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: Write The Future
Currency: WTF (WTF)
Issuing account: rMto14bewveUSfEHQQehPBJmmL426azvn9
Distribution accounts: rKtHLZA5oJkuFLHkqyo1KE6LS5pxjNHGmU
This is revision number 1, signed February 18, 2024 by rKtHLZA5oJkuFLHkqyo1KE6LS5pxjNHGmU
Description: Write The Future is an ecosystem; it's a comprehensive suite of products and services meticulously crafted to foster a thriving community where individuals come together to learn, prosper, and evolve collectively.
With the fixed total supply of 7,778,742,049 and black-holed issuing address (rMto14bewveUSfEHQQehPBJmmL426azvn9), the WTF token is the lifeblood of our ecosystem, serving three primary purposes:
- Rewards for user activities, earning and winnings.
- Exchange with other tokens.
- Payment for courses, games, exams, certificates, tournaments, and more.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
It is a utility token that powers up our AI learn platform, the AR wallet and the crypto board game.
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 disappointing market price for XRP and the trends on the retail makes tokens with smaller supply more favorable.
Whitepaper/sales material: https://wtf.pub/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.
Legal Entity
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: https://wtf.pub
Website 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).
Self-assessment revisions
| Revision | Date |
|---|---|
| Revision 1 | February 18, 2024 |