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Has anyone received the 15% of their flares in their nano ledger?


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35 minutes ago, MrrXRP said:

Has anyone received their flares in their nano ledger yet? 

Some exchanges are allowing their customers to trade, what I refer to as "Spark IOUs". Think of it like a loan in some respect. These exchanges are allowing those individuals who are claiming their Spark tokens via their platform to trade using Spark IOUs. They (exchanges) can do this because they already know what percentage of Spark tokens each XRP account on their platform will receive. There's no Spark IOUs for those who decided to self-custody via a hard-wallet. You will have to wait until the network is actually launched in Q1 or Q2 of this year when the initial 15% or 20% token distribution takes place.

Edited by King34Maine
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21 minutes ago, King34Maine said:

Some exchanges are allowing their customers to trade, what I refer to as "Spark IOUs". Think of it like a loan in some respect. These exchanges are allowing those individuals who are claiming their Spark tokens via their platform to trade using Spark IOUs. They (exchanges) can do this because they already know what percentage of Spark tokens each XRP account on their platform will receive. There's no Spark IOUs for those who decided to self-custody via a hard-wallet. You will have to wait until the network is actually launched in Q1 or Q2 of this year when the initial 15% or 20% token distribution takes place.

Thanks, I appreciate your response

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Side-note, there's no way Flare planned their 15% initial + 3% /per month release schedule without knowing for sure that XRP would still be around and kicking. It's going to take 2-3 years to fully release all the Spark tokens, clearly they're looking ahead long term.

Reassurance for anyone overcome with FUD from recent situations.

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The tortoise step. Need speedy action for airdrop.  Better airdrop all SPARK at once than Partial aidrop. 

Flare's airdrop schedule is a chicken-hearted strategy !!!  From the begining flooding the coin market with SPARK is recommendable for occupying DeFi market. I do not like dribbling out when airdropping 

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13 hours ago, jetbrzzz said:

Side-note, there's no way Flare planned their 15% initial + 3% /per month release schedule without knowing for sure that XRP would still be around and kicking. It's going to take 2-3 years to fully release all the Spark tokens, clearly they're looking ahead long term.

Reassurance for anyone overcome with FUD from recent situations.

Even the latest investor of Ripple didn't knew about what was going on behind the scenes (that's why they're suing). So if you think Flare was in the know ... This proves nothing.

Edited by SquaryBone
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