Dapper Labs, the company behind NBA Top Shot, has settled a class action lawsuit with customers who claimed that Top Shot NFTs were illegally offered securities. As part of the settlement, Dapper will pay $4 million to the plaintiffs and they will forfeit any future claims that Top Shot NFTs are securities. The settlement provides legal clarity and allows Dapper Labs to focus on delivering experiences for its users.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
