Thursday, March 23, 2023
Bitcoin - Altcoin News
No Result
View All Result
  • Login
No Result
View All Result
Bitcoin News
No Result
View All Result
Home News flare

Flare Airdrop: Ripple CTO Claims That You Lose Nothing If You Sell Now

news by news
January 12, 2023
in flare, News, Ripple, ripple (XRP)
0
Flare Airdrop: Ripple CTO Claims That You Lose Nothing If You Sell Now
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Breaking: Terra CEO Do Kwon Arrested In Montenegro Airport

Breaking: SEC Chair Gary Gensler To Appear Before US House Committee

Ripple CTO XRP news flare airdrop

Flare Airdrop News: The much anticipated Flare network token airdrop for Ripple’s native crypto, XRP holders finally happened after major digital asset exchanges support. However, Ripple’s CTO seems that he is not liking the airdrop distribution.

Ripple CTO not liking Flare Airdrop

David Schwartz, Ripple CTO in a tweet highlighted that the current Flare holding rules have left no incentive. While he promoted selling off their Flare tokens now. However, he stated that holders will lose nothing if they sell now.

He added that it’s true that they won’t get the subsequent airdrops. A receiver would get 100% of their value when they decide to sell their Flare since the buyer can easily wrap that Flare and get the airdrop.

However, Ripple CTO found it a very strange decision. He stated that there is only one way, to sum this up the network didn’t want to keep its commitment and just wanted to distribute just 15% of all it was promised.

Ripple CTO stated that he feel bad as he loved this project and wished the best for but in his honest opinion that Flare has leveraged the XRP community to develop. However, the network weakened its promises when it felt like not needing to anymore.

Schwartz highlighted that they state that XRP evolved and didn’t keep some promises which were made in the early days.

The post Flare Airdrop: Ripple CTO Claims That You Lose Nothing If You Sell Now appeared first on CoinGape.

Related Posts

Breaking: Terra CEO Do Kwon Arrested In Montenegro Airport
Altcoin News

Breaking: Terra CEO Do Kwon Arrested In Montenegro Airport

March 23, 2023
Breaking: SEC Chair Gary Gensler To Appear Before US House Committee
24/7 Cryptocurrency News

Breaking: SEC Chair Gary Gensler To Appear Before US House Committee

March 23, 2023
Breaking: Jack Dorsey’s Block (SQ) Crashes 20% As Hindenburg Report Accuses Of Fraud
24/7 Cryptocurrency News

Breaking: Jack Dorsey’s Block (SQ) Crashes 20% As Hindenburg Report Accuses Of Fraud

March 23, 2023
Breaking: Hindenburg Research Exposes Jack Dorsey’s Block Inc
24/7 Cryptocurrency News

Breaking: Hindenburg Research Exposes Jack Dorsey’s Block Inc

March 23, 2023
Coinbase CEO Brian Armstrong, CLO Grewal Sold COIN Stocks Ahead Of US SEC Action
24/7 Cryptocurrency News

Coinbase CEO Brian Armstrong, CLO Grewal Sold COIN Stocks Ahead Of US SEC Action

March 23, 2023
Crypto Insider: Another 270% Bitcoin Price Rally Possible in 2023 With New ATH
24/7 Cryptocurrency News

Crypto Insider: Another 270% Bitcoin Price Rally Possible in 2023 With New ATH

March 23, 2023
Next Post
US CPI Estimates By Wall Street And Crypto Analyst Who Predicted Bitcoin $18K

US CPI Estimates By Wall Street And Crypto Analyst Who Predicted Bitcoin $18K

POPULAR NEWS

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

December 7, 2022
Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

December 7, 2022
Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

December 17, 2022
Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

December 7, 2022
Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

February 28, 2023

EDITOR'S PICK

Bitcoin Price Prediction: Is $19K Still Possible Or BTC To Fall Below $15K?

Bitcoin Price Prediction: Is $19K Still Possible Or BTC To Fall Below $15K?

December 17, 2022
Crypto News Live Updates 15 Feb: Cryptocurrencies are soaring in prices after Fed’s announcement!

Crypto News Live Updates 15 Feb: Cryptocurrencies are soaring in prices after Fed’s announcement!

February 15, 2023
Circle (USDC) CEO Talks ‘Anxiety’ About US Crypto Regulation

Circle (USDC) CEO Talks ‘Anxiety’ About US Crypto Regulation

February 24, 2023
MATIC Price To Fall After 20% Surge? On-Chain Data Suggest This

MATIC Price To Fall After 20% Surge? On-Chain Data Suggest This

January 28, 2023
Bitcoin - Altcoin News

© 2022 coingger.com

Navigate Site

  • Europe
  • Exchange
  • Elon Musk
  • ETH Price
  • crypto Tax U.S.
  • CZ
  • Crypto Miners
  • BTC Price
  • ChatGPT
  • China crypto
  • Coingecko
  • Binance Smart Chain
  • Bitcoin $100K
  • Airdrop

Follow Us

No Result
View All Result
  • Homepages
    • Home Page 1

© 2022 coingger.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In