That growth led to today’s round.Ĭoatue led the investment round. NBA Top Shot grew by 30 times in 2021, with more than $780 million in collectibles bought and sold, more than 1.1 million registered accounts of which over 48% own at least one moment, and over 13 million transactions. Investors poured $305 million into Dapper Labs in March, and the company continues to see stellar growth. Roham Gharegozlou, CEO of Dapper Labs, said in a statement that he believes we’re just scratching the surface for what NFT technology can do. One of those things is a soccer version of NBA Top Shot, as Dapper Labs has teamed up with LaLiga to make NFTs mementos for soccer fans.ĭapper Labs has also created the Flow blockchain protocol, which enables lots of transactions per second so that NFT applications can scale up to millions of users without incurring huge transaction fees.
In the past year, the company and fans have sold more than $780 million worth of the NBA Top Shot moments in the marketplace.Īnd now the company is figuring what else it can do with NFTs and games. Then Dapper Labs launched NFT-based NBA Top Shot, an NFT marketplace with NFT collectibles that captured cool video moments for fans to purchase and resell. While CryptoKitties came and went, Dapper Labs continues to invest in NFT technology and digital collectibles on the bet that collectibles can be much more than simply collectibles in a digital environment where users and players get to own one-of-a-kind items, verified via blockchain.
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