Flow is the home for big brands and attracts millions of users in its ecosystem covering the very diverse fields of fashion, sports, music, art and other entertainment activities. In Flow’s ecosystem, technology application developers can take advantage of technology and user resources to create the best and highly applicable products.
Flow’s ecosystem has brought blockchain technology closer to general users in all of the above fields. Blockchain technology is not a new concept to us, even more strongly in the future. Thanks to projects built on Flow’s technology platform, this is completely possible. At the same time, the platform of Flow is a place where projects built on it can interact with each other, share about users, and operate under a mechanism that is not monitored by any middlemen. In particular, the ownership and interests of users will be fully guaranteed thanks to Flow’s blockchain technology and a new era will soon be opened. Flow’s ecosystem is completely open and is an ideal place for brands, developers, collectors, etc. to work on it.
The growth rate of the Flow . ecosystem
The number of Flow-based construction technology projects grew strongly since December 2020, from 0 to 600 within 9 months with diverse applications from music, fashion, sports collectibles and developer tools. If projects are building on blockchain, then Flow will create the best experience for them.
The variety of applications makes the size of users in the Flow ecosystem grow dramatically while the Flow platform has only been in operation for less than a year. The network effect on Flow is still in its infancy and it is running at only a fraction of its full capacity.
The growth rate of wallet accounts has outpaced DeFi by summer 2020. Wallet accounts outside of Dapper Wallet are growing at a rapid rate on Flow.
Applications in the early stages of building on Flow achieved instant success thanks to a very quality user base. Chainmonsters is a prime example of this, with over 60,000 players registered during the Alpha phase. In addition, the Genesis sale with sales of more than 1 million USD was sold out in just a few minutes. Blocto, one of the most used wallets on Flow, has amassed over 200,000 users since its launch less than a year ago. This success has allowed Blocto to raise significant VC capital since its launch and has generated over $5 million in revenue to date.
Flow’s users are powerful. Companies that build on Flow are also attracting investor attention, with more than $700 million in capital raised year-to-date (that number doesn’t include Dapper Labs fundraisers. ).
Flow makes for a user-friendly experience
It is important that sustainability comes first when building a blockchain, and Flow’s proof-of-stake consensus mechanism allows for an eco-friendly approach. This is a distinguishing feature of Flow, one that interests businesses, developers, and users alike when considering the pros and cons between different blockchains. Flow’s energy consumption equates to 1 gigawatt per hour less than Bitcoin consuming 110,000 GWh.
Flow holds the biggest user-engagement blockchain event in history
Flow FLIP Fest . event
Flow FLIP Fest is a building competition for developers to collaborate on an open source blockchain project. FLIP is a contest for the community to contribute ideas and improvements on Flow. The Flow FLIP Fest is a two-month event that will engage and reward participants for making innovative and effective improvements to Flow. The goal of FLIP Fest is to empower developers to build solutions on Flow that have a lasting impact on the developer community and broader consumer audience by scaling. Registration for the event begins September 15, 2021 and ends October 15. In addition, the FLIP Fest ends on October 30.
Flow Fest . Event
Starting October 15th, Flow Fest is a global festival where participants can role-play and experience projects being built in blockchain, from collectibles to gaming, music to sports. sports and other interesting fields. An exclusive NFT release event will take place. Flow Fest is a global marketing campaign to attract tens or even hundreds of thousands of global collectors audience with the goal of directing their attention to the launches of our ecosystem partners. Flow.
Details of participating events at: https://discord.gg/FlowVerse
Refer to the Flow Fest ecosystem:
Flowfest Website: https://www.flowverse.co/
Flowfest Discord: https://discord.gg/flowverse
Flow Website: https://www.onflow.org/
Dislcaimer: This is a press release, not investment advice. You need to find out carefully before acting, we are not responsible for your investment decisions.
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