XRPLGoldToken

XRPLGoldToken June 3, 2023

XRPLGoldToken

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: XRPLGoldToken
Currency: XRPLTGT (5852504C54475400000000000000000000000000)
Issuing account: rspdZ6yA1VKPcA2fJxKeWUfmcrqRrF9CJ9
Distribution accounts: r49ixdcQAx7BctJXtGX7FZkf3wNqzSiTf3

This is revision number 1, signed June 3, 2023 by r49ixdcQAx7BctJXtGX7FZkf3wNqzSiTf3

Description: XRPLGoldToken is a token running on the XRPLedger.

XRPLGoldToken was created with aim of becoming a 'better Bitcoin', something people could actually use to transact with on a daily basis.

Using the speed and low fees of the XRP Ledger XRPLGoldToken is available for everyone to use as a means to transact over the decentralised XRPL.

XRPLGoldToken (XRPLTGT) has been distributed and given to holders for free from the original receiving wallet.

Additionally, the following NFTs exist:
- XRPLGoldToken Gold-Backed NFTs: Each of these are backed by 1 physical gram of real gold.
- 'The XRPLGoldToken 9': These 'Ultra-Rare' NFTs were the first NFTs minted specifically for the XRPLGoldToken project, there will never be more of these NFTs minted. These could not/cannot be purchased from the creator but only earned by completing free to enter competitions.
- XRPLGoldToken 'Common NFTs': These XRPLGoldToken NTFs are designed to invoke feelings of hope and joy that the mass of humanity has the ability to cast off the shackles of centralised financial systems and create a world where money is able to play less of a role in power and control.

Not just a memecoin or protest coin, XRPLGoldToken was created to champion the 99% of humanity in opposition to increased centralised 'control' over personal finance that may come with the introduction of Central Bank Digital Currencies. The greater the number of holders/users of XRPLTGT the greater the ability there will hopefully be to keep creeping financial authoritarianism in check.

XRPLGoldToken does not seek to advertise 'use cases' beyond its purpose. As with Bitcoin, sometimes it's the purpose which promotes its adoption.

Ideas are hard to stop. Much love.


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

XRPLGoldToken has a higher moral purpose, it's not simply a memecoin or protest coin. XRPLTGT was created to champion the maximum financial autonomy of individuals in good faith, within a functioning decentralised system.


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?

Not just a memecoin or protest coin, XRPLGoldToken was created to champion the 99% of humanity in opposition to increased centralised 'control' over personal finance that may come with the introduction of Central Bank Digital Currencies. The greater the number of holders/users of XRPLTGT the greater the ability there will hopefully be to keep creeping financial authoritarianism in check.

An idea which anyone would struggle to promote using the native XRP token, considering it's relationship with the Banks. No other token on the XRP Ledger at the time was created specifically for this purpose.


Whitepaper/sales material: https://www.xrplgoldtoken.com/goldpaper

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://xrplgoldtoken.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 does not contain 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
RevisionDate
Revision 1June 3, 2023