In brief
NFL All Day will no longer issue new NFTs, though existing collectibles can still be bought and sold via the marketplace.
Dapper Labs said it signed a new licensing deal with the NFL and will reveal plans closer to the start of the next season.
All Day marketplace sales volume has picked up as collectors grapple with the news.
Dapper Labs, the firm behind licensed digital sports collectibles platform NBA Top Shot and NFL All Day, will no longer create new football collectibles for its licensed NFL platform, it announced on Wednesday. The decision does not affect existing NFTs on the platform, which can still be bought and sold via the site’s marketplace. “Today we are stopping primary issuance for our NFL All Day product, and announcing the signing of a new licensing agreement with the NFL,” Dapper Labs CEO and Flow blockchain co-founder Roham Gharegozlou posted on X. “We will share details on this as the season approaches.” As part of the changes, the firm is committing to two new initiatives for collectors on the platform, including providing them with a “Founding Collector” label and issuing a 5% Dapper balance rebate on purchases—though collectors need to hold the purchased collectible for a year to release the rebate.
