Non-Fungible Tokens (NFTs), once the red-headed stepchild to more popular smart contract implementations, are finally beginning to have their day in the sun. Average purchase prices of NFTs on peer-to-peer exchanges are rising sky-high. Six-figure sales are no longer uncommon. Dapper Labs, the minds behind the great-granddaddy of NFT collectible projects, CryptoKitties, have attracted significant investment for their native blockchain Flow -- including investment from NBA stars. All this progress leads some to wonder, however: where are NFTs going next? One person who might be able to glean some insight is Aavegotchi co-founder Jesse Johnson. Johnson was working with asset-backed …

Coincheck, one of the largest cryptocurrency exchanges in Japan, is expanding its push into non-fungible tokens, or NFTs, with a new partnership with the developer of CryptoKitties. According to an Oct. 6 announcement, Coincheck has partnered with Dapper Labs, which developed one of the world’s most popular decentralized applications launched on the Ethereum blockchain. Coincheck said that the new partnership will bring NFTs to a mainstream Japanese audience by providing exposure to millions of its users. Coincheck plans to integrate the CryptoKitties app into its upcoming NFT marketplace. The exchange is also considering implementing the Dapper Labs-founded Flow blockchain, which …

Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered collectibles Cryptokitties and NBA Top Shot, has completed a dutch auction for the native token of their blockchain, Flow. Dutch auctions allow investors to place bids at which they are willing to purchase tokens prior to the commencement of the sale, with the price moving down from the opening price until all of the tokens are sold. All participants pay the same final clearing price. Bidding for the Flow auction started at $1 at 5 am PT on Oct. 6, and lasted for five hours before finding a final settlement price …

NBA TopShot, the flagship non-fungible token (NFT)-powered game built by Dapper Labs on their Flow blockchain, has launched in open beta. The transition to public beta came on October 1, alongside Top Shot’s launch on the Samsung Galaxy Store. Top Shot is the first app offering blockchain-based collectibles to launch on Samsung’s mobile shop. It is not yet available in the Android app store. Top Shot allows users to collect multi-media “moments” of varying scarcity representing significant highlights across basketball’s history. The limited edition tokens feature video and statistics depicting an event — like a buzzer beater shot — with …

The U.S. dollar stablecoin of top crypto exchange Binance, BUSD, has become the latest stable token to announce it will launch on Dapper Labs’ Flow blockchain. The news comes just days after the platform added the rival USD Coin (USDC) stablecoin. Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered games CryptoKitties and NBA TopShot, began working on Flow to address the scaling issues with Ethereum (ETH) that CryptoKitties starkly exposed after launching in late 2017. The new partnership will allow developers building on Flow to permissionlessly integrate BUSD into their decentralized applications (DApps), with the firms asserting that BUSD …

The famous English rock band Muse is teaming up with Dapper Labs, the company behind the viral blockchain game CryptoKitties. The collaboration, which follows Dapper Labs’ partnership with Warner Music Group, will center on the creation of two blockchain-secured crypto-collectibles, including a limited edition Kitty “signed” by the band. Projects such as CryptoKitties involve unique but tradeable blockchain assets — known as non-fungible tokens — that can be used to represent all manner of virtual and equally, real-world goods. Video games, digital art and even memes can be tokenized and monetized, circulating on the blockchain in a peer-to-peer community of …

Dapper Labs, the team behind CryptoKitties, has launched a peer-to-peer (P2P) marketplace allowing beta players of its NBA Top Shot game to trade their non-fungible token (NFT) collectibles. The launch of Top Shot’s marketplace will give players the opportunity to own tokens that were limited to the game’s now sold-out first wave of collectibles — allowing players to expand and complete their crypto-collections and unlock unique rewards. The game, which has been built on Dapper Labs’ Flow blockchain, features NFTs representing significant "moments" in basketball history. The tokens offer multimedia experiences that allow owners to explore videos and statistics relating …

Non-Fungible Tokens (NFTs) are emerging as a very popular blockchain trend in gaming, as they're also now being used in the sports industry (ticketing), financial services, and as a way to sell and transfer property, highlighted Craig Russo, director of innovation of an investment firm and startup ecosystem, Polyient Games. In an interview with Cointelegraph, Russo explains that NFTs first captured the attention of the mainstream crypto community in 2017 with the launch of Ethereum (ETH) collectibles game, CryptoKittie. Since then, Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across all digital …

Dapper Labs, the team behind the pioneering non-fungible token (NFT) game CryptoKitties, has partnered with Dr. Seuss Enterprises to launch tokenized digital collectibles depicting the company’s most iconic characters. Announced on July 21, the deal will see digital experiences created alongside tokenized representations of Dr. Seuss’s most popular characters include Cat in The Hat, The Lorax, and Thing One and Thing Two. Cat In The Hat goes crypto Dapper will sell digital packs of the crypto collectibles, allowing fans to assemble and curate NFT collections. Fans who assemble specific 'sets' of tokens will unlock exclusive content, and be able to …

It’s been a relatively calm time for Bitcoin this week. The price has dropped a little, but not much and it’s still tickling $10,000. That makes concerns about a correction that takes the coin as low as $7,700 feel moot. If it happens, some experts say it would be a buying opportunity. Others though, think that price would be great for sellers. Investor Jim Rogers thinks that Bitcoin will eventually fall to zero and fade away. Max Keiser hopes that Rogers is wrong. The RT television personality has been saying that buying Bitcoin is the best way to address the …

Dapper Labs, the team behind the Ethereum-based non-fungible token (NFT)-powered game CryptoKitties, has launched its forthcoming NBA TopShot game in beta. Cointelegraph experienced a sneak preview of the game, which allows players to own, trade and play with tokenized representations of key moments in NBA history. NBA TopShot is built on Dapper’s Flow blockchain. NBA TopShot launches in beta Speaking to Cointelegraph, Dapper Labs’ head of partnerships and marketing, Caty Tedman, stated that “the product is meant to give fans a piece of ownership over the action that happens on court.” Tedman described TopShot as uniquely allowing fans to “truly …

Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address many of the challenges the team encountered in launching on and “breaking” Ethereum — with CryptoKitties causing unprecedented network congestion on the Ethereum network when it launched on mainnet. Dapper also devised a new proprietary smart contract-oriented programming language designed for smart contracts for Flow called Cadence — which is currently being explored by Libra as part of a tech sharing deal between the two entities. Dapper Labs’ chief executive Roham Gharegozlou told …