What is onXRP(OXP)?
OnXRP (OXP) is a cryptocurrency native to the onXRP ecosystem, designed to enhance accessibility and usability on the XRP Ledger(XRPL). This comprehensive ecosystem includes features like an NFT marketplace and launchpad, a competitive gaming module called Maladroids, and an interoperability module (onAVAX) that bridges XRPL assets to the Avalanche Network. OXP serves as a utility token, enabling users to access various ecosystem features and incentives. The project also offers a Platinum Program with exclusive benefits for OXP token holders who meet specific criteria. Additionally, onXRP provides market analysis and insights into cryptocurrency and NFT market trends. Overall, onXRP aims to create a user-friendly and inclusive XRPL ecosystem, particularly focused on NFTs, gaming, and DeFi applications, with OXP as a central component.
Who Are the Founders of onXRP?
Kaj Leroy (Co-Founder & CEO): Kaj is the CEO and co-founder of onXRP. He has a strong belief in the potential of onXRP and has previously founded the largest XRPL NFT project, XPUNKs. Kaj is dedicated to building a sustainable and community-focused platform that introduces innovations to the XRPL.
Bastiaan van Roekel (Co-Founder & COO): Bastiaan serves as the COO of onXRP and is a co-founder of XPUNKs and onXRP. He brings his background in business administration and upscale hotel management to oversee the legal, financial, and operational aspects of the business.
Louis de Jong (Co-Founder & Creative Director): Louis is the Creative Director and Head of Communications at onXRP. He leads the creative direction and business development efforts. With a background in business, civil engineering, and graphic design, Louis aims to make onXRP a prominent blockchain-based platform.
Hendrick ter Harmsel (CTO): Henk, the Chief Technology Officer, is an experienced developer in the crypto space. He has worked with various programming languages and projects over 15 years. Henk is dedicated to building revolutionary technology on the XRPL.
Koen van der Aa (Operational & Community Manager): Koen is responsible for overseeing internal and external stakeholders at onXRP. With a strong background in blockchain technology and business, he brings structure and support to the platform.
What Makes onXRP Unique?
onXRP offers several unique features and attributes that set it apart in the blockchain and cryptocurrency space:
Built on the XRPL: One of the key distinguishing factors is that onXRP is built on the XRP Ledger (XRPL). This blockchain is known for its speed, low transaction costs, and focus on environmental sustainability due to its near-zero carbon emissions. This choice of blockchain sets onXRP apart from many other projects that rely on different blockchains.
Ecosystem Accessibility: onXRP is committed to making blockchain technology accessible to a wide range of users, from beginners to experienced enthusiasts. The platform focuses on providing a seamless and user-friendly experience, reducing barriers to entry into the blockchain space.
NFT Marketplace: onXRP has developed a state-of-the-art NFT marketplace and launchpad. This marketplace offers a smooth trading experience for NFT collectors and creators, with features like whitelisting, random minting, and project support. It also emphasizes user protection and security.
Interoperability with onAVAX: Through its partnership with Swapsicle, onXRP has created onAVAX, an interoperability module that bridges XRPL assets to and from the Avalanche Network. This expands the platform's capabilities and brings cross-chain compatibility.
Utility Token (OXP): onXRP has its native utility token called OXP. OXP is used for various functions within the ecosystem, including participation in the onXRP Platinum Program, incentivizing creators, facilitating DeFi activities, and more. The token is designed to play a central role in the platform's growth and utility.
Focus on Gaming: onXRP recognizes the potential of blockchain technology in the gaming sector and has developed its own game called Maladroids. This competitive game enables players to compete for XRP or OXP tokens and contributes to the growth of the XRPL gaming ecosystem.
Environmental Focus: The XRPL, on which onXRP is built, is known for its low carbon emissions and carbon-neutral ledger. This aligns with the growing emphasis on environmental, social, and governance (ESG) considerations in the blockchain space.
Community Engagement: onXRP places a strong emphasis on community engagement and collaboration. It actively seeks input and involvement from its user base and aims to build a thriving and sustainable community.
These unique features and the platform's commitment to accessibility, sustainability, and user-centric design contribute to what sets onXRP apart from other blockchain projects.
How does onXRP(OXP) work?
onXRP (OXP) is a blockchain ecosystem built on the XRP Ledger (XRPL) with the goal of making blockchain technology accessible and user-friendly. Here's how onXRP works:
Blockchain Foundation: onXRP is built on the XRPL, which is known for its speed, low transaction costs, and environmentally friendly features. XRPL's technology serves as the foundation for onXRP's various modules and activities.
Modular Ecosystem: onXRP is designed as a modular ecosystem with several core modules and functionalities that enhance the XRPL experience. These core modules include:
NFT Marketplace: onXRP's flagship extension is its NFT marketplace, offering a user-friendly platform for trading and minting NFTs. It provides features like whitelisting, random minting, late-reveal minting, and a launchpad for projects.
Trading Module: The trading module offers tools for safe and efficient trading of XRPL tokens. It includes a decentralized exchange (DEX), a token swapping tool, a bridge to the Avalanche Network, and a fiat on-ramp for buying XRP with various payment methods.
Gaming Module: onXRP has ventured into the gaming sector with its game called Maladroids. This competitive game allows players to compete for XRP or OXP tokens, contributing to the growth of XRPL's gaming ecosystem.
Interoperability Module (onAVAX): Through its partnership with Swapsicle, onXRP has created onAVAX, an interoperability module that connects XRPL assets to the Avalanche Network. It includes features like staking, liquidity pools, and an NFT marketplace.
Educational Content: The ecosystem provides educational resources, including articles and podcasts, to help users understand and navigate blockchain technology.
Utility Token (OXP): OXP is onXRP's native utility token. It serves various purposes within the ecosystem, including:
Providing access to the onXRP Platinum Program for holders of 10,000 OXP or more.
Incentivizing creators to contribute value to onXRP and the XRPL.
Facilitating DeFi activities through onAVAX and other modules.
Serving as a payment token on the NFT marketplace.
Community Engagement: onXRP places a strong emphasis on community involvement and collaboration. It actively seeks input and feedback from its user base to improve and expand its offerings.
Environmental Considerations: The XRPL, being the underlying blockchain, is known for its near-zero carbon emissions and carbon-neutral ledger. This aligns with onXRP's commitment to environmental sustainability.
Innovation and Growth: onXRP is committed to introducing innovations and projects from around the world to the XRPL ecosystem. It aims to foster a thriving and sustainable blockchain community.
In summary, onXRP operates as a modular blockchain ecosystem on the XRPL, offering a range of user-friendly tools and modules, including an NFT marketplace, trading capabilities, gaming experiences, and interoperability with the Avalanche Network. The OXP token plays a central role in incentivizing participation and facilitating various activities within the ecosystem, while the XRPL's technological foundation provides speed, efficiency, and environmental sustainability. Community engagement and collaboration are key drivers of onXRP's growth and development.
What purpose does onXRP (OXP) serve?
onXRP (OXP) is a blockchain ecosystem built on the XRP Ledger (XRPL) with a mission to simplify and democratize blockchain technology. It offers a range of modules and features designed to enhance the XRPL experience for users of all levels of expertise. These modules include an NFT marketplace, a trading module with a decentralized exchange (DEX), a gaming module featuring the Maladroids game, and an interoperability module called onAVAX that connects XRPL assets to the Avalanche Network. onXRP's native utility token, OXP, serves multiple purposes within the ecosystem and grants access to the onXRP Platinum Program. The platform is committed to environmental sustainability, and its user-friendly approach aims to make blockchain accessible to all while promoting community engagement and innovation.
The OXP token is the native utility token of the onXRP ecosystem, designed to facilitate various functions within the platform. Here's an overview of its tokenomics:
Ecosystem Utility: OXP serves as an ecosystem-wide utility and access token within the onXRP platform, enabling users to access various features and services.
Platinum Program Access: Holding a minimum of 10,000 OXP tokens makes the holder eligible for the onXRP Platinum Program, which provides special and unique features across the ecosystem. These features may include access to whitelisted launchpad projects and fee reductions.
Incentive for Creators: OXP is used as an incentive for creators and contributors who add value to the onXRP ecosystem. This encourages active participation and engagement within the community.
DeFi Functionality: OXP facilitates decentralized finance (DeFi) activities through the onAVAX interoperability module, allowing users to participate in liquidity provision and yield farming.
NFT Marketplace Payment: OXP serves as a payment token on the onXRP NFT marketplace, allowing users to buy and sell NFTs alongside XRP.
Gaming Utility: OXP is the utility token for the Maladroids game, offering in-game functionality and rewards. It is used for various gaming applications within the ecosystem.
Interoperability: Having its native token provides onXRP with flexibility in designing cross-chain applications, particularly in the domains of DeFi and gaming.
Token Distribution: The total supply of OXP is 250,000,000 tokens. These tokens are distributed among various categories, including strategic partnerships, the onXRP team, liquidity provision, incentive for value creators, IDO (Initial DEX Offering) participants, airdrops to XPUNK and OXP holders, and an expansion vault for organizational expenses and development.
OXP Airdrops: OXP has been airdropped monthly to XPUNK and OXP holders as a way to distribute tokens to the community. These airdrops have been ongoing for over a year, providing a chance for holders to receive additional OXP tokens.
The OXP token plays a crucial role in incentivizing participation, promoting utility, and enhancing the overall user experience within the onXRP ecosystem.
onXRP GmbH, operating as the parent company of the onXRP platform, is officially registered under the identifier CH-170.4.019.545-5. It functions as a limited liability company within the sector specializing in data processing and hosting services.
Read more about onXRP.
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How Many OXP Are There in Circulation?
There is an initial maximum supply of 119,644,075 OXP tokens, of which an estimated 96,638,747 OXP are currently in circulation as of Septermeber 2023.
Where Can You Buy OXP?
onXRP is a token trading on the XRP ledger DEX, the most straight forward way to acquire OXP tokens would be to purchase them through XRPL DEX.
If you are looking for alternative exchanges where you can purchase OXP, Bitrue is a good choice. Keep in mind that investing in cryptocurrency can be risky, just like investing in any other type of asset.
How to stay tuned for further updates?
If you wish to receive more updates about the onXRP ecosystem, we suggest you follow @onxrpdotcom on Twitter.