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.
This is revision number 1, signed March 26, 2022 by rwov5Kt1yPjuRYrP76oLm6pugBJFSdCsCL
Description: XRPLToken was created as a community meme type project with the intention of educating, promoting & encouraging the use of the XRPLedger in general.
XRPLToken positions itself as a project on the side of moral objectivism and seeks to help create a world in which people have the opportunity to explore, create, spread and exchange value with as little friction/cost as possible.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
There will never be any automated or mass airdrop of XRPLT, this is because XRPLT was created to grow organically, to encourage XRPLT to be used for any purpose its holders find useful whilst avoiding the cynical vibe that airdrops can create around projects. XRPLT was created to be as decentralised as possible and appealing to all people who support the idea of an individuals ‘autonomy of exchange’.
XRPLToken seeks to engage with its community and support where possible all opportunities to promote further utilisation of the XRP Ledger. The XRPLToken project will not seek to stifle discussion of other projects, rather the aim is to encourage and support all good actors within the XRPL community.
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?
It is hoped that by growing the use of a meme-type community token/coin via good social media marketing, acting in good faith and supporting of our community members we can foster an environment which enriches the wider world by promoting the greatest possible autonomy of exchange of value for all individuals.
Whitepaper/sales material: https://xrpltoken.com/whitepaper.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: The issuer does not have a bug bounty program.
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://xrpltoken.comWebsite 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 26, 2022|