Unlocking Value

~ 75% of The Value of Blockchain Tokens is Inaccessible to Decentralised Applications.

That changes now. Starting with XRP.

Introducing Flare

The world's first Turing complete FBA network

  • Scalable and doesn’t base safety on a native token.
    • No risk of safety degradation from competing uses of native token.
  • Integrates Ethereum Virtual Machine.
    • Deep pool of developer talent and easier integration of existing projects.
  • Low transaction costs.
    • Applications can scale without users incurring burdensome costs.

Spark

Flare’s native token

  • Collateral for the trustless issuance of assets from non-Turing complete chains.
    • Starting with XRP
  • Contributes to the Flare time series oracle & network governance.
    • Spark ownership secures, improves and guides the network.
  • Created by a utility fork of XRP.
    • Directly increasing utility of XRP and XRPL. No ICO. No competing interests.

FXRP

Bringing Turing complete smart contracts to XRP

  • Trustlessly originated from and settled back to XRPL.
    • Avoids centralisation and basis risks associated with synthetics.
  • Collateralized by the Spark token.
    • Bootstrapped by and benefiting the XRP community.
  • Used with smart contracts on Flare.
    • Supercharge the usage and utility of the XRP and ILP ecosystems.
  • Can feasibly be safely pipelined to other smart contract networks such as Ethereum.
    • Potential to use XRP with real DeFi projects such as Uniswap, Maker etc.

Coston Testnet
The stepping stone to Flare.