What is Dapper Labs investing in?

Latest investment will be used to supercharge the Top Shot fan experience while continuing to bring transformative sports, entertainment and music blockchain based experiences to consumers VANCOUVER, BC, Sept. 22, 2021 -- Dapper Labs, Inc., the company behind NBA Top Shot and the Flow blockchain, today announced US$250M in new funding.

Could a Dapper Labs IPO help burgeoning NFT stocks?

Indeed, speculation around a Dapper Labs IPO is ramping up following the company’s funding raise of more than $300 million at a $2.6 billion valuation. Access to equity markets could give Dapper Labs the juice it needs to expand its offerings. Accordingly, let’s dive into what Dapper Labs is all about, for those interested in burgeoning NFT stocks.

How did Dapper Labs grow in 2021?

This latest round follows a year of exponential growth for Dapper Labs. While still in open Beta, its flagship NBA Top Shot grew by 30x in 2021, with more than US$780M in collectibles bought and sold, more than 1.1M registered accounts of which over 48% own at least one moment, and over 13 million transactions.

Why did Dapper Labs take access to two accounts?

The customers alleged that they opened two accounts and Dapper Labs Inc. took their access for both of the accounts because of their policies. The consumer was not able to hear back from the company.