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Support CenterNewsNFL and Dapper Labs will release NFTs by the end of the current regular season
NFL and Dapper Labs will release NFTs by the end of the current regular season
2022/03/08 15:16:25

(Photo Credit:Dapper Labs)

The NFL and the NBA Top Shot-creator Dapper Labs are prepared to announce a deal on an American football-oriented NFT platform in the coming days. Citing anonymous sources, Sports Business Journal reported that both NFL and NFL Players Association will take an equity stake in Dapper Labs.

The National Football League (NFL), NFL Players Association (NFLPA) and Dapper Labs, creators of the popular NFT projects like NBA TopShot and CryptoKitties, are reportedly planning to launch an American football-oriented NFT marketplace.

Sports Business Journal reported on the deal Tuesday, citing anonymous sources. The site reported that the NFL and NFLPA will acquire equity in Dapper Labs, and that the new American football NFT marketplace is predicted to arrive before the end of this year’s football season in early January of 2022.

Much like with the popular NFT platform NBA TopShot, this new platform would allow users to buy and sell trading card-like NFTs of NFL sports highlights, per the report.

Dapper Labs secured $250 million in funding earlier this month, The Block previously reported, bringing the startup’s total valuation to $7.6 billion. Dapper Labs raised $305 million earlier this year.

(Article Courtesy of The Block) 

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