Eligibility and Ownership

• Each person may only hold one founder's ticket NFT.
• Ownership will be verified through KYC/B (Know Your Customer/Business) procedures, which will be implemented at a future date. KYC/B is mandatory for all DAO members and future shareholders of the XRP DAO, in compliance with US securities laws.

Purchase and Restrictions

• Purchase and Restrictions The founder's ticket NFT can be purchased for 50 XRP.
• The purchase of the founder's ticket NFT is non-refundable.
• The founder's ticket NFT is non-transferrable.

Usage of the NFT

• The founder's ticket NFT grants the holder eligibility to participate in future events exclusive to NFT ticket holders. These events may include pre-incorporation meetings and a future crowdsale event where the ticket is exchanged for the opportunity to participate in the crowdsale.
• The NFT does not constitute a right to receive any profits, income, or other forms of return.

Funds Collected

• The NFT is offered by CapSign Inc.
• Funds collected through the sale of founder's ticket NFTs are intended to be used to cover the costs of setting up the DAO.
• Any remaining funds after covering the setup costs will be transferred to the DAO.

Legal Disclaimer

This founder's ticket NFT is not an offer to sell or a solicitation of an offer to buy any security. No security will be offered or sold to any person in any jurisdiction where such offer or sale would be unlawful under the securities laws of that jurisdiction.

The content on this website is for informational purposes only and is subject to change.