XWM World Money

XWM World Money March 15, 2022

XWM World Money

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: XWM World Money
Currency: XWM (XWM)
Issuing account: rJzBh2Sktnps8CoLVJeDjj3Y2aDzXhrAFL
Distribution accounts: rUb9C5HeYM8E8D1rkEwHNNy93Eyp4n2BNZ

This is revision number 1, signed March 15, 2022 by rUb9C5HeYM8E8D1rkEwHNNy93Eyp4n2BNZ

Description: XUM was designed to modernize the traditional money. To become the new money that is fast and efficient regardless where you are and what your social status is.


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

100% free token, passive income, a digital coin for everyone.


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?

100% free. A digital coin for everyone.


Whitepaper/sales material: https://xumcrypto.com/xwm-world-money/

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 not 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://xumcrypto.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 does not contain 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 1March 15, 2022