Flow
FlowFLOW1.02$ +-2.80%

The blockchain for open worlds

37 Rank
1.57B$ Market cap
4.81M$ 24H Volume

FLOW price live chart

1.02$-2.80%
Flow Price statistic
Flow price today
Flow price
1.02 $
Price change (24h)
2.80% -0.03 $
Trading volume (24h)
4.81M $
Market Dominance
0.15%
Market rank
#37
Flow price history
All Time High
Apr 5 2021 (1 year ago)
97.73% 45.00 $
Flow Market Cap
Market Cap
1.57B $
Fully Diluted Market Cap
1.52B $
Flow Supply
Circulating Supply
1.04B FLOW
Liquid Supply
567.47M FLOW

Download Flow wallet app

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Store & Transfer FLOW safely

Cropty is a convenient mobile app to store, transfer and receive Flow safely. Cropty supports multiple networks and cryptocurrencies. Investing in FLOW becomes easy with Cropty wallet.

Monitor your FLOW balance in USD

You can track your Flow value in 10 fiat currencies: USD ($), RUB (₽), EUR (€), INR (₨), THB (฿), KRW (₩), UAH (₴), GEL (₾), TRY (₺), GBP (£), BRL (R$).

Receive FLOW in ETH network

Cropty cryptocurrency wallet supports Bitcoin, Ethereum, BNB Chain, Polygon and Tron networks. To receive Flow in Ethereum (ERC-20) network, just download the app, sign up and share your public address or QR-code with th sender.

Send Flow by mobile phone number with 0% fee

No more confusion with crypto public addresses: in the Cropty cryptocurrency wallet you can send Flow just by mobile phone number, QR-code and even a nickname! Make instant zero-fee Flow transfers in your usual ways.

FLOW wallet mobile app for iOS and Android

Get access to Flow right in your mobile phone or any browser. Cryptocurrency investments wallet is already available for Android and iOS. Download Cropty to invest in Flow online.

Flow basics

Name

Flow

Category

Infrastructure

What is Flow?

Flow is a blockchain created by Dapper Labs that aims to make it easy for developers to build decentralized applications and businesses. Flow uses a multi-role architecture design to scale the network instead of sharding. One of the fundamental reasons Dapper Labs opted to shift away from Ethereum and build its own general-purpose blockchain was to avoid the complexity of sharding. Flow asserts that its scaling-without-sharding strategy will improve network speed and throughput while preserving composability standards and a developer-friendly, ACID-compliant environment.

Flow token type

Token name

FLOW

Token type

Native

Token uses

Work, Payments

What is Flow used for in 2022?

The FLOW token is the blockchain native token required for staking on the platform, as well as the currency in which staking rewards are paid. In addition, small amounts of FLOW token are required to pay transaction fees and a minimum reserved balance is required to pay for storage on the network.

Flow is a proof-of-stake system, so operations of the validator nodes require FLOW tokens. The tokens will have multiple uses, including:

  • Staking
  • Staking rewards
  • Gas/Transaction fees
  • Account storage deposits
  • Collateral for stablecoin and other third party defi products
  • Participation in future protocol governance and ecosystem development

Flow history and first price

Launch style

Private Sale, Crowdsale

How did Flow come about?

Dapper Labs was founded in 2018 and is based in Vancouver, BC.

As of Fall 2019, the team at Dapper Labs has been building the production version of the Flow network. This includes complete implementations of protocol logic for each of the various node types, integration of the Hot Stuff consensus algorithm, and implementation of the various crypto libraries and signatures the protocol requires. The team released the Flow Beta Mainnet in May which supports production user experiences for us and its partners.

For Beta Mainnet the native token (FLOW) existed on the network to instantiate user accounts and provide a minimal balance for user to conduct their first transactions. All fees were a small nominal amount at this stage. Future development will include integration of epochs (the ability for new nodes to join and leave the protocol), full challenge arbitration by the consensus nodes, performance improvements to the protocol, and upgrades to the programming language (Cadence).

Flow roadmap 2022
Flow Developer Preview
December 2019 · Smart Contract Emulator

Emulator software released to allow the development of smart contracts without access to a full network instance. Used by Dapper Labs to start development of NBA Top Shot.

Flow MVP
January 2020 ·

Complete transaction cycle processed by a single instance of each node

Dev Portal
March 2020 ·

Onboarding developers to Cadence via hosted hackathon

Multi-Node
March 2020 ·

Multiple nodes of each role allowing simple transactions to go on a complete round trip through the network

Full Happy Path
April 2020 ·

Complete consensus and execution environment (without slashing)

Beta Mainnet v0.1
June 2020 · Beta

Beta Mainnet hosting smart contracts/dapps in production with real user data, starting with the NBA collectible experience and associated NFTs.

Token Generation Event
September 2020 · Token Launch

The FLOW token is minted and held by Dapper Labs pending distribution to pre-launch investors and a Community Sale on CoinList.

Open Source Licensing
September 2020 ·

The full node implementation is publicly published under an open-source license.

Validator Rewards
November 2020 ·

Node operators are required to stake a number of tokens in order to participate in the network and earn rewards. Token holders can delegate to specific operators to earn a share of rewards. The Slashing Rate is set to 0% until the Slashing mechanisms have been tested for false positives.

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Flow technology explained

There are four pillars at the foundation of the Flow blockchain:

  • Multi-role architecture
  • Resource-oriented programming
  • Developer ergonomics
  • Consumer onboarding

Multi-role architecture Flow’s design is unique, allowing the network to scale to serve billions of users without sharding or reducing the decentralization of consensus. Flow pipelines the work of a blockchain miner or validator across four different roles that all require staking; a separation of concerns that significantly reduces redundant effort. Epochs will reflect the plans outlined in this document - Incentives in a Multi-Role Blockchain while challenge arbitration will in Flow is described in this technical paper - Execution Verification.

Resource-oriented programming Smart contracts on Flow are written in Cadence, a new programming language for cryptoassets and apps that builds on the concepts of resource-oriented programming which prioritizes ease of use for developers. Using Cadence, developers will be able to create unique and durable digital artifacts where ownership is tracked by the language itself. Flow envisions that this design will enable a powerful new category of applications. Developers can try Cadence on the Flow Playground.

Developer ergonomics Flow includes a number of features informed by Dapper Labs’ experience building some of the most used dapps of all time, including CryptoKitties. For example, Flow enables upgradeable smart contracts to allow developers to deploy smart contracts to the mainnet in a “beta state”, where the code can be incrementally updated by the original authors. Users will be alerted to the unfinished nature of this code, and can choose to wait until the code is finalized before interacting with it. Once authors are confident that their code is safe, they can irrevocably release their control on the contract, and then remains immutable on the Flow blockchain for all time. This balances the best-practices of product development (early iteration and refinement) with the smart contract benefits of trustless, immortal code.

Consumer onboarding The native account model on Flow is designed to provide a series of benefits to improve the experience for all users, from rank beginners to seasoned experts. For example, there are hooks built into the protocol to allow account recovery flows for users who lose their keys and optional multi-sig support with the ability to frequently cycle keys for advanced use cases.

General Tech stack overview The entirety of the node software is currently written in the Go programming language. This includes basic storage (BadgerDB), networking (libp2p), consensus algorithm (self implemented HotStuff), execution storage (self implemented binary Merkle tree), execution environment (Cadence) and all supporting components.

The codebase is generally split into sections related to each of the roles: Access, Collection, Consensus, Execution and Verification, with the exception being shared components, such as caching, networking and cryptography.

The Flow blockchain programming language, Cadence lives in a separate repo and is maintained separately.

Flow core contributors
Individuals
Companies
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Vishal Changrani
Senior Blockchain Engineer at Dapper Labs
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Tarak Ben Youssef
Senior Cryptography Engineer at Dapper Labs
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Roham Gharegozlou
CEO at Dapper Labs
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Weilei Yu
Head of Marketing and Developer Relations at Dapper Labs
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Ramtin Mehdizadeh Seraj
Senior Research Engineer at Dapper Labs
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Rafael Morado
Head of Game Design at Dapper Labs
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Peter Siemens
Software Engineer at Dapper Labs
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Alex Shih
CFO at Dapper Labs
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Mikhael Naayem
Chief Business Officer at Dapper Labs
Mik Naayem is Cofounder and the Chief Business Officer of Dapper Labs, the creators of CryptoKitties and Flow. Mik focuses on directing business strategy, partnerships, and helping build out Flow’s ecosystem. Prior to joining CryptoKitties, Mik founded and acted as CEO of Fuel Powered.
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Mickey Maher
SVP of Revenue and Gaming Partnerships at Dapper Labs
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Maksymilian Pawlak
Senior Blockchain Engineer at Dapper Labs
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Layne Lafrance
Flow Product Lead
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Kim Cope
Dapper Platform Product Lead at Dapper Labs
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Jordan Schalm
Senior Software Engineer at Dapper Labs
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Jody Rebak
Chief of Staff at Dapper Labs
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Dr. Yahya Hassanzadeh Nazarabadi
Senior Research Engineer at Dapper Labs
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Dr. Alexander Hentschel
Senior Blockchain Architect at Dapper Labs
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Dieter Shirley
Founder of Flow and CTO at Dapper Labs
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Courtney McNeil
Design Director at Dapper Labs
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Chiqing "Leo" Zhang
Head of Scaling at Dapper Labs
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Caty Tedman
Head of Partnerships and Brand at Dapper Labs
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Bastian Müller
Sr. Architect of Developer Tools at Dapper Labs
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Dapper Labs
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Lorem Labs
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Gigster
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Forbole
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Codelink
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Blockchain at Berkeley
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Axiom Zen
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Andela
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Flow supply limit

General Emission Type

Inflationary

Precise Emission Type

Dynamic Emission

Flow supply curve details

Short Term The Flow blockchain will have an initial bootstrapping phase to create the initial circulating supply for the network through staking rewards paid to anyone willing to lock their FLOW token and participate in the network. During the bootstrapping phase there will be around 7.2% monetary inflation. Staking rewards begin accruing after November 2, 2020 and are paid out every epoch (approximately weekly).

Long Term New issuance on Flow is used for staking rewards in cases when transaction fees are not sufficient to compensate delegators and validator node operators. On or before December 15, 2020, the total new issuance rate across the network is capped at 5% per year. This cap will go down to 3% after June 1, 2022. New issuance “tops up” the transaction fees to a minimum guaranteed income for node operators. If fees cover the income guarantees, new issuance goes to 0. Therefore, as the Flow blockchain gains adoption and fees increase, the issuance should eventually remain at zero while fees make up a majority of network rewards.”

Note: There is an additional 250 million FLOW tokens, half of which will be held in the foundation reserve for staking and delegation only while the other half is intended as collateral subsidies to secondary protocols. As a result of the intended lockup, these tokens are not reflected in the circulating supply.

Who funds Flow core development?
Individuals
Companies
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Casper Johansen
Cofounder at The Spartan Group
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Aaron Gordon
American basketball player
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Alex Shih
CFO at Dapper Labs
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Andre Iguodala
American Basketball Player
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Andrew Chen
General Partner at Andreessen Horowitz
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Carlos Kronen
Investor
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Chris Sheng Jia Ye
Investor
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Chun Wang
Associate Professor at University of Washington
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Kei Remeau
Investor
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Elliot Goldwater
Sr. Director of Business Development at Twilio
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Don Mattrick
CEO at Prometheus Ventures
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David ted Berge
CEO and Founder at Underdog Foundation
Show more
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Sky Group Limited
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A. Capital Partners
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Distributed Global
Distributed Global is a venture firm focused on the blockchain ecosystem. Our diverse industry experience, team, reputation in the crypto community, and multi-decade perpective enable us to guide founders creating the foundational platforms of the future.
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DTL Capital
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LD Capital
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LedgerPrime
A quantitative and systematic digital asset investment firm. With a commitment to rapid innovation and a technology first and data-centric approach, LedgerPrime seeks to become a global leader in generating sustained and superior risk-adjusted returns.
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North Island Ventuers
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Novel TMT Ventures
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ONEBOAT CAPITAL
ONEBOAT CAPITAL is an international investment corporation in Fin Tech industry. “ONEBOAT” implies uniting all efforts in a concerted effort and empowering the next generation to innovate in the future. ONEBOAT CAPITAL was established in 2017 and now own a leading position with its keen market insight and the teamwork spirit in times of trouble,ONEBOAT CAPITAL have invested in hundreds of outstanding Fin Tech companies by focusing on their long-term investment value.
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Rising Tide
Rising Tide is a Silicon Valley-based venture capital firm funding entrepreneurs that help carry the founders’ visions.
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Digital Currency Group
Digital Currency Group (formerly known as the Bitcoin Opportunity Fund) is an investment firm focused on early seed rounds in cryptocurrency firms focusing on building out the infrastructure for the industry. It was founded by fintech entrepreneur Barry Silbert, who also founded SecondMarket, a private market for illiquid assets such as startup stock options. As a general rule, their investments focus on equity in companies rather than tokens, though they do purchase and hold cryptocurrencies. DCG also owns and operates CoinDesk, a well-known media company in the space, Genesis Trading, a bitcoin brokerage firm, and Grayscale Investments, a digital currency asset management firm. DCG has made over 100 investments in the space including well-known startups like Protocol Labs, Coinbase, and Ripple.
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SNZ
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Stonehaven Ventures
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SVAngel
SV Angel is a San Francisco-based angel investment firm run by Topher and Ron Conway. We help portfolio companies with business development, financing, M&A and other strategic advice.
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The Innovation Department
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Union Square Ventures
USV is a small collegial partnership that manages over $1B across seven funds.
User photo
Venrock
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Version One Ventures
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Warner Music
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a16z Crypto
a16z crypto is the blockchain and cryptoasset investment arm of Venture Capital firm Andreessen Horowitz. The fund was launched with $300 million to invest in crypto companies and protocols. a16z crypto is structured to hold investments for 10+ years and invest throughout various market cycles. Along with capital a16z Crypto provides support from the a16z team to assist startups with executive and technical recruiting, regulatory affairs, communications and marketing, and general startup management.
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Coinbase Ventures
Coinbase Ventures invests in companies building the open financial system. It provides financing to early-stage companies that have the teams and ideas that can move the cryptoasset industry forward.
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CNK Fund
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CMT Digital
CMT Digital, a division of the CMT Group, is focused on crypto asset trading, blockchain technology investments, and legal/policy engagement in the crypto asset / blockchain technology industry. Beginning in late 2013, under the leadership of Colleen Sullivan, the firm immersed itself in understanding the bitcoin protocol and took an active role in shaping the regulatory landscape for crypto assets. Accustomed to operating in highly regulated markets, CMT Digital participates in global discussions on regulation, policy, and best practices in the crypto asset and blockchain space.
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Accomplice
Accomplice is a seed-led venture capital firm.
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CLF Partners
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CoinFund
A cryptoasset-focused investment and research firm in Brooklyn, New York
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AppWorks Ventures
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BlockTower Capital
BlockTower is a cryptoasset investment firm, applying professional trading, investing, and portfolio management to an emerging digital asset class.
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Blockchange Ventures
A venture capital firm investing exclusively in early-stage blockchain companies, protocols, and applications that are trying to make a dent in the universe.
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Bellegarde Capital
Show more
USD to FLOW converter
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Flow consensus

General consensus mechanism

Proof-of-Stake

Precise consensus mechanism

HotStuff

Targeted block time

0.02 min

Flow governance

Onchain governance type

Upcoming

What is Flow governance?

The Flow Blockchain is governed in a progressively decentralized manner in which no single party carries an outsized influence over the direction of the network. The Flow Ecosystem makes decisions that affect the Flow Blockchain’s technical core protocol, which will follow a path similar to generally accepted open-source development practices:

  • Users may submit proposals for modifying the Flow Blockchain to the Flow GitHub repository. The Flow GitHub repository is currently under the control of the Core Team.
  • Members of the Flow Ecosystem discuss a submitted proposal; during this process, anyone may propose modifications to the originally submitted proposal
  • Eventually, it is determined whether there is community consensus to implement a given proposal
  • If and once community consensus forms around a proposal, the Core Team authorizes and implements the changes in a set of compatible protocol definitions and software implementations so they can be deployed by Validators maintaining the Flow Blockchain. The Validators choose which Protocol Version to use.

FAQ
1.What is the best app to store Flow?

Store Flow with Cropty cryptocurrency wallet by 3 simple steps:

  1. Download the app from the Apple AppStore or Google Play, or open your browser wallet.
  2. Create your Cropty wallet account with Face ID or Touch ID security options.
  3. Transfer FLOW from external wallet.
2. How can I receive Flow?

Receive Flow to your Cropty wallet by QR-code, phone number, e-mail and nickname:

  1. Download the app from the Apple AppStore or Google Play, or open your browser wallet.
  2. Create your Cropty wallet account, set up a nickname.
  3. Click ‘Receive’ and follow the instructions.
3. How can I store Flow safely?

You can transfer your Flow holdings and store it safely with Cropty wallet. Cropty secures safety of your holdings through various verification options like using password, authenticator app, Face ID, Touch ID and backup codes. You can be sure no one can get access to you Flow holding except you.

4. How to start investing in Flow easily and securely?

Start investing in Flow with Cropty cryptocurrency wallet by 3 simple steps:

  1. Download the app from the Apple AppStore or Google Play, or open your browser wallet.
  2. Create your Cropty wallet account, set your authentication settings.
  3. Transfer FLOW from external wallet.
5. Why should I choose Cropty to store and transfer Bitcoin?

The Cropty wallet provides the most convenient application for storing and transfering Flow. Cropty targets to become one the best crypto wallets for Android and iOS in 2022. Cropty provides convenient application and secure custodial services, built for crypto beginners, as well as for crypto-savvies.

6. How can I receive Flow as payment?

You can receive Flow as payment in Cropty wallet. It is a convenient mobile app to receive, store and transfer Flow FLOW safely and instantly. Open Cropty app, click ‘Receive’, follow simple instructions and get your Flow holdings immediately.

7. How can I receive Flow donations?

You can receive Flow donations instantly with Cropty wallet. Download Android or iOS app or open the web version, sign up, click ‘Receive’ and follow simple instructions. Share your address with someone who wants to donate you in crypto.

8. Can I send Flow without verification?

You can receive Flow donations instantly with Cropty wallet. Download Android or iOS app or open the web version, sign up, click ‘Receive’ and follow simple instructions. Share your address with someone who wants to donate you in crypto.

9. How can I send Flow without fee?

You can send Flow instantly without fee in the Cropty wallet. Download Android or iOS app or open the web version, sign up, click ‘Send’, choose ‘Send via e-mail, phone number or nickname’ and follow simple instructions.

10. How to make money with Flow?
  1. Sign up to Flow wallet.
  2. Top up your balance with Flow.
  3. Store, trade or deposit your Flow.
  4. Get Flow deposit interest directly to your Cropty wallet.
USD to FLOW converter
USD
$
FLOW
coin
Flow Price statistic
Flow price today
Flow price
1.02 $
Price change (24h)
2.80% -0.03 $
Trading volume (24h)
4.81M $
Market Dominance
0.15%
Market rank
#37
Flow price history
All Time High
Apr 5 2021 (1 year ago)
97.73% 45.00 $
Flow Market Cap
Market Cap
1.57B $
Fully Diluted Market Cap
1.52B $
Flow Supply
Circulating Supply
1.04B FLOW
Liquid Supply
567.47M FLOW
Cropty App
Download Cropty App for iOS and Android
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