The two Vancouver-based tech companies joined Samsung Next, Coinbase Ventures and other investors in the financing round for the Miami-based platform, which aims to make digital collectibles mainstream, including through a collection tied to the upcoming Space Jam sequel. (The Logic)
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The two Vancouver-based tech companies joined Samsung Next, Coinbase Ventures and other investors in the financing round for the Miami-based platform, which aims to make digital collectibles mainstream, including through a collection tied to the upcoming Space Jam sequel. (The Logic)
Talking point: Dapper and BBTV both see potential in using NFTs to create new revenue streams from brands and intellectual property with mainstream cachet. Dapper demonstrated that fans will shell out big money for blockchain-based digital collectibles with its hit NBA Top Shot, and has partnerships with other big names in entertainment. BBTV, which helps individuals and brands make money from online content creation, launched an NFT division in May, saying it plans to leverage IP from its content library. The NFT market has cooled off from the heady days of early 2021, but the investment shows major players still see long-term potential in the phenomenon.
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