“But what I get most excited about is the more than 3000 developers building on top of the Flow blockchain. To support the expansion, Dapper Labs continues to build its decentralized blockchain.

“Part of this funding will go toward expanding functionality on NBA Top shot, developing a mobile product, and connecting the digital collecting experience with the experience of a fan showing up to a live game, or even supporting their team on social media.” “We see Top Shot as the home for a billion NBA fans so lots of work to do there,” said Gharegozlou. 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.” The Future of Dapper Labsĭapper Labs’ expansion of digital collectibles to other sports leagues like La Liga doesn’t mean they’re done with the NBA. “We think Dapper Labs is a leader in the space at the infrastructure level with Flow blockchain and in the application layer with NBA TopShot. “Coatue has been investing in technology trends for over 20 years and web 3.0 is one of the most exciting trends we’ve seen,” said Dan Rose, Chairman, Coatue Ventures. The investors, according to the press release, “believe in the long-term potential of Dapper Labs’ vision, its marquee titles including NBA Top Shot, which is one of the world’s fastest growing marketplaces, as well as the consumer-facing Flow blockchain.”ĭapper Labs’ ability to support a fan-friendly NFT platform along with investors who call Dapper Labs’ blockchain “consumer-facing” are positive indicators of brands, investors, and companies embracing the metaverse.

The round was led by Coatue and included investors a16z, GV, and Version One Ventures with new investors including BOND. Dapper Labs raised a new $250 million funding round. La Liga isn’t the only one to recognize Dapper Labs play for the metaverse.

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