Flag Network

🎉We would like to announce our plan to unlock the remaining amount of tokens from IDO
🔓Unlocked amount: 100% of the tokens
⌛️Unlock time: 18:00 UTC April 3
✔️Tokens from the Airdrop will be unlocked after 4 weeks. Airdrop is still in the process of review and distribution, it can take up to 1 month to complete (we need strict control to ensure the recovery of FLAG's price)

Maybe after unlocking, there will be a big fluctuation in price. This year, we are in the process of working to create value for the community and restore the value. The development plan will be announced at the earliest.

———————————————————-

Note: We are receiving a lot of reports on 3 social media platforms: Twitter, Facebook, Coinmarketcap. These social networks are very important in promoting project development, as well as reaching new investors in the future. Contribute to bring the project to the goal we set.

That's why support us, This is a problem on our part, and it's our responsibility to fix it.

🎉We are pleased to announce that our page has now been restored.

✔️https://www.facebook.com/Flag-Network-105491488596621

📍All articles and announcements are kept intact.
We will continue to update the information here to make it easier for users to access Flag Network updates in the future.

Flag Network FAQ

We are temporarily suspending group chat for the sake of avoiding creating FOMO in the group. We'll reopen the chat once we've resolved the issue (expected 24-36 hours).

During troubleshooting, we would like to provide some frequently asked questions received from users:

1. Why has the number of tokens in your wallet decreased? Where have the reduced number of tokens gone?

As previously announced, we use the Rebase function to reduce the token supply, helping us control the token price and prevent dumping.

The Rebase function has the effect of reducing or increasing the supply of all FLAG token holders by %.
For example, If we use this function to reduce the supply by 10%, the number of tokens of all holders will be reduced by 10%.

If you have 10,000 tokens, the number of tokens after the Rebase will be 9,000. This amount of tokens will completely be gone and is not transferred to any other wallet address.

In the situation of dumping, we decided to use this function to reduce the current supply by 90%. The current total supply of FLAG tokens is 98,000,000, which can be checked here:

https://bscscan.com/token/0xa5496935A247fA81B1462E553ad139d2FD0af795

This means that if you own 10,000 tokens, the number of tokens will now be reduced to 98 tokens . This is normal because the number of tokens decreases but the value of the tokens remains the same.

2. What exactly is the problem that Flag Network is facing?
We have wrongly set up the unlock time of a smart contract, resulting in 100% of the tokens purchased from this smart contract being unlocked, specifically as follows:

https://bscscan.com/address/0x0b4c17600b398009c62ae27614f840520bf2d56c

We tried to buy in to stabilize the price, but the selling volume was too large. The total trading volume sold within 24 hours was 8 million USD, which can be checked here:

3. What will the troubleshooting and project development plan look like in the future?
The project will continue to grow and focus on building the platform even if the token price does not live up to expectations.
The above incident has damaged Flag Network's budget, which will affect investors in the short term.
We will continue to stabilize the price and unlock tokens on time.

4. In addition, we have compiled 40 frequently asked questions here. While the group chat is suspended, please find your answers here:

https://docs.google.com/document/d/1JPTVuF11uvQVNRdbdw2hvojZuc6xxuS1tBXY57H95Ic/edit?usp=sharing

🔥We are pleased to announce the listing event of Flag Network on

- A trading platform with a daily trading volume of up to 3 billion USD which possesses high reputation and a community of 400k people around the world.

🏁Trading pair: FLAG/USDT
🏁Trade feature: 4/4/2022 - 6:00 AM (EDT)

✔️Details: https://support.bmx.fund/hc/en-us/articles/4911454834843

✔️ Note: This is a reputable trading platform that has been thoroughly tested by the Flag team.

🎉We are pleased to announce that Flag Network is now listed on

💱BKEX - A trading platform with 1.5 billion USD daily trading volume and a community of more than 150k people around the world.

💹Trading pair: FLAG/USDT - https://www.bkex.com/trade/FLAG_USDT

✔️ Details: https://bkex.zendesk.com/hc/en-us/articles/5011943027737

🕊The Charity Foundation would like to announce an event to support the people of Ukraine

🎁Total budget: 1000 USDT per day. Depending on the number of participants.
🎁Amount of support: 2 USDT/person/day

✔️This budget is 100% coming from . We hope that the people of Russia and Ukraine can soon live in peace.

✔️Join here:
https://dashboard.flagnetwork.finance/support-ukraine

🎉We are pleased to announce the Airdrop event of - An Invested Partner of

💡There are only 2 methods to own :
📍Join the Airdrop here:
https://hyperracer.io/airdrop
📍HR will be distributed to token holders

🤝Wish great success!

We are pleased to announce the strategic with .

You can now find Flag Network in the Wallets and Dapps on !

This partnership is important to help reach the ecosystem and more than 200k fans around the world.