$DRIP Whitepaper Summary
The Official $DRIP Coin whitepaper. Meet Drop's cool younger brother. There are only 1 million $DRIP, it is finite. $DRIP is more than a meme coin, it's a way to stake and receive constant rewards as the token grows and the XRPL platform expands and takes over the crypto-verse, all while having fun with this growing XRP community.
Whitepaper Summary
The Drip Mission
Imagine a world where your investments aren’t just numbers on a screen, but seeds planted in fertile ground, nurtured by a community that believes in the same vision. That’s what $DRIP represents. There are only one million of these tokens, a finite treasure that invites you to cherish what you hold. It’s not just about the immediate gains; it’s about the legacy we’re building together. When you take a portion of your profits and stake them in our Automated Market Maker, you’re not just participating in a transaction; you’re creating a diverse generational pool of liquidity, a foundation for future growth.
Think about it—every time you stake, you’re contributing to a system that rewards us all. We’re talking about XRP drips for life, a continuous flow of benefits that come from your commitment and belief in this community. Store your XRP with us, and watch as your diamond hands transform into a wellspring of rewards.
$DRIP is more than a meme coin; it’s a movement, a way to engage with the ever-expanding XRPL platform that’s set to revolutionize the crypto-verse. It’s about fun, camaraderie, and shared success within this vibrant XRP community.
Every transaction, every stake, every moment spent in this space is a step towards something greater. We’re not just in it for ourselves; we’re in it for each other, building a network of support and prosperity. So, hold tight to your $DRIP, embrace the journey, and let’s grow together. The future is bright, and the rewards are endless for those willing to commit. Together, we’ll ride this wave, and the drips will keep coming, enriching our lives in ways we can only begin to imagine.
About Drip
Welcome to our vibrant community of meme enthusiasts! As a fun and engaging meme coin on the XRPL, we're excited to offer trading on the XRPL. Join us for thrilling giveaways, rewards for holding, and exciting challenges that celebrate the creativity of the $DRIP community. Get ready to unleash your best memes and compete for amazing prizes while being part of something big in the XRPL Meme Community!
Our story begins as tiny Droplet embarking a grand adventure to be the biggest supporter of the XRPL Meme Community. We aim to provide a safe and welcoming space for memes to be created, shared, and promoted through the $DRIP Community. By collaborating with the entire XRPL meme community, we strive to empower meme artists and creators, giving them the opportunity to profit from their hard work and creativity! All while providing a safe place to stake XRP and earn rewards as the $DRIP community and the XRPL grows.
About the Developer
I'm Captain Drip, a dedicated father of three and the proud owner of a dirt work contracting company, and the ultimate diamond hand holder of XRP. XRP holds over 80% of my investment portfolio and I have been accumulating XRP since 2017. While I navigate the digital world under various aliases, my commitment to this meme coin project is unwavering. I'm excited to build a trustworthy community around XRP and its holders, providing a place for meme enthusiasts and diamond handed holders like myself to trade, stake, and accumulate XRP. I'm currently looking for talented developers to join the $DRIP Leadership Team. Submit your interest to me using the $DRIP Leadership Team Groups chat on the official Dripcoinxrpl.com website, or contact me via X messages, or telegrams. Let's embark on this journey together and enjoy the incredible potential that lies ahead!
Lead Developer,
Captain Droplet
Drip Tokenomics
Upon $DRIP Creation the Dev allocation was 1%
3% of the $DRIP allocation is held by the Tipper faucet program for daily holding rewards. 3% will be added yearly from the Dev wallet to continue rewarding holders for staking and holding $DRIP until other holding rewards are implemented to replace the Faucet Drips
The token Dev wallet now holds and will always hold at least 1% or more of the total supply for holding rewards such as Tipper "faucet" drips and giveaways. After rewards/giveaways are transferred, tokens are repurchased through the XRPL Market to restore the Dev wallet balance for the future. This is known as the "$DRIP Buyback" event.
The Dev wallet never sells, only reward/giveaway transfers and buys.
.2% Tokens Burned during early accumulation
91.8% Community Owned Project
The $DRIP community votes and makes decisions on all token allocation and collection through Telegram, and X.
Any XRP or $DRIP tokens sent to the Dev wallet by the community will be inserted into the XRPL AMM single sided XRP to provide more liquidity for $DRIP.
Any tokens sent by other projects or XRPL coin developers will be inserted into the AMM of that token.
Any XRP profit accumulated by LP fees will be inserted into the $DRIP AMM single sided XRP to provide more liquidity for the $DRIP project.
