Why the XRP Ledger?
We have chosen to mainly focus on the XRP Ledger (XRPL), an open-source, decentralized blockchain network launched in 2012. Our decision is rooted not only in its desirable properties—lightning-fast transactions, low costs, high scalability, energy efficiency, decentralization, and a proven track record of over a decade—but also in the significant unexplored potential that we aim to unlock. Additionally, our commitment to the XRPL is reinforced by our firsthand experience as users and community members of XRP since 2016, which gives us unique insights into the network's capabilities and the needs of its user base.
With the XRP Ledger having introduced the first Decentralized Exchange in 2012 and the first network to introduce DeFi features, as well as upcoming developments such as AMMs, lending, decentralized identity, and an EVM sidechain there is a lot of room for growth and an opportunity to attract the billions of dollars worth of XRP that are currently sitting idle. We believe the XRPL is an amazing and underutilized technology; however, due to misinformation, lack of good marketing, and a shortage of apps built on top of it, there is a gap that we want to bridge.
Ultimately, we plan to utilize various technologies and networks to meet all our users' needs. Our goal is to build practical products and apps powered by blockchain technology, making its use as simple as using the internet or any app on your phone. By abstracting blockchain’s complexities, we aim to create a seamless and intuitive user experience.
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