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Dapper Labs-backed NFT avatar platform raises $65M in funding

Avatar developers Genies are set to launch an NFT marketplace on Flow later this year after closing a Series B funding round with $65 million. Digital avatar developer, Genies, has raised $65 million to build an NFT marketplace for digital avatars on the Flow blockchain led by several heavyweight investors, including Flow’s developers, Dapper Labs. SEC filings dated May 3 reveal the California-based company recently closed a $65 million Series B funding round led by investment firm Bond, alongside Coinbase Ventures, Tull Investment Group, Breyer Capital, and Dapper Labs. The $65 million is slated to fund the development of Genies’ NFT…

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How Does The Flow Ecosystem Work?

E-Crypto News' update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading How Does The Flow Ecosystem Work? at E-Crypto News.

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Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 Million

According to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds Dominate As noted by one report, the capital raised in this period provides further evidence that “venture capitalists are pouring money into cryptocurrency-related companies at the fastest clip in years.” However, the data also shows that this increase has largely been “fueled by several large rounds for startups including crypto lender…

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Michael Jordan beszállt a blokklánc cég, aDapper Labs finanszírozásába

A Dapper Labs 305 millió dolláros finanszírozási kört jelentett be kedden. A fordulót a Nemzeti Kosárlabda Szövetség (NBA) sztárjainak csoportja és egy kockázati tőkebefektetési társaság támogatja, akik korábban az NBA Top Shot-ba is befektettek. Kevin Durant, Michael Jordan, a Coatue befektetési cég és egy 30 sportolóból álló befektetői csoport, valamint a rapper, 2 Chainz összeálltak, és dobták össze a pénzt a nem helyettesíthető tokenekkel foglalkozó (NFT) cég finanszírozására. Az USA Today egy, a helyzetet ismerő személyre hivatkozva arról számolt be, hogy a Dapper jelenlegi finanszírozási fordulója a cég értékét 2,6 milliárd dollárra emelte. Ez a mega befektetési forduló pont akkor…

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Dapper Labs Raises $305 Million in Latest Round from Michael Jordan, Will Smith, and Others

The startup behind NBA Top Shot raises $305 million in the latest funding round. Dapper Labs Announces $305 Million in New Funding The NFT craze seems to be showing no signs of slowing down anytime soon as according to a recent report by Business Insider, Dapper Labs – the startup behind virtual trading-card platform NBA Read More

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NBA TopShot opens to public after closed beta drives $2M in NFT sales

NBA Top Shot, the officially licensed crypto collectibles from the team behind CryptoKitties, has opened its beta version to the public. NBA TopShot, the flagship non-fungible token (NFT)-powered game built by Dapper Labs on their Flow blockchain, has launched in open beta. The transition to public beta came on October 1, alongside Top Shot’s launch on the Samsung Galaxy Store. Top Shot is the first app offering blockchain-based collectibles to launch on Samsung’s mobile shop. It is not yet available in the Android app store. Top Shot allows users to collect multi-media “moments” of varying scarcity representing significant highlights across…

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Dapper Labs and Blockparty Join Forces to Bring A New Breadth of Digital Collectibles onto Flow

VANCOUVER / SEPTEMBER 25, 2020 — Blockparty—the New York-based rare digital collectibles marketplace that launched last month to foster more meaningful fan engagement for artists, musicians, and sports teams—today announced a partnership with Dapper Labs, the company behind CryptoKitties and NBA Top Shot, who will bring Blockparty onto Flow, their user-centric blockchain built for mainstream adoption. Digital collectibles offer an alternative form of engagement to the in-person experience of art shows, concerts and games, and help artists and athletes incentivize long-term relationships with their fans. By showcasing their work in Blockparty’s digital collectibles marketplace, content creators can access new initial…

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Why Top Global Brands Like the NBA and UFC Choose Dapper Labs’ Flow Blockchain

Developed by the team behind some of the most successful crypto applications in the world, Flow is a blockchain re-designed from the ground up to be user- and developer-friendly as well as modular and future-proof. The network is already being used to develop digital collectibles offerings for top global brands like the NBA and UFC who partnered with Dapper Labs to serve their billions of fans. You can now take part in the revolution of the digital assets space by joining the FLOW community token offering. Top Global Brands Trust the Flow Blockchain Dapper Labs, the company behind CryptoKitties and…

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Star Girl’s one million active users go with the Flow blockchain

After inking deals to bring third-party games and stablecoins onto the Flow blockchain, Dapper Labs has announced two related sales for the FLOW token. Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow. On September 22, blockchain gaming firm Animoca Brands announced that its MotoGP and Star Girl games will launch on the Flow blockchain early next year. Animoca is an investor in Dapper Labs. The Star Girl series consists of multiple free-to-play mobile games owned by Animoca and claims a monthly user base of…

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BUSD Stablecoin Joins USD Coin On Dapper Labs’ Flow: Report

BUSD stablecoin joins USD coin on Dapper Labs flow which could mean that the blockchain is more appealing for the defi developers as we are reading in the Binance news today. The Binance-basked BUSD stablecoin will now be officially added to Flow blockchain and the developers will be able to utilize BUSD with the Flow dapps in a permissionless manner. Flow creator Dapper Labs is the developer of the popular crypto game CryptoKitties and NBA Top shot. For the second time this week, Cryptokitties developer announced the partnership between Flow blockchain and a stable coin, and this time it was…

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Binance Supporting Flow Blockchain with BUSD Stablecoin

New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot. This is an important step for all Flow ecosystem builders, who are propelling the next wave of digital revolution. Backed by industry leaders including Binance and Paxos, the introduction of BUSD on Flow will unlock entirely new ways of building secure DeFi primitives, untapped NFT use-cases, and global marketplaces. Flow is uniquely geared…

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Dapper Labs Partners With Circle To Bring USDC As Settlement Solution

Dapper Labs partners with Circle to bring USD Coin to flow as a settlement solution to its dapps and games with NBA Top Shot as we read further in today’s USD Coin news. The licensed game brought in $2 million in revenue since June during its beta testing as the announcement that Dapper labs partners with Circle to enable credit and debit card payments that settle in USD coin starting with the officially-licensed NBA Top Shot game. Decentralized apps and games that run the Flow blockchain will be opened to the mainstream audiences which can pay for digital collectibles with…

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Dapper Labs Brings Blockchain Advocates New Top Shot Basketball Platform

Dapper Labs – the same company that invented Crypto Kitties – is building a new platform called Top Shot that will feature blockchain-based basketball and NBA trading cards. Dapper Labs Is Bringing Its Next Big Project to Fruition The cards boast several high-ranking players in the league, as well as various top basketball moments in history bundled in packs. Some of the featured players or moments on the cards include a dunk by Zion Williamson and the euro step from Giannis Antetokounmpo. Top Shot cards can be traded, bought and sold via the Dapper application. Dapper Labs has also garnered…

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Újabb 12 milliót kapott a CryptoKitties mögött álló Dapper Labs

12 millió dolláros befektetési körön van túl a CryptoKitties mögött álló Dapper Labs. A projekt most NBA Top Shot nevű blokkláncalapú gyűjtögetős játékán, valamint Dr. Seuss alkotásainak blokkláncra vitelén dolgozik. A vállalat tegnap jelentette be, miszerint 12 milliót sikerült összekalapozniuk egy olyan befektetési kör során, amelyben számos jelenlegi NBA-játékos mellett a blokklánc- és kriptoökoszisztéma nagyágyúi is képviseltették magukat. A blokklánc-technológiának megvan a lehetősége arra, hogy forradalmasítsa a fogyasztói birtoklást az interneten. – mondta Andre Iguodala, a Miami Heat játékosa, háromszoros NBA-bajnok, techvállalkozó egy nyilatkozatban. A új befektetők között ott volt többek között a Coinbase Ventures, a Distributed Global, az A.Capital,…

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