The live price of Flow is - per (FLOW / USD) with a current market cap of $648.40M USD. 24-hour trading volume is - USD. FLOW to USD price is updated in real-time. Flow is -% in the last 24 hours with a circulating supply of 1.58B.
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Flow (FLOW) is a decentralized blockchain network designed to serve as the foundation for Web3 and the metaverse. As an interactive network, Flow supports the creation and scaling of decentralized applications (DApps), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
The team behind Flow is Dapper Labs, which is reportedly involved in projects and decentralized ecosystems such as CryptoKitties, NBA Top Shot, and NFL All Day.
Flow is developed using the Cadence programming language. Although developers can already build on this decentralized network, at the time of writing, the Flow mainnet is still in the testing phase. Flow uses a Proof-of-Stake (PoS) consensus model, meaning network validators can stake FLOW tokens to help validate transactions and earn rewards.
The FLOW token is used to support and facilitate network operations on the Flow blockchain.
Dapper Labs is the parent company of Flow. The team launched the CryptoKitties project in 2017. All of their successful decentralized projects share a common goal of integrating metaverse elements.
FLOW is a network token that can be used for staking and delegation. It is also used to pay transaction fees and DApp storage costs on the Flow network. Additionally, FLOW serves as the primary cryptocurrency for buying and selling digital assets on the Flow blockchain.
Although the maximum supply of FLOW tokens is unknown, its current circulating supply is approximately 1.036 billion tokens.
Flow uses a Proof-of-Stake (PoS) consensus model, allowing validators and individual delegators to participate in the network and help validate transactions on the blockchain. The Cadence programming language is said to significantly enhance the performance and interoperability of Flow’s smart contract protocols, reinforcing the network’s focus on the metaverse sector.
Flow aims to attract one billion users to the metaverse. Its strong focus on Web3 and the metaverse sets it apart from many other networks in the industry. In fact, Flow collaborates only with projects that operate within the Web3 environment.
Additionally, Dapper Labs’ extensive experience in Web3 is well known in the crypto space—largely thanks to the early success of the CryptoKitties project, one of the first play-to-earn (P2E) blockchain games on the Ethereum network that centered around metaverse concepts.
The Flow to other currencies exchange rate?
