FAQs

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1. Is the Dev Doxxed (publicly identified)?
   Flemecoin operates under Fleme Labs, LLC, which I personally formed as the sole owner. Flemecoin is legally tied to my identity. I did this for two reasons:
   
   First, to provide the accountability a memecoin community needs. 
   
   Second, operating as a legal business entity is required if you want to work with the top crypto partners and exchanges. 
   
   That is my picture on the "About the Dev" page. It will be my face hosting video calls and video AMAs. You can even watch me deploy the Flemecoin contract on YouTube here.
   
   I will also share my personal details (such as showing my driver’s license during a video call) with a list of community members. That list will expand over time and can include individuals recommended by the community. This approach reduces public exposure for my family while still providing the accountability and trust that a meme project requires.
    

2. What is your background?
   My 25 year career is in Information Security, leading large, enterprise-scale or global security projects, exclusively within Fortune 500 and Fortune 100 companies. While crypto development isn’t on my resume, the technologies and principles were easily accessible to me. I know how to leverage technical tools, engage business partners, and deliver results.
    

3. How available will you be to the community, what can we expect?
   Quality leadership matters, particularly as a project gets off the ground, and I intend to provide it. I will lead and manage business and partner initiatives, maintain an active presence on X and Telegram, engage the community for all major decisions, and document the process publicly on this site. I will be transparent about everything I do before I do it.
   
   That said, I have an established career and a family, and this is not my full-time job. I will be regularly engaged, but I must ensure my health, family, and career are maintained. I will also look to partner with the community for support and engagement.
    

4. Is the Flemecoin contract revoked?
   Yes. Ownership of the contract will be revoked as soon as trading is enabled. I will call the renounceOwnership() function, removing any contract owner and ensuring that the contract can never be changed. 
    

5. What is in the Flemecoin contract?
   The contract is publicly readable, intentionally simple, and includes clear descriptive comments throughout to explain how each component works. You can view the live contract on Flare Explorer here, or review a copy hosted on this site here.
    

6. Is Flemecoin audited?
   I third party contract security scan can be seen [coming soon]. While I intend to initiate a more detailed audit after launch, cost is a factor. Prices for a well known audit start around $3,000 USD, and given that I have already invested over $10,000 USD of personal funds, I may need to wait until overall market prices rise before I initiate that purchase.
   
   That said, the contract code for Flemecoin is intentionally very simple (only 106 lines of code that you can read here) and intentionally avoids functions and code that typically raise any audit concerns. It is also written to be publicly understandable, with clear comments alongside the code explaining each step. Detailed audits provides additional community assurance, but the contract is already safe, straightforward, revoked, immutable, and unchangeable. Again, you can see the production contract code on the Flare blockchain here.
   
   When an audit is imitated, it is also important to understand that audit firms operate on a first-come, first-serve basis. They then take time to complete. Status updates will be added to this site as they become available.
    

7. What is a fair launch and why did you launch that way?
   A fair launch is when a token is released at a publicized date and time, with no private sales or presales.
   
   This serves two purposes:
   
   Fair access — No insider deals. Everyone has the same opportunity, and no one needs to risk funds in a presale.
   
   Sniping protection — Sniping is a tactic where bots monitor for new liquidity pools and buy in first, then dump tokens as prices rise. A well-publicized launch window makes this tactic far less effective.
    

8. Who is Flare Networks why did you launch there?
   I've been active in crypto since 2017 and have my favorites. Flare Networks is a next-generation, EVM-compatible Layer 1 blockchain powered by a highly efficient decentralized consensus model with first-of-its-kind infrastructure. Launched in 2022, Flare Networks now supports over 1.4 million wallet addresses and processes nearly 500,000 transactions per day, with average transaction times of 1.6 seconds and fees under one cent. It’s a robust, efficient, and developer-friendly ecosystem that’s great to build on.
   
   
   Ultimately, the underlying network becomes irrelevant once a token is listed on a major exchange. Until then, Fleme will trade on SparkDEX.ai, a DEX built for Flare.
    

9. Who is Sparkdex? Are they safe? Why are you launching there?
   New tokens typically launch on a decentralized exchange (DEX) to begin trading. Because Flemecoin is launching on Flare Networks, it requires a DEX that supports trading in $FLR. SparkDEX is one of the most widely used and fastest-growing platforms on Flare, attracting tens of thousands of users and generating over $100 million in total value locked and billions in trading volume in 2025 (link).
   
   This growth is the result of SparkDEX offering a strong suite of services that prioritize project safety, liquidity protection, and long-term sustainability. It is well respected within the Flare community and maintains a close relationship with the Flare Networks team (link).
   
   While the long-term goal is to list on major centralized exchanges (CEXs) like Coinbase, Binance, Kraken, and Uphold, the journey begins with SparkDEX.