Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$1.15
Market Cap:
$8.25K
All Time High:
99.92% $0.00
Oct 23, 2021
All Time Low:
110% $0.00
Mar 13, 2025
29.87 %(1Y)
$0.00000206
Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$1.15
Market Cap:
$8.25K
All Time High:
99.92% $0.00
Oct 23, 2021
All Time Low:
110% $0.00
Mar 13, 2025
Flare Token (1FLR) is a cryptocurrency launched in 2021. The asset functions as a decentralized gaming and NFT token, native to the Polygon ecosystem.
The token underpins the PipeFlare platform, a gaming and NFT hub built to reorient digital rewards away from centralized intermediaries. It serves as the native currency for purchasing in-game items, power-ups, memberships, and NFTs. Independent game developers also integrate 1FLR as a programmable reward layer for player engagement, bypassing traditional app-store fee structures.
1FLR operates on the Polygon network, an Ethereum-anchored proof-of-stake sidechain. This architecture inherits Ethereum Virtual Machine compatibility while sustaining the high throughput and negligible transaction costs necessary for rapid microtransactions inside games. Its smart contract, openly verifiable on polygonscan, anchors the supply logic immutably to the chain.
The token conforms to standard EVM-based token conventions on Polygon’s proof-of-stake sidechain, which means any MATIC Mainnet-accessible wallet—MetaMask, Trust Wallet, and countless others—can custody it without proprietary software. Low block times and near-zero gas fees allow instantaneous settlement of in-game asset transfers and NFT mints. The codebase, published under the 1FLR Contract repository, has attracted a modest but consistent developer footprint with fourteen GitHub stars.
The project originated from an anonymous PipeFlare community member who envisioned a playful, bottom-up rewards mechanism for gamers. 1FLR formally partnered with PipeFlare in 2021, synchronizing its tokenomics with the platform’s game distribution pipes at a moment when play-to-earn narratives were accelerating. The token went live on September 11, 2021, and immediately positioned itself as a lightweight settlement layer for casual and indie gaming economies.
Its underlying thesis targets a structural realignment: strip away platform gatekeepers and let developer-to-player value transfers occur directly on a transparent ledger. Rather than funnelling engagement through app stores that extract steep commissions, 1FLR encodes a circular incentive model where player activity translates into provably scarce digital objects. This logic rejects centralized rent-seeking and treats game sessions as economic events that can be settled peer-to-peer.
Inside the PipeFlare catalogue, 1FLR operates as the exclusive settlement unit. Every power-up unlock, limited edition NFT purchase, or premium membership remits in 1FLR, with the on-chain record acting as the ultimate arbiter of ownership. Beyond PipeFlare’s borders, the token functions as a permissionless rewards engine: any independent title can hardcode 1FLR distribution into gameplay loops without negotiating API access or sign-off from a central entity.
Gamers accumulate and spend 1FLR to access rare NFT drops and premium game features that remain gated behind token-denominated thresholds. Smaller studios embed the currency into their achievement systems, programmatically distributing micro-rewards when players hit specific score thresholds or complete in-game quests. This systematic utility design keeps the token circulating actively inside and outside the primary platform.
Flare Token has a maximum supply of 4,000,000,000 tokens. Currently, 4,000,000,000 are in circulation. With a market capitalization of $10,096.64, Flare Token (1FLR) ranks #9,849 among all cryptocurrencies.
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