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Dapper Labs, the NBA Top Shot creator raised another $250 Million. Coatue is leading the new investment, per sources close to the company. Dapper Labs are doing their best to grow and scale their popular NFT business, bringing sports, entertainment, and music experiences to consumers through the Flow blockchain.
Roham, CEO of Dapper Labs expressed: “Similar to Bill Gates’s push for “a PC on every desk”, we believe NFTs are the catalyst to putting “a blockchain wallet in every pocket”
Roham States, The “master plan” is simple: Kickstart network effects by engaging new users with unique original content that sets new bars for usability and engagement like NBA Top Shot. Laliga Santander, UFC, and more. 2. Support independent developers building on top of the decentralized Flow blockchain ecosystem onFlow.
OG content is priority 1. NBA Top Shot as the currency of fandom for all NBA fans. Expanding portfolio to all sports strengthens network effects, reinforcing liquidity across every marketplace. CryptoKitties on Flow and epic new IP like DrSeuss draws new waves of users in.
If you’re part of NBA Top Shot, expect to see accelerated product development at every step. We want to get out of beta ASAP: mobile app, non-custodial wallets, and of course the best content including the first-ever WNBA rare packs dropping Friday.
As DapperLabs expands to other sports, the NFT rarity framework will be very clear: Rare and Legendary-tier content will always be incredibly scarce. Common and “Fandom”-tier content will be accessible to new collectors while still preserving scarcity in the long term.
All of this wouldn’t be possible if not for Flow Blockchain driving the exponential growth. We built Flow lockstep with NBA Top Shot, but today it’s MUCH bigger than DapperLabs, with more than 3000 independent developers and validator node operators from around the world
Flow was built to support mainstream-ready onboarding and user experiences, leveraging the scale of partners like Google, Samsung, to provide a high speed, low cost, and green network while preserving decentralization and security.
Teams building on Flow blockchain include Fortune 500s like Shopify, Warner Media, Indie devs like Chain Monsters, Dark Country Game, and VC-backed startups incl Genies, RCRDSHP, Alchemy Platform, Sturdy Exchange, CryptoysHQ and many more.
Dapper Labs are set to grow sustainably. So all this is about bringing the right partners in more than just cash. Amazing communities and ecosystem partners made NBA Top Shot on Flow a dream to work on every day.
