Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

Cointelegraph reached out to Dapper Labs for further comments however had not heard back at the time of publication. Related: Dapper Labs NBA Top Shot Moments might qualify as a security, states US judgeDapper Labs is known for establishing well-known collectibles such as CryptoKitties and NBA Top Shot. Excerpt from @clegainz comments on Dapper Labs personnel cuts.

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Nonfungible token collection and technology firm Dapper Labs has revealed its 3rd round of personnel layoffs in less than a year.On July 13, Dapper Labs CEO Roham Gharegozlou revealed that the company has actually said bye-bye to “51 brilliant coworkers and good friends.” In a note to workers, he stated that the latest round of cuts includes full-time staff and C1 professionals.