Flame Technologies is pleased to announce that it has launched a trading pair for its cryptocurrency Flame Token on Uniswap. The token is trading under the symbol XFL and can be swapped for USDC. The trading of Flame Token starts now in preparation of the launch of a Liquidity Provider Program where everyone will be rewarded for adding liquidity to the Uniswap USDC/XFL pool.
Flame Token is a utility token for the creator economy. It is built on top of the social media platform Sharesome to enable open, instant, and low-cost payments for goods & services on the platform. Sharesome is the first social discovery network for adult content creators and brands. Sharesome is designed to connect all stakeholders in the adult industry.
The platform has 1.6M monthly active users (MAU), 7,000 content creators, 500M monthly post views, and 1,200 active advertisers. Flame Token is thereby the first token for the adult industry that is already used by over 1M people to buy real utility.
The Flame Token (XFL) is a blockchain based token compatible with the ERC-20 standard of the Ethereum blockchain. Its maximum supply is 21 billion X FL.
Info on how to buy Flame Token can be found here:
More information about the Liquidity Program can be found here:
The Flame Token Whitepaper can be found here:
The Flame Token Economy Paper can be found here:
Robert Knapp, founder of Flame Technologies: „Social media has reshaped the way brands are being built and how they advertise. Today, everyone has the power to build a brand online, or even become a brand. This is called “the creator economy”, but adult content creators are banned from participating. Sharesome gives this power back to adult content creators, who generate billions of dollars in revenue every year. Flame Token is the first social media bound token that is being used to untap the $100 billion potential of the adult industry. I am happy to announce that, after several years of building and growing Sharesome, we can now finally launch XFL on the blockchain.”
About Flame Technologies AG
Flame Technologies is based in Zug, Switzerland. The company has built a team of world-class engineers, designers, researchers, blockchain specialists, marketers and financial experts who work together to bring the XFL token to the NSFW social media site Sharesome and beyond. The company has obtained a no-action letter from the Swiss Financial Market Supervisory Authority FINMA. FINMA has assessed the business model as compliant with applicable laws and stated that there are no financial market licensing requirements for the issuance of the Flame Token. This means that the legal requirements are in place for the XFL Token to go live as planned.
Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. There is no centralized party required to make trades. Prices are set automatically by smart contracts, and liquidity is provided by LPs (liquidity providers).
For more information, or to arrange an interview, please contact the following:
Flame Technologies AG
c/o Sielva Management AG