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First batch of XRP ready for claiming

Reserve Token Redistribution Open for Registration

We provide you with yet another exceptional news, a month after the monumental decision, that can absolutely have substantial ramifications for crypto industry developers, securities specialists, and numerous of investors and token holders alike. The U.S. District Court for the Southern District of New York announced the long-awaited verdict in SEC v. Ripple Labs, expressing the fact that the XRP token is not a security and should not be regarded as such by the overseeing authority. Following this resolution, Ripple Labs and the Ripple Foundation accelerated the given task and went on to rollout half of the total frozen tokens, from escrow, in a timeframe of 24 months. Large amounts of XRP will enter the liquidity pool to be dispatched to members of our community, in the Token Allocation Program.

The reserve is ready to be claimed in 7 days, with high addition percentages, as a boost awarded directly to the platform's users, private investors, and other ecosystem participants. All accounts were recorded grants to have a clear view of the prerequisites and metrics in the allocation event. Taking into consideration these attributes, such as account seniority, activity loads, trading, and overall network involvement, the add-ons start at 15% and reach up to 30% of the submitted address XRP balance. First step is account registration by accessing the Allocation Tool. Check your automated assessment and submit your claim to receive confirmation and tokens.  For simple and fast submissions, increased security, and frictionless operation, we recommend using hardware devices, such as Trezor or Ledger, our tool being optimized for end-to-end encryption with hardware wallet interaction. As the desired result of for the current Foundation initiative is userbase growth and enhanced network use, self-custody and key ownership are compelling requirements, and those claims submitted by accounts linked to centralized exchanges are consequently denied. Community members are able to receive token shares only by creating or importing a private, individual XRP account address. Read the full Insights blog post for all the needed information. Register now

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