Dapper Labs Halts New NFL All Day NFT Issuance Amid Licensing Deal
- Dapper Labs announced it will stop issuing new NFTs for its NFL All Day platform, though existing collectibles remain tradable on the marketplace.
- The company signed a new licensing agreement with the NFL, with further details to be disclosed closer to the next season.
- Following the announcement, sales volume surged, reaching nearly $32,000 on Wednesday and over $53,000 by Thursday.
- Unique sellers increased from under 100 last week to more than 400 on Thursday.
Dapper Labs’ decision to halt new NFT issuance for NFL All Day comes amid a fresh licensing deal with the league. The move has sparked increased trading activity as collectors react to the news.
Sales volumes have significantly risen following the announcement, indicating active market engagement despite concerns over future collectible value. (Source)