Withdrawal times highlight a larger issue with NFTs on Flow, the blockchain underlying Dapper Labs: Centralization. You can withdraw in the form of wire transfers to a US bank and USDC deposits to digital wallets . I was happy it didn’t take 8 weeks, but 19 days is still a quite of bit of time. Currently, we estimate most accounts will have withdrawals enabled within 4–8 weeks. First off I’d like to say that I love the nba top shot market community and platform, however I’m concerned about not being “eligible” to withdraw my money after ID Verification, buying, selling, and gifting. It allows users to own, share, and trade their favourite unique NFT NBA player moments. NBA Top Shot 03 – Maximizing Your Return & Withdrawal Issues. That it lives atop a walled blockchain powered by tokenomics is … During beta this is taking some time, but don’t worry, users are being added each week. Disclaimer: Below is a basic guide to safely transfer/withdraw your money from Dapper to your preferred cryptowallet. Dapper Labs’ mission is to make the world a more open, empowering, and enjoyable place through consumer adoption of decentralized technologies. Especially important are anti-fraud / risk analyst roles, customer support, as well as engineering. Leave a Comment / Dive, News / By Dan Kahan / March 9, 2021 March 9, 2021 / Dapper Labs, Flow Blockchian, NBA Top Shot, NFTs. As an account approaches the financial thresholds for which an identity check is required, an email will be sent prompting you to complete the identity check. We appreciate your patience; our Compliance team is working as quickly as possible to make sure withdrawals are widely available. NBA Top Shot is built on Flow, a new blockchain built by Dapper Labs.Flow ensures scalability to the size of the NBA fanbase and removes the friction that makes it … All compliant Dapper account holders will be able to withdraw from their Dapper Balance after undergoing security reviews and identity checks. The first step you need to take in order to withdraw money from your NBA Top Shot account is to login to your Dapper Account. Officially licensed product of the National Basketball Players Association. NBA Top Shot provides several different “packs” on sale for around $9.00 to $14.00. Rest assured, the money in your Top Shot account is yours and you will be able to withdraw as soon as possible. Similar to physical trading card packs, users don’t know what moments are in each pack before it is opened. Thanks so much again for being patient while we work to get you cleared. Limits will be raised to $50k per day or more on qualifying accounts, all while keeping the entire economy safe and secure. Dapper Labs CEO Roham Gharegozlou says of NBA Top Shot: "We’re just barely getting started." What exactly is an NBA Top Shot? Again, we appreciate your patience with this processing time — it allows us to ensure the safety of our community and to comply with financial industry regulations. NBA Top Shot had its largest day ever today with over $16M in sales on the platform. Dapper Labs is the world’s first blockchain entertainment company. Well, aside from one “Run It Back” pack, which featured highlights from 2013, all the highlights offered have been from the 2019-20 or 20-21 season. Dapper account holders will be able to withdraw from their Dapper Balance – after undergoing an account review – in both the form of wire transfers to a … But all withdrawal requests are recorded and reviewed in sequence. We will automatically increase withdrawal limits as warranted by account activities. Please note: due to significant demand, we are experiencing longer that usual wait times to complete reviews. WITHDRAWALS. In addition, we are the developers behind Flow: a new decentralized blockchain and cryptocurrency developed from the ground up for scalability and ease of use. NBA Top Shot drop schedule for 2021. You do not need to request to have the withdraw option added to your account, it will happen automatically through our processes. February 20, 2021 by Ricky Sanders. He discussed the platform's future after raising $305M. All accounts will receive access to withdrawals. For more details on how to make withdrawals, read, Withdrawing your Dapper Balance to a bank account. Investors get to experience the 1980s and 1990s trading card boom—but online, and faster, and also without having to actually own anything. The NBA Top Shot team has alerted users about how the rapid, massive influx of new users is causing withdrawal delays. The NBA Topshot is a blockchain-based platform that allows fans to buy, sell, and trade numbered versions of certain officially licensed video highlights from NBA games.You can read more in the NBA Top Shots Here If you are interested.. NBA Top Shot continues to release packs of its Base Set Series 2, with a preorder period beginning on Monday giving users 48 hours to purchase a pack. After receiving my withdrawal, I reached out to a few people to see what their experience was like. Nba Top Shot 101 Identity Check And Verification Withdrawal Process Mugen Market Watch Nba Top Shot | Withdrawal Opening My First Nba Top Shot Pack | Road To $25,000 On Nba Top Shot Ep. As soon as withdrawals are enabled, an update will be made directly in your Dapper accounts app under the ‘Payments & Payouts’ tab. Every once in a while, we debut a coveted new Limited Edition Set. All identification documents must be submitted through our platform — we do not accept emailed copies of your identity documents for verification. And of course to our TS muse @LilNoobie for lending her blog space and helping make this happen. And remember, Dapper and NBA Top Shot are not available in certain jurisdictions. Please allow for some processing time between submitting a withdrawal request and having the funds deposited in your bank account or digital wallet. Fees are $5–10 for USDC withdrawals (enough to cover the transaction fee / “gas” on the Ethereum blockchain), and $25 for wire transfers, which covers our cost of providing the wire transfer service. Here’s a schedule of all the upcoming NBA Top Shot drops (as well drops from past) for the 2020-21 NBA season starting since the NBA tipped off their schedule in late December 2020. NBA Top Shot is leading an entire digital collectible ecosystem in a charge toward the normies. Read here for more. ): dapperlabs.com/careers. When your account hits a threshold of financial activity from purchases and sales, When you submit your first request to withdraw from your Dapper Balance. We’re offering a $25,000 referral bonus for anti-fraud and engineering roles so please refer your friends (or yourself! We are the creators of industry leading experiences including CryptoKitties and NBA Top Shot, as well as Dapper Wallet: the simplest way to manage your assets and use the blockchain. If you are experiencing any issues, make sure your documentation is up-to-date and you are using a clear photo that matches with your documents. There is no other action needed on your end. If you’re an honest human caught up in the crossfire and locked out of your account or unable to complete transactions, submit a request using this form and we will unblock you (sorry as there is a backlog here also). Most withdrawals are processed within 21 days, but others may take 40 days or more to reconcile. This is done in order to prevent any form of fraud as well as stop money laundering. Dapper lets NBA Top Shot bring together mainstream fans using their credit cards as well as cryptocurrency owners using Bitcoin, ETH, or FLOW. Think of it as a cross between a TV highlight and an old-fashioned sports card. All in all it took 19 days to receive the money and it costed me a total of $35 to withdraw. Getting Started with Top Shot Create an account, Add a payment method, Crypto Education, Top Shot 101; Managing My Account Get back into my account, Update payment methods, Verify my identity, Update my Account information; Purchases, Sales and Gifts Pricing and Fees, Dapper Balance, Cancelling a Purchase, Troubleshooting Purchase failures, Gifting If you are unsure how-to login to your Dapper Account, its quite simple. There is a manual review period on all withdrawal requests. Dapper account holders will be able to withdraw from their Dapper Balance – after undergoing an account review – in both the form of wire transfers to a US bank and USDC deposits to digital wallets. As a result, there are a number of safety, fraud protection, and anti-money laundering steps our legal compliance team follows for every single account. NBA Top Shot is basically a website that lets you play a game that resembles a stock market, only it’s about basketball players. Instead of getting a pack of cardboard images with stats on the back, a typical NBA Top Shot offers a 10-15 second clip of an official game highlight from a star player, complete with NBA brand logos. NBA Top Shot Withdrawal. WHY DO VERIFIED ACCOUNTS STILL NEED TO WAIT FOR WITHDRAWALS? All users start at the same limits ––$1k per withdrawal –– but this can go up to $50k per withdrawal for active, trusted accounts. Over time, ALL users will have access to withdrawals quickly and efficiently and individual withdrawals will be processed within a handful of days. On top of that, my bank charged me a fee of $10.