To our Reignmakers and Marketplace community:

After careful consideration, DraftKings has decided to discontinue Reignmakers and our NFT Marketplace, effective immediately, due to recent legal developments. This decision was not made lightly, and we believe it is the right course of action.

Due to this update, we have decided to offer all holders of Reignmakers digital game pieces the opportunity to relinquish those game pieces to DraftKings in exchange for a cash payment (subject to certain conditions). The payment amount will be based on factors that include, but are not limited to, the relative size and quality of your digital game piece collection. For more information and to help answer your questions during this transition, please view below.

At DraftKings, our mission is to serve our customers with excellence. We are committed to meeting the needs of today’s sports fans by providing exciting and engaging gameplay experiences. In line with our innovative spirit, we ventured into the NFT-based sports world with Reignmakers and accomplished so much in such a short period of time. We are incredibly grateful for the passionate community that has supported us over the past two seasons.

While Reignmakers and our NFT Marketplace will be discontinued effective immediately, our customers are currently able to access their Reignmakers digital game pieces and other NFTs via the My Portfolio page.

We extend our heartfelt thanks to all of you who made Reignmakers special. Your enthusiasm and support have meant everything to us.

Sincerely,
The DK Team

"Yeah. Reignmakers is fairly immaterial, so I wouldn't factor it in any way. I think for us, it's really just about eliminating a distraction and potential risk."

Jason Robins -- Co-Founder, Chief Executive Officer