xSTIK

xSTIK February 9, 2024

xSTIK

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: xSTIK
Currency: xSTIK (785354494B000000000000000000000000000000)
Issuing account: rJNV9i4Q6zvRhpE2zjxgkvff3eGHQohZht
Distribution accounts: rGGQVudQM1v1tqUESWZqrEbGDvLR8XKdiY

This is revision number 1, signed February 9, 2024 by rGGQVudQM1v1tqUESWZqrEbGDvLR8XKdiY

Description: xSTIK is an ambitious XRPL NFT project with long-term goals, launched at November 2021. xSTIK Figure is becoming a World known XRP Mascot. Our ecosystem native token is $xSTIK with seven usecases. We have 100% original concept (characters, visual look, ideas), Well planned NFT program (multiple reward systems), 7-Tier NFT Cards (Original, Rare, Epic, Legendary, Custom, Diamond, Kryptonight), Unique graphics and Master Artist Sumi Stik as a Founder. We innovate non-stop and are partnered with many other top-tier projects.

xSTIK has the BEST community in cryptos. We are working to build HIGH VALUE to xSTIK NFTs. Making them future GEMS. Our NFTs pay Passive income in XRP and $xSTIK for eligible holders. High-Tier cards pay $XRP bonuses.

First NFT Browser App in XRPL: http://tiny.one/xstiknfts
World's FIRST Custom NFT Workshop: http://xrpstik.com/nft-workshop


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

-We are one of the very first NFT projects in XRPL, launched at 2021.
-All our artwork is hand-drawn by Master Artist Sumi Stik. Never generated, never AI drawn.
-$xSTIK token has seven usecases in our ecosystem.
-Our holders reward systems are unique and working.
-We have an unique NFT App, programmed all in-house.
-The list of our partners is impressive.
-xSTIK community is massive, including many talented and creative people!


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?

$xSTIK token plays a significant role in xSTIK ecosystem as it's working currency.


Whitepaper/sales material: https://www.xrpstik.com/wp-content/uploads/2021/12/xSTIK-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.

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://xrpstik.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
RevisionDate
Revision 1February 9, 2024