Competitive drone racing is joining the play-to-earn party. DroneRaceLeague is building a GameFi experience where “players will race DRL drones” for cryptocurrency and NFTs on Algorand.
The league has also introduced sports betting to the platform in an effort to stay ahead of the times, being “the first sport in the air” that fans can bet on, according to a press release.
“We’re building a roadmap of so many different things in the next several years,” DRL President Rachel Jacobson told CoinDesk in an interview. “We have to know blockchain because we always want to be 10 steps ahead and first to market. We’re going to be Playground Labs’ crown jewel.” DRL has also tapped Algorand as the title sponsor for its world championship event held at T-Mobile Arena in Las Vegas, which will include a performance from American rock staple Weezer, among other festivities.to invest in projects building on Algorand.