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 1, signed March 17, 2022 by rKcmW712NbLw2h29BMr47cwX2HAUNEbwrt
Description: Mapt. ODL is a Renewable Energy Infrastructure Investment company with £2.1bn in projects across the UK & Europe, working with some of the Big Six Energy Companies and Governments under the Emergency Energy Act.
Mapt. ODL is to a digital asset operator, where the company is backed by physical and digital assets with a net zero carbon footprint.
Mapt. ODL's native utility token (XMP) has been created to be the native token within Mapt. NFT minting and Influencer marketing platform and preamble discounted payment token to the domestic energy bill payers in the jurisdictions across Europe that that we are creating Renewable Energy and selling wholesale commercially.
As liquidity is created within the market place for XMP, Mapt. ODL will invest in further Renewable Energy Infrastructure projects.
A mid-term goal is to invest £800m into Mapt. Blockchain that will operate via a 50MW mixed use renewable energy site in Scotland; Commercial entities would be able to purchase XMP knowing that investments are going into renewable energy projects which in turn would reflect in commercial entities Green Index Scoring and thus reflect their share price.
The founders of Mapt. ODL are aware of the new QFS rapidly coming to fruition along with the energy supply issues many countries face which is why we have decided to blend both the traditional assets and digital assets and infrastructure projects now and in the future to strengthen the business.
Unique selling points: What makes this token unique, compared to the broader landscape of tokens?
XMP has a utility.
XMP offers Energy bill payers discounts in jurisdictions we hve renewable energy projects.
No other NFT Platform has an inbuilt Influencer contracting tool where XMP is the native token - This overhauls the current Influencer revenue model.
Mapt. ODL is a carbon neutral
Any project Mapt. ODL creates that consumes energy will be offset due to our renewable energy infrastructure projects.
Mapt. ODL has a new mortgage replacement product currently being tested that allows first time buyers onto the market with no deposit; no interest; own their home in as little as 10 years using XMP as a payment token.
Mapt. ODL is also launching a project tokenisation platform to raise further funds and scale up it's renewable projects and utility cases for XMP.
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?
Although the Cofounders are privately invested in XRP, XMP was created to concentrate on renewable energy infrastructure projects. Creating XMP allows Mapt. ODL to expand and build out it's renewable energy infrastructure schemes quicker.
XRP, to our understanding is going after institutional monies such as international trading, international derivatives market, Swift system, petrodollar system and more.
Whitepaper/sales material: https://drive.google.com/file/d/1VSEwgXDNE5m9XAhWig8gikxJkGPjcU6E/view?usp=sharing
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 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://www.maptodl.ioWebsite 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).
|March 17, 2022