Why Did Flow Blockchain Rise 25% On Sunday?

The NFT focused Flow Blockchain soars over 20 percent during a tepid day of trading from the rest of the market.

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Flow Blockchain Soars 20%
Flow’s Latest Projects
NFT’s To Play To Earn

Flow Blockchain Soars 20%

Credit: CoinMarketCap

Flow Blockchain enjoyed a strong Sunday, rising over 20 percent. The NFT focused chain rose as high as $29 USD from $22, before settling around $28.

The rise is likely due to several factors. Chain Monsters, an MMORPG announced its Genesis drop on Sept 15th the other day. Filecoin announced a partnership for NFT storage. Visa shouted out Flow Blockchain in a note on NFTs. Not to mention, NBA Topshot sold out of its first WNBA release.

Last but not least, being highlighted by @Visa speaks volumes about the progress Flow ecosystem has made in less than a year

"Flow is another blockchain that is gaining traction for NFTs," Visa wrote in their first-ever NFT whitepaper https://t.co/6Fj0RnS51P pic.twitter.com/gvUeXvYyqD

— Flow Blockchain (@flow_blockchain) August 29, 2021

Flow grew out of Dapper Laps, the company responsible for OG blockchain game CryptoKitties. Vancouver based company is also responsible for the massively popular NBA Topshot.

Flow is a layer-1 chain. Like Ethereum, Dapps are built on Flow, except Flow specializes in NFT projects. Unlike Ethereum, Flow is considered

Flow Blockchain: Latest Projects

On top of the already impressive list of crypto projects already under Flow, the chain keeps adding more to its roster.

Chain Monsters, specifically, is an MMORPG (Massively Multiplayer Online Role Playing Game) in the mold of World Of Warcraft. An MMORPG is essentially a role playing game where you can interact with other players.

MMORPG’s are massively popular. For example, World Of Warcraft so far grossed over 9 billion dollars in revenue.

Similarly to World Of Warcraft, Chain Monsters will be a free to play game. But, unlike free to play that’s designed to suck all the money out of its customers, Chain Monsters will continue in the crypto tradition of enriching its users. Users will be allowed to sell items they’ve earned playing the game as NFTs.

NFTs To Play To Earn

Hello all current & future Blockletes! We are excited to announce that we are relaunching a new and improved website at the end of September! Stay tuned in the coming weeks for updates about our website relaunch, as well as our brand new mobile app coming later this year pic.twitter.com/Pa6Ov2Rtrc

— Blocklete Games (@BlockleteGames) August 25, 2021

Flow has grown quietly. Despite the fact that the chain is behind the wildly successful NBA Topshot, most of the hype goes to smart contract platforms like Ethereum, Cardano, and Solana.

However, Flow continues to onboard serious developers. The aforementioned Chain Monsters is a huge get for the chain. And so is Blockletes, a golf NFT game. Blockletes is attempting to move sports blockchain games past just racing.

With the rapid growth of blockchain gaming over the last few months, Flow is well positioned for continued success. And unlike its other layer-1 competitors, it’s not reliant at all on DeFi.

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