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Balance: 0 TRSRY • Trade
Rank: ? / 21643
Click on QR Image to Sign In

Treasury’s Venture aims to serve as a launchpad for new teams and projects looking to bring their ideas and utility to life on XRP Ledger.

Treasury’s Venture aims to serve as a launchpad for new teams and projects looking to bring their ideas and utility to life on XRP Ledger.

Launching soon. If you have a project idea you are looking for funding for, please fill out the form below. Join our mailing list and follow our socials to be the first to know about any developments with the project.

HOW IT WORKS

New start-up project teams may submit their whitepaper and any other supporting information, which will then go through a vetting process. Once approved, they will enter a monthly (frequency to be confirmed) vote, where holders of $UtiliteX will use their holding to back the project they believe has the best merits and most potential.
 
Supporters can choose to skip certain projects, or they can choose to allocate any amount of $UtiliteX to a certain project, with 1 $UtiliteX counting as 1 vote. The total amount of $UtiliteX committed to the winning project by their voters will be match-funded by the Treasury team and sold for XRP. The winning project will receive their funding in several payments as they reach milestones in their project. Voters who backed the winning project will receive a holding in that new project’s token, worth no less than what their $UtiliteX was worth, and they will receive it ahead of any public airdrops, for free. Any $UtiliteX voted for projects that didn’t win the vote will be returned to the voter’s block. 
 
 

A Launchpad to the Future

This Infographic illustrates how Treasury’s Venture program would work in a practical sense. 

*This Infographic is for illustration purposes only

Submit your Project