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What is the spark airdrop?

The Spark airdrop occurred on June 25, 2018. 100,000,000 Spark tokens were distributed to XRP holders at a rate of 1 Spark token for every 1 XRP held. The airdrop was designed to spark interest and awareness in the Spark token and its associated project, Flare Networks.

What is spark Token airdrop (XRP)?

What is Spark Token Airdrop? The Spark token airdrop makes reference to the new Flare network that will operate closely with the XRP ledger. It is worth mentioning that the XRP Ledger and the Flare network are separate blockchains. Moreover, they have different use cases and characteristic.

What is the XRP airdrop?

This airdrop will distribute XRP tokens to all registered wallets that hold a minimum of 1 XRP. This airdrop is meant to incentivize XRP holders to use the Flare Network, which is a decentralized platform that uses the XRP token. The Flare Network is designed to be used for smart contracts and other decentralized applications.

How many XRP sparks will be airdropped to holders?

This means that with XRP having 45 billion, 45 billion out of a total of 100 billion Sparks will be airdropped to XRP holders — just under half of the tokens. The balance 55 billion Sparks will go to Flare Networks Limited and Flare Foundation.

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