Former tech darling Dapper Labs is continuing a downward trajectory. The Vancouver-born startup spun out of startup studio Axoim Zen in 2017 and shot toward fame through 2021 via non-fungible tokens and its Flow blockchain. However, Dapper has been experiencing a reversal of fortune over the past year. It began last November when the crypto […]
Dapper Labs
Vancouver NFT Startup Draws Capital for Web3 Gaming Platform
GameOn Entertainment Technologies, a next-gen fantasy sports platform based in Vancouver, this week secured strategic financing from industry leaders Lightning Capital and Flow, a blockchain platform established by NBA Top Shot maker Dapper Labs. The new funds, totalling $1.7 million, are set to supercharge GameOn’s web3 game platform, PLAYN3XT, and bolster the acquisition of major […]
When NFTs Cross the Line from ‘Baseball Card’ to ‘Investment Contract’
There has been much talk in the last year of so-called non-fungible tokens in Canada—what are they, what can they do, what will they become? The answer, it seems, is still unraveling itself. Bitcoin launched over a decade ago as a simple, decentralized alternative to fiat currency. Eventually, companies decided to compete in some sense […]
Dapper Labs Adjusts Company to New Crypto Reality
Dapper Labs spun out of startup studio Axoim Zen in 2017 and was named to Techcouver’s 10 Homegrown B.C. Startups to Watch in 2021. Soon after, the startup raised a USD $250 million funding round which valued the digital collectibles startup at over $7 billion and set them up for a busy 2022. Last year Dapper Labs cracked the […]
Mattel Taps Dapper Labs to Launch Hot Wheels NFT Collection on Flow
Toy giant Mattel is building out its digital collectibles business through the launch of a non-fungible token marketplace. First announced earlier this year, Mattel will operate its NFT marketplace on Dapper Labs’ Flow blockchain. Through Mattel Creations, consumers can acquire digital art tied to classic products such as Hot Wheels and Barbie. “In launching our own […]
Web3 Darling Dapper Labs Lays Off 22% of Staff
Less than one month after picking up not one award, but two awards, at BC Tech’s 2022 Technology Impact Awards, web3 darling Dapper Labs has laid off 22 per cent of staff. Dapper Labs, the company behind NBA Top Shot and the Flow blockchain, topped the Spirit of BC Tech – Ambition and Excellence in […]
Article, Bench, and Certn Among B.C. Startups Added to Team True North
Earlier this summer, Communitech unveiled the first ever Team True North. The Kitchener-based hub for entrepreneurship created the list to spotlight “the best of Canadian tech”—which by their measure is defined as high-performing tech firms tracking to $1 billion in annual revenue with growth rates that match the top 1% of companies in the world. The list—which […]
BC Tech Crowns Winners of 2022 Technology Impact Awards
Now in their 29th year, the Technology Impact Awards (TIAs) have never had more reasons to celebrate than they did last night at the Vancouver Convention Centre. Ambition was the theme of the 2022 TIAs and through the evening’s celebration 45 TIAs finalists across 12 categories were honoured. Staged before a sold-out crowd at the Vancouver Convention […]
Celebrate NFT Day On September 20th With Dapper Labs
September 20, 2022 marks the five-year anniversary of when Dapper Labs CTO Dete Shirley first submitted the NFT standard ERC-721 and coined the term “non-fungible token.” Since then, NFTs have become the heart of countless communities, innovation, and mainstream adoption of blockchain technology. To celebrate the special date and occasion, September 20th has been named […]
Ticketmaster Flows with Dapper Labs as NFTs Enhance Live Events in Canada
Live events effectively disappeared from the planet for about two years. This summer they have rebounded with gusto, as evidenced by successes like Collision, driven by pent-up demand for a return societal normalcy. Of course, two years is a long time for tech to stay quiet. So you may notice some changes to the live […]