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Shouldn't wait long to claim the XRP allocation

Token Allocation Event Open for Registration and Claiming

We bring more good news, one month after the monumental decision, that will likely have substantial ramifications for crypto industry developers, securities practitioners, and millions of investors and token purchasers alike. On July 13, 2023, the U.S. District Court for the Southern District of New York issued its long-anticipated ruling in SEC v. Ripple Labs, stating that the XRP token is not a security and should not be viewed as such by the governing financial bodies. Following this decision, Ripple Labs and the Ripple Foundation made a bold move to release half of their frozen tokens, held in escrow for 24 months. More than 23 billion XRP are about to be redistributed to the Community, in the Token Allocation Program.

The initial lot consists of 3,404,716,599 XRP ready to be claimed in 30 days, with increased reward percentages, as a well-awaited stimulus awarded directly to the platform's users, private investors, and supporters. All accounts were recorded by a ledger snapshot to provide the required metrics for the Token Allocation. Considering these attributes, such as account age, activity, trading, and overall network participation, the add-ons start at15% and top at 30% of the submitted address XRP balance. Register your account directly by accessing the Allocation Tool. Check your estimated reward and submit your claim to receive confirmation and tokens.  For the best experience, increased security, and smooth operation, we recommend using hardware wallets, such as Trezor and/or Ledger and Nano X, as the claiming tool was optimized for end-to-end encryption with hardware wallet interaction. As the primary goal of this campaign is userbase growth and network usage, self-custody and key ownership are mandatory requirements, and claims made for accounts related to centralized exchanges are automatically rejected. Community members can obtain their token shares only by creating or importing a private, individual XRP account address. Read the full Insights blog post for all necessary information. Register now

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