[Digital Today Reporter Hwang Chi-gyu] Amid growing interest in non-fungible tokens (NFT), it is news that Dapper Labs, a blockchain company that provides NFT-based NBA top shots, has set out to attract additional investments in corporate value of $ 7.5 billion.
Considering the investment of $350 million in the value of $2.6 billion at the end of March, the ransom has tripled in about three weeks to attract investment.
On the 16th (local time), De Information, a media specialized in IT, reported that Dapper Labs is pursuing a new investment round worth $7.5 billion, citing a source familiar with internal circumstances.
As before, this investment is led by Koatu Management, De Information said.
Dapper Labs developed CryptoKitty, a blockchain-based cat collection game, and is now focusing on operating the virtual trading card NBA Topshot.
Dapper Labs opened the NBA Topshot and related marketplace in cooperation with the NBA in October last year. The NBA Topshot offers’Moments’, an officially licensed NBA basketball highlight clip. Users can collect and trade them.
Dapper Labs has built a blockchain platform called Flow for Topshot NFT and related marketplaces. In the case of CryptoKitty, it was provided based on Ethereum.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.