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.
Project name: LUCRETIUS
Currency: LUC (LUC)
Issuing account: rsygE5ynt2iSasscfCCeqaGBGiFKMCAUu7
Distribution accounts: r4bGj7jkMqip3xkaPaetBhNtQSaG6QazmL, rK6oxn1UBPRSyjFPgw9HmRdGQNwku55Wg6, r3FMM9DhEXbxur9P3zriAVvYho6aEenqJj
This is revision number 1, signed March 16, 2022 by r4bGj7jkMqip3xkaPaetBhNtQSaG6QazmL
Description: Lucretius is a fully decentralized metaverse web-based game that is filled with endless fun and adventure. It is an exciting new complex where you can connect with other users, make new friends, participate in community events, win contests, exchange NFTs at the marketplace, and many other fun activities.
In Lucretius, the fun never ends. You can participate in auction events, art exhibitions, concerts and even get paid for having fun with Play & Earn. It is a web-based game that stands out because it offers the best of two worlds. It provides an exhilarating gameplay experience and a platform for players who want to acquire and trade NFTs, even if they have no idea what an NFT is. Lucretius was not created as a game for only blockchain players. It is aimed at a segment of the gaming community which can be quickly onboarded from other mainstream platforms.
Their unique angle offers an exciting way to connect a compelling game narrative with the metaverse and underlying blockchain technology. With these features, the Lucretius complex can attract millions of gamers to the blockchain ecosystem and create multiple income generation streams in the process. The project leverages the XRPL, which facilitates advanced and in-game DeFi features.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
The Lucretius token offers exclusive access to a compelling game narrative, and an immersive gaming experience in built using cutting-edge blockchain technology. It also doubles as your ticket to a buzzing community of thrill seekers.
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?
The Lucretius token is integrated into the gaming experience. It'll be used for trading NFTs, shop renting, and all forms of payment. The token will allow users access the play-to-earn feature and also represent a user's stake or part ownership of the complex.
In addition, the Lucretius token's utility extends to include Decentralized Finance products like yield farming, loans, borrowing etc all within the Lucretius ecosystem
Whitepaper/sales material: https://lucretius.games/download/whitepaper
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 on behalf of a legal entity (for example the issuer is a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).
Website: LUCRETIUS.GAMESWebsite information: The website should disclose the following information:
- Details of the legal entity: official name and registry code, company headquarters mailing address
- Contact information: e-mail and other contact information
- Core team members
- Whitepaper if available
The website contains relevant information.
Business plan: A business plan should entail:
- the amount of revenue and expenditure by area of activity
- obligations related to the issuing of the token
- the technical administration of the company
- operational strategy
- the intended activities related to the token
- general principles of risk management and strategy of risk management
- policy for the financing of activities.
The issuer has developed a business plan for the next 3 years.
Risk assessment: A risk assessment should include identification of, assessment of impact and likelihood and mitigation measures and status of implementation for applicable risk scenarios.
The issuer has conducted risk assessment and implemented risk management activities.
Internal policies: Critical internal policies are necessary to manage risks.
The issuer has adopted and implemented appropriate internal policies and procedures in the areas of information security, business continuity, risk management and accounting.
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).
|March 16, 2022
|March 16, 2022