"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," Roham Gharegozlou, Dapper Labs' CEO, told CNBC. Dapper Labs says it plans to invest part of the fresh cash into new experiences, like paid trips to big games. In addition to announcing its latest funding Wednesday, Dapper Labs unveiled a partnership with LaLiga, Spain's top soccer league, to introduce a similar experience to NBA Top Shot for soccer fans. The huge sums of money flowing into firms like Dapper Labs and Sorare highlights how investors are chasing the next big thing in crypto.Ĭrypto and blockchain start-ups have received about $19 billion in venture funding so far this year, almost triple the $6.4 billion raised by the sector in 2020, according to figures shared with CNBC by data firm Pitchbook. High-profile transactions include a record $69 million artwork sold by digital artist Beeple at a Christie's auction and the $2.9 million sale of the first-ever tweet by Twitter CEO Jack Dorsey. Prices of NFTs spiked earlier this year, with sales reaching a record $2.5 billion in the first half of 2021. But you also have provable scarcity, which is very appealing to collectors." "When you translate it to NFTs in the digital world, there's many more things which you can do, like using them in a game for instance. "You put them in an album and that's nice but it's kind of limiting." "When we think about the collectibles in the physical world, most of them have no utility value," Nicolas Julia, CEO and cop-founder of Sorare, explained. Each NFT is unique and acts as a collector's item that can't be duplicated - however, the underlying media can still be viewed by someone else on the internet. This means they cannot be exchanged with one another like dollars or gold. Unlike bitcoin and other cryptocurrencies, NFTs aren't fungible. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |