We have issued 10 billion XRmine tokens on the XRP Ledger to get our project started, These will be burnt when accessing our application that will improve the security whilst increasing the scarcity of our supply. Our issuing account rfXMq3BMX2dTzJtG4pnhr49u6sHkVQXpWL has not been black holed as we do not know how in demand this supply will be, Any increase in the supply will be voted for by the community as we aim to bring further innovation to our system after the initial launch.
Our Token has been created on the XRP Ledger the decentralized public block chain led by a global developer community. It’s fast, energy efficient, and reliable. With ease of development, low transaction costs, and a knowledgeable community, it provides us with a strong open-source foundation that will help us create our project.
XRmine was created with one goal in mind and that is to improve the accessibility of the XRP ledger, Our aim is to create an application that will allow users to easily explore tokens on the block chain and acquire them in a unique, entertaining way. Currently there are over 8000 tokens each with projects and use cases that are backed by XRP, however the way these tokens are distributed amongst the community is extremely limited.
The innovation that we want to bring will change the way tokens and other assets are moved around on the ledger, as a direct competitor of the airdrop tool we will have many advantages for the issuers and their holders.
No longer will issuers have to do all the hard work involved in airdrops, marketing, setting the requirements, doing the airdrop and dealing with the aftermath. Our new way of distribution will do that for them allowing them to concentrate all of their efforts on the projects they are building.
As a newcomer it can be an extremely difficult experience trying to understand the blockchain technology and set up the trust lines. The aim is to make it as simple as possible so that those who are new, are not jumping between browsers and applications to set everything up. We will share details of the token providers so that users may conduct their research and set the trust line in order to access the mining part of our application.
Our system could eventually remove the need for airdrops freeing up the demand on servers that are currently performing them, echoing ripples efforts of providing green blockchain technology.
