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: MotionWreck Games
Currency: MWG (MWG)
Issuing account: rGfKifFcz1mpobiRyKwNL7MoVjDoiefeYT
Distribution accounts: rUhHn8Dvdj4hgXy5edPHk5SnQMue8tTWHt, rsRtzCB1wt3DHEyBdkRNFVntQi3vCJc4FT, r4eRXZfLvPfVRj9YHApFCqDk7pSFPrwd7u, rD5wJ1wqH4MkRvzMiMjCX8iJ2VSeToRZqH, rHpjwmXtWsJUJz1h8Ano29epH1huewPnTk
This is revision number 1, signed March 14, 2022 by rUhHn8Dvdj4hgXy5edPHk5SnQMue8tTWHt
Description: MotionWreck Games is a small development team which aims to create a network of play-to-earn NFT games where casual to hardcore players can earn by playing their favorite games. We plan to deploy various games catering different audiences from arcade to adventure games.
$MWG is the native cryptocurrency of all games made by MotionWreck Games. This means by owning $MWG, you can play any of our developed games and earn as you enjoy.
It runs on XRP Ledger (XRPL) network which charges less transactions fees while providing fast transaction times.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
$MWG will be used in variety of games which will create a network or an ecosystem. By developing play-to-earn games with different genres, this caters a wide audience giving the token a high demand for casual and hardcore gamers. In addition, this will also be used to buy in-game NFTs in our very own marketplace (soon).
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?
$MWG will be used as native cryptocurrency in all of the MWG developed games and in MWG marketplace.
Whitepaper/sales material: https://www.motionwreckgames.com/_files/ugd/057fc6_20d33b5ce0134006add1f20038acfd3e.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: 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.motionwreckgames.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 does not contain 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 14, 2022 |