Unlocking fandom through memorable moments and digital collectibles is still nascent. The possibilities are enormous and we’re only just scratching the surface. With new funding and an NFT partnership with La Liga, Dapper Labs hopes to unlock the future of fandom in the metaverse.
RECUR, a non-fungible tokens platform, has raised $50 million of Series A financing led by Steve Cohen, the billionaire owner of the New York Mets. RECUR has signed a deal with the Pac-12 Conference to sell the league's NFTs.
Sales and trading in nonfungible tokens (or NFTs) have gone from increasing to skyrocketing. They’re new. Their values can be volatile. But for those with U.S. tax obligations they can also be a goldmine for the IRS.