NFT Market Decline Leads To Dapper Labs Laying Off 22% Of The Staff
Crypto Firms such as Dapper Labs are currently feeling the heat of these markets’ downturn. As per a report, Dapper Labs has lost more than 90% of its NBA Top Shot sales volume dating from February 2021 till now. It appears that the drop in the prices of digital currencies is not the only aspect investors should be concerned about. This is particularly true considering the look of the NFT market recently. The sales volume of the company’s NBA Top Shot as of February last year was about $224 million, now at $2.6 million. Related Reading: Bitcoin Shocker: Lightning Network Capacity Reaches....
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Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities.
NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation
Dapper Labs, the creators of the Flow blockchain network and projects like Cryptokitties and NBA Top Shot, has complied with the new restrictive measures adopted by the European Union in response to Russia’s military....
Dapper Labs and their Flow blockchain product have gained substantial ground this year. This week, Dapper is teeing up for more sports IP to come to life. The company is adding WNBA rosters to their Top Shot product beginning this week. Additionally, reports have surfaced that Dapper Labs has partnered with one of the most […]
One of the most prominent firm in the NFT industry is Dapper Labs, the firm behind NBA Top Shot. Top Shot’s success and demand skyrocketed earlier this year, with more than $500 million in trading volume to date. Now, Dapper Labs is focusing on what could be the next big thing in crypto collectibles: Genies, […]
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking and grappling from UFC fighters.”
MMA Entertainment Giant Partners With Dapper Labs to Introduce ‘UFC Strike’ NFT Collection
Since 1993, the American mixed martial arts (MMA) promotion company Ultimate Fighting Championship (UFC) has grown to be one of the....
NFL Top Shot? By the looks of things, it’s well on it’s way. According to a report this week from Sports Business Journal, Dapper Labs and the NFL are on the verge of announcing an upcoming Top Shot-modeled NFT marketplace. The news comes as Dapper’s deal with LaLiga to form another marketplace begins to take […]