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Flowverse - Flow Ecosystem Vol. 6

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Flowverse - Flow Ecosystem Vol. 6

Central hub for Flow

BlockVenture
Nov 8, 2021
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Flowverse - Flow Ecosystem Vol. 6

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Introduction:

As dApps, games, and digital assets proliferate and evolve, the range and quality of services that support users is increasing. Founded this year and headquartered in Melbourne, Australia, Flowverse is a platform for discovering projects built exclusively on the Flow Blockchain. It is a one-stop shop for all things Flow including research, NFT drops, dApps, investors, rankings and more.

The website started by listing digital NFT drops and blockchain projects by fundamental categories such as sports, marketplaces, and collectibles. They are aiming to become the central hub for learning about new Flow projects such as NBA Top Shot, ChainMonsters, Enemy Metal, and 126+ other projects. The Flowverse Discord Community is now at 65K users and growing quickly. 

There are 2.4M wallets and 3,000+ devs building on Flow, but no central place exists for the Flow community to learn about these new projects from a trusted third party. Discovering new NFT projects remains a big problem at large. As James Petchey, Flowverse’s co-founder tells us: “if you want to find something cool to collect, you have to spend hours scrolling through Twitter, Discord channels, YouTube influencers, and analytics like Cryptoslam, CoinMarketCap, etc.”

Flowverse solves this problem by creating a place to discover Flow blockchain projects, Flow NFT drops, and Flow news. Partnering with Graffle and BlockVenture, Flowverse compiles information to quantitatively and qualitatively rank the potential of each new Flow project; with the aim to become the most comprehensive data provider for projects on Flow blockchain.

There is a high demand from the broader Flow community of developers and users for staying up to date on Flow projects and NFT drops. Flowverse addresses this demand by aggregating news content from a range of sources and providing a holistic service to its users.

Executive Summary:

  • Team

    • Nishanta Dharmaseri, BCom Actuarial Science and Economics, University of Melbourne

    • James Petchey, BCom Finance and Economics, University of Melbourne

    • Based in Melbourne, Australia

  • Revenue Model

    • Advertising revenue 

    • Launching Flow projects

    • Dealflow for VCs in the Flow ecosystem

  • Financials

    • Flowverse is self-funded and they are planning to raise capital in 2022

  • Strategic Partners

    • BlockVenture

    • Blocto

    • Graffle

    • The First Mint

    • Baller VC (Flow’s ecosystem fund)

Product Overview:

The NFT drops tab allows users to see an easy to view list of upcoming and past drops. There is a countdown clock next to each upcoming drop which creates a sense of excitement and encourages the user to check back frequently to discover new NFT drops listed. You can click on any project you like to learn more. This takes you to a screen where you can see the project’s creator, description, and social links. Overall, the interface is simple and effective.

The Research tab provides in-depth project coverage. Here you can search for project deep dives, AMAs on Flow blockchain projects. There are currently 20+ projects covered in this research hub, with more analysis coming soon. Among the research reports currently listed are exciting companies including GigLabs, Mint, and Blocto.  

The investors listings section provides a list of 70+ investors in the Flow blockchain ecosystem. This list includes high profile names such as a16z, Baller Ventures, and Techstars.  To round up their offering, Flowverse is developing a free newsletter of Flow news, projects, and infographics.

Conclusion:

Flowverse has an opportunity to be the first platform to start tracking key project metrics on the Flow blockchain. For example, Flowverse already tracks major events on Flow. It can also start tracking price, volume, market cap, community growth, open-source code development, and on-chain metrics for all project listings, as applicable. This would provide additional layers of insight about projects in development on Flow.

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Flowverse - Flow Ecosystem Vol. 6

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