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Rollup-Centric NFT Platform Flow Raises $3M Seed Funding

Michael Abadha Blockchain market writer
    Summary:
  • Flow is building an NFT ecosystem built on modular stack and powered by AI. It is currently on a testnet and in its Beta phase on Ethereum.

Flow, the modular NFT ecosystem focused on rollups, has concluded a $3 million seed fundraising round with participation from Nima Capital, Shima Capital, and other industry leaders. The company says that the money will go towards helping it meet its growth targets. Users can follow Flow’s developments on Twitter and participate in discussions about Flow on Discord to remain up to speed on the eagerly awaited token launch.

The Flow mission

Flow, developed by a group led by a former Googler and incubatee at Binance Labs, is constructing an NFT ecosystem by making use of the most recent developments in artificial intelligence (AI) and the modular blockchain stack. AI features, such as LLM-based NFT analytics solutions, state-of-the-art agents to automate trading, and community-driven NFT development and deployment tools, will soon be a part of the platform. In addition, it has developers’ smart contracts which support the smooth automation of NFT trading actions.

Using Flow’s innovative “place bid once, buy from everywhere” technology, NFT bidding is simplified. Its order matching and execution engines offer a pleasant user experience, shielding customers from predatory frontrunners and extra gas costs by channelling trades through Flashbots. 

Flow is well-positioned to establish a plug-and-play NFT ecosystem, which is becoming increasingly important as the blockchain industry pushes towards modularity. This modular stack allows for the rapid development of low-overhead NFT trading infrastructure and creation tools while benefiting from the shared security of an underlying L1. To be ready for this future, Flow has robust matching and execution engines.

Flow is currently in beta on the Ethereum mainnet and the Goerli testnet. The Flow Ambassador Programme is open to anyone who wants to help spread the word about Flow in exchange for some perks. You might just land a great chance to shape the future of this promising project.