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The first anniversary of NFT public chain Flow

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Overview of Flow's latest advances in 2021.

State of Flow | Flow 一周年回顾

Original title: The State ofFlow: A Year in Review

原文作者：Amalgamated Token Services Inc., dba「CoinList」

Enki, Flow Community Ambassador & AMP; Co-founder of BoringDAO

"Last year today, FLOW sales on CoinList added more than 13,000 FLOW holders to the FLOW community, with total sales of over $18 million in community sales and fire auctions.

Since then, Flow has been on a meteoric rise, with many great applications and a large number of usersdevelopersAnd they all came here. As Flow enters the final stages of its coin offering on CoinList, let's take a look at the latest progress Flow has made in 2021."

Second sales hit a new high

The rise of NBA Top Shot has broken previous records for this product and turned Flow into one of the fastest growing blockchains in the world, as well as marking mainstream social oppositionNFTAnd encryptioncurrencyInterest began to soar. Currently, NBA Top Shot has more than 1 million registered users and nearly $1 billion in sales, proving that mainstream consumers are eager to participate in this user-friendly blockchain application. At the same time, Flow's partners are also seizing valuable opportunities. Organizations such as the NFL, La Liga, and UFC have partnered with Flow to list their digital collections on the Flow network. In addition, Flow's NFT will soon be in the largest NFT market --OpenSeaTrading online. Flow leads the way in NFT secondary sales, with more than 10 million NFT transactions and 50 million blockchain transactions to date. By contrast,Axie InfinityAbout 6 million transactions have been settled, while Ethereum has settled about 3 million NFT transactions.

State of Flow | Flow 一周年回顾

Flow Chain companies raised more than $700 million in 2021

The Flow blockchain has become home to countless communities in art, music, gaming, technology, sports and more.

In December 2020, 50 companies were established on the Flow network. Today, that number has grown to more than 650, an increase of about 25 percent a month, and includes a growing number of areas, including games and entertainment. Top projects like Chainmonsters, Eternal, RCRDSHP, The Fabricant, Koening, and Giglabs' drive platforms are not only enjoying user adulation, but gaininginvestmentThe favor of. Flow-based projects raised more than $700 million in 2021, while Dapper Labbs, creator of the Flow blockchain, also raised $600 million.

State of Flow | Flow 一周年回顾

The walletRapid increase in number

Flow has more than 2.4 million wallets nine months after the beta of its first dApp, NBA Top Shot. And in 2020DeFiIn Summer's nine months, only 1.5 million wallets interacted with Defi. Third-party Flow wallets, such as Blocto, are becoming a hub of user assets for various Flow partners. What's more, Blocto has gained more than 200,000 users on Flow in less than a year, and its users have bet more than $500 million on Flow through the app.

State of Flow | Flow 一周年回顾

A unique token economy

FLOW is the native currency of the FLOW network and the fuel of the FLOW ecosystem. FLOW has a wide range of functions, covering transaction fee payment, betting, management, DeFi collateral on FLOW, payment and so on. The transaction fee is used to pay the bet reward because the agreement results in a difference between the target reward and the transaction fee. If the transaction fee exceeds the target reward, the agreement locks the excess fee into a managed wallet, effectively turning FLOW into a fixed provisioning asset. This effect will become more pronounced as the network becomes more used and more users join and more transactions occur on the network.

State of Flow | Flow 一周年回顾

What is Flow Flor chain?

Flow Flo chain is a fast, decentralized, developer-friendly blockchain that is the foundation of digital assets designed to power a new generation of gaming and entertainment applications. Flow is the only Layer-1 blockchain team that has delivered a great experience to consumers from start to finish. Among the dapps created by his team are CryptoKitties, Dapper Wallets and NBA Top Shot.

CrytoKitties quickly became the most popular dApp in the crypto market when it was launched in 2017, causing Ethereum to block due to its success. NBA Top Shot, which operates on Flow, has also become the fastest growing dApp, generating $700 million in sales in the six months since its public launch. This is possible because of the scalability and consumer-friendly experience of the Flow public chain. With over 300 projects currently in the pipeline on the Flow chain, we look forward to seeing a great ecosystem flourish.

About Dapper Labs

Dapper Labs is a top blockchain service provider in the world based in Canada. At the end of 2017, CryptoKitties collection games successfully entered the user's field of vision, and due to the explosion of Crypto cat caused the congestion of Ethereum, Flow public chain and a new development language - Cadence, designed to attract more developers to develop applications on Flow.