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What is Flare?

An astonishing 65% of the potential value tied to blockchain tokens remains unutilized by decentralized applications, but this situation is set for transformation. Introducing Flare, an innovative network that features the first Turing complete Federated Byzantine Agreement (FBA) system, crafted to be scalable without depending on a native token for security purposes. This groundbreaking architecture mitigates the dangers of safety loss that can arise from conflicting demands on a native token while ensuring smooth compatibility with the Ethereum Virtual Machine. With a strong base of developer expertise, Flare streamlines the integration for ongoing projects and offers minimal transaction fees, enabling applications to expand without burdening users with excessive costs. The native token, Flare (FLR), functions as collateral for the secure issuance of assets from non-Turing complete chains, starting with prominent currencies such as XRP, XLM, Litecoin, and Dogecoin. Moreover, it plays a crucial role in facilitating the Flare time series oracle, generating yield for securing the price mechanism on the network and engaging in governance activities. F-Assets are introduced to enable Turing complete smart contracts on each connected chain, allowing assets to be originated and settled back to their respective networks in a trustless manner, which significantly boosts both functionality and flexibility within the blockchain ecosystem. With these remarkable innovations, Flare is set to redefine the interaction between decentralized applications and blockchain tokens, creating a more dynamic and interconnected digital landscape. As the platform evolves, it will likely inspire further advancements in the field.

What is BitPolaris Custom Token Platform?

The Custom Token Platform provides a comprehensive management service for businesses and projects looking to create tokens on Ethereum, BNB Smart Chain (BSC), or TRON. BitPolaris manages the setup and deployment of a secure OpenZeppelin-based smart contract, which incorporates features such as minting, burning, pausing, supply limits, and transfer fees; it also ensures the contract's source code is verified on a blockchain explorer and transfers ownership to a secure multisignature wallet. For a fee of €4,900, clients receive a deployment and verification service for one network, along with token metadata, an issuance record, and support for exchange listings if they already have one. If the client does not have an exchange, BitPolaris will create a thorough listing package for other platforms. Moreover, clients can opt for additional features such as vesting and lock contracts, tailored distribution portals, token-specific websites, applications for listing tracking, tools for token holders, governance voting systems, cross-chain bridges, and automated buyback mechanisms. A rigorous independent audit is also available at an extra cost of €11,000, ensuring a meticulous evaluation of the token's integrity and security. This wide-ranging selection of services is designed to streamline the token issuance process while significantly improving the project's overall security and functionality. By offering such a diverse array of options, the platform aims to cater to the unique needs of each client, ultimately empowering them to successfully navigate the complex landscape of tokenization.

Media

Media

Integrations Supported

Ethereum
Blockdaemon
CryptoTax360°
DEX Screener
Ripple
Stellar
Topper

Integrations Supported

Ethereum
BNB Smart Chain (BSC)
Safe Wallet
TRON

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

€4,900/network
The standard package costs €4,900 per network. Optional add-ons are priced separately. An independent third-party audit is available for €11,000.

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
On-Prem

Customer Service / Support

Not specified

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Flare Network

Date Founded

2019

Company Location

United Kingdom

Company Website

flare.xyz/

Company Facts

Organization Name

KSA Global Danışmanlık

Date Founded

2016

Company Location

Turkey

Company Website

bitpolaris.com/products/custom-token-platform/

Categories and Features

Blockchain

Not specified

Smart Contract

Not specified

Categories and Features

Smart Contract

Not specified

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Popular Alternatives

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