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: XRbitcoincash
Currency: XRbitcoincash (5852626974636F696E6361736800000000000000)
Issuing account: rEjwniYhYR5QDZzK1a1x2359j8j8N43Ypw
Distribution accounts: rED7fJm5i2gJ6ZqF3madgu7rsubnhxdr8x, rBiTCoiNCfdWqnAEiGeVBZWE3rsXJ62L6S, rFsuBbSV5yyS3zmFyi5ibF4gZSZfb6Ywp
This is revision number 1, signed September 3, 2022 by rFsuBbSV5yyS3zmFyi5ibF4gZSZfb6Ywp
Description: XRbitcoincash is a support token on the XRPL Its goal is to make crypto currency accessible to every possible economy along with other legitimate projects on the XRPL we hope to change to global financial system for hard to access economy's we believe in ripple labs core values and hope to be a supporter of this innovative technology in the coming decades. We will evolve with the ledger and participate in all vetting processes that will arise as the leger grows. we want to change the world for the better by changing the currant global market. We have staked our token to the XRP stable coin and we will grow together with a standings buy order that increases in value as XRP increases in value. We look forward to all the possible options that are coded into the leger in the coming years and will be using the leger as much as is allowed by regulations and technical limitations. We also have a community gallery that we post community made xrpl nfts . As community nfts sell we send xrp to the artist in 3rd world countries who would not be able to do this any other way . Even if we make a small difference it will have been worth our time.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
We have linked our token to the XRP stable coin.
We have created a community NFT gallery that is easily found on google we are collaboration with many popular XRPL tokens and NFT projects giving them a searchable google site. We vote on every change to our road map on twitter . We are taking it slow as we realize the pit falls of unknown regulations to come we will out last the others. We are very carful about how we are distributing our tokens. We would rather trash the existing tokens then to harm the integrity of the ledger. We understand that XRP is a tool for us to develop our token. We are just getting started on this journey of change and we are exited. We are willing to go down with the ship if it ever gets to that at least we will have done our best to make real change.
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?
We are simply another option on the leger. We offer diversity for crypto collectors. We have NFTs that collectors can store along with our tokens and we hope to offer utility as allowed by the leger as it arises . We cannot possible compete with XRP nor would we want yo We are simply an option for collectors who may want to collect alt coins . With out clear regulations we are being very carful about what we claim and what we do.
Whitepaper/sales material: https://www.xrbitcoincash.com/white-paper
The whitepaper does not include 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: https://www.xrbitcoincash.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).
Self-assessment revisions
| Revision | Date |
|---|---|
| Revision 2 | September 3, 2022 |
| Revision 1 | September 3, 2022 |