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Author Topic: Flare network is getting a Spark token airdrop to LTC holders.  (Read 166 times)
DIA7 (OP)
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January 23, 2021, 12:16:12 AM
 #1

Flare network did an airdrop for XRP about 40 days ago and the XRP price seen it value double then it got down when The SEC dropped on them.

And now we will see Flare Network going to be integrated with Flare Litecoin. In Q2 of 2021, the main network of the Flare Network is expected to become active lead to the integration of Flare Networks into Litecoin this integration will going to get LTC smart contacts with Ethereum using Defi Services . It's expected tge airdrop to offer 1 LTC : 75 FLR  and integration date is yet to be confirmed.

we will see a surge in LTC price like XRP
i hope so and do you think Bitcoin will be the next target to Flare Network?
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January 23, 2021, 12:21:16 AM
 #2

Ripple seems no chance to recover after the issue with SEC.
Even you will check the current chart of XRP, no sign for bouncing.
Speaking of the Flare network before for XRP holders, I think it was all coincidence? Some people who are XRP holders will likely to switch to Flare network?
Remember that XLM/Stellar is also an airdrop from XRP holders before, shitcoin is continue to create shitcoin to another, and now, they start to integrate with Litecoin which is a forked of Bitcoin. I don't think Flare will target Bitcoin next.

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DIA7 (OP)
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January 23, 2021, 01:34:05 AM
 #3

Is there an article about the information you provide? because I just found out that holding Litecoin will get an airdrop from the flare network, if this is true. You should buy Litecoin as soon as possible because the price will definitely increase if most people know this information
this is the screenshot from Flare twitter account

And I seen it from this article when I was browsing coinmarketcap https://u.today/heres-how-litecoin-ltc-holders-can-receive-spark-flr-rewards-all-we-know.
And I don’t think I will go and trade all my holding in my portfolio to Litecoin I already have some and maybe get little bit more it's true Litecoin is a fork from bitcoin but it has a good value that's stable and faster lower fees in trx then Bitcoin so it's ideal for paper transactions.
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January 23, 2021, 02:00:02 AM
 #4

Thank you so much for this info but it looks like flare developer has seen if ripple has no future at all.

I do believe the developer has abandoned spark token that already distributed to the ripple holders https://coinmarketcap.com/currencies/spark-flare/

There's no news about this and it seems like it has not yet trader anywhere. It could be a trick from the developers to catch the demand again. The next bitcoin fork coin scheme.

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January 23, 2021, 03:22:17 AM
 #5

That’s right, Flare Networks will integrate Litecoin ahead of the launch of the Flare network in Q2. Bring decentralized finance and smart
contracts to cryptocurrency platforms. The ripple-backed startup said it would send Flare’s Spark (FLR) tokens to Litecoin (LTC)  holders
ahead of the Q2 launch. They will also send FLR tokens to XRP holders in the first half of 2021.

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January 23, 2021, 03:59:30 AM
 #6

we will see later in Q2, whether there will be a repeat or not. last December XRP was up more than 100% thanks to this airdrop. and in Q2 Litecoin will do the same. I myself don't really care about this, because they haven't set an exact date, when the shapshot will take place. So until it gets announced there will be a lot of speculation going around, and maybe people will FOMO. buying litecoin now is not a good choice, after all the price of LTC is quite high. so better wait until there is more information.
DIA7 (OP)
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January 23, 2021, 02:43:14 PM
 #7

here we go again....
time to hold LTC, but we don't know which exchange will support this airdrop. I hope this is the same as yesterday's XRP. and when the Flare network announces the date, I'm sure Litecoin will start to pump. Maybe this will be a big reason for Litecoin to break ATH. I can't wait for Q2.
yeah most likely the profit of holding Litecoin is going to worth much better then airdrop itself it going to be tough breaking ATH 358$ is is more then a double of LTC current price. Unless it's going to happen with a market Bullrun.
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January 23, 2021, 05:51:18 PM
 #8

Who doesn't want free money, I do. I believe this will pump the price fo Litecoin but it is likely Litecoin won't enjoy the kind of rise XRP had then. I don't know why the team decided to airdrop this to Litecoin holders but I feel they are looking for acceptance from Bitcoin community I made be wrong here because Litecoin and Bitcoin community seems to align on major issues


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January 23, 2021, 06:02:07 PM
 #9

How to claim them? I'm holding some LTC in the electrum wallet. Can I use this to claim the airdrop?
What did it mean by integration with Ethereum? Is spark a kind of parachain like available in the Polkadot platform? What's the benefit are we supposed to get? Please share me some links if anyone have.

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January 23, 2021, 07:52:03 PM
 #10

How to claim them? I'm holding some LTC in the electrum wallet. Can I use this to claim the airdrop?
What did it mean by integration with Ethereum? Is spark a kind of parachain like available in the Polkadot platform? What's the benefit are we supposed to get? Please share me some links if anyone have.
claiming this token should be not so different then XRP airdrop that flare network did, just hold your LTC in a wallet or an exchange (some exchanges could be not promoting this airdrop so make sure you locate them to one that supports it) and for what i understood from the integration is that Flare network will transform LTC to F-asset by exchanging LTC in addition to Spark as collateral those LTC F-asset could be used now for smart contacts.
This video can be more clarifying then me https://youtu.be/SiaZYJjBTP8
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September 02, 2021, 04:39:54 PM
 #11

The Flare team made an announcement on Twitter that someone using a domain name posing as Flare is offering Spark tokens (FLR). Flare Networks repeats that, since the Flare blockchain has not yet been launched in the mainnet, its main proprietary FLR asset cannot be purchased in any way.


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