Sorare has decided to expand to other professional sports while Dapper Labs just signed a partnership with LaLiga, the Spanish football association - LaLiga has also partnered with Sorare. They use ZK rollups to lower transaction fees.ĭapper Labs and Sorare will soon compete for the same player base.
Sorare currently focuses on fantasy football (soccer) and uses the Ethereum blockchain for its NFT platform. NFT buyers can collect video highlights from. We continue to be impressed by Roham’s strong leadership and vision and we could not be more proud to partner with him and the entire team at Dapper,” Coatue Ventures Chairman Dan Rose said in a statement.Īnd this is an interesting statement, as Sorare raised $680 million at a $4.3 billion valuation just a few days ago. NBA Top Shots was launched by Dapper Labs in 2021 and is one of the most successful NFT collections of all time. “We think Dapper Labs is a leader in the space at the infrastructure level with the Flow blockchain and at the application layer with NBA Top Shot. Dapper Labs has developed Flow, a new blockchain built for scalability and practical use cases, such as NBA Top Shot. Each digital card is registered as a unique token on a blockchain. The platform is based on NFTs, or non-fungible tokens. This was the first major offering from Dapper Labs and aimed to make NFTs accessible to the. The value of these digital collectibles can go up and down over time. NBA Top Shot NFTs grew impressively throughout January, with sales up 72 according to CryptoSlam data. They can then buy and sell some of their cards to other players. Users can buy digital cards that represent NBA players and moments.
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Some new investors are also joining the round, such as BOND and GIC.ĭapper Labs is better known as the maker of NBA Top Shot. Just weeks after closing the 305 million VC round at a 2.6 billion valuation, Dapper Labs, the Vancouver-based startup behind the leading NFT marketplace NBA Top Shot, is reportedly. Dapper Labs, the firm behind the Flow blockchain and NFT platform NBA Top Shot, is pursuing a series of acquisitions, the company told CoinDesk on Wednesday. According to a source close to the company, today’s funding round values the company at $7.6 billion.Įxisting investors Andreessen Horowitz, GV and Version One Ventures are investing once again. Subscribe To Our Newsletter Sports stars are flocking to support NFTs in their droves, which has been good news for Dapper Labs and its NBA Top Shot. Please allow a little bit of time for this to process and do not refresh your browser while this is being processed.Dapper Labs, the company behind popular fantasy basketball NFT game NBA Top Shot, has raised another $250 million in funding. The gravamen of the complaint is that NBA Top Shot Moments which are a type of NFT are securities, which the defendants promoted, offered and sold in violation of federal securities. Once you've clicked the approve button, this will trigger the payment screen. We recommend using a Chrome browser to attempt your purchase as you may not see all of the available supported wallets using a different browser. United States District Court Judge Victor Marrero today denied Dapper’s request to dismiss the suit, writing that the NFTs offered on Dappers platform indeed appear to satisfy the requirements of a security. After successfully logging in to your wallet, you will be asked to confirm and approve the connection. That’s what a lawsuit filed against Top Shot creator Dapper Labs in 2021 allegesand the judge apparently agrees.
If everything looks good, you can click the Pay With Flow button at the bottom.įrom here, you will be able to select a supported wallet and be asked to log in using your existing wallet credentials. On this page, you will be able to see the approximate USD conversion to FLOW and what you will expect to pay. From there, you will be able to see an overview of the packs available and select a pack that is currently in stock.Īfter selecting the pack that you would like to purchase and clicking on the Buy Now button, you will be prompted to the payment screen where you will select FLOW as your payment method. Navigate to the NBA Top Shot and select the Drops page in the top bar.
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How to Complete a Pack Purchase With FLOW For more details about FLOW on the Dapper Wallet, check out our article here. The football version of NBA Top Shot is finally live. Please Note: NBA Top Shot pack purchases with FLOW on the Dapper Wallet is not yet available. This is similar to transacting with cryptocurrency using your own wallet in the existing checkout process. Since both Dapper and NBA Top Shot run on the Flow blockchain, you can spend your FLOW tokens to purchase NBA Top Shot packs if you use an existing supported wallet.
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