The NFT “stickers,” called Seussibles!, are built on Vancouver-based Dapper Lab’s Flow blockchain in partnership with the digital- collectibles company Tibles, a New York City-based company in which Dapper led a US$1.14-million seed investment round in May. (The Logic)
Talking point: Dapper is a prolific investor. Since April, it’s taken stakes in 22 companies in addition to acquiring virtual-influencer startup Brud, according to PitchBook. The Seussibles launch shows how those investments could grow Dapper’s own business, and the ecosystem around Flow, its proprietary blockchain. Rather than making use of an existing widely used blockchain like Ethereum, Dapper has taken on the difficult and risky task of building its own from scratch. Attracting developers and projects to Flow will be crucial to its long-term success.