SwissTech Token

SwissTech Token March 14, 2022

SwissTech Token

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: SwissTech Token
Currency: SwissTech (5377697373546563680000000000000000000000)
Issuing account: raq7pGaYrLZRa88v6Py9V5oWMYEqPYr8Tz
Distribution accounts: rBk1Tqmso243UdowshhcRN6pEWhbuAqE5t, rDoxmjKwK5xFdu4xPoiwttjwaT7VsH6eKE, rsTCqK8ncJ1MwFr67Znn22Hi64yKctcEcs, rha6rM8P1veNgkwVicY5Zd2KxnWMNUtnB7, rP2HaXsM31iR3vJ5iiVc9TcEuh66xnE86F

This is revision number 1, signed March 14, 2022 by rBk1Tqmso243UdowshhcRN6pEWhbuAqE5t

Description: SwissTech is a marketplace project dedicated to the “Art of Time”.
Our goal is to provide a new perspective to the world of traditional watchmaking, to create a gateway for the watch industry into the digital universe of NFTs, and integrate into the Metaverse.
We will also offer an intuitive platform for brands and independent watchmakers to develop their own collections. Through our universe, members of our community will be able to access exclusive creations and thus harness the true power of the immersive virtual world of this market in the fast-accelerating digital revolution.

Unique selling points: What makes this token unique, compared to the broader landscape of tokens?

SwissTech Token is used to operate our online Marketplace

- NFT minting process.
- Stacking & Vip Rewards.
- Main payment solution on our marketplace.
- Discounts and exclusive collections for token holders.

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?

Designed to be the first token for Swiss Watch-Technologies & Innovations

Issuing our own token gives us ability to create our own space and ecosystem, with our own minting process, distribution and Stacking&Reward program.

It give us guarantees to be able to challenge at any point coming developments.

Whitepaper/sales material:

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 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 4March 9, 2024
Revision 1March 14, 2022