PANews reported on May 15th that, according to Decrypt, Dapper Labs announced that its digital collectibles platform, NFL All Day, in partnership with the NFL, will cease issuing new NFTs, but existing collectibles will still be available for purchase and sale on the marketplace. Dapper Labs CEO Roham Gharegozlou stated that the company has signed a new licensing agreement with the NFL and will announce details closer to the next season. As part of the adjustment, the platform will offer collectors a "Founder Collector" badge and introduce a 5% Dapper balance rebate, but these will be released only after holding the purchased items for one year.
Following the announcement, trading volume on the NFL All Day market surged, exceeding $53,000 on Thursday, with the number of sellers jumping from less than 100 last week to over 400 on Thursday. Some collectors complained that their offers were still accepted after the announcement, resulting in the purchase of NFTs with significantly reduced value. Dapper Labs stated that it is working to move forward with the next phase of development for NFL digital collectibles.




