Flare Network Snapshot
Last night Flare took the, much talked about, snapshot of XRP holders that hold their XRP on specific Exchanges, hard wallets and Xumm, want to mention that specifically.
In a long time I have not felt that “high” within the Crypto Industry .... It was exciting. YouTubers streaming, Telegram had Channels overflowing, Twitter was full of messages regarding the Snapshot; it was ..... being alive.
Although the Snapshot moment has been discussed a lot, we saw multiple countdowns in the Social Media Landscape, it was uplifting, but still .....
SO MUCH AMBIGUITY ! ! !
I have seen a couple very smart people talk about the Flare network, I have listened to a couple YouTubers DRILL the whole process and even had the privilege to speak a little to Hugo Philion, CEO Flare Networks. I am not here to speak about the big network: everybody can find what it actually is on Google, YouTube and/ or the different Social Media:
A new blockchain network based on the Flare Consensus Protocol – the first Turing Complete Federated Byzantine Agreement protocol
Okay, we all understand what it is now ! ! !
Ehhhhhh ? ? ?
The Flare Network is a new decentralised network bringing full smart contract utility to the XRP ecosystem.
Now, that already says a little more. To bring it one step closer to easy understandable language:
Ripple’s Partnership with Flare Finance Can Unlock DeFi Opportunities for XRP.
So we have a couple important words, and that is where I am going to leave the explanation:
1. Ripplenet
2. Smart Contracts
3. DeFi
4. ALL THE MONEY ! ! !
There is so much that can be done using the Flare Network partnership, so this should not be underestimated.
So I am puzzled about a couple things.
BUT why are people selling before the snapshot is taken ! ! !
Can we please make sure we understand the timezones ... can we please check the right moment when the snapshot is taken. WHY selling before the snapshot is taken?
1. you want XRP price to fail ? ? ?
2. you want Flare Network to fail ? ? ?
3. you don't like XRP ? ? ?
4. you don't understand it ? ? ?
Sorry, people, XRP is too big to fail and Flare is backed up by many institutions, won't happen ... the failing ! ! ! You don't like XRP, well, that is your prerogative, but respect others to like it/ invest in it ! ! ! The crypto space has room for more winners, yours, whatever coin it is, will win, but XRP will too. Not understanding it is not the right reason; you can ask people, there are a lot of people out there, Smart Cookies, they will help ! ! !
Selling right after the Snapshot moment because you will get the Spark Token
Oh please ...... Would love to write RTFM, but I am not going to do that ..... oh wait, I just did.....
You've been snapshotted does NOT mean you will get the Spark Token. The Airdrop will be next year and is going to be spread over months and months. The first part will be distributed after the network has been launched and the remainder over the next months and months and months. Talking about 2 or 3 years, so if you did NOT read the manual, this will hit you hard.
Actually, if you give a warm heart to Ripple / XRP, you don't want to see it differently. If you would receive all Spark, more people, then what we saw yesterday, would sell their XRP, for just picking up a free present ...... what about the sun, out there being the only free thing in life .......... well, many things look free. they are NOT ! ! !
I hope you are not disappointed now as it may be a little less pink than you imagined ! ! ! It's still a great deal: Smart Contracts, DeFi, RIPPLENET, oh and ATM ..........
At The Moment ....... NO NO NO, it means: All the money! ! !
So ones again, last night, European timezone, I felt it again, the togetherness, having our moment again. It may not have been what you expected of it ...... but it felt good.
How did you feel ? ? ?
Oh eh ........ one more thing ..... also interesting to see, the DM's I received from some Twitter Users ..... Why don't I see the Spark Tokens in my account ....... hmm , what was that once again with a manual .......
STAY SAFE ! ! !
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