The Flow Foundation and Dapper Labs have announced a partnership for the creation of DApps to support the NFT gaming industry.
A total of $10 million in funding for developers as a result of the partnership will be used over the next three months to "support existing success stories and new builders doing great things for Top Shot NFT owners." In addition, said funds will be directed to 'creating new ways for gaming and social play, for NFT owners to have fun with their stuff'.
This $10 million announcement for projects focused on Web3 games is reportedly the first of a new multi-million program to be announced soon by the Flow Foundation.
Some Information About Flow (FLOW)
Flow is a fast, decentralized and developer-friendly blockchain. It was designed from the ground up to cater to the next generation of games, apps and digital assets powering blockchains. The Flow blockchain is unique in that its design builds on what developers have learned over the years and improves existing solutions.
The Flow (FLOW) network was originally created by Dapper Labs, which is also responsible for Cryptokitties, Dapper, and NBA Top Shot. Dapper Labs has partnered with the NBA, NBPA, Warner Music Group, and UFC for years. In addition, Andreessen Horowitz has received financial support from world-class investors such as Union Square Ventures, Venrock, Google Ventures, Samsung and the founders of Dreamworks, Reddit, Coinbase, Zynga and AngelList.
At the time of writing, Flow (FLOW) is trading at $5.92 and is ranked 52 on Coinmarketcap. FLOW has a total market cap of $2.1 Billion and a circulating supply of 355,196,665,000.
Flow (FLOW) coin is traded on popular crypto exchanges such as Binance, Gate.io, Huobi, KuCoin, Kraken, Bybit, Bitrue, OKX, and Crypto.com.