Name : Flare (FLR)
FLR Price : $0.01300 -2.29%
Consensus Mechanism : ERC-20
Volume: 6,512,691
Market Cap: 1,020,157,335
Shariah Judgement
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Shariah Status :
Last Screening: Q2 2024
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Overview
Flare is a layer 1, EVM smart contract platform designed to expand blockchain utility, positioning itself as the blockchain for data. Its core mission revolves around democratizing data access, ensuring it's not controlled by centralized entities and is available to all. Infrastructure providers, doubling as validators and data providers, facilitate two native oracles, the FTSO and the State Connector. This setup grants developers on Flare efficient access to vast data sets and proofs at minimal cost, enabling them to build software on the platform. By providing trustless access to a wide range of data, Flare aims to advance blockchain use cases across various sectors, including DeFi, gaming, NFTs, music, social networks, Real World Assets (RWAs), Machine Learning (ML), and Artificial Intelligence (AI).
Whitepaper & Documents
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