TXT Token Whitepaper

01

Introduction

TextRP is a communication platform designed to revolutionize the way users engage in messaging and digital interactions by integrating blockchain technology. Built on the XRP Ledger (XRPL), TextRP offers users secure, fast, and scalable messaging services across multiple networks and platforms.

TextRP bridges traditional messaging and decentralized technology, providing users with unique opportunities to engage with NFTs, DeFi, and other blockchain-based innovations. The platform fosters a digital ecosystem that rewards users for meaningful engagement while providing an efficient and privacy-focused communication tool.

At the heart of this ecosystem is the $TXT token, which powers the reward system and enables users to unlock features, purchase services, and participate in the broader decentralized economy.

Problem Statement

Traditional messaging platforms do not provide users with tangible rewards for engagement and offer limited utility beyond basic communication. They are often centralized, leading to concerns around data privacy, lack of transparency, and high operational costs.

🔒

ENCRYPTED MESSAGING

Wallet-to-wallet communication with end-to-end encryption across platforms.

📥

UNIFIED INBOX

Consolidates messages from many platforms into one inbox for convenience.

🏆

ENGAGEMENT REWARDS

Users earn $TXT tokens for activity, creating a sustainable incentive structure.

🌐

DEFI & NFT ACCESS

Interact with digital assets and financial activities directly within the platform.

mCredits: Account-Based Interaction Units

TextRP operates with mCredits—internal units that track user interactions. Unlike $TXT, mCredits are non-currency interaction units that regulate activity by managing the consumption of messaging and engagement services.

How mCredits Work

Users purchase mCredits using $TXT, $XRP, or fiat currency. Every message sent or widget interaction consumes mCredits. Users receive bonus mCredits when purchased with $TXT tokens.

The Role of $TXT

The $TXT token is central to the TextRP ecosystem, acting as both a reward currency and a utility token. It drives engagement, encourages participation, and powers the platform's economic infrastructure.

02

$TXT Token Overview

The $TXT token is the core utility and reward currency within the TextRP platform. Its primary function is to drive user engagement and activity, creating a seamless and incentivized ecosystem.

ENGAGEMENT REWARDS

Earn $TXT for messaging, widgets, cross-platform messaging, and platform features.

PLATFORM UTILITY

Buy mCredits with $TXT for more value. Use for gifting, tipping, or in-chat payments.

TANGIBLES

Spend $TXT on merchandise from TextRP and partner stores, or custom solutions.

DEFI & GOVERNANCE

AMM liquidity pools, yield rewards, and community governance voting.

Token Supply & Allocation

The total supply of $TXT tokens is capped at 100 billion, with a careful allocation strategy designed to support growth and sustainability.

0BILLION $TXT

35% Chat Rewards

15% Development

15% Marketing, PR & KOLs

15% AMM Yield Rewards

10% Airdrop (LP NFT Holders)

7.5% Core Contributors

7.5% Liquidity Provisioning

03

Chat Reward Distribution

Real-time Rewards

All $TXT minted from engagement is paid out immediately:

TextRP Chat: Every 24 hours at 12:00 AM GMT (batch payout of accumulated rewards).

TextRP Live!: At the end of each live stream session (instant XRPL transfer to creator + viewers).

Engagement Value

Platform actions consume mCredits and instantly mint $TXT at the current live rate (updated every 60 seconds):

In-App Messages • Live Stream Emoji reactions • Bridged Messaging • Widget Interactions

Every mCredit spent on an action mints real $TXT directly from the depleting reward pool, creating immediate, ownable value from personal attention.

Rolling 24-Hour Distribution

The total reward pool releases the tiered percentage of its current balance continuously over a rolling 24-hour window. This creates a smooth, always-on flow of new $TXT while preserving the growth-based scarcity structure.

This model delivers continuous, real-time tokenization of engagement across Live and messaging—providing instant feedback in Live and reliable daily rewards in chat.

04

Launch Pack NFTs

Launch Pack NFTs (LPs) are the cornerstone of TextRP's tokenized ecosystem, enabling users to unlock and amplify their experience. These limited-edition NFTs on the XRPL provide multifaceted utility.

0

LIMITED SUPPLY

4x

MAX MULTIPLIER (3 LPs)

50%

EXTRA WEIGHT (1 LP)

Utility & Benefits

Access to Features: LPs serve as access tokens granting advanced functionality and exclusive benefits.

Reward Multiplier: Hold 1 LP for 50% more weight, 2 for 2x, 3 for 4x. No limit to LPs held.

Airdrops: LP holders receive Feature Pack NFTs with each new release.

Community: Unlocks tiered roles, early access, giveaways, and alpha-testing privileges.

Purchase of Launch Packs is not required for use of TextRP or Chat Rewards. Visit lpguide.textrp.io for details.

05

Long-Term Sustainability

To maintain value and scarcity, TextRP employs a token burn on unallocated chat reward tokens and a tiered reward reduction system that aligns distribution with user growth.

Tiered Reward Distribution

The reward distribution percentage decreases as the platform grows:

0.01%

<100K

0.0075%

100K

0.005%

250K

0.0025%

500K

0.001%

1M

Early adopters are rewarded more generously. As the platform grows, distribution decreases, making $TXT more scarce and preserving long-term value. The reward pool is designed to last for several decades.

$TXT Revenue Allocation

On-ledger $TXT received for mCredits purchases:

Burned

50%

Company Ops

25%

LP NFT Pool

10%

Charity Fund

10%

Operations

5%

TIERED REDUCTIONS

Distribution adjusts based on user base, reducing new issuance as the platform grows.

PROPORTIONAL REWARDS

Only active users earn tokens, preventing accumulation by inactive accounts.

ADJUSTABLE CAPS

Caps on activities prevent gaming of rewards through excessive engagement.

06

Token Utility & Ecosystem

The $TXT token provides a wide range of utilities that incentivize user engagement and drive the platform's ecosystem.

01

Platform Services

Purchase mCredits with $TXT for more value than XRP or fiat. mCredits power all messaging, widget interactions, and platform activities.

02

Feature Pack NFTs

Unlock exclusive functionalities and customizations. Discounted purchases using $TXT for premium communication tools and personalized chat.

03

Merchandise

Digital and physical merchandise from TextRP and partner brands. Bridges the digital and physical realms through token utility.

04

Liquidity Pools

Stake $TXT in AMM liquidity pools for passive income. Connected to the broader DeFi ecosystem for decentralized yield earning.

05

Payments

In-chat gifting, tipping, and payment settlement. Tip content creators and community leaders to foster a peer-to-peer economy.

06

NFT Trading

P2P NFT trading widget for trading and transferring NFTs between chat participants with zero trading fees.

07

Governance

Vote on AMM pairs (e.g. $TXT/EURO, $TXT/$RLUSD), platform features, and liquidity strategies. Encourages long-term holding.

Community Participation

USER-CREATED CONTENT

Create tutorials, organize events, provide technical support. Earn $TXT through community tipping or platform-sponsored initiatives.

COLLABORATIVE DEVELOPMENT

Open-source collaboration, hackathons, and developer challenges with rewards for impactful tools and features.

COMMUNITY EVENTS

Contests, challenges, and collaborative initiatives. Earn mCredits, $TXT tokens, NFTs, or exclusive platform perks.

AMBASSADOR PROGRAM

Brand ambassadors earn rewards for growing the platform: exclusive access, NFTs, and higher $TXT rewards.

07

Roadmap & Future Outlook

TextRP has rapidly established itself as a pioneering unified messaging platform on the XRPL, bridging Web2 and Web3 communications with wallet-based identity, end-to-end encryption, and seamless token utility.

Key Accomplishments

2nd

RIPPLE HACKATHON 2023

1st

SHARK TANK @ XRPL LAS VEGAS

0

WALLETS ONBOARDED

PRODUCT LAUNCHES

XRP Wallet Messenger extension • ChatPay (send XRP/tokens via chat) • P2P NFT trading • Native room token-gating

PARTNERSHIPS

OpulenceX integration for TXT/XRP liquidity pool yield farming • NFT staking rewards • Public appearances and interviews

2026 Roadmap

Q1: Multi-Wallet Access

Enhanced wallet connectivity and multi-wallet management capabilities.

Q1-Q2: AMM Yield Rewards

Launch of AMM-based yield rewards for $TXT liquidity providers.

Q2: Merchandise Store

Digital and physical merchandise purchasable with $TXT tokens.

Q2-Q3: B2B Services

Enterprise communication solutions built on TextRP infrastructure.

Q3: Live Streaming

TextRP Live! with real-time $TXT rewards for creators and viewers.

Q3-Q4: Native Mobile Apps

iOS and Android native applications for the TextRP platform.

Q4: Reward Engine Online

Full deployment of the $TXT chat reward distribution engine.

Ongoing: Platform Bridges

Additional platform bridges and beta development refinement.

Expanding the Ecosystem

EXPANDED GOVERNANCE

Broader decision-making: tokenomics direction, strategic partnerships, and feature rollouts.

CROSS-PLATFORM UTILITY

Interoperability with other blockchain ecosystems. Spend or earn $TXT across applications.

ENHANCED NFT ECOSYSTEM

Expanded NFT marketplace with customizable assets, membership tokens, and premium services.

DEFI INTEGRATION

Deeper integration with DeFi protocols for yield farming, staking, and liquidity provision.

TextRP aims to position itself as a leader in decentralized communication—a secure, privacy-focused, and reward-driven messaging platform redefining how users interact in a digital, decentralized world.

08

Legal Disclosure & Disclaimers

This whitepaper is provided solely for informational purposes and does not constitute an offer to sell, a solicitation to buy, or a recommendation for investment. The information contained herein is subject to change without notice and does not bind TextRP or its affiliated entities in any way. Prospective participants are advised to seek independent professional advice before making any financial, legal, or investment decisions.

The $TXT token is designed as a utility token intended for use within the TextRP platform. It is not a security, financial instrument, or investment product, and does not confer ownership, equity, or rights to profits or decision-making in TextRP or its affiliated entities. Any perceived value of $TXT tokens arises solely from their use within the TextRP ecosystem.

This whitepaper does not represent a public offering or solicitation to purchase $TXT tokens. Any future distribution or sale of tokens will comply with applicable laws and regulations. Users should not purchase or hold $TXT tokens with the expectation of profit or gains derived from the efforts of others.

The $TXT token's primary purpose is to facilitate engagement and activities within the TextRP platform. The availability of $TXT tokens for purchase, trade, or exchange on external markets is not guaranteed. Any future token sale or exchange listings will adhere to local regulations and may require participants to complete identity verification through KYC and AML processes.

The cryptocurrency market is highly volatile. The value of $TXT tokens may fluctuate due to changes in market conditions, user adoption, or other unforeseen factors. TextRP does not guarantee the value or stability of $TXT tokens and assumes no liability for losses resulting from market volatility.

The regulatory environment for blockchain and cryptocurrency is constantly evolving. Laws and regulations may change, potentially impacting the operation of TextRP or the utility of $TXT tokens. TextRP relies on blockchain technology, which is subject to technical risks, including vulnerabilities, hacking, and unforeseen operational challenges. TextRP makes no guarantees regarding the platform's continuous availability, security, or performance.

Participants are solely responsible for safeguarding their tokens, private keys, and associated accounts. TextRP assumes no liability for losses resulting from user error, third-party actions, or platform downtime. Use of $TXT tokens may be restricted in jurisdictions where blockchain or cryptocurrency activities are prohibited. Users are responsible for determining and complying with the laws of their respective jurisdictions, including any tax obligations arising from the acquisition, ownership, or use of $TXT tokens.

This whitepaper may contain forward-looking statements regarding TextRP's future plans, objectives, and projections. These statements are not guarantees of performance and are subject to risks and uncertainties. TextRP reserves the right to modify or discontinue any part of the platform without prior notice.

TextRP and its affiliated entities do not guarantee the success, performance, or value of $TXT tokens or the TextRP platform. Under no circumstances shall TextRP be held liable for any losses, damages, or claims arising out of participation in the platform, including but not limited to:

• Loss of funds or tokens.
• Platform outages or failures.
• Regulatory changes affecting token use or availability.

TextRP reserves the right to revise, update, or amend this whitepaper at its discretion to reflect changes in business strategy, market conditions, or regulatory requirements. Participants are encouraged to review the latest version of the whitepaper for up-to-date information.

This whitepaper, including its text, tokenomics design, and all other related content, is the intellectual property of Xurge Digital Lab LLC. It is protected under international copyright laws. © 2024 Xurge Digital Lab LLC. All rights reserved.

No part of this whitepaper may be copied, reproduced, distributed, or transmitted in any form, whether electronically or mechanically, for commercial purposes without the express written permission of Xurge Digital Lab LLC. Unauthorized use, reproduction, or distribution of this document or any of its components is strictly prohibited and may result in legal action.

TextCoin ($TXT)