Cryptocurrency News
Top Shot creator unveils $725M fund to support Flow ecosystem
2022.05.11 06:31
Top Shot creator unveils $725M fund to support Flow ecosystem
The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used to invest in the growth of the nonfungible token network.
Flow (FLOW) is a layer-1 blockchain developed by Dapper Labs and purpose-made for NFTs. Dapper Labs also created the popular NBA Top Shot NFT collection. Flow utilizes an eco-friendly proof of stake (PoS) consensus algorithm.