Drone Racing League Signs ‘$100m’ Algorand Deal
By Community | September 14, 2021
Algorand, the leading high performance blockchain platform, and DRL will transform sports and gaming through blockchain-based technology.
Bringing scalable, fast, and decentralized gaming applications to DRL, Algorand’s blockchain will be the foundation for the sport of the future.
Get ready for digital drone racing on the Algorand blockchain network, blockchain-enabled ticketing, collectables, fan transactions and non fungible tokens (NFTs), and crypto-themed hackathon events around DRL World Championship Season events.
The deal is reportedly worth $100m over five years according to CNBC sources.
DRL is the global, professional drone racing property for elite pilots. With custom built racing drones traveling 90 MPH, pilots race through the most insane courses across virtual and physical competitions. Merging the digital with the real, DRL delivers innovative drone technology, immersive content, and visually thrilling races on the best sports networks around the world, including NBC, NBCSN, Twitter, Fox Sports, Sky Sports, ProSieben, and Weibo.