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Coincheck announces schedule for receiving FLR tokens and granting rights to rights holders

by Kurt Ebenzer
12 January 2023
Coincheck announces schedule for receiving FLR tokens and granting rights to rights holders
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Coincheck FLR grant policy

Coincheck, which operates a crypto asset (virtual currency) exchange under the Monex Group, updated the announcement on the 12th of giving Flare Networks (FLR: formerly Spark) an airdrop.

[Notice regarding receipt and grant of Flare token (former Spark token)]
Coincheck is pleased to announce that we have received FLR tokens from the Flare Foundation token distribution event. Tokens will be granted to eligible customers on January 19, 2023 (planned). https://t.co/k7ulYVLj7q

— Coincheck (@coincheckjp) January 12, 2023

The granting of FLR tokens to users eligible for airdrops at coin check is scheduled to be implemented on January 19, 2011.

According to the token distribution event of the Flare Foundation held on January 9, 2023 (US time), according to the amount of XRP held in the snapshot for XRP holders as of 9:00 on December 12, 2020 (date and time of vesting) Report receipt of Flare token (formerly Spark token/FLR). It is assumed that everything is managed in a cold wallet.

At Coincheck, as part of the service provision cost for granting FLR tokens, 5.0% of the number of grants will be deducted as a fee.

At this token distribution event by the Flare Foundation, 15% of the total FLR token grant was given to the target.

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Kurt Ebenzer

Kurt Ebenzer

Kurt is an experienced writer with vast experience in documentation and interpretive math. His path to crypto journalism starts with Ourbitcoinnews and he hopes to shine new light in the noisy crypto media space.

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