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.
This is revision number 2, signed March 17, 2023 by rskQ14F6pnnMu6nGwUeUCanLmeyMwVAHD3
Description: Neural Earth DAO and it’s token $NED exist to develop properties and blockchain based infrastructure to support individuals living or traveling in mobile housing units such as RVs, Cars, Vans, Busses etc.
NEDAO is a property development DAO that will provide applications for reservations and the development of safe places to stay, pit stop at, or rest while living on wheels.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
$NED has been issued on the XRPL which has integral relationships with global partners and is shaping up to be one of the only regulatory compliant ledgers in the world.
$NED and NEDAO will cater to the rapidly growing population of mobile and transitory individuals who are finding it easier and more economical to dwell in vehicles, mobile homes and RV's or Trailers.
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 reason NEDAO issued its own token is to ensure that the project can maintain its own ecosystem and initial fundraising efforts. It is much harder to raise funds or develop an ecosystem for a project using another projects tokens or coins. $NED will function as a reservation currency to be exchanged for space and spots within the Neural Earth network.
Whitepaper/sales material: https://drive.google.com/file/d/1FlxFuXWeF326BOVxIiU8cxewIWlAB4cv/view
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.
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.neuralearth.org/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).
|Revision 2||March 17, 2023|
|Revision 1||January 26, 2023|