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Flow is a blockchain platform designed for building decentralized applications (dApps) and digital assets. It was created by Dapper Labs, the team behind the popular blockchain game, CryptoKitties. Flow is designed to be a fast and efficient blockchain platform that can support a high volume of transactions without compromising on security or decentralization.
One of the key features of Flow is its ability to support non-fungible tokens (NFTs) and other digital assets. NFTs are unique digital assets that can represent anything from art and music to virtual real estate and collectibles. Flow's architecture is optimized for the creation and trading of NFTs, making it a popular platform for developers and creators in the cryptocurrency space.
Flow is also designed to be developer-friendly, with a focus on simplicity and ease-of-use. The platform uses a unique programming language called Cadence, which is designed to be more secure and less error-prone than traditional smart contract languages. This makes it easier for developers to create dApps and digital assets on the platform, without having to worry about security vulnerabilities or complex programming challenges.
Flow has gained significant traction in the cryptocurrency space, particularly in the NFT and gaming sectors. Some of the most popular NFT projects on the Flow blockchain include NBA Top Shot, an NFT-based platform for buying and trading NBA highlights, and MotoGP Ignition, an NFT platform for buying and trading virtual collectibles related to the MotoGP racing series.
Flow is a promising blockchain platform that offers a fast, secure, and developer-friendly environment for building dApps and digital assets. Its focus on NFTs and ease-of-use has made it popular among creators and developers in the cryptocurrency space, and it is likely to continue to grow in popularity as the demand for NFTs and digital assets increases.
With a total market cap of over $453 million, Flow is the No. 70 cryptocurrency by market size. The currency symbol for Flow is FLOW. There will only ever be 1.45 billion Flow tokens issued. So far 1.03 billion tokens (71.2% of the total supply) have been issued.
We found crypto protocols offering up to 8.9% APY on Flow deposits (8.9% APY CeFi). Check out our Flow staking yields table for further details.
The technical price analysis for Flow below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Flow.
Currently 78% of users are positive about Flow.
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