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Hello everyone, It's been a long time without posting anything. I'll give more details as the situation evolves. We were waiting (and waiting) for Coinfield to respond to our "illegal" lock of our corporate account. They will liquidate part of our account. It's completely illegal to do so and implies they are doing "things" that I will detail in the next posts. But just remember a few things - they pass as a Canadian exchange but after some research I can tell you they are not anymore. Last year, they moved their headquarter to Estonia - they "shadow" Bitrue pairs but we need to dig further why they do that - they are doing what looks like wash trading with probably their bots. That's probably the reason they locked our account and probably the reason they will liquidate part of our account. - they are the same team behind Sologenic (SOLO) We are so disapointed and angry at their attitude, but we will have our lawyers on this case until resolution. After Coinsquare wash trading fine last summer, there's not many Canadian Exchanges left to go to. We were duped! More coming.
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Socials Website: https://xrpl.to Twitter: https://twittter.com/xrplto Facebook: https://www.facebook.com/xrpl.to/ Instagram: https://instagram.com/xrplto Medium: https://medium.com/@XRPL.to About Description: XRPL.to is a one-stop gateway into the XRPL ecosystem. Enjoy an easy to use UI to keep track of XRPL tokens volume, market cap rankings, charts, setting trustlines and more! Our mission is to make tokens on the XRP Ledger discoverable and efficient globally by empowering retail XRP users with unbiased, high-quality, and accurate information for drawing their informed conclusions. XRPL.to reports on the trading activities of all tokens on the XRPL DEX in real time. XRPL.to is also fully decentralized as it uses the XRPL DEX and it's simply an interface to facilitate interactions with the XRP Ledger. FAQ What is the criteria for being listed on XRPL.to? All tokens created on the XRP Ledger DEX get listed automatically on the app. Which wallets does XRPL.to currently support. We currently have XUMM Wallet integrated and plan to support more XRP wallets in the future. Is XRPL.to FREE to use? Yes, our app is free for everyone to enjoy. Can I trade XRPL tokens on XRPL.to Yes, XRPL.to currently has a trading interface that you may use to trade XRPL tokens using the DEX. Do you offer an API for your data? Yes! Check out the https://xrpl.to API. Why are you listing [insert random Token]? It's clearly a scam! Nearly every cryptocurrency/token has been called a scam at some point in its lifetime. We're not here to judge the merits of any tokens, but we provide the best tools for you to make your own conclusions. If anyone has any questions or feedback please comment below. XRPL.to
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I just minted on the Sologenic NFT marketplace. This was my experience and some of what I minted. The collection I minted is called XRP Community Guys. It is a picture collection, and the process was mostly smooth. In order to mint you need to burn 3 solo tokens and need to create a trustline on the ledger for each NFT. You need to burn 3 solo tokens before you upload each NFT and at the end of the process, you create a trustline for each NFT. At the end of the day it is about $3.80 per NFT. Extremely inexpensive compared to whats out there, and I think it will be cheaper once there is an xls-20 upgrade to the ledger. Ran in to some issues minting another project, but I'll get to that in a moment. In the meantime here is some NFTs from the collection I minted. However, I had some issues with another project I minted, whis is this one right here: https://sologenic.org/nfts/rPq51bYQ8QqGqYrazQvppnPxhY328f6X8U Here is a GIF from the project: When I link this to XRPchat you can watch the whole GIF, but in the sologenic site, it gets cut off in the middle and restarts unless you click it to full screen. The second NFT is a video NFT. I worked on the graphics for this video for hours, but the graphics dont show on the Sologenic website unless you are using a physical desktop computer. If you are using a mobile device, even if you choose to display the desktop site in you mobile browser, it still won't show the graphics, and will only play audio, and for this type of video, audio alone is pointless. This is the link, but it's an absolute waste if your not using a desktop: https://sologenic.org/nfts/rPq51bYQ8QqGqYrazQvppnPxhY328f6X8U/023031516D6573454E4654343132323600000000?network=mainnet I will probably have to delete this video and gif NFT, and repost it when things are working better on the site. I reached out to Sologenic and it has not been resolved, but to be fair, they're starting out, so it may take some time for some things to be resolved. Still, the picture NFTs were pretty much a breeze to go through. Good luck on anyone else minting!
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For developers working on the XRPL I wanted to share an interesting project that started some months ago running on the ethereum blockchain and that one can figure it could be a vary valuable concept to transpose to the XRP ledger. The project’s name is vether (https://vetherasset.org/) “Vether is designed to be a store-of-value with properties of strict scarcity, unforgeable costliness and a fixed emission schedule. Vether mimics characteristics of Bitcoin, where miners compete to expend capital to acquire newly-minted coins and chase ever-decreasing margins. Instead of expending capital, Vether participants compete to purchase it by destroying capital on-chain. As a result, all units of Vether are acquired at-cost and by anyone. This mechanism is called Proof-of-Value.” There is a daily emission of vether (currently at only 2080 coins) that participants acquire them by burning ethereum (so deflating the circulating ethereum in existence). Daily burn acquisition is fair because its emission of value is pooled out of the number of participants for that day (e.g. if you burn 1 eth, and you are the single participant, you receive all its 2080 vether for that day; however if 10 participants with 1 eth each enter (burn them), you receive 10% of that pool [i.e. 208 vether]). A day is 23hours and 30min and halving occurs every 244 days. The first halving is expected for 5 January 2021. The “secret” to acquire vether is continuously daily burning of 1 to 2eth, because the protocol decreases proportionally with potential vether if one decides to burn 5 to 10 eth in one go. In other words, to obtain vether’s daily emission, burning 5 eth in one go is not the same as burning 5x one single ethereum. What if something along the lines could be developed into the XRPledger? So (1) burn XRP to mint this daily coin, but with another add-on (2) part of the proceedings for the “burning” instead of being burnt are sent to an escrow to fund XRP validators? So something like 80% of XRP directly burnt and 20% to pay XRP validators. After some days and weeks of daily emission of this new “burnt”-derived XRP (Let us call it bXRP for now), participants either wait for daily emission of burning (to acquire bXRP) or decide to trade (buy) the existing (circulating) ones out of the XRP DEX (bXRP/XRP). In other words, participants that already acquired burnt (daily) XRP from previous days can trade them (sell) for XRP. The emission in vether is scheduled to run for 10 years. What advantages would this new “burnt”-derived XRP be good for? First, bXRP could be a store of value coin (because it is in low and with fixed supply; maybe 1 million coins, 21 million coins?) minted at cost by burning XRP. Second, deflating further the supply of circulating XRP because it is needed to acquire bXRP. Ok long-term potencial of bXRP, into defi projects. The above example of vether is to sub-serve a new upcoming Defi project called Vader. Vader Pools (the new Defi) 1 Vether Burned = 1 Vader (you need to then burn vether to obtain Vader; so one burns initially ethereum to obtain vether, and then vether supply is burnt to obtain Vader) “VADER is a new form of liquidity protocol that seeks to be self-serving. It uses its own liquidity and awareness of asset purchasing power to support virtual assets, as well as lending and derivatives. It has a fair and transparent liquidity incentive strategy to maximise the depth of liquidity pools and the creation of virtual assets. It uses a liquidity-sensitive fee to ensure safe and sustainable creation of debt.” In many ways, such a proposal would be similar to the current Flare network, for those current familiar with the process (but with a few [burning] differences: a) XRP collateral served to obtain FXRP to acquire spark. b) Ethereum burnt to obtain vether, and vether burnt to acquire Vader. I think of such a minted/burnt at cost XRP-derived coin could (1) enhance the decentralization of the XRP ledger (stimulation new/ongoing XRP validators by funding), (2) provide interoperability with other XRP networks (like Flare networks; e.g. directly trading bXRP with spark or burn bXRP to obtain spark) [maybe have some people from Flare looking into this forum post?]), (3) reduce the supply of XRP further, (4) in the process increasing XRP liquidity with this burnt-at-cost model to obtain bXRP which is traded in the XRP DEX (and other exchanges) and (5) in the process create a real store of value with much lower supply and much better initial distribution model of a token than XRP ever had since its inception. For developers operating the XRP ledger, researching and looking out for potential positive projects, maybe such potential is worth brainstorming about? Vether’s white paper (3 pages long and reads well; highly advisable to read): https://vetherasset.org/whitepaper Vader’s white paper is currently hidden; this is because it was recently carbon copied by another project (the Spartan Project) that recently launched in the binance chain. Since then the white paper draft is offline (but maybe you can get ideas of Vader from the copied Spartan protocol https://medium.com/spartanprotocol/announcing-the-spartan-protocol-e15af93a8a8f) Cheers.
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SOLO is available to buy at the fixed price of 0.25 USDT per SOLO. Sale ends Feb 25th. Available at CoinField: https://account.coinfield.com/accounts/sign_in/?utm_source=SOLOTwitterFeb18&utm_campaign=SOLO-IEO-live-Feb18_medium=SOLOTwitter-post-Feb18
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Calling all developers 👨💻👩💻 CoinField is offering a new incentive program for Open Source Developers! "...developers around the world will be encouraged to participate and create new open source projects built on top of the XRP ledger." 💻 The project: Sologenic is an ecosystem that was developed by CoinField Exchange in 2019. The aim of Sologenic is to build the bridge between cryptocurrencies and traditional financial markets by allowing traders to instantly trade stocks, ETFs and cryptocurrencies, making CoinField a one-stop-shop for all your trading needs. Within the Sologenic ecosystem, there are three main components: Tokenize/Trade Sologenic’s native token (SOLO), is used in order to buy or sell up to 30,000 stocks & ETFs from the top 25 global stock exchanges, instantly over the XRP ledger. For example, if a client wants to buy a share of TSLA stock they can execute the trade, the third party broker will hold the stock in a trust, and Sologenic’s ecosystem will instantly tokenize your asset, backing it 1:1, reflecting the price of the asset. Spend Instantly spend your crypto anywhere in the world in real-time with the FREE Sologenic Crypto Card. We offer 4 tiers of cards based on the amount of SOLO you hold in your wallet, They offer a variety of different perks such as monthly rebates, airport lounge access & discounts. Earn Earn with the Liquidity Provider Reward Program (LPRP) SOLO holders have the option to participate in the LPRP program and earn up to 20% in rewards annually. For detailed information about the Sologenic Ecosystem please read the white paper on www.sologenic.com Sign up here 👉 http://ow.ly/d1NC50xs1V8 Press Release👇 http://ow.ly/eroq50xs1V6
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Allow me to highlight today's Daily XRP Brief: So what about Sologenic? It's the new bull on Wall Street, says one analyst. It's Plus Ripple solving the global liquidity trap - and trader CryptHawk nailed the recent XRP moves to the cent, quite amazing. This and more in today's Daily XRP Brief.
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