Due to publicity on January 3, Dapper Labs became the first NFT company to register federally to lobby the US government. The company joins a growing list of crypto-influencers who have taken the congressional platform to influence new guidelines.
Vancouver-based Dapper Labs offers a range of products based on non-fungible tokens (NFT) and DApps. These include games like CryptoKitties, where players can raise and raise NFT cats, and Cheeze Wizards, a series of tournaments where collectible characters can compete against each other. In addition, Dapper Labs has partnered with the NBA and is responsible for Top Shot, the NFT marketplace that sells the best basketball moments. The UFC is also partnering with Dapper Labs to offer a similar service in the near future.
According to the announcement, Dapper Labs has hired Crossroads Strategies as a lobbying company. The company said it would push for “policies for NFT, Blockchain and Financial Services.” In addition to appointing a lobbying firm, Dapper Labs also appointed Alison Cutler as the new Head of Government Relations in November 2021. Cutler is a former chair of the Bureau of Consumer and Government Affairs and special adviser to the chairman of the Federal Communications Commission from June 2015 to April 2017.
Since then, Cutler has also signed up to lobby on behalf of Dapper Labs, according to public reports released the day after Dapper Labs was officially registered on Tuesday, January 4, 2022.
Dapper Labs has not revealed much about its intentions, according to spokesperson Rachel Rogers, but said that they want to contribute to “education and mass adoption of Web3”.
As NFTs become more involved in popular culture, lobbyists are optimistic about future policies. In any case, both lobbyists and politicians will have to continue to struggle with the implications of blockchain technology for future regulations.