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Flow (FLOW) is the 69th largest cryptocurrency in the world by market cap, valued at $1,137,950,886. The current price of Flow is $1.1, which is -0.197% lower than yesterday. Prices have ranged between $1.17 and $1.075 over the past 24 hours. All prices are listed in US dollars and accurate as of February 07, 2023 01:02 UTC.
Flow is a social-focused blockchain (gaming and social media) created by Dapper Labs, the team behind CryptoKitties. Due to the scaling problems CryptoKitties had on Ethereum, Flow developers set out to build a highly scalable and user-friendly platform with an eye on consumer markets.
Flow reached mainstream success in 2021 through the launch of NFT platform NBA Top Shot, which allows fans to trade digital collectibles. Accordingly, Flow has attracted investment from major firms such as Warner Music, Andreessen Horowitz and Digital Currency Group. The FLOW token is used for payments, gas fees and governance. It operates as a proof-of-stake token to reward validators with additional tokens for confirming transactions and securing the network.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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