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: Treasury
Currency: TRSRY (5452535259000000000000000000000000000000)
Issuing account: rLBnhMjV6ifEHYeV4gaS6jPKerZhQddFxW
Distribution accounts: rDuyAcoVnWP1T7yh6dGXo7fCSJG3iB4kfm, , rLUWGFt36UyXa4oXh2KEdw7VTk2N8fa4if
This is revision number 1, signed March 14, 2022 by rDuyAcoVnWP1T7yh6dGXo7fCSJG3iB4kfm
Description: TREASURY XRPL is bringing real-world utility to the XRPL
EDUCATE - An e-learning academy aiming to educate new XRPL stakeholders about XRP, XRPL, how blockchains work, how to trade, and how to protect themselves, rewarding students with a small drop of our $TRSRY token for every lesson completed.
REWARD - 5% passive income on their holding.
NURTURE - Launchpad platform allowing holders to vote for start-up projects who will receive XRP funding to bring their projects to life, rewarding those that voted to back them with a holding once they have launched.
PROTECT - an insurance policy against rug-pulls
In addition to the above, Treasury will be bringing another first to XRPL through their NFT Bonds. Each NFT will carry a unique date and value in $TRSRY which will be paid out when the maturity date is reached. The NFT holders will be free to trade them as they please, or hold them for the payout.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
This token is unique because it will enable us to deliver unrivalled utility to the XRPL through the suite of products and services we are developing. We also have a team that is based around the globe and has the ability to communicate in multiple languages!
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?
Issuing the tokens native to the Treasury Ecosystem is necessary to provide the store of value and deliver the suite of utilities that the project offers. This couldn't be done using XRP alone.
Whitepaper/sales material: https://www.docdroid.net/RSrC0MO/whitepaper-20-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: This is not applicable for this token.
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://www.trsryxrpl.com/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).
|Revision 1||March 14, 2022|