NFTs have been one of the most profitable asset classes of the last year individual digital artworks selling for millions of new collections. But have you ever stopped and wondered what the top three most influential NFT issuers are?
A famous Youtube Channel about Crypto, Coin Bureau, has highlighted them and helped people understand exactly why these top three NFT issuers have been all the rage.
NFT Sector Overview
Before getting to know about NFTs, let’s have a quick overview of it. NFTs have become some of the most valuable assets for content creators artists and businesses operating in the digital realm ushering in a true paradigm shift in the way creators interact with their digital content and the way real-world companies conduct business.
NFTs offer some of the most sophisticated and cutting-edge use cases with a never-ending supply of collections and aspiring NFT artists.
Larva Labs
The first issuer is Larva Labs. Larva Labs is a mobile software development company based in New York City. The company was founded in 2005 by John Watkinson and Matt Hall, two senior software developers who deem themselves as “creative technologists that have worked on almost every kind of software”.
Matt and John worked on large-scale infrastructure leading-edge genomics analysis software 8-bit role-playing games. The largest open-source repository of legal documents is called Docracy and various Google-powered apps such as Androidify and Flow Home.
Larva Labs is perhaps best known for its blockchain-based art projects which include the incredibly well-established Cryptopunks, Autoglyphs, and Meebits.
Dapper Labs
The second one is Dapper Labs. Dapper Labs is a Vancouver-based blockchain company specializing in making video games and delivering NFT technology to large media and entertainment entities. Dapper Labs was founded in 2018 by Roham Gharegozlou and it was spun out of Axiom Zen an award-winning venture studio also founded by Roham that specializes in mainstream applications of new platforms and emerging technologies.
Dapper set out to design its own purpose-built blockchain infrastructure called Flow to support on-chain functionalities allowing for fast and low-cost transactions, which make sense for certain dApps such as NFT marketplaces and crypto-infused games.
Cryptokitties is Dapper’s most successful development to date is the NBA Topshop, platform NBA top shot, where users can buy sell and trade iconic in-game moments from their favorite NBA players.
Its partnership with other top-tier sporting brands such as the UFC (Ultimate Fighting Championship) and the NFL (National Football League). Dapper Labs does have some competition in the sports collectible space
Yuga Labs
Yuga Labs is the last issuer to mention. The team at Yuga announced that they had started working on the proof of concept for the BAYC in February of 2021 with a team of artists and graphic designers to come up with the Yacht Club’s Apes.
There are jpeg images that starring a groovy monkey and it ultimately just screams elitism. But its intrinsic value has been fostered by a plethora of high-tier artists musicians and superstar athletes, who have joined the Yacht Club at different times throughout 2021.
This has boosted its brand awareness aesthetic relatability and social status on a global scale and it has arguably made Yuga Labs become one of the most influential and universally recognized NFT studios.
Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587
Read more:
- No, Ripple CEO Brad Garlinghouse Is Not Giving Away XRP
- How to Face The Bear Market and 2 Altcoins Can Make Profits In This Situation