Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered collectibles Cryptokitties and NBA Top Shot, has completed a dutch auction for the native token of their blockchain, Flow. Dutch auctions allow investors to place bids at which they are willing to purchase tokens prior to the commencement of the sale, with the price moving down from the opening price until all of the tokens are sold. All participants pay the same final clearing price. Bidding for the Flow auction started at $1 at 5 am PT on Oct. 6, and lasted for five hours before finding a final settlement price …
NBA TopShot, the flagship non-fungible token (NFT)-powered game built by Dapper Labs on their Flow blockchain, has launched in open beta. The transition to public beta came on October 1, alongside Top Shot’s launch on the Samsung Galaxy Store. Top Shot is the first app offering blockchain-based collectibles to launch on Samsung’s mobile shop. It is not yet available in the Android app store. Top Shot allows users to collect multi-media “moments” of varying scarcity representing significant highlights across basketball’s history. The limited edition tokens feature video and statistics depicting an event — like a buzzer beater shot — with …
The U.S. dollar stablecoin of top crypto exchange Binance, BUSD, has become the latest stable token to announce it will launch on Dapper Labs’ Flow blockchain. The news comes just days after the platform added the rival USD Coin (USDC) stablecoin. Dapper Labs, the team behind pioneering non-fungible token (NFT)-powered games CryptoKitties and NBA TopShot, began working on Flow to address the scaling issues with Ethereum (ETH) that CryptoKitties starkly exposed after launching in late 2017. The new partnership will allow developers building on Flow to permissionlessly integrate BUSD into their decentralized applications (DApps), with the firms asserting that BUSD …
Dapper Labs, the team behind CryptoKitties, has launched a peer-to-peer (P2P) marketplace allowing beta players of its NBA Top Shot game to trade their non-fungible token (NFT) collectibles. The launch of Top Shot’s marketplace will give players the opportunity to own tokens that were limited to the game’s now sold-out first wave of collectibles — allowing players to expand and complete their crypto-collections and unlock unique rewards. The game, which has been built on Dapper Labs’ Flow blockchain, features NFTs representing significant "moments" in basketball history. The tokens offer multimedia experiences that allow owners to explore videos and statistics relating …
Happy white paper day, Bitcoin. It’s been 14 years since Satoshi Nakamoto first sent an email to the Cypherpunk mailing list with the subject line, “Bitcoin P2P e-cash Paper.” The email included a link to the white paper, an outline of what would soon become a one trillion-dollar market. The first sentence of the email has become iconic among the Bitcoin community: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” Over the past 14 years, Bitcoin (BTC) has morphed from a hobbyist pastime into a globally recognized brand. Bitcoin has been …