WebDime November 1, 2023


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: WebDime
Currency: wdm (wdm)
Issuing account: rphmS6GfDCgoR5jjqSTJ4dUvahm1TNPeY1
Distribution accounts: r4tEqNpJjPANxHG4ZNhBtiZ3tKtypv56b2, rfUQ5ejrTCeJrD74bNQSGNAq6Kz623mh9o

This is revision number 3, signed November 1, 2023 by rphmS6GfDCgoR5jjqSTJ4dUvahm1TNPeY1

Description: Introducing WebDime, the heartbeat of WebWalletX
Welcome to the Revolution!
A revolution powered by Digital Currencies like BTC, XRP & WDM.

What is WebDime?
WebDime is a cryptocurrency utility token built on the XRPL. WebDime is envisioned to be the driving force behind next-gen Web3 applications functioning both as a currency and as a virtual accounting system.

Amidst the surge of digital transformation, the demand for secure and user-centric financial management is skyrocketing. Enter WebDime (WDM), a token designed to enhance financial transparency and control in the evolving landscape of DeFi.

What sets WebDime apart is its seamless integration with the XRPL ecosystem, enabling lightning-fast transactions and lower fees, all while empowering WebWalletX, our state-of-the-art decentralized financial application. With WebDime, users gain unprecedented control and flexibility over their financial assets and obligations.

Our mission extends beyond mere transactional efficiency. We are building a holistic financial management ecosystem that gives you, the user, an intuitive and secure interface for monitoring and managing your entire financial landscape.

Ready to transform your financial experience? Get started with WebDime and WebWalletX now!

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

Overview of WebDime (wdm)
WebDime serves as the vital pulse within the WebWalletX.ai ecosystem, firmly rooted in the world of digital finance. Far more than a conventional utility token, wdm stands as the lifeblood, powering every facet of the WebWalletX platform. This dynamic currency not only expedites transactions but also grants privileged access to exclusive features, while taking center stage in the platform's governance, ensuring a truly dynamic and user-centric experience.

Born within the XRP Ledger (XRPL) and deeply integrated into the XRP ecosystem, WebDime epitomizes innovation in the realm of personal financial management. Its all encompassing dashboard, complemented by an intuitive design and state-of-the-art features, illuminates the path for users to navigate their finances effectively, reduce debts, bolster savings, and ultimately chart a course toward a thriving financial future.

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?

Governance! At the heart of wdm governance lies the principle of individual empowerment. Every wdm holder, regardless of their token count, is accorded a voice, emphasizing our commitment to a truly democratized system. This approach not only fosters transparency and alignment of stakeholder incentives but also champions community-driven innovations. From proposals to voting thresholds and even intricate implementation details, everything is made transparently accessible on-chain. This ensures our governance remains decentralized, equitable, and fundamentally driven by the very community we serve.

Whitepaper/sales material: webdime.io/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: 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://webdime.io/

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 3November 1, 2023
Revision 2November 1, 2023
Revision 1October 30, 2023