Senior Execs Leave Web2 for Web3 as Dapper Labs Onboards Two New Hires

Dapper Labs has hired two new executives to help manage its NFT ventures after its NFL NFT marketplace raked in $5 million in sales in its debut week.
Image source: Dapper Labs

Quick take:

  • Dapper Labs has filled its SVP of engineering and CFO roles.
  • Both execs left their roles at Dropbox and Recharge payments.
  • Both hires follow the successful debut of Dapper Labs’ NFL NFT marketplace.

Following the successful debut of Dapper Labs’ NFL NFT marketplace, the company announced on Monday that it has hired two senior executives to help manage its NFT ventures.

Both new hires left their roles at Web2 companies. Dzmitry Markovich, former VP of engineering at Dropbox, has joined Dapper Labs as SVP of Engineering while Stephanie Lemmerman is now Dapper Labs’ new CFO. She was formerly CFO at subscriptions payments platform, Recharge Payments.

Markovich and Lemmerman join the rising number of senior executives making the jump from Web2 to Web3. 

Speaking to Coindesk in an interview, Markovich said: “Web 3 is attracting so much talent because the space is innovating much faster than companies like Google, Apple and so on. There are a lot of unknowns still, but people want to be a part of something big.”

NFT is opening new doors to job opportunities. NFTgators has discovered that just over the last two weeks, 26 NFT and Web3 related job ads have been posted on LinkedIn across various industries ranging from media, art, gaming to consumer goods.

Dapper Lab’s “NFL All Day” NFT marketplace went live in closed beta on Feb 23, allowing fans to collect iconic NFL moments in the form of digital video collectibles.

According to a representative, the football NFT marketplace saw over 90,000 transactions and $5 million in sales volume in its debut week.

Dapper Labs has been expanding its reach into the growing sports memorabilia NFT market. A recent report by Deloitte predicts that “NFTs for sports media will generate more than US$2 billion in transactions in 2022, about double the figure for 2021.”

Besides NFL All Day, Dapper Labs is also licensed to sell NBA NFTs via NBA Top Shot and has partnered with UFC to launch UFC Strike, the mixed martial arts company’s NFT marketplace. 

Plans to launch a cricket NFT marketplace in partnership with Faze, a startup that creates digital collectibles, are also in the works. Dapper Labs is one of the investors in Faze’s $17 million seed round raised in November.

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