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Dapper Labs cuts headcount by 22 percent as NFT sales slump

The CEO said that the company grew too fast—from 100 to over 600 employees in less than two years—which prevented Dapper Labs “from being as aligned, nimble and community-driven as we need to be.”

The news comes mere hours after reports that Dapper Labs’ most popular NFT marketplace, NBA Top Shot, hit a nearly two-year low for monthly sales.

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