Cryptocurrency alternate Coinbase has introduced that it’s going to help the airdrop of the Flare (FLR) token to eligible XRP holders.
The Flare venture, whose objective is to carry good contracts to the XRP Ledger and different networks, executed the snapshot of XRP holders again in December 2020.
Coinbase has warned that the FLR airdrop shouldn’t be going to be obtainable in Japan, Germany, New York, and Singapore as a result of regulatory roadblocks.
Quick-forward to late 2022, the much-hyped venture is lastly shifting ahead with the much-anticipated airdrop.
In late November, Binance, the most important cryptocurrency alternate by reported practice volumes, confirmed that it might present FLR token distribution to eligible prospects on Jan. 9, 2023.
Kucoin, Bitstamp, Bitrue, Uphold, OkCoin, Bitfinex, Kraken, Gate.io, Upbit, and Bitso are among the many exchanges which have additionally confirmed their help for FLR token distribution.
The venture’s native token was initially referred to as Spark, however the crew has determined to drop the identify.
As reported by U.At the moment, the community has reached greater than 100 validators, guaranteeing its decentralization.
It now looks like Flare is lastly prepared for the much-awaited airdrop. The variety of customers which can be anticipated to obtain tokens is predicted to achieve 10 million.
Final July, Flare additionally launched a venture referred to as Songbird, which is a canary community with its personal SGB token.