• Flow Blockchain Launches NFT Marketplace BloctoBay

  • Flow Blockchain has announced the launch of its new NFT marketplace, BloctoBay.The OpenSea-like platform is now available in beta.

    Flow notes that just as OpenSea currently offers cross-blockchain support on Ether, Polygon and Klaytn, BloctoBay’s new Non Fungible Token marketplace powers the Flow blockchain with its Flow NFTs.

    BloctoBay is still in beta. The app reportedly shared its ongoing “stress test” on Twitter.

    In essence, BloctoBay is inviting users to participate in the test with a $1,000 reward in order to check and fix any bugs in the system.

    BloctoBay and NFTs on Flow

    As such, BloctoBay is Flow’s new NFT marketplace where all non-convertible tokens backed by the Flow network can be bought, sold and discovered.

    BloctoBay launches its first NFT marketplace

    Flow is a layer one blockchain designed to serve as the foundation for a new generation of games, apps and the digital assets that support them. Currently, the Flow network already supports dozens of apps, including some of the most popular NFT families, such as CryptoKitties.

    Not only that, Flow NFTs from MotoGP Ignition, Vault by CNN, Versus, Dark Country, Ben Mauro’s Evolution & Warfare series and more are already available on BloctoBay.

    NFTs and Flow’s blockchain development

    In the middle of last month, the Flow blockchain was backed by search engine giant Google, which partnered with Dapper Labs, the company behind Flow.

    Basically, through Google Cloud, Google and Dapper Labs will team up to help Flow’s blockchain scale, increase and support the growth and expansion of the network.

    The internet giant’s intervention in the expansion comes after Flow’s blockchain recorded 500,000 to 1 million transactions per week this summer.

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