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.
Project name: Schmeckles
Currency: Schmeckles (5363686D65636B6C657300000000000000000000)
Issuing account: rPxw83ZP6thv7KmG5DpAW4cDW55DZRZ9wu
Distribution accounts: rBH7m2rKDs4EgWit3phcGiEkoTRUgBTYx7, rhVuunp2bWVZdxXHA8DcisiDMY1UENgFgr
This is revision number 1, signed September 14, 2022 by rBH7m2rKDs4EgWit3phcGiEkoTRUgBTYx7
Description: Schmeckles is a token on the XRP Ledger for Rick and Morty fans. We have a growing community of people from all over the globe who regularly discuss the franchise while also having fun through interactive competitions and giveaways (such as Art Competitions via Twitter). The project regularly streams on Twitch and hosts games within our Discord Server.
Schmeckles also develops games hosted on our website that are fun to play and educational. These games are created with community engagement and in collaboration with other XRP Ledger Projects.
Schmeckles owns the rights to use and sell merchandise with the Schmeckles coin logo from Season 01 Episode 05 ('Meseeks and Destroy') of the Rick and Morty cartoon.
The Schmeckles token is blackholed with a deflationary supply. The project is lead by a diverse team with the intention to continue building long into the future.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
-Rick and Morty fan-token
-Deflationary Supply (via multiple pathways such as Reapings by The Reaper Coin Project)
-Art Competitions (4 per year)
-Soft Staking Opportunities (with the Schmeckles drips ending on 02 November 2022)
-Over 80% of tokens distributed to the public (ending on 02 November 2022)
-Fun and educational games
-Collaboration with other XRP Ledger Projects
-Audited by XRPL Assurance Services
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?
Schmeckles offers Rick and Morty fans the opportunity to own a digital Schmeckles token based on the coin in Season 01 Episode 05 ('Meseeks and Destroy').
Whitepaper/sales material: https://schmeckles.io/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.
The self-assessment is made on behalf of a legal entity (for example the issuer is a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).
Website: https://schmeckles.ioWebsite information: The website should disclose the following information:
- Details of the legal entity: official name and registry code, company headquarters mailing address
- Contact information: e-mail and other contact information
- Core team members
- Whitepaper if available
The website contains relevant information.
Business plan: A business plan should entail:
- the amount of revenue and expenditure by area of activity
- obligations related to the issuing of the token
- the technical administration of the company
- operational strategy
- the intended activities related to the token
- general principles of risk management and strategy of risk management
- policy for the financing of activities.
The issuer has developed a business plan for the next 3 years.
Risk assessment: A risk assessment should include identification of, assessment of impact and likelihood and mitigation measures and status of implementation for applicable risk scenarios.
The issuer has conducted risk assessment and implemented risk management activities.
Internal policies: Critical internal policies are necessary to manage risks.
The issuer has adopted and implemented appropriate internal policies and procedures in the areas of information security, business continuity, risk management and accounting.
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).
|Revision 1||September 14, 2022|