April 21, 2021

Flow blockchain platform for selling NFT tokens

Flow blockchain platform for selling NFT tokens

Cryptocurrency exchange OKEX has launched its own Flow platform for trading NFT tokens, as well as flashed the FLOW token.

OKEX will start selling NFT tokens

Cryptocurrency exchange OKEX announced the launchits own blockchain platform Flow, which will be used to sell non-fungible tokens (NFT). The first token to appear on the platform will be the National Basketball Association (NBA) NFT - NBA Top Shot. The FLOW token will be the internal payment instrument of the platform. The same token will be traded on the main site OKEX.

"Officially licensed by the NationalBasketball Association, NBA Top shot is currently pushing NFT to mainstream adoption, with sales reaching over $ 45 million in the last 24 hours alone. Just last week, one blockchain-based collectible 'Moment' - a 13-second video of star player Zion Williamson - sold for a whopping $ 100,000. ", - stated in the company.

The Flow platform was developed inCollaboration with several leading global partners including NBA, Samsung and Warner Music Group is now open to anyone looking to develop decentralization apps. Flow allows developers to create new cryptocurrency ventures and unique digital assets that can be traded in open markets.

“Flow has already proven itself to be fast anda secure platform for developers to build a range of games, digital assets and consumer applications, and will undoubtedly play a large role in the spread of NFT. ", - Jay Hao, CEO of OKEx, commented on the launch of the platform.

FLOW / USDT will start spot trading at 17:00 UTC on February 23rd, while FLOW / ETH and FLOW / BTC will open an hour later.

Global brands conquer the NFT token market

Note that the NBA is not the first publican organization that issues its NFT tokens. Other well-known companies and world heavyweights have also taken up the NFT market. Nike, Louis Vuitton and Warner Music presented their collectible tokens and games on it. Tokyo-based crypto exchange Coincheck recently announced the takeover of the non-fungible token developer Metaps Alpha as part of its expansion into the NFT market.

Tech giant Microsoft didn't stay eitheraside from new trends and announced a partnership with the Enjin blockchain gaming platform to release customizable NFT tokens. They will be compatible with the Minecraft video game.

Recall that an NFT token was previously issued withcards for a computer game based on the sci-fi series Doctor Who. And graphic designer Beeple launched a sale of non-fungible tokens on the Nifty Gateway platform and earned more than half a million dollars in five minutes.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

Site reliability is primarily determined bytrading volume and number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the withdrawal of assets.
  • Feedback and support - we analyze user reviews and the quality of technical support.
  • Convenience of the interface - we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform features - availability of additional features - futures, options, staking, etc.
  • final grade - the average number of points for all indicators, determines the place in the rating.

Flow blockchain platform for selling NFT tokens

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