Should you invest in FLOW token: Google partners with Dapper Labs

By: Milko Trajcevski
Milko Trajcevski
Milko leverages his passion for cryptocurrencies and teaches investors something new each day. During his spare time, he loves… read more.
on Sep 16, 2021
  • Google has partnered with Dapper Labs Flow Blockchain.
  • Under this collaboration, Google will provide intuitive support for Web 3.0 products.
  • Additionally, they will introduce Non-Fungible Tokens (NFTs) and marketplaces.

Flow FLOW/USD is a fast, decentralized, and developer-friendly blockchain specifically designed as the foundation for a new generation of apps as well as the assets the power them. 

Flow is a layer-one blockchain developed by the team behind CryptoKitties, Dapper Wallet, and NBA Top Shot.

The Google partnership as a catalyst for growth

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Back in August, we saw how the FLOW token increased its value by 114%.

On September 14, Forbes posted an article stating that Google has taken a giant step towards powering blockchain-based Web 3.0. 

They have done so through a partnership with Dapper Labs, which is a Canada-based Non-Fungible Token blockchain platform. 

Under this collaboration, Google is intended to provide support for Web 3.0 products and services such as NFTs and marketplace.

Alongside this, Google Cloud will end up working as a network operator for the Dapper Lab’s Flow blockchain.

This will enable Google to assist in the process of scaling the Flow blockchain throughout its future.

Google Cloud North America’s vice president Janet Kennedy expressed her side about this partnership, as joining represents a multi-year deal between Google and Dapper Labs. 

The Dapper Labs CEO Roham Gharegozlou officially confirmed the partnership on Twitter and gave a warm welcome to Google

Given that FLOW is the native cryptocurrency token on the Flow Blockchain, this heightened media attention and collaboration could potentially bring its value much higher; let’s see by how much.

Should you invest in Flow (FLOW)?

On September 16, Flow (FLOW) had a value of $21.41. 

To truly see what kind of potential impact this partnership can have on its growth in terms of value, we will be comparing this value point to its all-time high value as well as its performance in August.

In terms of its all-time high value, FLOW was worth $42.40 on April 4.

When we compare the value on April 4 to the value on September 16, we can see that at its peak, FLOW had a value that was $20.99 higher or was 98% higher.

Next, we’ll be taking a look at its performance in August in terms of value.

The lowest value point of FLOW was on August 9, when its value was just $21.08.

The highest value point of FLOW was on August 30 where the token increased its value to $28.62.

That being said, we can see that the token increased in value by $7.54 throughout the month, which is an increase of 35%.

With the partnership with a large company such as Google, we can expect these solutions and additions to the blockchain to raise its value even higher.

By the end of September, we can expect the value of FLOW to increase to $25, making it a worthwhile investment.

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