The long-awaited blockchain platform from Dapper Labs is getting closer and closer to its launch.
Flow, the blockchain platform from Dapper Labs, the developers behind the crypto collecting games Cryptokitties and NBA Topshot, could now have taken another step towards the introduction of its own mainnet.
Said step is the release of Flow Port, a tool that enables token holders to manage and stake their crypto funds on Flow
The associated notification explicitly explains how crypto users can stake their FLOW tokens via crypto custody service providers such as Kraken and Bitcoin Storm, and how they can pass their tokens on to existing node operators. Those users who want to operate their own node, however, have to undergo a review process, which may take longer, as there is already a long waiting list of candidates.
Another interesting aspect of the announcement is that the large crypto wallet Ledger is also supported. This allows Flow users to work directly with Flow Port via the Ledger hardware wallets. The new wallet provider Blocto will also offer this.
In a statement to Cointelegraph, Dapper Labs CEO Roham Gharegozlou explains that the new „portal“ opens up a number of possibilities for crypto users who want to use the blockchain network
„With Flow Ports, anyone can set up Flow accounts with multiple custodians, including the Ledger hardware wallets and the Blotco software wallets,“ said the CEO. He then adds: “Community stakeholders can use port to manage their flow tokens, to stake for nodes or to pass them on to one of the 300 existing nodes that will be put into operation as soon as the staking starts. These include nodes from major partners such as Samsung, Ubisoft and T-Systems. “
The introduction of Layer-One Blockchain Flow is eagerly awaited by many crypto users. Accordingly, Dapper is preparing at full speed on several fronts.
An important part of this effort is intensive fundraising , which has raised funds from hedge funds and NBA players, among others. In addition, the Binance Stablecoin BUSD was integrated and the value of the company’s own flow token was increased fourfold in an auction process.