Google Jumps Into The NFT Game, Forming Partnership With One of It’s Biggest Players… | Live Cryptocurrency News | Global Crypto Press

The partnership is with Dapper Labs, a Canadian firm that grew to become well-known for CryptoKitties, and adopted that with one other hit ‘NBA Top Shot’ – they’re now specializing in what they name the ‘Flow blockchain’. All this has earned Dapper Labs a market valuation of over than $7.5 billion {dollars}.

The partnership is with Google’s Cloud division, however the firm notes that Flow is and can stay a decentralized community, saying the involvement of the Google Cloud service won’t imply they’re shifting in the direction of centralization.

 According to Jannet Kennedy, vice chairman of the North American division of Google Cloud, the aim of the enterprise alliance is to assist Dapper Labs to have “rapid and sustainable growth.”

Apparently, providing extra instruments for builders is the aim. Those liable for writing the code of decentralized functions in Flow will be capable to use direct integration between the decentralized community and Google Cloud providers.

But The Market Seems Unsure What To Make Of The New Partnership…

The token behind the blockchain additionally is known as ‘Flow’ and is surprisingly down following the information, trading at $21 and unable to even deliver it again to it is highest value of the previous month, $28.  Volume is down over 50% right this moment as properly.  Still, it is a prime 100 coin by market cap and there is loads of future potential.

The settlement was made official in a press launch revealed Forbes, which you’ll be able to learn here.

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Author: Oliver Redding
Seattle Newsdesk

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