$2.18T
Total marketcap
$97.13B
Total volume
BTC 48.96%     ETH 17.44%
Dominance
Flow

Flow FLOW Price

$1.04 1.8238%
  • BTC 0.000019
  • ETH 0.0003
ICO Price
ROI
FDV
$1.55B
Market cap
$1.55B
Low - High [24h]
$0.9873 - $1.07
Vol [24h]
$92.91M
Cur - Max Supply
1.49B - 1.49B

Flow Price chart

Sorry, that's all we've gotfor now...

Statistics

Flow Price $1.04 All-time high $42.4 Days since ATH 1057
Price change $0.01864 (1.8238%) Date of ATH Apr 5, 2021 % of ATH 2.48%

Flow Review

Flow (code: FLOW)

Founded Date: Feb 1, 2018

Founders:

Roham Gharegozlou
Roham Gharegozlou
Co-Founder & CEO
Dieter Shirley
Dieter Shirley
Co-Founder & CTO
Mack Flavelle
Mack Flavelle
Co-Founder & CCO
Layne Lafrance
Layne Lafrance
Co-Founder

Flow(FLOW) - Coin Trading Data

Flow Price $1.04
Ticker FLOW
Market Capitalization $1.55B
Fully Diluted Valuation (FDV) $1.55B
Value 24h low $0.9873
Value 24h high $1.07
Trade Volume for 24h $92.91M
Current Circulating Supply 1.49B
Maximum Supply 1.49B
Algorithm
ICO Price and ICO ROI
Price Change 24h % 1.8238%
FLOW quote $1.04
Fully Diluted Valuation (FDV) $1.55B

Flow(FLOW) ATH - All Time High Price

Flow ATH Price $42.4
FLOW quote 1057
ATH Date Apr 5, 2021
All Time High % 2.48%

Flow Profile

Flow is a high-bandwidth blockchain for a next generation of games and other decentralized applications. The creators solved the problems of transaction processing speed, and first of all hosted their own applications such as CryptoKitties and NBA Top Shot on their blockchain.

Flow was developed as a platform for creating web protocols and applications that also do not require an outstanding user experience. The new, easy-to-use Cadence programming language makes it easy to create decentralized applications and digital assets. In addition, Flow solves the problem of scaling and high commissions without sharding.

Originally, CryptoKitties was running on the Ethereum blockchain, but because of the heavy load on that network, Dapper Flow decided to create their own platform that would solve the major blockchain problems of today, such as:

  • High fees
  • Environmental friendliness
  • Low network bandwidth

In general, blockchain Flow is designed to work with NFT, game projects and other applications. It is optimal for users who are not familiar with blockchain technologies: addresses in the network are short, and its participants do not need private keys.

History of Flow

  • In 2017, the Distributed Network was created by Dieter Shirley in collaboration with Roham Garegozlu. Dieter Shirley is known for having launched the CryptoKities project in 2017 and for co-creating the idea of so-called NFTs.
  • In 2018, the team created a company called Dapper Labs.
  • In August 2019 the first round of Private Sale funding took place in August 2019, finishing with an inflow of $11.2 million at a cost of $0.1 per Flow.
  • By the fall of 2019, the company created the first version of the Flow network, in which the authors managed to create a protocol with different types of nodes, supported by cryptographic libraries and signatures.
  • In May 2020, the beta version of the main network was launched, which already had its own token.
  • In March 2022, Flow raised another $725 million in investment, some of which will be used to fund user projects in the Flow ecosystem.

Flow Features

In comparison to other cryptocurrencies, Flow provides a significant increase in speed and bandwidth by separating the tasks of a miner or validator into four separate functionalities.

Flow's smart contracts and user accounts can work together seamlessly within a single transactional system that meets the requirements of atomicity, consistency, isolation, and persistence (ACID). In other words, all decentralized applications run on the Flow network in one shared execution mode.

This provides high usability and full compatibility, allowing developers to easily complement each other's work. Solutions such as sharding and layer 2 are breaking connectivity and reducing the network effects of decentralized applications and smart contracts, depriving the runtime environment of ACID guarantees.

As mentioned above, Flow uses four types of nodes to ensure optimal execution speed and quality service.

Validation nodesThese nodes control the action of execution nodes
Collection nodesThese nodes enable and empower the connectivity of decentralized applications and the Flow network
Consensus nodesThese nodes are responsible for identifying and executing orders for processing various transactions in the network
Execution nodesThese nodes are responsible for processing the calculations related to each transaction executed in the Flow network

Flow Token

FLOW token is a token required for staking the platform, and is also the currency in which staking fees are paid. In addition, small amounts of FLOW tokens are required to pay transaction fees, and a minimum reserved balance is necessary to pay for storage on the network.

It is used to pay for services in decentralized applications (dApps) created on the network and to enable the use, deployment and creation of smart contracts for applications created on Flow.

Flow is based on the Proof-of-stake algorithm, its own programming language Cadence was used for development, and the cryptocurrency has the following features:

  • native emulator, tools and original programming language;
  • multi-role architecture;
  • token nativity;
  • updatable smart contracts;
  • quickly recoverable smart accounts;
  • environmental friendliness.

Uses of Flow cryptocurrency:

  • Production of NFT tokens for various sports leagues and associations.
  • Artists and artists can distribute their own tokens to popularize their art.
  • Cryptocurrency can be used in games and around-the-game industry to reward or add value to various game assets.

Flow Mining

The Flow platform is based on the Proof-of-stake algorithm. This mechanism involves proving a share, which brings the expected reward as Flow coins. Meanwhile, the classical mining using GPUs (graphics video processors), Asics or processors is not possible.

You can earn money by using staking, and the more people store or stack coins, the more incentives Flow crypto gets to develop its ecosystem.

Token staking is based on the following principles:

  1. new blocks are created only by validators;
  2. validators ensure uninterrupted operation of their equipment, which is online around the clock;
  3. it is possible to do indirect stacking, when you delegate a part of your coins to a validator.

The easiest way of staking is to transfer your share to a validator, who has the necessary equipment and amount of coins. He receives the income, then distributes it among the holders according to the contributed shares. A certain percentage will be charged on the transaction.

Summary

Flow is a stable and forward-looking digital marketplace that will grow over time. It is good for quick experiments and learning new business models and financing models. The fully open-source token and full core network functionality product has made Flow a platform that is accessible to a new generation of entrepreneurs, designers, and builders.

This project has been supported by numerous investors, including both individuals as well as companies or organizations. Dapper Labs has partnerships with the National Basketball Association (NBA), the UFC fighting organization, Dr. Suess and Fusion Media, and major label Warner Music Group. In addition, the big breakthrough for Flow was the fact that Meta integrated the NFTs released in Flow into Instagram and Facebook.

How much is a one Flow worth now?

1 Flow worth $1.04 now.

What is the price of FLOW?

The price of FLOW is $1.04.

What is the Flow max supply?

The max supply of Flow is 1.49B.

What is the Flow stock symbol or ticker?

The stock symbol or ticker of Flow is FLOW.

How many FLOW coins are there in circulation?

There are 1.49B coins in circulation of FLOW.

What is the exchange rate of Flow(FLOW)?

The exchange rate of Flow is $1.04.

What was Flow's trading volume in 24 hours?

Flow's 24-hour trading volume is $92.91M.

What was the highest price paid for Flow?

Flow reached a record high of $42.4 on Apr 5, 2021

Flow Exchange Rates on Trading Markets

# Exchange Pair Price 24h volume Volume % Updated
1 Upbit Upbit FLOW/KRW $1.07 $35.88M 44.83% 13 minutes ago
2 OKX OKX FLOW/USDT $1.04 $20.41M 25.51% 11 minutes ago
3 Binance Binance FLOW/USDT $1.04 $16.62M 20.78% 19 minutes ago
4 Gate.io Gate.io FLOW/USDT $1.04 $14.92M 18.64% 13 minutes ago
5 HTX HTX FLOW/USDT $1.04 $9.99M 12.49% 10 minutes ago
6 Deepcoin Deepcoin FLOW/USDT $1.04 $5.35M 6.69% 5 minutes ago
7 Bitrue Bitrue FLOW/USDT $1.05 $5.21M 6.51% 32 minutes ago
8 Bybit Bybit FLOW/USDT $1.04 $2.42M 3.02% 18 minutes ago
9 OrangeX OrangeX FLOW/USDT $1.04 $2.02M 2.52% 4 minutes ago
10 XT.COM XT.COM FLOW/USDT $1.04 $1.74M 2.18% 10 minutes ago
11 DigiFinex DigiFinex FLOW/USDT $1.04 $1.63M 2.04% 11 minutes ago
12 Bitget Bitget FLOW/USDT $1.04 $1.18M 1.47% 19 minutes ago
13 BingX BingX FLOW/USDT $1.04 $1.11M 1.39% 17 minutes ago
14 Increment Swap Increment Swap FLOW/USDC $1.05 $974.81K 1.22% 14 minutes ago
15 Coinbase Exchange Coinbase Exchange FLOW/USD $1.04 $911.6K 1.14% a minute ago