Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Flow is a layer one blockchain designed from the ground up for consumer apps and the digital assets that power them. The network runs on a Proof of Stake consensus mechanism with a unique "multi-role" architecture that solves the blockchain trilemma, balancing scalability, efficiency, and cost.
FLOW ($FLOW) is the native utility token that is used for:
Fees for processing transactions and storing data.
Buying, selling, and trading assets on Flow
Staking and delegating to secure the network
Flow tools include:
Cadence, a purpose-built smart contract programming language designed for consumer-grade applications
Full EVM equivalence, allowing anything from Ethereum to work on Flow
Protocol-level account abstraction and mobile support for onboarding new users
Cross-chain interoperability with the wider web3 ecosystem
Developer hub with comprehensive documentation and tools
What Makes Flow Unique?
Flow allows for massive, mainstream scale experiences at a low cost.The only blockchain designed from the ground up for consumer applications, the Flow enables innovative applications that aren’t possible on other networks.
Consumer Focus: Over 45-million people have used a product on Flow, making it the home of consumer web3
Multi-Role Architecture: A unique approach that solves the blockchain trilemma without compromising decentralization
Brand Adoption: Trusted by major brands including NBA, NFL, Disney, Mattel, and LiveNation/Ticketmaster
Developer Experience: Features Cadence, a next-gen smart contract language, and supports Solidity with full EVM equivalence
Proven Track Record: Home to successful applications like NBA Top Shot, NFL ALL DAY, and Disney Pinnacle
The latest upgrade to Flow, Crescendo, launched on September 4th, 2024, bringing:
Full EVM equivalence for access to Ethereum's liquidity and infrastructure
Major performance improvements, including forward compatibility
Enhanced developer tools and features
What Is The Technology Behind Flow?
Flow utilizes a Proof of Stake consensus mechanism with its innovative multi-role architecture. This design separates consensus nodes into distinct roles, each serving different purposes in the network's operation. This approach enables high throughput without sacrificing security or decentralization. Node operators contributing to the network's security and decentralization include Google Cloud, Coinbase, Ubisoft, T-Systems, and Samsung.
The architecture of Flow enables features like account linking, UI abstraction, and protocol-native account abstraction, enhancing user experience and security while integrating with existing applications and services.
Who Are The Founders of Flow?
Flow was designed by Dieter Shirley, the co-author of the ERC-721 standard (“the first NFT standard”) and co-creator of the industry's first "killer app" (CryptoKitties) in 2017.
In 2018, Dieter Shirley, Roham Gharegzelou, and Mikhael Naayem co-founded Dapper Labs following the viral success of CryptoKitties. In 2019, Flow was introduced in a white paper to enable the blockchain's next wave of innovation. In 2020, Dapper Labs launched the Flow network, with NBA Top Shot becoming its first major success.
In 2024, to ensure the Flow network's long-term vision, the Flow Foundation was established as a decentralized non-profit and a separate entity from Dapper Labs.
The live Flow price today is $0.910176 USD with a 24-hour trading volume of $152,884,682 USD. We update our FLOW to USD price in real-time. Flow is down 0.25% in the last 24 hours. The current CoinMarketCap ranking is #84, with a live market cap of $1,409,965,120 USD. It has a circulating supply of 1,549,112,753 FLOW coins and the max. supply is not available.