Dapper Labs laid off 22% of staff in the bear market – Katoch Tubes
Dapper Labs stuck in bear market
Dapper Labs stuck in bear market
About Dapper Labs
About Dapper Labs
Founded in 2018 Dapper Labs is the creator of Flow blockchain, CryptoKitties &
NBA Top Shot NFTs.
The Crypto Bear Market
The Crypto Bear Market
The crypto bear market has eroded the market cap of both crypto & NFT industry resulting in revenue decline and low demand.
Dapper Revenue Decline
Dapper Revenue Decline
Acc. to reports, Dapper Labs has lost 90% of its NBA TOP Shot sales volume from $224 million to just $2.6 million dating from Feb 2021
The Layoffs
The Layoffs
Taking measures, the company has decided to reduce its staff capacity by 22% this year.
Focus Areas
Focus Areas
The company is focused on building a community driven, mobile first platforms to regain the lost share.
Dapper Russia Ban
Dapper Russia Ban
Checkout the news of Dapper Labs banning Russian users.
Learn more
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Play & Earn BUSD
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