Block Chain

Sportium Announces Strategic Partnership with Dapper Labs

Emerging Non-Fungible Token (NFT) platform Sportium has announced the profitable shut of funding from Dapper Labs by signing a bilateral MOU, as they each pursue a strategic partnership in serving to Sportium fulfil its potential.

Per the announcement, Sportium will leverage the Flow blockchain platform as the inspiration to roll out its multi-sports NFT platform. Drawing on the experience of Dapper Labs in efficiently launching and managing the CryptoKitties and NBA Top Shot platforms, the Sportium group sees the larger firm as the best choice that may assist it attain its development projections.

“Ever since the first moment we were introduced to the Sportium team and their vision, they never cease to impress us with the team’s engineering and execution capabilities. Combined with our know-how coming from experiences operating NBA Top Shot and our other successful NFT projects, we have a strong conviction that Sportium could be something of tremendous potential to make a dent in the NFT industry,” the announcement reads, drawing on the remark from Dapper Labs.

While the funding secured from Dapper Labs was not revealed, it adopted an earlier spherical, led by Libertus Capital, Animoca Brands, and Folius Ventures, all of which Sportium will channel into creating its model within the NFT gaming and metaverse ecosystem.

“This new financial and strategic partnership will further reinforce Sportium’s endeavours to become the global leading marketplace and ecosystem to play with, trade, and earn sports NFTs. Dapper Labs brings to the table the experience of developing and operating the most successful sport NFT marketplace in the world,” the Sportium group stated, detailing its plans with the host of bonds it has created recently.

Sportium comes off as one of many newest NFT and Metaverse innovators to obtain backing from established manufacturers and Venture Capital companies, most of that are taking strategic positions in being amongst the core drivers of the longer term metaverse that’s being envisaged.

Image supply: Shutterstock

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