FLOW
No. 61Price
Markets
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1. Project introduction
Flow has four features:
(1) Multi-role architecture: Flow’s design is unique, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.
(2) Resource-oriented programming: smart contracts on Flow are written in Cadence, an easier and safer programming language for crypto assets and apps.
(3) Developer ergonomics: from upgradeable smart contracts and built-in logging support to the Flow Emulator, this network is designed for results.
(4) Consumer onboarding: Flow was designed for mainstream consumers, with payment onramps catalyzing a safe and low-friction path from fiat to crypto.
2. Team introduction
Founder: Roham Gharegozlou
Linkedin: https://www.linkedin.com/in/roham/
CFO: Alex Shih
Linkedin: https://www.linkedin.com/in/alex-shih-b678024/
3. Investment institution
Blockchange ventures, coinbase ventures, DTL ventures, digital currency group, ld capital, distributed global, a16z crypto etc.
4. Application and distribution
Max. supply：1.25 billion
Token application:
(1) Payment for computation and validation services (i.e., transaction fees)
(2) Medium of exchange
(3) Deposit for data storage
(4) Collateral for secondary tokens
(5) Participation in governance
Token distribution:
Ecosystem development: 32%
Dapper Labs: 20%
Large backers: 11.1%
Small backers: 8.9%
Community sales: 10%
Development team: 18%
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