Dapper Labs

Dapper Labs

Creates blockchain-based digital collectibles and games

About Dapper Labs

Simplify's Rating
Why Dapper Labs is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Crypto & Web3

Entertainment

Gaming

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$602.5M

Headquarters

Vancouver, Canada

Founded

2018

Overview

Dapper Labs creates digital experiences using blockchain technology, focusing on digital collectibles and gaming. Their products allow users to collect, trade, and interact with unique digital assets. Notable offerings include CryptoKitties, where users breed digital cats, and Cheeze Wizards, a battle royale game. They also partnered with LaLiga for LaLiga Golazos, a platform for football fans to collect digital memorabilia, and Disney Pinnacle, which features digital pin trading for Disney fans. Dapper Labs generates revenue through direct sales of digital assets and transaction fees from trades, fostering an active community. The company prioritizes security and decentralization, ensuring users truly own their digital assets, while also supporting the professional growth of its team. Dapper Labs aims to blend blockchain technology with digital entertainment, providing unique experiences for collectors and gamers.

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Simplify's Take

What believers are saying

  • Dapper Labs is Canada's top unicorn, valued at over $7.6 billion as of 2023.
  • Partnerships with Disney and NFL expand Dapper Labs' reach in digital collectibles.
  • Investor confidence is strong, with $13.5 million raised in a recent equity offering.

What critics are saying

  • A $4 million settlement indicates potential legal vulnerabilities in Dapper Labs' business model.
  • Intensifying competition in the NFT market could challenge Dapper Labs' market position.
  • Reliance on major franchise partnerships poses risks if these are not renewed.

What makes Dapper Labs unique

  • Dapper Labs pioneered blockchain-based digital collectibles with products like CryptoKitties and NBA Top Shot.
  • The company collaborates with major franchises like Disney and the NFL for unique digital experiences.
  • Dapper Labs emphasizes user ownership and security in its blockchain technology offerings.

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Funding

Total Funding

$602.5M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Active Professional Development

Leadership Opportunities

Speaker Travel Budget

Flexible Parental Leave Policies

Flexible Time Off & Remote Work Policy

Commuter Reimbursement

Holistic Initiatives

Fitness Reimbursements

Expanded Insurance

“Live-the-Brand” Products

Top-Line Equipment

Company-Paid Phone Plan

Zen Workspace

Staying Together

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

-3%
Toronto Sun
Jul 30th, 2024
Dapper Labs lead way as Canada's top unicorn company: Analytics firm

A new report has found video game developer Dapper Labs is the No. 1 unicorn company in Canada with its worth pegged at more than $7.6 billion.

BetaKit
Jun 7th, 2024
Dapper Labs Reaches Tentative Settlement In Nba Top Shot Class-Action Suit

The settlement, if approved, would require Dapper Labs to make a $4-million payment

NFT Evening
Jun 4th, 2024
$4 Million Settlement: Dapper Labs Ends Legal Battle Over NBA Top Shot NFTs

Moreover, Dapper Labs will enact changes for Flow blockchain decentralization and implement a staff training program on federal securities laws.

Bitget
Feb 10th, 2024
NFT of Tom Brady sells for $40,000 ahead of Super Bowl drops promoted by Joe Montana, John Elway

Dapper Labs partnered with the National Football League and NFL Players Association to launch NFL All Day in 2022.

Yahoo Finance
Jan 4th, 2024
Dapper Labs Raising $13.5M in Equity Offering

The NBA Top Shot creator is nearly halfway to the goal.

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