Flag has three stripes. Number three is a symbol of past, present and future while Asgardia is the future. On flag, there are three colours, red, blue and yellow. Red is a symbol of vitality, strenght, power of life; blue is a symbol of peace, freedom and also it is a symbol of sky or the Universe. At last yellow simbolizes wisdom.
In left top corner is yellow sign of Asgardia, what symbolizes a wise idea of freedom state in the Universe.