Flow
Crypto Overview
Overview and Intended Utility
Flow is a blockchain platform developed by Dapper Labs, creators of CryptoKitties and NBA Top Shot. The platform is designed specifically for NFTs and decentralized applications with a focus on gaming, entertainment, and digital collectibles.
Business Model and Current Usage
Flow's primary utility is to serve as the native token for transaction fees, staking, and protocol governance. The platform enables developers to build decentralized applications with improved scalability through its multi-node architecture. Notable partnerships include the NBA, UFC, NFL, and major game developers.
Real World Adoption
Flow has demonstrated significant real-world utility through successful applications like NBA Top Shot, UFC Strike, and NFL All Day. The network processes millions of transactions monthly, with active developer participation and continuous platform updates.
Token Distribution and Governance
Initial token distribution allocated 30% to the team and investors with multi-year vesting schedules. The remaining 70% was distributed through ecosystem development, node operators, and community initiatives. The vesting schedule for team tokens extends over several years, demonstrating long-term commitment.
Development Activity
Flow maintains active development with regular updates to its protocol. The team consistently delivers technical improvements and new features, focusing on scalability and developer tools. GitHub repositories show continuous contributions and meaningful protocol improvements.
Revenue Model
Flow generates revenue through transaction fees and facilitates value exchange without interest-based mechanisms. The platform's focus on NFTs and digital collectibles creates legitimate value through ownership and transfer of digital assets.
Crypto Impact
To assign a comfort level investing in Flow from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Flow.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.