There has recently been a massive wave of interest and investments for crypto enthusiasts about XRP. About 5,000 accounts are already set up to claim the Spark token in just six days. The co-founder of Flare, Hugo Phillion, recently stated that 295,000,000 XRP was to receive Spark due to the huge response from crypto investors.
In his words, “…the XRP ecosystem response to Flare has been massive, more than 5,400 accounts holding a total of 295 million XRP have set up to claim the spark token in 6 days.
The Flare Network is a new turning complete smart contract platform… integrating the Ethereum Virtual Machine. Its native token, the Spark, is generated through a utility fork of XRP. Furthermore, Flare uses the XRP encryption scheme, which can facilitate the usage of XRPL and Flare for XRP users.”
In an August post on the Flare website, they gave detailed information on how XRP account holders can get Spark.
“If you self custody, the method of claiming the spark token is simply to set the message key field on your XRP Ledger address to your Flare address… if your XRP is held at a supporting exchange, they will handle the claim process and distribution for you.”
This move by Flare and Ripple is sure to interest more potential investors soon and probably boost the value of XRP in the coming weeks.
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