What is the Fantasy Sports Basketball Membership? (US)

DraftKings launched the latest addition to the NFT and fantasy sports spaces; the 2022-23 basketball membership.

With this membership NFT drop, DraftKings participants have the opportunity to purchase a Fantasy Sports Basketball Membership for the 2022-23 season (the “Membership NFT”).

Details related to the drop:

  • Occurred on Thursday, October 13, 2022.
    • 250 Fantasy Sports Basketball Membership NFTs.
    • On sale for $399.00 each.
  • The Membership NFT will grant holders fantasy sports-specific benefits for professional basketball throughout the 2022-23 season, including:
    • Public contest tickets.
    • Private contest tickets.
    • Notes: 
      • If a player holds the Membership NFT, but is not eligible or becomes ineligible to participate in DraftKings Fantasy Sports Contests under DraftKings Terms of Use, DraftKings can’t enter the player into public or private contests.
      • If a player holds the NFT but is located within a Fantasy Sports state where the age requirement is 21 to play, DraftKings can’t enter the player into public or private contests if the player is under the age requirement.
      • Fantasy Sports Contest tickets cannot be redeemed for cash value.
    • Additional surprises throughout the season.
  • The preferred access period occurred from 10:00 AM to 12:30 PM ET on the day of the drop, where Primetime Series Reward holders obtained eligibility for a 10% rebate.
    • The snapshot of holders of any eligible Primetime Series Reward NFTs occurred at 5:00 PM ET on October 11, 2022.
    • Learn more about what Primetime Series Reward NFTs will be eligible for the rebate via DK Nation.
  • Purchase limit of one Membership NFT per account during preferred access.

Additional information:

  • Tickets to public Fantasy Sports contests will be circulated at the start of each month. 
  • Tickets and contest links for the private qualifiers will be circulated the Monday before each contest goes live. 
  • Crowns bonuses will be circulated the day following any 50 or 60-point games.

Notes:

For questions on Fantasy Sports Basketball Membership secondary market sales, customers can learn more about this in the FAQ section.

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