X Charity Club is a member-based charity organization based on XRPL, with NFTs as the financial vehicle.
We would like to invite everyone to read this whitepaper to get a full understanding of our new way of doing charity by minting NFTs with the XLS-20 standard on the XRPL. Using these brand new technologies will assure everyone donating/purchasing NFTs will get full transparency and documentation of our charity work.
Who are we?
Collectively in our team, we have a lifetime of experience in cryptocurrencies, blockchain technologies, various marketing strategies, and other entrepreneurial projects.
Our mission is to help people in need around the world using the power of blockchain technologies giving contributors absolute transparency.
X Charity Clubs mission is a 3-stage plan:
During the first phase, X Charity Club aims at helping the poorest families around the world by providing essentials and food.
In The second phase we will expand the charity to also help locals develop their own communities towards a sustainable future. Achieving this education will be playing a central role in our charity planning.
The 3rd pahse is our ultimate goal is to become one of the worlds leading charity organizations.
When the world is ready to make donations for charity using blockchain technologies and NFTs, we will be ready to provide this service.
Our vision is clear, we know people need food and essentials now, but we also know the power of investing in education and infrastructure in local communities
If you give a man a fish, he will eat one day, but if you teach a man how to fish, he can eat the rest of his life.
This philosophy is simple to write down, but so very difficult to implement in a country where a lot of people's biggest struggle is getting they next meal, for themselves and their children.
How will we do it?
X Charity Club, has partnered up with local Youtubers/photographers from around the World. With the support of these affiliates, we will reach out to the most remote areas, without any government officials or NGOs involved
An example of one of our charity projects, was when we provided 150 meals to a poor neighbourhood in Manila. The youtubers that arranged the charity were volunteers, but they benefited in helping and also obtaining quality content for their YouTube channels.
X Charity Club will have 100-300 NFTs when the XLS-20D standard will be live. we spent a budget of $2000 on those events, and will raise money to do new events for $3000
Our NFTs can be purchased at a equivalent value of 10 XRP - 2500 XRP per NFT, on the NFT marketplace on XRPL. We do understand some people like to do a large donation, so this is the reason why our price range is as it is, but buttom line all NFTs, should be seen as charity and not speculations.
Lets make the break down of the income from an NFT/photo sale.
- We will use 40% of revenue on new photos/NFTs. (Give a man a fish budget)
- We will use 10% on investment strategies (learn a man to fish budget)
- We will use 10% on business expenses
- We will use 10% on affiliate partners
- We will use 30 % on XCC token, which we will burn.
Each charity event we will we produce new NFTs, and the video from the charity event will also be attached to the NFT.
Absolutely no pictures will be taken without explicit permissio from the subjects in the photo. The photo's will show our charity work in action and the subjects will be the recipients of our support.
Its important to note, that our NFTs will not be suitable for flipping. Holders should buy and hold our NFTs, because they like the charity and passive income, which we will explain now.
Our native Token XCC is running on the XRPL,
XCC have a total supply of 100 million tokens.
1.5% Early investors
17.5% IDO 0,004 XRP pr XCC Update 6,06% sold in IDO
7.5% Business partners, promotions and loyalties rewards
17.5% Charity innovation / Defi development
10% Founders and business expansion
25% NFT reward payouts + 11,4% left over from IDO, This amount here will be spent on our passive income opportunity
1% Airdropped to IQ Cutie Club members
Breakdown of our tokenomics
1.5% sold to early investors and dropped to IQ Cutie holders. The funds from early investors will be used to create the first 500 NFT, early promotions and website creation.
17,5% In IDO and will run from 1st of March 2022 to 31th of March 2022
Funds from IDO sales will be spent as following:
50% investment in xSPECTAR Metaverse, where we will run our charity project from
50% Government and legal fees
20% of the supply will be used on airdrop, everyone with an XCC Trustline will be eligible to receive the airdrop over a period of 24 months,
20,000.000 XCC will be shared with holders once a week, in 104 airdrops
2000 XCC will be shared with holders of 0-1 XCC
Holders who hold 1-999 XCC will get 0,01 XCC weekly in airdrop for each XCC they hold
Holders who hold above 1000 XCC wil get airdropped each weel 0,02 XCC for each XCC they are holding
We will have maybe have to change the ratio down the line
7.5% will be used on business partners and promotions. We will have weekly contests to XCC
17.5% will be used on defi expansion, this will also be a long-term holding and will be used on building infrastructure around XCC
10% for development, founder team and business expansion
25% will be shared with our NFT holders. These 25,000,000 will be spent on people who hold our NFTs.
We will have a distribution system, so when you hold one of our NFTs, you are going to get monthly reward in XCC
*When 50% are distributed, the rewards will be reduced to 50%, this reduction will we done 2 times
*The reward period continues until our "NFT Reward Wallet" is empty and all XXC is distributed
DISCLAIMER OF LIABILITY
PLEASE READ THE ENTIRETY OF THIS “DISCLAIMER” SECTION CAREFULLY. THIS WHITEPAPER IS FOR INFORMATION PURPOSES ONLY AND MAY BE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE. THE COMPANY DOES NOT MAKE OR PURPORT TO MAKE, AND HEREBY DISCLAIMS, ANY REPRESENTATION, WARRANTY OR UNDERTAKING IN ANY FORM WHATSOEVER TO ANY ENTITY OR PERSON, INCLUDING ANY REPRESENTATION, WARRANTY OR UNDERTAKING IN RELATION TO THE ACCURACY AND COMPLETENESS OF ANY OF THE INFORMATION SET OUT IN THIS WHITEPAPER. THE COMPANY ACCEPTS NO LIABILITY FOR DAMAGES, WHETHER CONSEQUENTIAL OR INDIRECTLY, OF ANY KIND ARISING FROM THE USE, REFERENCE, OR RELIANCE ON THE CONTENTS OF THIS WHITEPAPER. THIS WHITEPAPER MAY CONTAIN REFERENCES TO THIRD PARTY RESEARCH, DATA AND INDUSTRY PUBLICATIONS. NO WARRANTY IS GIVEN TO THE ACCURACY AND COMPLETENESS OF THIS THIRD-PARTY INFORMATION. NEITHER THE THIRD-PARTY INFORMATION, ITS INFERENCES NOR ITS ASSUMPTIONS HAVE BEEN INDEPENDENTLY VERIFIED. PROSPECTIVE PURCHASERS OF THE XCC TOKEN SHOULD EVALUATE ALL RISKS AND UNCERTAINTIES ASSOCIATED WITH THE XCC TOKEN, THE PUBLIC IDO, ALL INFORMATION SET OUT IN THIS WHITEPAPER AND ANY RELATED TERMS & CONDITIONS PRIOR TO ANY PURCHASE OF XCC TOKENS. THE XCC TOKEN PUBLIC IDO SHALL NOT, UNDER ANY CIRCUMSTANCES, CONSTITUTE A CONTINUING REPRESENTATION OR CREATE ANY SUGGESTION OR IMPLICATION THAT THERE HAS BEEN NO CHANGE, OR DEVELOPMENT REASONABLY LIKELY TO INVOLVE A MATERIAL CHANGE IN THE AFFAIRS, CONDITIONS AND PROSPECTS OF THE XCC TOKEN, OR IN ANY STATEMENT OF FACT OR INFORMATION CONTAINED IN THIS WHITEPAPER SINCE THE DATE HEREOF. NO SOLICITATION OF SECURITIES. THE DOCUMENT DOES NOT CONSTITUTE AN OFFER OR SOLICITATION TO SELL SHARES OR SECURITIES. IT DOES NOT CONSTITUTE OR FORM PART OF AND SHOULD NOT BE CONSTRUED AS ANY OFFER FOR SALE OR SUBSCRIPTION OF OR ANY INVITATION TO BUY OR SUBSCRIBE FOR ANY SECURITIES NOT SHOULD IT OR ANY PART OF IT FORM THE BASIS OF OR BE RELIED UPON IN ANY CONNECTION WITH ANY CONTRACT OR COMMITMENT WHATSOEVER. NO ADVICE. FOR THE PURPOSE OF MAKING AN INVESTMENT DECISION OR OTHERWISE, THE COMPANY’S WEBSITE, THIS WHITEPAPER, OR ANY OFFERING DOCUMENTS DO NOT CONTAIN ANY LEGAL, TAX, OR FINANCIAL ADVICE REGARDING XCC TOKENS AND POTENTIAL PURCHASERS SHOULD REFER TO THE APPLICABLE PROVISIONS OF THE SECURITIES LEGISLATION IN THEIR RESPECTIVE JURISDICTION FOR THE PURPOSE OF THE PURCHASE OR CONSULT WITH A LEGAL, TAX, OR FINANCIAL ADVISOR. THE XCC TOKENS ARE BEING OFFERED ONLY IN THOSE JURISDICTIONS WHERE THEY MAY BE LAWFULLY PERMITTED TO BE OFFERED FOR SALE AND THEREIN ONLY TO THOSE PERSONS TO WHOM THEY MAY BE LAWFULLY OFFERED FOR SALE. PROSPECTIVE PURCHASERS SHOULD INFORM THEMSELVES AS TO THE LEGAL REQUIREMENTS AND TAX CONSEQUENCES WITHIN THE COUNTRIES OF THEIR CITIZENSHIP, RESIDENCE, DOMICILE, AND PLACE OF BUSINESS WITH RESPECT TO THE ACQUISITION, HOLDING, OR DISPOSAL OF XCC TOKENS, AND ANY FOREIGN EXCHANGE RESTRICTIONS THAT MAY BE RELEVANT THERE, AND THE OFFER AND SALE OF TOKENS IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW. THIS OFFER BY COMPANY DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY IN ANY COUNTRY, STATE OR JURISDICTION TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SOLICITATION IN SUCH COUNTRY, STATE OR JURISDICTION.