Dapper Labs Cuts 22% of Workers as NFT Market Craters

Dapper Labs Cuts 22% of Workers as NFT Market Craters

by Jeremy

On the similar time, on-chain knowledge exhibits that market curiosity in Dapper Labs’ merchandise is declining, following a broader pattern of buyers shying away from NFTs. On NBA High Shot, October gross sales quantity got here in at $2.6 million, down from $40.8 million throughout the identical time final yr. Through the top of NFT mania, the NBA High Shot market generated $224 million value of NFT trades in February 2021 throughout 80,822 distinctive consumers and 1.2 million transactions.

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