Dapper Labs partners with Dr. Seuss Enterprises launch themed NFT platform
December 15, 2021, 3:59PM EST
1 min read
Their name is Dr. Seuss Enterprises, and they now speak for the NFTs.
Specifically, Dr. Seuss Enterprises — a children’s entertainment company that holds the rights to the Dr. Seuss books — has partnered with the NFT developer Dapper Labs and a digital collectibles startup called Tibles to create non-fungible tokens (NFTs) Dr. Seuss’s work.
These NFTs, called “Seussibles!,” are built on the Flow blockchain developed by Dapper Labs and can be bought on the Apple app store with fiat currency or crypto.
Users can also swap Seussibles! on the platform, advertising which collectibles they’re looking for and are willing to trade for, as well as showcase their collection on their profile.
Founded in 2018, Tibles (as in “collectibles'') received $1.14 million in seed funding from Dapper Labs on May 20 of this year.
Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction.
Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.