NBA Top Shot
NBA Top Shot has generated a lot of NFT sales.
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CryptoKitties and NBA Top Shot maker Dapper Labs raises $305 million

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Dapper Labs, the maker of blockchain-based digital collectibles CryptoKitties and NBA Top Shot, has raised $305 million in a new round of funding.

Dapper Labs is also the creator of the Flow blockchain network, an alternative to the Ethereum cryptocurrency network. It uses that network as the foundation for nonfungible tokens, or NFTs, which use the secure and transparent nature of the digital ledger (blockchain) to ensure the uniqueness of each digital item.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.