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      Flare FLR Logo
      Flare FLR
      $0.02288 1.77%
      OG Score 46.31
      Reviews 3
      Flare FLR Logo

      Flare FLR Price

      $0.02288 1.77%
      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 46.31
      Reviews 3
      Market Cap $1.65B
      Market Cap Rank # 78

      Token Stats

      Fully Diluted Valuation $2.38B
      24H Trading Volume $6.10M
      24H Low / High $0.02 / $ 0.02
      Circulating Supply 71.92 B
      Total Supply 103.82 B
      Max Supply ∞

      Info

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

      FLR/USD Price Chart

      24h 7d 1m All

      How do you feel about Flare today?

      The community is sharing their sentiment about Flare ($FLR) today.

      Based on 156 community votes

      OG Evaluation

      OG Score

      OG Score Rank #267
      Reviews 3
      Gem Score 17.37

      OGAudit Coin Evaluation Metrics

      Innovation 52 .13
      Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
      Security 42 .10
      Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
      Community 36 .07
      Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
      Tokenomics 35 .00
      Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
      Team 58 .47
      Team Evaluates the experience,credibility of the founding and development team.
      Roadmap 50 .77
      Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

      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 OKX, Gate.ioBybitMEXCCoinbase cryptocurrency exchanges.

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