Flowverse is home to major brands and attracts millions of users to its ecosystem, which covers the various sectors of fashion, sports, music, art and other entertainment activities. In the Flow ecosystem, technology application developers can leverage technology and user resources to create the best and most applicable products.

Flow’s ecosystem has brought blockchain technology closer to general users in all of the above areas. Blockchain technology is not a new concept for us, it will be even stronger in the future. Thanks to the projects based on Flow’s technology platform, this is entirely possible. At the same time, Flow’s platform is a place where projects building on it can interact with one another, exchange information about users and work in a mechanism that is not monitored by any middlemen. In particular, the ownership and rights of users are fully guaranteed thanks to Flow’s blockchain technology and a new era is about to open. Flow’s ecosystem is completely open and an ideal place for brands, developers, collectors, etc. to work on it.

The growth rate of the Flowverse  Ecosystem

The number of flow-based construction technology projects has risen sharply since December 2020, from 0 to 600 within 9 months with applications in the fields of music, fashion, sports collectibles and developer tools. When projects are built on top of blockchain, Flow creates the best experience for them.

The variety of applications is causing the number of users in the Flow ecosystem to grow dramatically, while the Flow platform has only been up and running for less than a year. The network effect at Flow is still in its infancy and is only running at a fraction of its full capacity.

Wallet account growth rate surpassed DeFi in the summer of 2020. Wallet accounts outside of Dapper Wallet are growing rapidly at Flow.

Applications in the early stages of building on Flow achieved immediate success thanks to a very high quality user base. Chainmonsters is a prime example of this, with over 60,000 registered players during the alpha phase. In addition, the Genesis sale, with sales of over USD 1 million, was sold out within minutes. One of the most widely used wallets on Flow, Blocto has garnered over 200,000 users since it was launched less than a year ago. That success has allowed Blocto to raise significant VC capital since its inception while generating over $ 5 million in revenue.

Flow’s users are powerful. Companies built on Flow are also attracting investor attention, with more than $ 700 million in capital raised since the start of the year (that number doesn’t include Dapper Labs fundraiser.)

Flow ensures a user-friendly experience

It is important that sustainability is paramount when building a blockchain, and the consensus mechanism for demonstrating the use of flow enables an environmentally friendly approach. This is a differentiator of Flow that is of interest to businesses, developers, and users alike when it comes to the pros and cons of different blockchains. The energy consumption of Flow is 1 gigawatt less per hour than Bitcoin’s 110,000 GWh.

Flow hosts the largest blockchain user engagement event in history

Flow FLIP Fest .event

Flow FLIP Fest is a construction competition for developers working together on an open source blockchain project. FLIP is a competition for the community to contribute ideas and improvements to Flow. The Flow FLIP Fest is a two month event that engages and rewards participants for innovative and effective improvements in flow. The goal of FLIP Fest is to give developers the ability to build solutions on top of Flow that, through scaling, have a lasting impact on the developer community and a wider consumer audience. Registration for the event begins on September 15, 2021 and ends on October 15. In addition, the FLIP Fest ends on October 30th.

Details at:

https://www.onflow.org/post/flow-flip-fest-hackathon-hackerearth-buildathon

Flow fest. event

Starting October 15, Flow Fest is a global festival where attendees can role-play and experience projects built on blockchain, from collectibles to games, music to sports, sports and other areas of interest. There is an exclusive NFT release event. Flow Fest is a global marketing campaign attracting tens of thousands or even hundreds of thousands of collectors worldwide with the aim of drawing their attention to the product launches of our ecosystem partners.

Event details under: https://discord.gg/FlowVerse

See the Flow Fest ecosystem:

Flowfest website: https://www.flowverse.co/

Flowfest Discord: https://discord.gg/flowverse

Flow website: https://www.onflow.org/

Disclaimer: This is a press release, not investment advice. Before you act, do your research as we are not responsible for your investment decisions.

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