These Two Sports-focused NFT Startups Raised Over $900 Million in Two Days

NBA Top Shot ZrynC8

The sports industry has been one of the fastest adopters of the NFT revolution in the market. This industry has unlocked the major utility of NFT in sports thereby driving further the collectors’ economy.
On Wednesday, September 22, Dapper Labs, the creator of the popular fantasy basketball NFT game – NBA Top shot – raised another $250 million. The recent funding led by Coatue comes at a valuation of $7.6 billion.
Interestingly, some of the big players like Singaporean sovereign wealth fund GIC also participated. Among the existing investors are giants like Andreessen Horowitz, GV and Version One Ventures. Speaking to CNBC, Roham Gharegozlou, Dapper Labs’ CEO said:
“Part of this funding will go toward expanding functionality on NBA Top shot, developing a mobile product, and connecting the digital collecting experience with the experience of a fan showing up to a live game, or even supporting their team on social media”.
Also, the news comes just a day after the fantasy foot

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Źródło: https://coingape.com/these-two-sports-focused-nft-startups-raised-over-900-million-in-two-days/

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