Crypto investors have registered more than a billion XRP to receive free Spark governance tokens from the crypto startup Flare.
Flare, a Ripple partner, says they will give out one free Spark governance token for every XRP held in a registered and eligible account when the startup takes a “snapshot” on December 12th. The account holders will not have to give up their XRP to receive the new tokens.
Nearly 20,000 accounts are now set up to receive Spark, with 1.11 billion XRP allocated in total, according to xrplorer.com. The largest XRP Ledger account currently holds about 168 million XRP.
A little @FlareNetworks Spark token update.
– 19,977 accounts have set message key
– The accounts currently have a balance of ~1,110,000,000 XRP
– The largest XRPL account has a balance of ~168M XRP followed by ~24M and ~13M
— xrplorer.com (@xrplorer) September 14, 2020
Flare is bringing smart contracts to the XRP ecosystem.