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Author Topic: Great news for XRP coin holders?  (Read 1089 times)
rinkidas14 (OP)
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November 13, 2020, 11:33:47 AM
 #1

Yes my dear friends flare network will Airdrop spark token to all XRP holder. The snapshot date is 12 December in 2020.
In its latest update, Flare Finance announced that it will be launching six DeFi products as an all-in-one solution for investing. Thus, it will bring the higher utility of FLR tokens and XRP to the DeFi markets.

XRP holder follow the step for eligible airdrop: https://flare.wietse.com/

 The supporting exchange for aridrop: https://flare.xyz/supporting-exchanges/
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November 13, 2020, 12:45:59 PM
 #2

Yes my dear friends flare network will Airdrop spark token to all XRP holder. The snapshot date is 12 December in 2020.
In its latest update, Flare Finance announced that it will be launching six DeFi products as an all-in-one solution for investing. Thus, it will bring the higher utility of FLR tokens and XRP to the DeFi markets.

XRP holder follow the step for eligible airdrop: https://flare.wietse.com/

 The supporting exchange for aridrop: https://flare.xyz/supporting-exchanges/


It doesn't seem a strong airdrop. Let's see how it goes!
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November 13, 2020, 01:20:50 PM
 #3

Only a few exchange sites that have announced if they will be supporting the flare fork. This is another altcoin that was only combining the tech that already made by some old projects.
I will not put a big speculation about this coin but this could become a free money to all of XRP holders. Just glad to see the ripple foundation will not get it as the foundation is the the dumper.

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November 13, 2020, 01:38:40 PM
 #4

So what is this Flare token and what is the current value of each one? I cannot search yet this project on Coingecko, Is this a new project using the XRP chain? If yes its the first project I know in defi that use XRP most from eth and tron only.

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November 13, 2020, 02:01:23 PM
 #5

i don't even see any information regarding the spark tokens that will be airdropped to xrp holders, the warning says the token is not out yet and thats it, i wonder why the @op see this as a great news, or he just want to create some hype around xrp to get people buying and thinking some worthy airdrop is coming their way.

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November 13, 2020, 02:06:34 PM
 #6

It seemed something very confusing. I would be waiting for where the airdrop would go
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November 13, 2020, 02:12:09 PM
 #7

So what is this Flare token and what is the current value of each one? I cannot search yet this project on Coingecko, Is this a new project using the XRP chain? If yes its the first project I know in defi that use XRP most from eth and tron only.
It's a fork of XRP which will be using the combination tech between XRP ethereum and avalanche

You can also read some articles about this airdrop

https://cryptocomes.com/news/xrp-fork-flare-team-considers-spark-airdrop-on-top-tier-exchanges-see-list

It will have the same supply as XRP. flare has published an article regarding the tokenomic detail. What you need to do to visit some news site and you will find more about what's flare



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November 13, 2020, 02:25:17 PM
 #8

Looking at the project, it has a lot of work to do to make it successful, the information around the project is scanty, the supporting exchange list seems all the big exchanges do not want to touch it for now, things made change before the snapshot but if they can get Binance onboard then I think the mean business


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November 13, 2020, 02:41:59 PM
 #9

If you are a XRP holder, you wont need to spend your time in this airdrop.

I have spent some time on the website and I still dont understand anything. Are XRPL same as XRP? Why do we have to provide ETH address for the airdrop? It confuses me slightly. Well, I guess I need more research for this issue
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November 13, 2020, 02:43:49 PM
 #10

Yes my dear friends flare network will Airdrop spark token to all XRP holder. The snapshot date is 12 December in 2020.
In its latest update, Flare Finance announced that it will be launching six DeFi products as an all-in-one solution for investing. Thus, it will bring the higher utility of FLR tokens and XRP to the DeFi markets.

XRP holder follow the step for eligible airdrop: https://flare.wietse.com/

 The supporting exchange for aridrop: https://flare.xyz/supporting-exchanges/


thanks for the information and this is a good news for XRP coin holders, but hopefully the airdrop obtained from XRP has a price, so that it will make XRP investors able to earn income and not be disappointed, because currently a lot of coin obtained from airdrop has no price and of course it will be disappointing.

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November 13, 2020, 02:58:03 PM
 #11

Not a great one mate, this technology has been in used and nothing new with this fork but for those with the ripple tokens don't expect anything good from the project. The supply of this token is bad as ripple, so, why see it great mate?, shitcoin indeed.

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November 13, 2020, 03:08:01 PM
 #12

This is nothing but just ordinary airdrop inform of incentive for Xrp holders. It's a way to make  some penny and not really significant adoption.
Until XRP team take the bull by the horn otherwise institutional investors wouldn't see them as true and real gem like others when compared to Cadano. Despite their fall since 2017,they have managed to upgrade their network with many development and price is better. I don't know why ripple is finding it difficult to do the same.
They can shill the hell out of the community, it happened on all projects. I have seen it work for tezos and Chain link but perhaps the trust isn't longer remaining in their community.
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November 13, 2020, 03:10:30 PM
 #13

great news, but not necessarily going to make XRP prices go monthly,
as major exchanges like Bithumb, Binance, Bittrex or Bitfinex still haven't announced this airdrop of XRP.
What do you think? is it worth buying?

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November 13, 2020, 04:15:54 PM
 #14

Airdrops are just a form of promotion, if the Airdrop has no value, it will not help much for XRP owners because I believe that the value comes from creation or strengthening. rather than airdrop programs. Look at NEO, they have some airdrop programs and the value of the project is still decreasing in 2018.
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November 13, 2020, 04:23:35 PM
 #15

Airdrops are just a form of promotion, if the Airdrop has no value, it will not help much for XRP owners because I believe that the value comes from creation or strengthening. rather than airdrop programs. Look at NEO, they have some airdrop programs and the value of the project is still decreasing in 2018.
I got your point mate, flare just use XRP as a way to promote its airdrop. The XRP holders will get flare tokens and they will trade this token in the market. This is the same scenario as bitcoin fork coin.
It may become free money for all XRP users but i do believe if this forked coin from XRP will not be last long.
The team who will be issuing this fork coin know that how to attract massive demand instantly by creating an airdrop for the major coin users.
This will bring instant demand for the token.

The story of fork coin will be repeating again.

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November 13, 2020, 04:51:14 PM
 #16

great news, but not necessarily going to make XRP prices go monthly,
as major exchanges like Bithumb, Binance, Bittrex or Bitfinex still haven't announced this airdrop of XRP.
What do you think? is it worth buying?

I visit the link above why they are using ethereum platform for these free coins , if they use eth why they include xrp snapshot instead of eth?

And those listed exchange that support is not so known Ill never heard that exchange before.
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November 13, 2020, 08:39:33 PM
 #17

Let's be-careful and not give our asset to unpopular exchange, let well known exchanges declare support for this or possibly non-custodian wallets. I last held XRP in 2018. I am happy I stay off XRP, it has not been profitable.

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November 13, 2020, 08:44:02 PM
 #18

Yes my dear friends flare network will Airdrop spark token to all XRP holder. The snapshot date is 12 December in 2020.
In its latest update, Flare Finance announced that it will be launching six DeFi products as an all-in-one solution for investing. Thus, it will bring the higher utility of FLR tokens and XRP to the DeFi markets.

XRP holder follow the step for eligible airdrop: https://flare.wietse.com/

 The supporting exchange for aridrop: https://flare.xyz/supporting-exchanges/

Why they are going to share free spark tokens with xrp holders and not with eth or btc holders? Maybe they are sister company of ripple or they have partnership deal with ripple? I do not have details but it can be good for xrp community and supporters.

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November 13, 2020, 08:55:38 PM
 #19

Let's see if there will be more participating exchanges.

If there is, it might create a hype that something good will happen. But hype doesn't have real support so play at your own risk.

Take the risk or not, up to people to decide on how they looked at the situation.
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November 13, 2020, 08:59:18 PM
 #20

Is this an official airdrop for XRP holders?

I don't trust the link that was given and although there's no need for an official announcement from Ripple, should you not believe such claims about the airdrop folks. The domain of the supporting exchange seems to be an easy domain, which is common for .xyz domains.

If you are a XRP holder, you wont need to spend your time in this airdrop.

I have spent some time on the website and I still dont understand anything. Are XRPL same as XRP? Why do we have to provide ETH address for the airdrop? It confuses me slightly. Well, I guess I need more research for this issue
Might be the airdrop token is made on ETH's smart contract.

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