DraftKings‘ NFT Marketplace should be renamed to the WTF Marketplace as a handful of users are once again managing to snag low-numbered NFTs at a rate that defies all logic, reason, and mathematics.
On Friday afternoon, the marketplace was offering a quintet of Wayne Gretzky autographed NFTs: a pair numbered to 100, one numbered to 50, one to 25, and one to 12. As of 5:30 p.m., the first three had dropped, with well over 20,000 people queued up for a chance to snag each one. And with good reason: The NFTs, priced at $250 for each of the ones numbered to 100 and $500 for the one numbered to 50, were selling for more than 5X the original cost in the immediate aftermath of the drops.
Amazingly (or not, considering what happened the first time around), four DraftKings users managed to get all three NFTs. This information is freely available on the DraftKings Marketplace site, and the continued sleuthing of Twitter user nohitter_48 brought the issue — once again — to the NFT world.
So far through three NFT drops for the out of 100 Gretzkys 4 users have obtained all three. aj4ni, Nishat897111, redhawk1255, and testeruser12. @DraftKings have one of your DFS sizing sauce data guys tell you that's impossible. @SamENole @dan_back
— Dan (@nohitter_48) August 20, 2021
The user — whose name is Dan — was also the first person to report on last week’s shenanigans involving the Tom Brady NFT autograph drop, in which one user managed to get all five NFTs, turning an investment of $3,250 into over $76,000.
Our bad, but …
DraftKings addressed the issue in an unsigned press release this past Monday.
“We are extremely grateful to everyone who joined us on DraftKings Marketplace for our first ever NFT drop this week,” the statement from the company read. “It was a tremendous success and this new technology was a first step in making digital collectables accessible to millions of consumers. We have identified that some people were able to join into the queue more than once, which gave them extra chances to get access to buy an NFT before they sold out. We are committed to ensuring that our marketplace offers a best-in-class experience for everyone who wishes to buy an NFT on DraftKings Marketplace and will take steps to limit the ability to join the queue more than once before our next drop.”
Clearly, whatever steps DraftKings took did not result in a successful stemming of the issue, at least for Friday’s first three drops. As of 6:10 p.m., the fourth drop — an NFT numbered to 25 and selling for $750 at the minting price — did not land in the hands of the four users who managed to get the first three.
DraftKings did not have immediate comment on Friday’s action.