![]() You will be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and assessments (except taxes on our net income) now or hereafter claimed or imposed by any governmental authority (collectively, the “Taxes”) associated with your use of the App. Putting on his Axiom Zen hat, Sam said they also want to build a blockchain advocacy group, consisting of like-minded Canadian companies, big and small, to make the case to all levels of government that the new technology isn’t scary and it could be used to reduce bureaucracy.įor example, Sweden has experimented with putting its land registry on the blockchain, which created a single, secure public ledger of transactions related to a real estate deal that banks, brokers, buyers, sellers and government can all access, thereby streamlining a historically complicated process.(iii) Responsibility for Taxes. “We can’t wait to give the more than 300 million NFL fans the opportunity to own the game that matters to them and engage with the sport in a whole new way,” Roham said of Dapper Labs’ NFL deal in a release this week.īut the brothers harbour ambitions beyond the sports world. By the spring of 2018, its top-selling kitty had rung in at US$140,000, and Dapper Labs was born, backed by US$12 million in investor money, an early show of faith that has clearly paid off.ĭigital collectibles was another revenue source the NFL was ready to mine, and the tech team with a proven track record of results just happened to be the crew up in Vancouver. CryptoKitties, a video game, where players create, buy, sell and trade adorably fuzzy virtual cats, has done more than US$40 million in sales. One such experiment was CryptoKitties, a video game, where players create, buy, sell and trade adorably fuzzy virtual cats. They wanted to experiment, refine, experiment some more and hopefully create something they could launch into the market and potentially spin out into its own company. The team would do pay-for-hire work, creating apps and whatnot for big corporate clients, and roll whatever profits they made into in-house projects. What the brothers aspired to do in forming their tech incubator/venture firm, Axiom Zen (the official corporate name is Launch Labs Inc.), in 2012 was to attract an all-star team of talent. This advertisement has not loaded yet, but your article continues below. ![]() Roham is the talker, the “salesman,” Sam said. It is Roham, the extrovert, who shows up at tech conferences, does the Ted-X thing and is invariably the brother quoted in press releases announcing Dapper Labs’ latest success. Hiccups, cancellations and crowded schedules ensued, until a Tuesday afternoon in late September when a bearded, impeccably polite, naturally introverted, smart - and confessional - Sam Gharegozlou appeared on a Zoom call from Vancouver and offered, apologetically, that he had limited experience speaking to journalists and had never spoken to a national publication. We here at the Financial Post have been wondering the same thing since mid-February, when an initial request for an interview with the siblings was submitted. If you’re wondering who the heck these two young upstarts are and how they got the NBA, NFL and others on board, you are not alone. Article content Along with the National Football League, Dapper Labs also has partnerships with with Spain’s premier soccer league and Ultimate Fighting Championship (UFC). ![]() Roham is chief executive, Sam is a board member, and the sky, apparently, is the limit, as the company has been valued at US$7.6 billion and counts the greatest basketball player ever, Michael Jordan, among its investors. It is also a partnership between the NBA, the NBA players’ union and Dapper Labs Inc., a Vancouver-based company that has the Gharegozlou brothers’ fingerprints all over it.ĭapper Labs this week announced its latest digital collectibles coup by partnering with the National Football League and its players, following previously announced partnerships with Spain’s premier soccer league and Ultimate Fighting Championship (UFC), a drumbeat of deals that positions a plucky West Coast company at the leading edge of a red hot new industry for collectors, investors, fans and professional athletes. Article content NBA Top Shot is a blockchain-based platform where fans (and speculators) can buy, sell and trade officially licensed NBA highlights, paying by either credit card or cryptocurrency.
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