When a Pawn reaches the end of the game board, it can become any piece of its choosing…
The Pawns, the unspoken characters in the grand performance. Narratives point towards the Kings, the Knights, the Puppets, and even Bearable Guy 123, but never a mention of the smallest and most plentiful players in the game. How dare they?! Do we not have a place here?!
Make no mistake, controlling the Pawns is what this is all about. We are all there is… We are everything… We are the prize.
XRPawn Shop shines the light on the most important, yet least referenced character in the show… the Pawns.
About XRPawn Shop
No hype, no secrets, no games… Its very simple.
Low volume on NFT Marketplaces → Opportunity for market makers.
High volume on NFT Marketplaces → Opportunity for Holders / Investors.
We aim to capitalize on both as a foundation for growth.
The world will soon be tokenized right here on the XRPL… and we intend to make those markets.
$PAWN
CA: rEwS2wPQUKQK2r52vpk5jLEzC8c38TjDVC
We are not Kings of this world, but merely Pawns. Alone we are feeble, but together… we stand tall. Defending sovereignty requires strength in numbers, and through $PAWN we reclaim our power to dictate markets, unite under a common cause, and most importantly, earn. $PAWN, issued on the XRPL, shares the same qualities as XRP making it a great tool to leverage on our conquest.
$PAWN is eternal yet disposable. to use it in the ecosystem it will be set aflame as a one time use without the possibility of re-circulation.
Tokenomics
Fair Distribution. Community Rewards. Utility.
Total Supply:
1,000,000
Liquidity Pool:
25%
Airdrop/Giveaways:
25%
Community Rewards:
25%
Protocol Rewards:
25%
Dev Tokens:
0%
What’s The Problem?
Besides them darn Kings…. Read More →
Part 1:
Flippers are prevalent on NFT Marketplaces. You’ll see NFT’s sold well below floor price for reputable collections. They immediately proceed to list the acquired NFT around floor price to make a profit thus building a bigger sell wall that stagnates collection appreciation. This liquidity is usually extracted and removed from the market entirely if it’s not recycled for the same process.
You can’t blame the holders for needing immediate liquidity by selling into these bids, but we can repurpose their intent.
Part 2:
Where can you invest your XRP passively where over time the yield is sustainable and actually makes sense?
- Centralized exchanges rely on the “bank model” subjecting yield limitations to interest rate policies.
- Lending, without complete transparency, suffers the same risks as overleveraged banks lending money they don’t have through fractional reserve lending… just ask anyone involved in Celsius or FTX.
- Liquidity pools carry the risk of impermanent loss.
Fortunately / Unfortunately “free money” as well as higher unsustainable yields are coming to an end. In a hard money system, “secured” yields are low and the only way to obtain substantial yields on your money is through cash flow derived from profitability.
That being said, there are few utility based projects that enable substantial value to pass through to its community.
***Read on the “Debt Rabbit Hole” to see why/how we are returning to a hard money financial system that will bring on a lower yield environment.***
How?
We aim to replace the role of “flippers” as immediate liquidity providers and gain the majority market share of such on top collections.
We use a data driven proprietary matrix to determine XRPawn Shop’s rolling bid price including a laddering feature and a timing mechanism to control the flow of NFT’s being sold into our bids.
Data driven matrix
Factors in collection volume, floor price, frequency of sales, as well as other macro market indicators to ensure a fair yet competitive bid and the ability to ensure gain of equity.
Laddering feature
after each NFT gets sold into our bids, for a short period of time the bid price will decrease to maintain control of our sitting NFT supply and our liquidity. More sales into our bids in a short time frame will result in sharper decreases to our bid price.
Timing Mechanism
waiting period after a bid is accepted in which no further bids can be accepted throughout the duration of the waiting period. The waiting period is designed to expand and contract along with demand and other internal and external market factors to protect from getting flooded with a market-moving amount of supply at once.
By spreading awareness within selected communities, holders can come to us to view an exact price that they can execute at anytime in exchange for their NFT. Bids for NFT’s with higher rarity as well as batches of NFT’s can be negotiated if instant liquidity is needed.
When need be, we will also be on marketplaces seeking opportunities by placing bids among top collections to make sure we are maximizing the use of our XRP. When volume is low in the market, sellers tend to seek out bidders. When volume is high in the market, bidders tend to seek out sellers.
Here’s The Kicker…
Our community will have access to purchase these recently acquired NFT’s at below market value.
Stick around to find out how.
The Result
We capture majority market share of liquidity providers / flippers in the NFT space. We place acquired NFT’s in better hands (community members) at a discount who were already in the market to buy. A yield derived from profitability is redistributed to our holders.
Approved Collections
Join The Community
Road Ahead
Phase 1:
“Opening Day”
Phase 2:
“The Pawn shop and its services”
Phase 3:
“Everything comes full circle”
Issue $PAWN into the ecosystem.Create Marketplace for secondary exchanges.Open the Pawn Shop for business.- Add additional services to the platform.
- Mint NFT collection.
- Uncover utility of $PAWN and NFT’s.
Allocation of Funds
Phase 2:
100% of the revenue will go towards building the treasury and the $PAWN liquidity pool. initially, filling the treasury to an adequate level will be prioritized.
Phase 3:
To be announced at the start of Phase 3. All revenue will be structurally allocated by percentages of the whole.
NFT Mint:
Treasury / $PAWN liquidity pool.
Questions?
Visit us on X.com or join our Telegram group