Flare Successfully Completes Long-Awaited Token Airdrop, Debuts Layer 1 Oracle Network.
12 Jan 2023, 08:00
Flare Successfully Completes Long-Awaited Token Airdrop, Debuts Layer 1 Oracle Network
Flare, a Layer 1 oracle network, is excited to announce the success of its long-awaited token airdrop that took place on January 9, 2023, at 11:59 pm UTC.
As per the announcement, the airdrop distributed 4.279 billion Flare (FLR) tokens to millions of recipients. The event is one of the largest-scale crypto distributions that included users on exchanges like OKX, Binance, UpBit, Kraken, Bithumb, BitBank, Kucoin, and more.
Notably, the airdrop is a significant milestone for the Flare ecosystem. Developers can now take advantage of Flare’s EVM and native data acquisition protocols, namely, Flare Time Series Oracle and the State Connector. Both protocols are secured by the network and are designed to provide decentralized access to high-integrity data from other blockchains and the internet. This enables the creation of new cases and monetization models.