XLoyalitY

XLoyalitY September 20, 2022

XLoyalitY

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: XLoyalitY
Currency: XLY (XLY)
Issuing account: rfQNEfqLQc5L34rS92Xh5nVtk9NVHbv4Gj
Distribution accounts: rLmhFNgLng8pYT6etmL4wuL8vmFLnhg9NU

This is revision number 1, signed September 20, 2022 by rLmhFNgLng8pYT6etmL4wuL8vmFLnhg9NU

Description: XLoyalitY stands for creating a secure XRPL network. XLoyalitY examines coins that apply and want to qualify for our Rug pull prevention & Quality mark. After screening we issue a status to the submitted coin. If it is approved, we will make it known to our community. We only publish information about our approved partners.
We are working to create a safe platform for coin holders and buyers. We where scamcoins have no chance.


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

XLoyalitY is unique in that we create a platform with affiliated XRPL projects. In this way we want to inform the coin buyer that the approved partner is researched and safe. We have contact with coinfounders, so security is guaranteed. When in doubt, XLoyalitY starts the investigation again to make clear if the connected coin meets our security requirements.


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?

We are the first project on the XRPL network to conduct research and issue our logo as a seal of approval. The pay valute for our compensation program concerns XLY


Whitepaper/sales material: https://linktr.ee/xloyality

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: www.xloyality.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 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
RevisionDate
Revision 3September 20, 2022
Revision 2September 20, 2022
Revision 1September 20, 2022