Nifty News: Azuki founder under fire, CryptoPunk sells for a major loss...
The founder of the Azuki NFT project has been accused of abandoning three projects and Instagram has partnered with Dapper Labs to roll out Flow NFT support.
Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
The founder of the Azuki NFT project has been accused of abandoning three projects and Instagram has partnered with Dapper Labs to roll out Flow NFT support.
Three altcoins are pumping thanks to Meta and Instagram. Is their price action sustainable? Covered: Altcoins Partner With Meta, Instagram Long-Term Prospects Altcoins Partner With Meta, Instagram The Blockchains that will be supported are Ethereum and @0xPolygon, with @flow_blockchain and @solana coming soon. Compatible third-party wallets include @rainbowdotme, @MetaMask and @TrustWallet to start, and @CoinbaseWallet, […]
The post These Three Altcoins Are Pumping Thanks To Meta And Instagram appeared first on CryptosRus.
Over the years, since the creation of Bitcoin, we have witnessed the crypto market grow from being overlooked to witnessing full participation. This is because the sector has witnessed immense growth that has extended even outside the sector. Unlike before, projects in the crypto sector now look to solve real-life issues. Some of them also have real-life applications and usage. Take, for instance, the NFT market; people can sell prized material in a digital form, bringing profits to traders and artists alike. But to carry things like this out, there is a medium that supports the platform that does them. In this article, we will be looking into Flow blockchain and how it proves helpful in the crypto sector as a whole.
What is Flow Blockchain?Flow is a blockchain designed to function with high scalability without using sharding techniques. With this, users on the blockchain can carry out cheap and fast transactions. The blockchain was designed explicitly for dApps that need a very high scaling like NFT platforms. Crypto play to earn games have also tapped into the usage of the blockchain, providing its users with a swift gaming experience. Dapper Labs created the blockchain after a few issues surrounding congestion on its previous blockchain, Ethereum. The blockchain now hosts an array of crypto games, including the NBA Top Shot, a game that its parent company developed. Developers who intend to create dApps can also tap the blockchain due to its high scalability and swift performance.
How Does Flow Blockchain Work?Flow is a proof of stake consensus mechanism on its network. This means that validators will need to stake FLOW tokens to participate and earn staking rewards. However, validation is not the same across blockchains, with Flow a typical example. The task is split across four nodes by the network to achieve validation on Flow. The types of validation include consensus, verification, execution, and collection. For a transaction to be validated entirely, all nodes must participate in the process. According to Dapper Labs, splitting up the tasks makes Flow unique and makes transactions faster than on other blockchains. That is why it does not use sharding, which would have shared the storage needs of a blockchain across several nodes. One other reason Flow does not use sharding is that it wants its transactions consistent, which means that developers would be able to develop applications on different networks.
Flow Blockchain Transaction ArchitectureAs mentioned above, Flow does not use sharding in its operations but uses a multi-node system to ensure smoother, cheaper, and faster transactions. This means that its validation stages are broken down into subdivisions. Below are the ways transactions are carried out on the Flow blockchain;
Flow has been in the market before this year and has thrived so much based on its technology. The blockchain entered the market in 2017 after Dapper Labs created it. Dapper Labs created a decentralized gaming sector coupled with its NFT market. In a bid to achieve that, it birthed CryptoKitties. CryptoKitties was created on Ethereum, earning many users and attaining success. However, the story soon went sour after the congestion was a factor that dragged the project back. The transaction led to a massive surge in transaction fees and slow transactions. To remove all the issues pegging it back, Dapper Labs decided to make a blockchain that it would customize to its taste, which brought about the birth of Flow blockchain. Flow has supported Dapper Laps projects and is also open to developers who intend to debut their dApps on the blockchain.
What is FLOW Crypto?The FLOW crypto is the native token used to carry out transactions on the Flow blockchain. The currency serves as the benchmark for a new digital future that is inclusive and borderless. Assuming the flow network is the digital layout, the FLOW crypto enables the day-to-day running of the activities across the blockchain. As an asset used across the blockchain, traders can use FLOW for payments across borders. All the dApps on the flow blockchain use FLOW as their main go-to native token.
The network also has some FLOW tokens in its reserve in case of a rainy day. Traders use the token to participate in several activities across the blockchain and earn rewards. Traders use the FLOW token to pay for gas fees across the blockchain. The FLOW token is presently trading around $6.17, seeing a decline of about 1.19% in the last 24 hours. In the last 24 hours, its market cap and trading volume are around $2,214,736,046 and $36,183,318. The number of FLOW tokens in circulation is presently 358,986,557.
Where Can I Purchase Flow Token?Choosing what crypto to trade is one of the easiest things in the market, but the task lies in where you intend to purchase the token. Like most tokens, FLOW crypto is available on numerous centralized exchanges for traders to purchase. Some of the exchanges include Binance, where traders can pair the time with options such as BTC, USDT, BUSD, and some other tokens. On Kraken, users can trade FLOW against popular fiat currencies such as the dollar, euro, and pound. Traders who intend to trade the asset against BTC and other tokens can do so on Kraken. Huobi also provides traders with the option to buy FLOW crypto, with traders able to pair the asset with Tether, Bitcoin, and Ethereum. Other crypto exchanges that allow buying and trading the assets include OKEx and Upbit.
FLOW Price Predictions - Prices at Strong Support!Although FLOW has moved more in a bullish direction in the last few weeks, the token is presently trading at $6.59, with a decline of 3.38% in the last 24 hours. The blockchain recently bagged a partnership deal with the NFT platform, Cheeze. Flow securing more partnerships could spur the growth of its native token, it could trade at an average price of $10 in 2022, and if it experiences a bullish run, it could trade above $20.
With 2023 probably ushering in more projects and users, there is growing speculation that the token could touch as high as $30. Investors still backing the crypto due to so many factors presently could see the token witness another massive climb to end the year at around $38.7. 2025 could see the digital asset touch close to its previous all-time high at $39. However, should a massive surge occur, FLOW could go as high as $45.
Is FLOW crypto a good investment?The flow blockchain does not want to rest on its oars yet as it continues to intensify the network's capabilities. Asides from the network, the platform has been inking partnerships with firms across the world. This will help push more developers to the blockchain and, in turn, make a case for the native token of the platform touching sky high in the coming years. It is safe to say that going by the price analysis of the token so far; it is a good investment. However, this advice says that you should only invest your spare cash in it. This is because the market is unpredictable and tricky and could be volatile at any point.
ConclusionThe Flow network has been making huge strides in the crypto sector for a while now. This is due to the many benefits of using its blockchain across the market. One noticeable thing is that its native FLOW crypto might become the next big thing in the market in the coming years. With many partnerships inked, the token could reach the height of most top tokens. However, traders should be careful and carry out in-depth research into any token before purchasing them. It is also advisable that you diversify your wallet in case of a general market downturn.
Kadena Coin© CryptotickerAs 2021 comes to an end, crypto gaming giant Dapper labs published an overall review of its several high-profile projects in the blog. One of its major creations is the NBA Top Shot that has grown more than 100x — from a mere 10k signups and around 1k active users last year to over a million signups […]
E-commerce giant Shopify just got NFT-friendly thanks to a new app. Not to mention, Flow Blockchain just added another major name building on their blockchain. Covered GigLabs NFT App For The Shopify App Store GigLabs NFT App: Built On The Flow Blockchain GigLabs NFT App For The Shopify App Store According to yesterday’s (December 15) […]
The post Billion Dollar E-Commerce Giant Shopify Adds NFT App appeared first on CryptosRus.
What Is NBA Top Shot? When it comes to owning NBA licensed NFT moments, NBA Top Shot is the only place to get them. Want to own a dunk from LeBron James or a 3 pointer from Steph Curry? NBA Top Shot has you covered and much more. Covered: What Is NBA Top Shot? What […]
The post What Is NBA Top Shot? appeared first on CryptosRus.
NFL’s TopShot equivalent will be known as NFL ALL DAY. #NFLALLDAY has arrived ?? Take a sneak peak at what the packs and Moments will look like ?? Join the waitlist: https://t.co/jqZ8SWal7H pic.twitter.com/VMcAj0gl97 — NFL ALL DAY (@NFLAllDay) November 24, 2021 NFL and Dapper labs announced the name for their NFT market place. It […]
The post NFL ALL DAY: NFL And Dapper Laps Announce Name For NFT Project appeared first on CryptosRus.
Little known NFT marketplace Eternal captures a monster new partner with Axie Infinity pros. https://t.co/xvnJPMPsvF doing a @AxieInfinity pack drop?!?! LFG!!! https://t.co/fJChE5UqeM — Soulja Shibe (@topshelfNFTs) November 17, 2021 Flow-based NFT marketplace Eternal announced the other day that it’s releasing a set of NFTs from Axie Infinity professionals. The drop is happening today with the […]
The post NFT Marketplace Eternal Partners With Axie Infinity Pros For Drop appeared first on CryptosRus.
Little known NFT marketplace Eternal captures a monster new partner with Axie Infinity pros. https://t.co/xvnJPMPsvF doing a @AxieInfinity pack drop?!?! LFG!!! https://t.co/fJChE5UqeM — Soulja Shibe (@topshelfNFTs) November 17, 2021 Flow-based NFT marketplace Eternal announced the other day that it’s releasing a set of NFTs from Axie Infinity professionals. The drop is happening today with the […]
The post NFT Marketplace Eternal Partners With Axie Infinity Pros; Drop Sells Out Immediately appeared first on CryptosRus.
What is Flow? Flow is a blockchain network that has been designed to facilitate the creation of NFTs, and host crypto-based videogames. The origin story behind Flow is quite interesting. In 2017, the massively popular NFT project called Cryptokitties caused the Ethereum blockchain to come to a halt. This abrupt halt was caused by a […]
The post What is Flow? appeared first on CryptosRus.
Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network. Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a part of a push to ensure… More
The post Flow integrates Filecoin storage services to make NFTs more decentralized appeared first on BTC Ethereum Crypto Currency Blog.
Almost a month into the 2021 season, the NFL and the NFLPA are finalizing a deal for an NFT marketplace with Dapper Labs. Recommended: For more on the platform that NBA Topshot is built on. According to Ben Fischer of the Sports Business Journal, “The NFL, NFLPA and Dapper Labs this week will announce a […]
The post The NFL Is Finally Finalizing A Deal With Dapper Labs appeared first on CryptosRus.
Gaming hasn’t always been a money suck. It used to be a pretty fair exchange. You paid a set amount in exchange for a game. But the last decade has seen the rise of microtransactions. Microstransactions have cost gamers untold sums of money. The frustration around the industry-wide practice is palpable. Using the play-to earn […]
The post Three Blockchain Games You Are Not Too Late On appeared first on CryptosRus.
The NFT focused Flow Blockchain soars over 20 percent during a tepid day of trading from the rest of the market. Covered: Flow Blockchain Soars 20% Flow’s Latest Projects NFT’s To Play To Earn Flow Blockchain Soars 20% Flow Blockchain enjoyed a strong Sunday, rising over 20 percent. The NFT focused chain rose as high […]
The post Why Did Flow Blockchain Rise 25% On Sunday? appeared first on CryptosRus.
Dapper Labs created Crypto Kitties game built on the Ethereum blockchain in 2017. For those who are unaware, Ethereum is a decentralized blockchain network powered by a token called Ether that allows users to conduct transactions, earn interest on their holdings through staking, trade cryptocurrencies, play games, interact with social media, and much more. You […]
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.