Dapper Labs laid off 22% of staff in the bear market – Katoch Tubes

 Dapper Labs stuck  in bear market

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 has eroded the market cap of both crypto & NFT industry resulting in revenue decline and low demand.

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

Taking measures, the company has decided to reduce its staff capacity by 22% this year.

Focus Areas

The company is focused on building a community driven, mobile first platforms to regain the lost share.

Dapper Russia Ban

Checkout the news of Dapper Labs banning Russian users.

Learn more

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