What is XQUACKS?
XQUACKS is a newly launched meme coin on the XRPL (XRP Ledger) with a mission to contribute to the growing meme coin innovation. The tokenomics include a total supply of 100 billion XQUACKS, a presale at 0.00001 XRP per token, allocations for liquidity, the XQUACKS team, holder airdrop, and a Zealy community airdrop. The roadmap outlines the presale and Zealy community launch, snapshots in February, and airdrop distributions in February and March. Future plans include launching an NFT collection in March, providing utility to XQUACKS. The disclaimer emphasizes the risks associated with blockchain technology and advises users to conduct their research (DYOR) before investing. Investors should be aware of potential policy, transaction, and technical risks in the volatile market.
Who Are the Founders of XQUACKS?
According to the WIX site, the creator goes by Sergio Torres. Not much information can be found online about Sergio in relation to XQUACKS.
XQUACKS Tokenomics
The XQUACKS tokenomics include a total supply of 100,000,000,000 XQUACKS. The distribution plan is as follows:
Presale: 20% of the token supply is allocated for presale at a rate of 0.00001 XRP per XQUACK.
Liquidity: Another 20% of the tokens are reserved for exchange listings to provide initial liquidity for both Centralized Exchanges (CEX) and Decentralized Exchanges (DEX).
XQUACKS Team: 10% of the token supply is reserved for the XQUACKS team, ensuring the project's continuity and success.
Holder Airdrop: 40% of the token supply is designated for XQUACK holders. A snapshot will be taken randomly in February to determine eligibility for the airdrop.
Zealy Airdrop: 10% of the tokens will be distributed to the Zealy community based on completing quests. Participants must complete at least 50% of the quests to be eligible for the airdrop.
Future Drops: XQUACKS holders will receive future meme Non-Fungible Token (NFT) drops and special access to upcoming communities.
These tokenomics aim to establish a distribution plan that involves the community, provides liquidity for trading, and rewards long-term holders with additional benefits.