Is the road to flare's airdrop in its home stretch?

The road to Flare’s much-anticipated airdrop to XRP holders is in its home stretch, according to the company’s chief executive. Hugo Philion, CEO and co-founder of Flare, says on Twitter the company is working to upgrade their Songbird network before the airdrop of Spark (FLR) tokens. “For all those asking where their FLR is.

What is flame XRP airdrop?

Flare is airdropping a total pool of 45 Billion SPARK tokens to eligible XRP holders. Users who held XRP in a private wallet or in an exchange that has announced support for the airdrop. The snapshot was taken at the first validated XRP ledger index number with a timestamp greater than or equal to 00:00 GMT on 12th December 2020.

How do airdrops work?

Airdrops are generally promoted on the company's website, social media, and cryptocurrency forums. Coins or tokens are sent only to specific wallets based on the blockchain network or coins held in existing wallets. To qualify for the free gift, a recipient may need to hold a minimum quantity of the crypto coins in their wallet.

How do FTX airdrop tokens work?

FTX exchange holders will either receive the airdrop tokens directly or the USD equivalent of the airdrop tokens. If you had XRP in self custody (private wallet), then it will be delivered by a set of smart contracts operating on the Flare network either at launch or as soon as the network registers your claim from reading the XRPL.