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Dapper Appoints Two Executives as NFL NFT Marketplace Hits $5 Million in Sales

Dapper_Appoints_Two_Executives_as_NFL_NFT_Marketplace_Hits_$5_Million

Dapper Labs has appointed new executives to help oversee its non-fungible token (NFT) initiatives. The company announced Monday the appointment of Dzmitry Markovich as SVP of engineering and Stephanie Lemmerman as CFO.

Markovich formerly served as the vice president of engineering at Dropbox, while Lemmerman served as the chief financial officer of Recharge Payments prior to joining Dapper and its rapidly developing Web 3 operations.

Markovich told CoinDesk that “Web 3 is attracting so much talent because it is developing at a far faster pace than companies like Google, Apple, and so on.” “While there are still many unknowns, people want to be a part of something meaningful,” the entrepreneur explains.

The hirings were prompted by the unveiling of Dapper’s “NFL All Day” NFT marketplace, a National Football League-licensed counterpart to the company’s crown jewel, NBA Top Shot. According to a representative, the football marketplace had over 90,000 transactions totaling $5 million between February 22 and 24.

Dapper’s NFL platform is just one of numerous projects aimed at expanding the company’s reach into all facets of the developing non-traditional sports business. Additionally, the corporation has goals for the UFC and cricket sectors through its Flow blockchain.

Even by NFT standards, Dapper’s ambitions are financially viable. The firm closed a $250 million funding round in September with a claimed value of $7.6 billion.

“All Day could be a bigger thing than Top Shot at the end of the day. And All Day, from a technological point of view, we’re building a brand-new stack that we will be able to scale,” Markovich told CoinDesk in an interview. “The NFL brand in the United States is huge.”

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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