Decentralizing Dapper Labs’ NFT Ecosystem
Last February, a federal judge ruled that the case could proceed, noting that NBA Top Shot NFTs are hosted on Flow, a blockchain developed by Dapper Labs. The judge deemed Flow as a “private” blockchain, unlike more decentralized networks like Bitcoin or Ethereum.
In response to the lawsuit, Dapper Labs has made changes to decentralize its operations. As part of the settlement, the company had relinquished ownership of all $FLOW tokens meant for the Ecosystem Reserve to the independent Flow Foundation.
Dapper Labs had already addressed other demands, such as allowing third-party marketplaces to trade Top Shot NFTs.
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