Flow Down Bad

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    As the NFT market gained popularity, Dapper Labs, the creator of NBA Top Shot, tried to replicate its success with NFL-themed digital collectibles called NFL All Day.

    However, the launch did not go as planned, and Dapper Labs struggled to generate enough revenue to cover its minimum guarantees to OneTeam Partners, resulting in a failed attempt to attract new consumers.

    The impact of this development on Dapper Labs and the Flow NFT market is uncertain, but it could potentially harm investor confidence in their product. In this dashboard, we aim to explore the validity of this article and its potential impact on the NFT market.

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    Founded in February 2018, Dapper Labs aims to educate consumers about the value of blockchain technology through entertainment.

    Its most popular blockchain application, CryptoKitties, was one of the earliest and most successful blockchain projects outside cryptocurrency.

    The team also created Dapper, the first smart wallet available to the public. Dapper Labs has several upcoming projects, including Cheeze Wizards, the world's first blockchain-based battle royale game; NBA Top Shot, a platform created in collaboration with the NBA and NBPA; and Flow, a consumer-based blockchain for decentralized applications. The company has secured over $40 million in funding from notable investors such as Andreessen Horowitz, Union Square Ventures, Venrock, GV (formerly Google Ventures), and founders of Dreamworks, Reddit, Coinbase, Zynga, and AngelList, among others.