Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Here’s How Well-Connected NFT Altcoin Flow (FLOW) Can Wake Up From the Doldrums, According to Coin Bureau

by Daily Hodl Staff
March 15, 2022
in Altcoins

The host of crypto channel Coin Bureau is outlining what he believes it would take for the altcoin Flow (FLOW) to see a boost in price.

Flow is a decentralized layer-one blockchain for games, applications and non-fungible tokens (NFTs).

Its blockchain builds functional improvements directly on its protocol layer, allowing users to make payments and participate in the network’s governance. Its ecosystem partners include brand names such as Warner Music, the NBA and Ubisoft.

Coin Bureau’s pseudonymous analyst Guy tells his nearly two million YouTube subscribers that Flow’s high-profile partnerships aren’t entirely positive for the blockchain, however.

“The only problem is that Flow’s alignment with established players is probably why it has next-to-no interest in partnering with crypto projects or even appealing to the crypto community. My evidence is the lack of wallet support and the apparent absence of interoperability with any other cryptocurrency. Remember that Flow has hundreds of millions of dollars in its back pocket.” 

Flow’s native token, FLOW, has recently been caught in price doldrums like much of the crypto market. The 61st-ranked crypto asset by market cap is trading at $5.28 at time of writing and is down more than 30% in the past month.

Guy says making further inroads with the crypto community could help increase FLOW’s price.

“Currently, the Flow blockchain is quite centralized. And, as you no doubt know, centralization is generally a risk to a trustless network. Now having said all of that, the Dapper Labs [FLOW developer] team is aware of this, and there are moves afoot to further decentralize the network.

My only hope is that more efforts are made to onboard regular crypto users through additional integrations and wallet support. These two things alone might be enough to create the demand Flow needs to offset its constant supply shock and lead to some serious gains down the line.”

I

Check Price Action

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

 
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/HUT Design

Submit a Press Release

Industry Announcements

  • Swappi’s New Launchpad Feature To Bring IDOs to Conflux
    May 20, 2022
  • First Global Web 3.0 Eco Innovation Summit Comes to Singapore
    May 20, 2022
  • Wombat Soars to $40 Million in Total Value Locked While Still at Beta
    May 20, 2022
  • Babel Finance Used Collateralized eNote on FQX’s Solana DApp via Fireblocks
    May 19, 2022
  • Top Solana Play-to-Earn Contender DeFi Land Launches Its First Play-and-Earn Game
    May 18, 2022
  • Sneakmart Announces a Collaboration With StockX on Its First Metakicks Drop
    May 18, 2022
  • Everyrealm and Storyverse Partner To Create Interactive Stories for NFT Communities
    May 18, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$30,036.00
$30,036.00
1.63%
Ethereum
$2,014.63
$2,014.63
1.39%
Cardano
$0.537701
$0.537701
0.69%
XRP
$0.417997
$0.417997
0.05%
Dogecoin
$0.086131
$0.086131
0.56%

Spotlight

  • Binance CEO Breaks Silence, Says Terra (LUNA) Should Have Handled the Collapse Differently
    May 15, 2022
  • Luna Foundation Guard Reveals It Sold More Than $2,400,000,000 in Bitcoin (BTC) at Height of TerraUSD Collapse
    May 18, 2022
  • One Metric Indicates Bitcoin (BTC) Could Crash by Over 50% As Macro Environment Worsens, Says CryptoQuant CEO
    May 21, 2022
  • Bitcoin Gearing Up for a Big Move in the Next Three Months, Says Crypto Strategist – Here Are His Targets
    May 16, 2022

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • Email Alerts
  • DAILY HODL MIX

© 2022 The Daily Hodl