NBA Top Shot – DIGIT INFO

Dapper Labs’ $4M settlement reaffirms NBA NFTs aren’t securities: CEO

DIGIT — Tue, 04 Jun 2024 05:05:52 +0000

Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities.

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Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities

DIGIT — Thu, 23 Feb 2023 02:19:55 +0000

A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued […]

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A beginner’s guide to NBA Top Shot NFTs

DIGIT — Wed, 21 Dec 2022 16:40:34 +0000

The collective sales volume of NBA Top Shot NFTs has dropped 99% from its February 2021 peak.

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Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

DIGIT — Mon, 10 Oct 2022 07:35:49 +0000

Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms to Latest EU Restrictions Against Russian Federation Dapper Labs, the creators […]

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Dapper Labs suspends Russian accounts after new EU sanctions

DIGIT — Mon, 10 Oct 2022 03:24:21 +0000

The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law.

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NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us

DIGIT — Tue, 04 Oct 2022 22:30:02 +0000

In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively at Macy’s and Toys”R”Us. Veefriends holds the 20th position in terms […]

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Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts

DIGIT — Thu, 22 Sep 2022 19:30:59 +0000

Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical […]

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Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push

DIGIT — Wed, 31 Aug 2022 21:30:55 +0000

This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth started working with the Dapper Labs-managed Flow. Ticketmaster Has Minted More […]

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Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion

DIGIT — Fri, 20 May 2022 16:30:05 +0000

Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the […]

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Top Shot creator unveils $725M fund to support Flow ecosystem

DIGIT — Wed, 11 May 2022 02:04:57 +0000

The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi, and content creator products on the NFT blockchain.

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