What is Flow?
Flow is a Layer 1 blockchain built by Dapper Labs, the creators of CryptoKitties and NBA Top Shot. Designed for mainstream consumer applications, Flow uses a multi-node architecture that separates consensus from computation for scalability.
The platform is home to major NFT projects including NBA Top Shot, NFL All Day, and UFC Strike. Flow's developer-friendly Cadence smart contract language is designed to prevent common smart contract bugs.
FLOW is the native token used for transaction fees, staking, governance, and as the reserve currency for the Flow ecosystem.
FLOW Tokenomics
FLOW has an initial supply of 1.25 billion tokens with inflationary staking rewards. The token is used for transaction fees, staking, and governance across the Flow ecosystem.
FLOW Historical Price Performance
FLOW reached $46 in April 2021 during the NFT boom, driven by NBA Top Shot mania. It corrected significantly as NFT market enthusiasm cooled, but continues development with major sports and entertainment partnerships.
Frequently Asked Questions
Flow was created by Dapper Labs, the company behind CryptoKitties. After CryptoKitties congested Ethereum, Dapper Labs built Flow as a purpose-built blockchain for NFTs and games.
NBA Top Shot is the most famous app on Flow, allowing users to collect and trade officially licensed NBA highlight clips as NFTs. It brought millions of users to blockchain technology.
Yes, FLOW can be staked by delegating to validators with staking rewards around 5-8% APY. Multiple wallets and platforms support native FLOW staking.
Flow's multi-role architecture splits validator work across Collection, Consensus, Execution, and Verification nodes, enabling high throughput without sharding while maintaining decentralization.
Who created Flow?
Flow was created by Dapper Labs, the company behind CryptoKitties. After CryptoKitties congested Ethereum, Dapper Labs built Flow as a purpose-built blockchain for NFTs and games.
What is NBA Top Shot?
NBA Top Shot is the most famous app on Flow, allowing users to collect and trade officially licensed NBA highlight clips as NFTs. It brought millions of users to blockchain technology.
Can you stake FLOW?
Yes, FLOW can be staked by delegating to validators with staking rewards around 5-8% APY. Multiple wallets and platforms support native FLOW staking.
What makes Flow different?
Flow's multi-role architecture splits validator work across Collection, Consensus, Execution, and Verification nodes, enabling high throughput without sharding while maintaining decentralization.
Risk Warning
Cryptocurrency prices are highly volatile and can change rapidly. The information on this site is provided for informational purposes only and does not constitute financial, investment, or trading advice.