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: xRYO
Currency: xRYO (7852594F00000000000000000000000000000000)
Issuing account: rLPZJ6xQkq36DurkpqsQkggMpMktPVUrVD
Distribution accounts: rNg4YXCeConWuGHDPmKQeW912s2hbeQXaB, rQrch7YLf5UyYk64am72kYCsmdkdtNxMy1
This is revision number 1, signed March 10, 2023 by rQrch7YLf5UyYk64am72kYCsmdkdtNxMy1
Description: xRYO is a P2E utility token that will be used for our in game ecosystem as well as our NFT social token. You will be able to purchase in game items such as armor, weapons, etc as well as earn the token from the many missions and games modes. Currently the token can be used to claim raffles and NFTs on from apps we have built and NFTs through NFT marketplaces on the XRPL.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
We as a project have been building since April of 2022. We have been trying to make sure that utility is the main driving point behind everything we do. We will be nonstop jamming utility into this token as we grow as a game company and develop multiple games as this will always be the token for all ecosystems we build game wise.
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?
Firstly, we are not selling this token. Everything is being distributed through many distributions' platforms. Also, I think every p2e game has a p2e token, so I don't think we are doing anything any different. But we are also able to create an in-game ecosystem by offering this token.
Whitepaper/sales material: https://docs.google.com/document/u/0/d/1LXv5Wlps9WHQkqJCoq-_WTsFd2Q20D_pGvFFB5IeF4w/mobilebasic
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: https://xroninnft.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 1 | March 10, 2023 |