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      Flare FLR
      $0.02373 1.59%
      OG Score 46.78
      Reviews 5

      Flare FLR Price

      $0.02373 1.59%
      Low All Time High
      $0.00827405 $0.150073

      Introduction

      Flare offers native interoperability, decentralized data access, and EVM compatibility, streamlining blockchain development. More

      OG Score 46.78
      Reviews 5
      Market Cap $1.70B
      Market Cap Rank # 79

      Token Stats

      Fully Diluted Valuation $2.46B
      24H Trading Volume $16.48M
      24H Low / High $0.02 / $ 0.02
      Circulating Supply 71.56 B
      Total Supply 103.76 B
      Max Supply 0.00

      Info

      Categories DWF Labs Portfolio 2 more
      Founder Hugo Philion 1 more
      Website flare.network 1 more
      Socials 4 more
      Chains Flare Ecosystem
      Explorer Flare 2 more

      FLR/USD Price Chart

      24h 7d 1m All

      OG Evaluation

      OG Score

      OG Score Rank #264
      Reviews 5
      Gem Score 14.32

      OGAudit Coin Evaluation Metrics

      Innovation 51 .88
      Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
      Security 44 .68
      Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
      Community 41 .40
      Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
      Tokenomics 38 .42
      Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
      Team 55 .98
      Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
      Roadmap 46 .86
      Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

      Flare $flr User Reviews

      What Crypto OGs are Saying About Flare

      $flr Markets

      Name Pair OG Score

      About Flare $flr

      What is Flare (FLR)?

      Flare emerges as a groundbreaking Layer 1 blockchain, drawing attention for its inherent data acquisition capabilities and interoperability. Rooted in the Ethereum Virtual Machine (EVM), Flare introduces developers to a realm of possibilities through two pivotal protocols: the Flare Time Series Oracle (FTSO) and the State Connector.

      At its core, Flare empowers decentralized applications (dApps) with access to reliable, decentralized data without reliance on centralized entities. The FTSO acts as a robust source, delivering decentralized prices and data series to dApps seamlessly, ensuring a high degree of decentralization without compromising accuracy. Simultaneously, the State Connector enables Flare to securely retrieve and authenticate external information, expanding its scope to encompass data from diverse blockchains and Web2 APIs.

      What sets Flare apart is its native approach to interoperability. Rather than depending on third-party solutions, Flare’s protocols are woven into the network's fabric, offering developers unprecedented access to high-integrity data. This unique positioning minimizes risks for users and developers alike, bolstering the credibility and applicability of blockchain technology.

      The beauty of Flare lies in its simplicity for developers. Leveraging the familiarity of the EVM and Solidity, it enables the deployment of existing or envisioned EVM dApps seamlessly. With Flare’s scalable EVM, the ecosystem flourishes, promising fast, secure transactions with minimal gas fees and a reduced carbon footprint.

      As programming languages go, Flare's utilization of the Ethereum Virtual Machine (EVM) and compatibility with Solidity allows developers to seamlessly transition existing applications to the Flare network, tapping into its unparalleled data acquisition capabilities while ensuring a smooth and familiar development experience.

      What is unique about Flare (FLR)?

      Flare stands out for its native interoperability and data acquisition abilities. It offers decentralized data access, EVM compatibility, and integral protocols fostering decentralized applications.

      Who are the founders of Flare (FLR)?

      Flare Network was founded by Hugo Philion and Sean Rowan, pivotal in conceptualizing and developing the network.

      Who are the backers/investors of Flare (FLR)?

      Flare has garnered support from various investors including Kenetic Capital, Digital Currency Group (DCG), LD Capital, CoinFund, Genesis, Borderless Capital, Xpring Capital, Wave Financial, New Form Capital, cFund, KineticCapital, Backend Capital and others interested in its innovative blockchain approach.

      What is the consensus mechanism of Flare (FLR)?

      Flare operates on a Federated Byzantine Agreement (FBA) consensus mechanism, enabling decentralized validation without energy-intensive mining.

      Where can I buy Flare (FLR)?

      You can buy Flare (FLR) on Gate.io, MEXC, Bybit, OKX, Coinbase cryptocurrency exchanges.

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