πDescription
Last updated
Last updated
Launch Packs enable their holders to fully participate in the highly anticipated TextRP application. These special-issue NFTs, limited to a release of 5,000, will grant access to numerous benefits and mark the next stages of growth for TextRP, which include:
Establishing our brand within the XRPL community.
Outreach and development of a core support community.
Enhancing the development team.
Performing back-end audits and performance enhancements.
Selecting Alpha and Beta testers from within the support community.
Launching the public beta version.
πͺ- Rewards paid in $XRP.
π- Lifetime Subscription NFT with full access to the TextRP app including a private virtual phone number.
π±- 600 free message credits per year.
π₯- Airdrops of all Feature Packs minted by TextRP.
π- Exclusive perks and prizes.
By holding at least one Launch Pack NFT, each XRP wallet address will receive:
A Lifetime Subscription NFT which grants full access to the app (59.88/year value) and 600 bonus messaging credits per year ($19 value),
Airdrop of every new Feature Pack NFT released by TextRP (excluding Discount Packs),
Access to passive income from the Chat Rewards Program,
Airdrops and special access from top-level partnerships.
When the Chat Rewards Program launches, the unsold Launch Packs will be destroyed (βburnedβ).
TextRP will allocate 10% of on-ledger app sales as a royalty to active* accounts on the TextRP app with wallets that hold at least one Launch Pack. Terms apply.
*An account is considered active when the user logs in to the app at least once in a 7-day period.
How it works:
Every on-ledger sale triggers a reward allocation in real-time to all active accounts with wallets that hold at least one Launch Pack, in proportion to the number of Launch Packs each wallet holds.
When the account claims the accrued amount in the user dashboard, TextRP sends the reward amount in XRP to the accountβs XRP wallet address.
For example,
If at the time of program launch 2,500 Launch Packs were purchased, the remaining unsold 2,500 are destroyed. If a wallet holds 100 Launch Packs, its active account accrues 4% of the allocated rewards (100 Launch Packs/ 2500 Packs total in circulation = 4%) If on-ledger sales is 10,000 XRP during a 7-day period, the account earns 40 XRP in rewards during that period (10% allocated to the revenue reward pool = 1,000 XRP. 4% of that = 40 XRP,) assuming the account is active.
Launch Packs will be offered for 200XRP. The pre-sale whitelist members will have the option of purchasing the Launch Packs at a 40% discount.
The Chat Rewards program is expected to launch Q4 2024. Changes in development pace may change this outlook.
