Someone using a domain name mimicking <a href="https://flare.xyz/" target="_blank" rel="nofollow noopener">Flare</a> is providing fake Spark (FLR) tokens, according to an official notification posted by Flare's staff on its main Twitter account.
<h2>Another Day, Another Scam: Fake FLR Tokens</h2>
<a href="https://www.cryptoknowmics.com/news/flare-network-uncovers-release-date-for-mainnet-launch/">Flare Networks</a>, the software team driving the creation of Flare, a much-anticipated EVM-compatible blockchain, issued a warning about a new fraud targeting its enthusiasts.

[embed]https://twitter.com/FlareNetworks/status/1433325136590118912[/embed]

Lobstr, a centralized Stellar-based wallet, is selling counterfeit Spark (FLR). Furthermore, FLR is not the only bogus token being provided by these con artists.

Flare Networks reiterates that, because the Flare blockchain has not yet been released on mainnet, its basic native asset FLR cannot be acquired.

Buying FLR IoUs is the only method to monetize interest in Flare's advancement right now. These assets are accessible on three main centralized exchanges: Bitrue, ZB.com, and Poloniex.
<h2>The Infrastructure of Flare (FLR) Is Growing Rapidly</h2>
Tim Rowley, a Flare fan and proprietor of FTSO.AU, Flare's "oracle provider," emphasizes that the price of FLR-based IoUs has nothing to do with the price of the "actual" FLR at launch.

As previously reported, Songbird (SGB), Flare's "canary network," would commence operations ahead of the mainnet launch of Flare (FLR).

Meanwhile, an increasing number of FLR representative services are welcoming clients. The Use Your Spark service revealed yesterday that it now supports price broadcasting for a wide range of trading pairings, including FLR and XRP tokens.
<h2>About The Flare Network</h2>
The Flare Network is the world's first Federated Byzantine Agreement (FBA) network that is Turing complete. 

FBA offers safety without depending on economic incentives, which might conflict with high-value, high-risk use-cases. 

To run Turing complete smart contracts, the Flare Network makes use of the Ethereum Virtual Machine (EVM).

Flare combines the value of non-Turing complete coins with the revolutionary potential of smart contracts on a network that can grow for both value and transaction throughput.

Scam Alert: Stellar-Based Wallet Offers Fake FLR Tokens

Another day, another cryptocurrency fraud campaign: avoid purchasing fake "FLR" tokens prior to the debut of the Flare (FLR) mainnet.

Kavya Barua is a voracious learner who is fascinated by crypto and Fintech advancements. Graduated from Janki Devi Memorial College's B.A (Hons) English program at the University of Delhi. She aspires to be a successful professional, having a keen interest in learning and achieving results.

Scam Alert: Stellar-Based Wallet Offers Fake FLR Tokens

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