A token and NFT project for the XRPL Community
Show your COLORS!
About COLORS
COLORS is an token and NFT project based on the 16,777,216 different colors in the RGB Spectrum. Powered by the XRPL and eventual support of XLS-20, COLORS hopes to bring NFTs to millions of XRPL users. 16,777,216 NFTs in total each representing a color of the RGB Spectrum.
NFT Project (in development and subject to change):
The COLORS development team plans on minting 16,777,216 NFTs on the XRPL after XLS-20 (Native Non-Fungible token support on the XRP Ledger) is enabled.
1 NFT per 10,000 COLORS will be dropped to all eligible wallets to kick off the NFT ecosystem. For those who were dropped 100,000 COLORS in Airdrop #1 that means 10 NFTs just for holding the free Airdrop! Additional Airdrops will allow for more, no cost, NFT ownership! Stay tuned!
All NFTs not distributed to COLORS holders will be available for purchase. With 16,777,216 NFTs and 16,777,216,000 COLORS tokens in existence, the initial price will start at 1,000 COLORS and increase for higher tiers (more on this soon!)
Here's a few examples of how we envision interacting with the COLORS NFTs:
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The Beginner: wants to get into the NFT community and is unfamiliar with the ecosystem. COLORS makes owning an NFT easy at low or no cost and allows users to learn about all things NFT!
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The Collector: Like a specific COLOR? Maybe a sports teams color? Theme of your wedding? or simply your Favorites! Via the NFT marketplace a user could seek out an bid for/purchase the color of their choosing.
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The Trader: users who use buy and sell NFTs in an attempt to acquire more valuable NFTs as dictated by the market.
COLORS Addresses
Issuer
r4R8yypDDRZjBBLsUmT3KNusmVPYs5YqSV
Reserve Wallet
rhq6jtWCkTZgmVWFgM89oTSnLWVQ9vLpFN
Airdrop Wallet
rnrGwnkAbviwjBtsoGSPVFqJWreu2EQSNS
Tokenomics
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Total Supply: 16,777,216,000 COLORS
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Reserve (50%): Held for anything and everything - future distribution, liquidity, giveaways, sold, burned, etc.
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Airdrops (30%)
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Airdrop #1: 10% or 100,000 COLORS to each GlobaliD Verified TrustLine at the time of the snapshot. No holding required. Max distribution 16,777 TrustLines.
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Airdrop #2: 10% of the total supply will be dropped to all that hold a minimum of 100,000 COLORS evenly distributed between eligible TrustLines.
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Airdrop #3: 10% of the total supply will be dropped to all that hold a minimum of (TBD) COLORS evenly distributed between eligible TrustLines.
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Available for purchase: 10% will be available for purchase via Sologenic DEX
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Creators: 10%
IMPORTANT INFORMATION!
In order to be eligible for the Airdrops your wallet with the COLORS TrustLine must be GlobaliD verified. However, the tool we are using for Airdrops is not perfect and will sometimes miss verified accounts. To ensure your address is included, taking the extra step to verify with ARDY highly encouraged. Follow the links below for GlobaliD and ARDY verification
GlobaliD: https://global.id/
ARDY: https://strategyengine.one/#/globalidverification
