Dapper Labs Raises $5M for Music NFT Platform

Screenshot 2021-09-16 at 11-01-29 RCRDSHP.png

Full article by Eli Tan found here.

Key Points:

  • RCRDSHP, a digital collectible platform for music, completed its first round of investments led by Dapper Labs and notable NFT collectors Metakovan and Twobadour.

  • The initial round of investments raised over $5 million dollars.

  • The RCRDSHP marketplace will operate on the Dapper Lab’s Flow blockchain, which already hosts the NBA Top Shot NFT collection.

  • RCRDSHP has announced plans to release packs of collectibles that will “encapsulate a unique aspect of an artist, label, or festival’s musical world.”

  • The most recent pack released by RCRDSHP featured a combination of artist portraits and digital artwork. The 8,888 pack collection sold out in eight minutes.

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