Second Altcoin Announcement from Coinbase: Finally Listed The Expected Coin! Price Moving!

Cryptocurrency exchange Coinbase announced that the long-awaited Flare (FLR) altcoin is listed on the exchange in its second consecutive announcement.

The FLR token has been on Coinbase’s listing roadmap for a long time.

The token was airdropped to eligible XRP holders based on a snapshot taken on December 11, 2020.

Flare is a network that integrates the Ethereum Virtual Machine and can create two-way bridges between Ethereum and networks such as the XRP Ledger. This means that the XRP token is thus allowed to be used with smart contracts.

The public token distribution event, in which 15% of FLR tokens were distributed to eligible XRP holders, took place on January 9, 2023, after the observing mode ended.
The remaining distribution will begin after a management vote on how to run the process. The project was founded in 2019 and aims to enable smart contract functionality for XRP and other assets.
According to various sources, Flare Network is currently the project’s CEO, CTO, and Chief Designer Hugo Philion, Sean Rowan, and Dr. It was founded by Naïri Usher.
Flare Network has several use cases that take advantage of interoperability, scalability, and data collection. Some of these can be listed as follows:
Enabling smart contract functionality for assets such as XRP, BTC, and LTC through the creation of fiduciary fiduciary assets called F-assets (such as FXRP, FBTC, and FLTC) that can be used in decentralized applications on Flare.
Providing decentralized and reliable data from other blockchains and the internet through the Flare Time Series Oracle (FTSO), which enables applications on Flare to access prices, events and other information without relying on central oracles.

Providing a scalable and secure platform for building decentralized applications using the Ethereum Virtual Machine (EVM) that supports a wide variety of programming languages ​​and tools.

The public token distribution event, in which 15% of FLR tokens were distributed to eligible XRP holders, took place on January 9, 2023, after the observing mode ended.

The remaining distribution will begin after a management vote on how to run the process. The project was founded in 2019 and aims to enable smart contract functionality for XRP and other assets.

According to various sources, Flare Network is currently the project’s CEO, CTO, and Chief Designer Hugo Philion, Sean Rowan, and Dr. It was founded by Naïri Usher.

Flare Network has several use cases that take advantage of interoperability, scalability, and data collection. Some of these can be listed as follows:

Enabling smart contract functionality for assets such as XRP, BTC, and LTC through the creation of fiduciary fiduciary assets called F-assets (such as FXRP, FBTC, and FLTC) that can be used in decentralized applications on Flare.

Providing decentralized and reliable data from other blockchains and the internet through the Flare Time Series Oracle (FTSO), which enables applications on Flare to access prices, events and other information without relying on central oracles.

Providing a scalable and secure platform for building decentralized applications using the Ethereum Virtual Machine (EVM) that supports a wide variety of programming languages ​​and tools.

*Not investment advice.