Vancouver-based Dapper Labs cracked the top 10 of CNBC’s Disruptor 50 list, an annual ranking of companies “growing and innovating through a challenging market and changed world, while inspiring change among incumbent competitors.”
Dapper is the maker of Flow, a blockchain designed for non-fungible tokens, which are tradable assets that track who owns a digital item. Sales of NFTs jumped from practically zero to more than $17 billion in 2021, according to a report from NFT data company Nonfungible.com.
Dapper Labs told CNBC its mission is to “drive mainstream adoption of decentralized technologies where everything is transparent, auditable, and accessible to everyone.” The BC startup also claims that Flow is “the cleanest and most energy efficient alternative, where minting an NFT on Flow emits less carbon than posting on a social network.”
Dapper Labs has partnered with various sports leagues, including the NBA, UFC, NFL, and LaLiga to produce its NFTs. The company is worth $7 billion based on a round of financing last year.
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