NFTs play a pivotal role in the Reignmakers fantasy sports game, enhancing the user experience by combining the thrill of sports with the innovation of blockchain technology.

Let’s take a deep dive into DraftKings NFTs, making sure you have a clear understanding before getting started with DraftKings Reignmakers:

Types of NFTs

Within the DraftKings NFT universe, two distinct types of tokens take center stage:

Player Card NFTs: These digital trading cards serve as the heart of DraftKings Reignmakers. Each player card NFT represents a specific athlete, allowing users to draft and compete based on the real-world performance of the athletes they own.
Field Pass NFTs: Offering more than just ownership, Field Pass NFTs unlock additional benefits for users. These perks include airdrops, early access to drops, rebates on pack purchases, and more. Field Pass NFTs enhance the overall user engagement and provide added value beyond the core functionality of player card NFTs.

Rarity Levels

Every DraftKings Player Card NFT is grouped into one of the following rarity levels:

Core
Rare
Elite
Legendary
Reignmaker

Core player cards are the least rare and easiest to get your hands on. Meanwhile, Reignmaker player cards are the rarest and are typically worth much more than the other categories of player NFTs.

How To Collect Them

Players can obtain DraftKings Reignmakers NFTs through various methods, including the following:

Purchasing packs through DraftKings NFT drops.
Buying NFTs directly from the secondary market.
Winning auctions on the secondary market.
Receiving them as a benefit when purchasing Field Pass NFTs.
Winning packs in contests.

These are just a few of the different avenues available for collecting DraftKings NFTs, and we encourage you to always be on the lookout for other special opportunities that will help you quickly build your collection.

Once you’ve collected some DraftKings Reignmakers cards, you can draft them in weekly fantasy contests for a shot at huge prizes, buy and sell them on DraftKings Marketplace at any time, or hold on to them to build up your Franchise Score and earn rewards.

Free Starter Pack Offer at DraftKings Reignmakers

We’ve got some good news! DraftKings Reignmakers is currently providing a free football starter pack to all new users no DraftKings promo code needed. When you sign up today, you’ll automatically receive seven DraftKings NFT player cards to help get started on building your collection.

DraftKings Reignmakers	Promotion Details
🎁 Sign Up Bonus:	Free Football Starter Pack: Choose Your QB & Get 6 Additional Cards
🌎 States Available:	42 of 50 U.S. States (all but CT, HI, ID, MT, NV, OR, PA, & WA)
✅ Bonus Valid:	December 2024

And the best part? You get to choose your quarterback from a list of talented NFL starters: Trevor Lawrence, Justin Fields, CJ Stroud, and more! You’ll then receive that player’s card and another six additional DraftKings Reignmakers Football Cards.

DraftKings Reignmakers: Everything Else You Need To Know

Before we wrap things up, let’s take a minute to go over some of the most frequently asked questions (FAQ) that you’ll want to know the answers to before diving into the world of DraftKings Reignmakers!

Where Is DraftKings Reignmakers Legal?

DraftKings Reignmakers contests are only available in 42 of the 50 U.S. states. Those in Connecticut, Hawaii, Idaho, Montana, Nevada, Oregon, Pennsylvania, or Washington are not currently eligible to participate.

In addition, they are only available in select Louisiana parishes in accordance with local laws and regulations. Therefore, if you live in Louisiana, you’ll want to make sure that no restrictions are in place that may prohibit you from participating.

The platform is also available in all of Canada (except Ontario), and players will just need to be at least 18 years old (19+ in Alabama and Nebraska; 21+ in Iowa, Louisiana, Arizona, and Massachusetts) to enter DraftKings Reignmakers contests.

It is, however, important to mention that residents of all 50 U.S. states are eligible to buy and sell NFTs on DraftKings Marketplace; those in restricted states or provinces just won’t be able to enter any contests.

Can You Make Money on DraftKings Reignmakers?

Absolutely! Participants in DraftKings Reignmakers have opportunities to earn real rewards and make money through various avenues. By strategically participating in weekly fantasy contests, where licensed gamified NFT player cards are drafted, players can compete for substantial cash prizes, packs, specific NFTs, or a combination of these.

Additionally, the ability to buy, sell, and retain cards on the DraftKings Marketplace adds a dynamic layer, allowing participants to capitalize on the value of their digital player cards over time. The platform’s innovative approach to fantasy sports and NFT trading provides a space where skillful engagement can translate into tangible financial gains for players.

What Does NFT Mean in DraftKings?

NFT stands for “Non-Fungible Token.” Non-fungible tokens are unique digital assets that use blockchain technology to verify their authenticity and ownership.

More specifically, DraftKings NFTs refer to unique digital assets that represent gamified player cards officially licensed by entities like the NFLPA, PGA TOUR, and UFC. Each NFT player card is distinct, representing a specific athlete, and categorized into one of five rarity tiers, ranging from CORE to REIGNMAKER.

Participants can engage with these NFTs by drafting them in fantasy contests, buying and selling them on the DraftKings Marketplace, and retaining them over time to accumulate a Franchise Score, unlocking various rewards.