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Canadian VC rockets to $2.78B in Q1 2021; BC leads all provinces with $1.20B

Share this article Share this article BC venture backed companies raised $1.20 billion, equaling to the total VC raised by Ontario and Quebec companies combined ($1.24 billion) Dapper Labs US $304 million financing is Canadas largest VC financing all time BC cleantech and advanced agri-tech companies raised $277 million, representing 71% of All Canadian cleantech and advanced agri-tech disbursements US investors invested $1.51 billion, accounting for 54% of the total disbursements Investors...
Hong Kong United Kingdom British Columbia Ted Liu Media Data Company Canadian Companies

Legal Analysis: NFT Lawsuit Alleges Sale of NBA Top Shot Moments by Dapper Labs Violates Securities Laws

Legal Analysis: NFT Lawsuit Alleges Sale of NBA Top Shot Moments by Dapper Labs Violates Securities Laws A newly filed lawsuit alleges that the sale of NBA Top Shot “Moments” is in violation of the federal Securities Act of 1933, which is a law that aims to ensure investor protection when acquiring publicly-traded securities. Michael McCann and Jacob Feldman from Sporticonote that the Act intends to prevent fraudulent activities during the marketing of such securities. Vancouver-headqua...
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NBA Top Shot could be rife with fraud, an expert warns, as collectors struggle to make withdrawals

Blockchain blunder: NBA Top Shot, the leagues NFT platform, is ripe for money laundering, one expert says - and scores of IRATE collectors are struggling to withdraw their money The NBA and Canadian blockchain company Dapper Labs partnered to launch NBA Top Shot in 2019, offering fans the chance to buy tokenized league highlights and then sell them on a peer-to-peer market Non-fungible tokens are units of data that are stored on a blockchain, an electronic ledger that can only be altered public...
Michael Jordan Deandre Hunter Kevin Durant Sean Kelly Eric Paschall Thomas Brose

EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital – TechCrunch

EU-based digital assets platform Finoa inks $22M Series A funding led by Balderton Capital Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many U.S. or Asia-based operations. Thus it is that Berlin-based digital asset custody and financial services platform Finoa has closed a $22 million...
Colin Hanna Bankhaus Scheich German Federal Financial Supervisory Authority Bafin European Union Dapper Lab Balderton Capital

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Dapper Labs Reveals Plans For Next NFT Marketplace After NBA Top Shot

Dapper Labs Reveals Plans For Next NFT Marketplace After NBA Top Shot Share to Facebook Genies Today, Dapper Labs, the Vancouver-based startup best known as the creator of NBA Top Shot and CryptoKitties, popular marketplaces for tokenized digital collectibles known as NFTs, announced a partnership with  the celebrity-driven avatar technology company Genies to build a new marketplace on Dapper Labs’ Flow blockchain. Dapper Labs is currently valued at over $7.5 billion (according to a source ...
United States British Columbia Justin Bieber Akash Nigam Andrew Gertler Shawn Mendes
Source: forbes.com

What is NBA Top Shot and what should investors know about it?

April 20, 2021 Facebook/Los Angeles Lakers In recent months, NFTs have sent shockwaves throughout the global investment community. NFTs, also known as non-fungible tokens, are virtual tokens that certify an assets authenticity on the blockchain. In only a few short months in the mainstream, NFTs have sparked speculation about how they will affect the future of collecting and investing. The virality of NFTs is in part due to the fact that almost anything digital — art, videos, music, memes, an...
United States Lebron James Jack Dorsey Houston Rockets Dapper Lab National Basketball Association

Gamasutra: Ethan Levy's Blog - Three Ways the NBA Top Shot Economy Could Collapse

Three Ways the NBA Top Shot Economy Could Collapse by Ethan Levy on 04/12/21 02:45:00 pm     The following blog post, unless otherwise noted, was written by a member of Gamasutra’s community. The thoughts and opinions expressed are those of the writer and not Gamasutra or its parent company.   While scouting the market for new games for the N3TWORK Scale Platform, were always tracking the lat...
Lebron James Kevin Durrant Edition Moment Dapper Lab Sandbox Game Dapper Labs

The Cult of CryptoPunks – TechCrunch

Last month, hours before news of Beeple’s $69 million NFT sale grabbed the front pages of newspapers across the country, a pair of 24 x 24 pixel portraits of aliens wearing little hats sold separately for around $7.5 million each. The sales, which occurred within 20 hours of each other, didn’t garner the same headlines that the Beeple auction received, but there was a bit of coverage in the tech press, mostly because one of the aliens was sold by Dylan Field, the CEO of design software star...
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