Flow: NFT-specific blockchain

The NFT market came out of stagnation at the end of last year and peaked with $200M+ weekly volume. Now the lion's share of the volume falls on Ethereum NFT projects, primarily CryptoPunks. However, this indicator reached its heights primarily due to the record volumes of NBA TopShot on the Flow blockchain. More recently, the basketball digital card trading platform has decreased by about 1000% from the peak, but most likely, these are only temporary pains.

Using Flow instead of Ethereum allows projects to get more security with resource-oriented programming, execution speed, and, most importantly, low fees (there are no fees now). For example, the launch of the first hype NFT project CryptoKitties has led to an incredible rise in gas prices. A year and a half later, the developer of CrypotKitties, Dapper Labs, released their smart contract wallet, in which Ethereum transaction fees were partially subsidized. However, due to The Summer of DeFi, the gas price began to rise, so gas subsidies were limited.