NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation:...
The firm has generated almost $100 million in NFT sales, according to the report.
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Dapper Labs, creators of the popular CryptoKitties game and the Flow Blockchain has announced the beta release of its much-anticipated NBA Top Shot. Emerging out of the closed beta phase, the game can now be experienced by consumers from across the world. According to Dapper Labs, NBA Top Shot has scored high even before it […]
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, […]
New implications on the future crypto policies arise as Dapper labs brings NFTs to the conversation. Based in Vancouver, Dapper Labs offers a variety of nonfungible token (NFT)-based products and DApps. These include games like CryptoKitties, where players can breed and raise NFT kittens, and Cheeze Wizards, a tournament series where collectible characters can duel each other. Additionally, Dapper Labs is partnered with the NBA and is responsible for Top Shot, an NFT marketplace that sells highlights from basketball games. The UFC has also partnered with Dapper Labs to offer a similar....
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....
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 […]