Flow is a blockchain network designed to enable transactions that are fast and cheap. The flow blockchain is a competitor to ethereum, another blockchain platform that supports a native currency plus an ecosystem of blockchain-based projects.

flow blockchain was launched in conjunction with Dapper Labs’ NBA Top Shot, a blockchain-based digital collectibles marketplace that specializes in basketball cards.1 According to Dapper Labs, as of May 2022, the flow blockchain has processed more than 20 million NBA Top Shot transactions worth over $1 billion.

Flow was first built as a tool for Dapper Labs’ game developers to meet their own needs, and later launched publicly to support other decentralized applications.

Data from thebalancemoney

NBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips.

Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators of CryptoKitties. High-profile investors include the NBA legends Michael Jordan, Kevin Durrant and Klay Thompson.

The platform is run using Dapper Labs’s Flow blockchain, and gives users the ability to trade digital assets based on video clips from NBA games. The Flow blockchain supports transactions on a range of other sports NFT marketplaces, like NFL All Day and UFC Strike.

As of September 2021, NBA Top Shot had more than 1 million registered users. Data from NFT marketplace tracker DappRadar suggests that more than half a million NBA Top Shot had exchanged a total volume of nearly $1 billion on the platform since its inception.

Data from forbes