The XRP Army recently discovered a document that exposed Ripple’s plan to sell only 25% of the XRP supply and allocate the rest for future development.
The document, written by three Ripple employees and Roman Leal from Goldman Sachs, disclosed that Ripple intends to keep 25% of the total XRP supply. Ripple emphasized that only 100 billion XRP tokens will ever be generated according to the network’s design, with the company planning to retain 25% of the total tokens for operational funding and profit generation.
This means that Ripple intends to hold onto 25 billion XRP, currently valued at around $12.5 billion, for internal use. Notably, Ripple has been selling XRP for years and will continue to do so in the coming years. With approximately 4.87 billion XRP in spendable balance and 39.5 billion in escrow, Ripple’s XRP reserve now stands at over 44.36 billion tokens.
Prior to locking up 55 billion XRP in escrow in 2017, Ripple held 61.68 billion in spendable wallets. With around 44.36 billion XRP remaining, it indicates that Ripple has sold over 17 billion XRP over time.
In addition, the document indicates that Ripple plans to distribute the remaining 75% of the XRP supply to incentivize market participants to use its Ripple protocol. This includes providing 75 billion XRP tokens for further development of the XRP ecosystem.
By doing so, Ripple aims to create a demand chain that will potentially increase the value of XRP, considering its limited supply. Currently, there are 55,618,185,850 XRP tokens in circulation.
Published in November 2014, just a few years after the company’s establishment, this document has generated reactions from the community. While some question its relevance due to its age, suggesting that Ripple may have altered its plans since then, others see it as a key insight into Ripple’s long-term strategy.
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