Bitcoin

Dapper Labs Blockchain Flow is taking a big step towards the mainnet

In a train that may indicate the start of a mainnet, the mainnet is at the door. Flow – the blockchain from Dapper Labs, Cryptokitties developers and NBA Topshot – launched the Flow Port: A tool for token holders to manage, stake out and delegate their flow crypto assets.

The ad focused heavily on the path Users can stack their FLOW tokens through escrow providers like Kraken and Coinlist as well as delegating their tokens to existing node operators. But still, Those wishing to run their own node could face a lengthy verification process: the announcement states that there is a long waiting list that is “continuously processed”..

The announcement includes in particular Ledger support, the crypto giant who allows FLOW token holders native access to the flow port through their hardware wallets. The wallet provider Blocto will also offer access and a cross-chain transfer mechanism of the USDT stablecoin.

Dapper Labs Blockchain Flow is taking a big step towards the mainnet
Dapper Labs Blockchain Flow is taking a big step towards the mainnet

In a statement to Cointelegraph, Roham Gharegozlou, CEO of Dapper Labs, stated this The portal offers a variety of options to token holders who wish to join the network.

“”With Flow Port, anyone can create and manage non-custody flow accounts with any number of suppliersStarting with the Ledger hardware wallets and the Blocto software wallets, “he said.” Community participant You can use Port to manage your flow tokens directly, stake out via execution nodes, or delegate them to one of the 300 existing nodes that are operational at the time of stakeoutincluding nodes managed by key partners such as Samsung, Ubisoft and T-Systems. “

The launch of the Layer One chain has been eagerly awaited by many, and Dapper has been preparing on several fronts for months.

Preparations include a massive fundraiser for hedge funds and NBA players, a recent Dutch-style token auction that quadrupled the FLOW community’s selling price, and integration with Binance’s stablecoin BUSD. .

There’s an old business adage, “Buy the excitement, sell the news,” but perhaps Flow could be the exception if you are preparing to go out with a strong pitch.

Don’t stop reading:

Similar Posts