This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.
Basic information
Project name: XON
Currency: XON (XON)
Issuing account: rswdYCe1dy1LK2wA1Kcs9j8Za3UupBes3K
Distribution accounts: rpVhB2Dbs3rHYZA9cDgGzWkLAwid2FX2QK
This is revision number 1, signed June 2, 2022 by rswdYCe1dy1LK2wA1Kcs9j8Za3UupBes3K
Description: Building new bridges between humans and blockchain. XON is an ecosystem of products to ease and boost the adoption of blockchain.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
XON is focused on user experience, digital identity and property management. We envision the user as main actor controlling everything related to its identity and property. This crucial shift allows to abandon both the traditional centralized model or the use of third party identity providers.
Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?
XON is the native token of the XON Ecosystem: it provides certain access to services in the XON network.
Whitepaper/sales material: https://xon.money/white-paper/xon-v1.pdf
The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.
Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.
Bug bounty program: The issuer does not have a bug bounty program.
Sovereign Entity
The self-assessment is made by a soverign entity (i.e. not a legal entity, such as a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).
Website: https://xon.money
Website information: The website should disclose the following information:- Contact information: e-mail and other contact information
- Core team members
- Whitepaper if available
The website contains relevant information.
Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.
The issuer has assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).
Self-assessment revisions
| Revision | Date |
|---|---|
| Revision 2 | April 6, 2023 |
| Revision 1 | June 2, 2022 |