Dapper Labs is a platform based on non-fungible tokens. These tokens can be registered digital cards represented NBA players and moments. The idea is that tokens can be bought or sold, and their value can vary from time to time.
The new funding round was led by Coatue. Among other investors were already participated – Andreessen Horowitz, GV, and Version One Ventures. As well as new ones – BOND and GIC. The investments raised would be spent to develop new IP, expand Flow blockchain.
Dapper Labs was founded in 2018 by Roham Gharegozlou, Dieter Shirley, and Mack Flavelle. The company began with CryptoKitties in 2017. However, launching NBA’s Top Shot fostered the company’s development. During the past year in total bought and sold “Moments” worth $780 million. The platform has more than 1 million users. Dapper Labs is going to launch La Liga’s NFT next year.
