Details

Last Funding Type

Series Unknown

Last Funding Money Raised

$11.30M

Industries

Blockchain

Founded date

Jan 1, 2019

Number Of Employee

11 - 50

Operating Status

Active

Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility.

> Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity.

> Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi.

> Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare.

> Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.