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: GHOST
Currency: GHOST (47484F5354000000000000000000000000000000)
Issuing account: rw57VKMLgWYcgdcu89Bnz1YHne1gE35F1L
Distribution accounts: rwBDdUX4ZRSN4dAhbdy6tceWdAbBYu7YyM
This is revision number 3, signed April 14, 2024 by rwBDdUX4ZRSN4dAhbdy6tceWdAbBYu7YyM
Description: Ghost Coin (GHOST) is a spooky and deflationary meme token that haunts the XRP Ledger, designed to possess the hearts and minds of the anonymous crypto community. With a sinister yet limited supply of 170 million tokens, Ghost is poised to become the ultimate digital phantom, lurking in the shadowy depths of the blockchain and ready to materialize in the wallets of its die-hard fans.
But Ghost is more than just a meme – it's a token with a mission. In the near future, Ghost plans to integrate with automated market maker (AMM) protocols, allowing for decentralized and haunted liquidity pools that enable seamless token swaps and eerie trading experiences. Imagine a world where you can summon Ghost tokens from the depths of the AMM underworld, all while contributing to the ever-decreasing supply through the dark magic of liquidity provider rewards.
Beyond its AMM aspirations, Ghost is building a community of anonymous believers – the faceless and nameless heroes who have been fighting on the digital battlefield for far too long. These anons will find solace in Ghost's spectral embrace, as the token empowers them to haunt the crypto landscape, participate in ghoulish governance decisions, and reap the rewards of their unwavering faith in the project. With a haunting website at ghostcoin.network, a chilling roadmap full of spooky surprises, and a blood-curdling commitment to deflationary tokenomics, Ghost is poised to become the most spine-tingling sensation in the meme coin underworld. So, dare to join the Ghost army, and let's paint the crypto world a deathly shade of green together!
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
Tribute to the unsung heroes:
Ghost pays homage to the often unrecognized and anonymous individuals who work tirelessly to make a positive impact on the world.
Just like the ghost army of WW2, these modern-day anonymous heroes operate in the shadows, using their skills and dedication to effect change.
By creating a token that represents and rewards these individuals, Ghost stands out as a unique and meaningful project in the crypto space.
Deflationary tokenomics:
Ghost employs a deflationary token model, with a limited total supply of 170 million tokens that will decrease over time.
Through regular token burns and a well-designed incentive structure, Ghost aims to create scarcity and potentially drive up the token's value.
This deflationary nature differentiates Ghost from inflationary or fixed-supply tokens.
Focus on the anonymous community:
Ghost is designed specifically for the online anonymous community – the faceless and nameless individuals who work tirelessly behind the scenes to make a difference.
By catering to this often-overlooked segment of the digital space, Ghost creates a unique niche and builds a loyal community of supporters.
The token aims to empower and reward these anonymous users, fostering a sense of belonging and shared purpose.
Integration with AMM protocols:
Ghost plans to integrate with automated market maker (AMM) protocols in the future, enabling decentralized liquidity pools and seamless token swaps.
This integration will provide Ghost users with access to advanced trading functionality, making it easy for them to engage with the token and contribute to its growth.
By bridging the gap between anonymous communities and AMMs, Ghost offers a unique value proposition that sets it apart from other tokens.
Community-driven governance:
Ghost is committed to being a community-driven project, with token holders having a say in the token's future direction and decision-making.
Through a decentralized governance system, Ghost users will be able to participate in shaping the token's roadmap, proposing and voting on changes, and contributing to its ongoing development.
This level of community involvement and decentralized governance is relatively rare among tokens, making Ghost stand out in this regard.
Presence across multiple channels:
Ghost is not just a token, but a full-fledged movement with a presence across various channels.
From its informative website at ghostcoin.network to its engaging social media campaigns and community events, Ghost creates a holistic and immersive experience for its users.
This multi-channel approach helps Ghost build a strong brand identity and maintain a consistent and recognizable presence in the digital space.
By focusing on the tribute to anonymous heroes, deflationary tokenomics, a focus on the online anonymous community, AMM integration, community-driven governance, and a presence across multiple channels, Ghost differentiates itself from the broader landscape of tokens. These unique selling points help Ghost carve out its own niche and attract a dedicated community of supporters who believe in the token's mission and potential to make a positive impact on the world.
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?
The Ghost token serves as a beacon of recognition and empowerment for the unsung heroes of the online world – the anonymous individuals who tirelessly dedicate themselves to making a positive difference. By creating a token that represents and rewards these often-overlooked change-makers, Ghost aims to build a strong, united community driven by a shared purpose: to support and celebrate the power of anonymous action in shaping a better future. Through its unique tokenomics, governance model, and community-focused approach, Ghost stands as a testament to the transformative potential of the anonymous collective, inspiring others to join the cause and make their mark on the world, one token at a time.
Whitepaper/sales material: https://ghostcoin.network/whitepaper
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: This is not applicable for this token.
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://ghostcoin.network
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 3 | April 14, 2024 |