## FLOW Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **FLOW:** The native token of the Flow blockchain, designed for supporting applications built on the platform. * **Launched:** May 2019. * **Market Cap:** ~$1.2 billion (as of Feb 23, 2024). * **Rank:** #102 on CoinGecko. * **Unique Features:** * **Scalability:** Designed for high transaction throughput, aiming to support large-scale applications. * **Security:** Uses a Proof-of-Stake consensus mechanism. * **Focus on NFTs:** Popular for minting and trading non-fungible tokens (NFTs).
**Recent News:**
* **Feb 22, 2024:** Dapper Labs, the company behind Flow, announces a partnership with the National Basketball Association (NBA) to introduce fan engagement initiatives utilizing NFTs. * **Feb 15, 2024:** Flow blockchain integrates with the Layer 2 scaling solution StarkNet Alpha. * **Feb 8, 2024:** Flow releases its annual report, highlighting growth in active users and developer activity.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Do your own research before making any investment decisions.
**Additional Notes:**
* FLOW price has experienced fluctuations recently, reflecting broader market trends. * The recent news highlights Flow's focus on partnerships and NFT adoption. * It's crucial to understand the risks involved in cryptocurrency investments before making decisions.
I hope this information is helpful! Feel free to ask if you have any further questions.
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