We have blackholed the minting capability for XPM tokens. This means that no new XPM tokens can ever be created, and the supply is now permanently fixed.

We believe this step is crucial for the long-term stability of the token.

Thank you for your continued support and trust in XPMarket. If you have any questions or concerns, feel free to reach out. We’re committed to transparency and building a strong, reliable platform for everyone.

🌸🐝 Auction Alert: Introducing Mimi #090, the Peaceful Healer Ninja Bee! 🌸🐝

Meet Mimi, a common-tier Ninja Bee known for her peaceful nature and healing abilities. Perfect for collectors who appreciate serenity and care within their ranks.

🔗 Place your bid: https://xpmarket.com/nfts/auction/21

Will Mimi bring tranquility to your collection?

Countdown Alert! 🕒

We're on the final stretch for the $XPM launch on XPMarket! With only 3 hours left until our token sale goes live, the excitement is through the roof! 🎉

Here's the scoop:
- Token Price: 0.035 XRP
- Goal: 900K XRP
- Crowdfunding Progress: We've almost hit our goal with 878,755 XRP already pledged!
- Unique Participants: Our community is growing, already surpassing our target with 1,400 participants!

XPMarket is here to revolutionize your DeFi experience, offering a suite of tools for seamless management of your digital assets. 💼

Don't miss out on your chance to be part of something big. Let's push past that hard cap! 🚀

Join us, and let’s make waves in the crypto world together!

https://xpmarket.com/launchpad/ido

Token distribution in progress....

Important Update on Token Distribution Issue

Quick Explanation of the Situation
Our team is currently gathering complete information and investigating the exact reasons behind the issue. At this moment, we can share that during the distribution process, we encountered a set of limitations that led to an inadequate distribution of the tokens. As a result, over 150 million tokens were sold for less than 1 XRP. Since the issuer wallet is blackholed, we cannot freeze these tokens. Therefore, a token swap will be required.

Important Notice
The issue is relatively isolated but poses a long-term risk due to a few individuals who managed to purchase 150 million tokens at an extremely low price. However, all funds raised via the Launchpad are safe and securely held within our team’s wallet. All affected individuals will be compensated accordingly.

Next Steps
- Stop Trading Immediately: Please do not buy or sell any tokens at this time. Keep the exact amount you currently have.
- Token Swap Mechanism: We will implement a token swap mechanism. The old tokens will be burned, and the token migration will last till 27 May.
- Compensation: After the token swap, all individuals who burned the faulty tokens will be issued new tokens. Those, who did not swap during this period, will still get a new token.

We will update the Launchpad page with relevant information shortly. Please, follow our social media and https://xpmarket.com/launchpads for updates.

Thank you for your understanding and cooperation as we work to resolve this issue. If you have any questions or need further assistance, please reach out to our support team.

Dear XRPL Family,

We recently had a technical issue during our IDO where too many XPM tokens were sold, and one wallet ended up with a big amount of tokens for pennies. While this was unexpected, we believe that true strength shows in tough times.

Remember, mistakes happen to anyone who takes action. We are all human, and it’s how we respond that matters. 💪

Now is the time to come together and show what an amazing, strong community we are. Instead of focusing on negatives, let’s support each other and work on a solution. We are planning a token migration from old to new to fix this and make things fair and stable for everyone.

If one of us falls, the rest of us should lend a hand. Let’s use our energy to take positive actions, proving that our community can overcome any obstacle with grace and unity.

Thank you for your understanding and support. Together, we are stronger!

More updates to come in a couple of hours!

Warm regards,
The XPMarket Team

Warning:
Do not trade XPM tokens. As per message above, all trading of XPM tokens must be STOPPED IMMEDIATELY. Token purchased from the DEX after the IDO will not be compensated.

🚨 Important Update for IDO Participants 🚨

We’ve had a technical glitch during the IDO. If you joined, please:

1. Create a new Trustline on https://xpmarket.com/launchpads
2. Burn your legacy XPM tokens (same page)
3. Wait to receive new tokens, which will be sent on 27th May

⚠️ DO NOT trade XPM tokens ⚠️

Thank you for your patience and cooperation! 🙏

Hello,

Thank you all for your patience and support after the recent issue during our IDO. We know you might be worried, but please be assured we’re working very hard to fix everything.

Right now, our team is doing everything to solve the problem and make sure it doesn’t happen again. Please remember to follow the steps we shared before about creating a new Trustline and burning your old XPM tokens. This is really important for the changes we’re making.

We’ll keep you updated as we figure things out. More information will come as soon as we have it. Your understanding means a lot to us during this time.

Thanks again for sticking with us. We’re working fast to get everything back to normal.

Keep an eye out for more news from us.

Best,
The XPMarket Team

Hi everyone,

I wanted to share a quick update about our ongoing efforts to sort out the recent issues we faced. We’re still digging into everything and learning more as we progress. As always, our main focus is you – the people who joined the IDO and our traders.

We’re figuring out the best ways to handle things, and we have a few different options we’re considering. One thing is for sure: IDO participants fully covered and even if you had or traded XPM tokens before we made the official announcement, we’ve got you covered. Even if you decided to sell your tokens in that uncertain period, we’ll adjust the difference. That’s one of the great things about blockchain technology; it provides a clear record, which helps us ensure fairness for everyone.

By this week, you’ll see a new indicator on our Launchpad page. It’ll show you exactly how many tokens you’ll be receiving. We want to make this as clear and straightforward as possible for you.

Thanks for your patience and for sticking with us. We’re on top of it and will keep you updated every step of the way.

Hello everyone,

We wanted to let you know that our entire team has been hard at work addressing the recent issues, and we're nearly at a resolution. Unfortunately, the incident led to a loss of 37k XRP, but we are fully committed to making things right for everyone affected.

Here’s what’s happening next:

All IDO participants and anyone who traded within 4 hours after the IDO who create a trustline for the new token and burn their old tokens will receive new XPM tokens as a replacement. This will happen promptly on Monday at 11 AM UTC. To date, 1,000 wallets have successfully completed this process. However, 34% still need to follow these steps. If you’re unable to complete the process by Monday, don’t worry—you can still claim your new tokens later, and they will be transferred to you on-demand.

Please note that the compensation will be paid out from team's allocation.

Although we had many exciting updates planned for this week, we needed to focus our efforts on resolving this situation first. However, we’re looking forward to sharing the first piece of very good news this coming Monday at noon UTC, with more updates to follow next week.

Starting tomorrow, you can visit the IDO page to see exactly how many new tokens you will receive on Monday.

Thank you for your ongoing support and understanding as we work through these challenges. Your support is invaluable to us.

Stay tuned!

Update:
We are also including trades which have been done via AMM. If you traded via AMM, then your balances will be represented on the dashboard shortly.

Hello XPMarket Community,

As we continue to work towards resolving the recent IDO issues, we want to keep you fully updated and provide you with the tools you need to track your progress. We've added a new feature on our Launchpad page that allows you to see the exact number of tokens you will receive on Monday. This update is part of our commitment to transparency and ensuring that everyone is fairly compensated.

View Your Token Details:
Visit our Launchpad page to see a detailed breakdown of your tokens. This section shows the number of tokens you are entitled to, based on the XRP value that was impacted during the glitch, not just the XPM tokens that were transacted.

What You Will See on the Launchpad Page:
- New Users: If you are new to this process or have yet to complete the necessary steps, you will see action buttons prompting you to Create a New Trustline, Burn Legacy XPM Tokens, and Remove Old Trustline.
- Users Who Have Completed the Steps: For those who have already completed these actions, the page will display green check marks indicating each completed step, as shown in our previous updates. This ensures you can easily confirm that all necessary actions have been taken.

Timeline for Token Distribution:
The tokens are scheduled to be sent out this Monday at 11 AM UTC. Please ensure that you have completed all the required steps by then to receive your tokens without delay.

Thank you for your ongoing support and patience as we sort this out. We understand the importance of this matter and are doing everything in our power to rectify the situation swiftly and efficiently.

Stay connected for more updates, and as always, thank you for being an essential part of our community.

Ladies and gentlemen, as we approach the final day of our current Bee Ninjas auctions, it’s my pleasure to present Nemo, a common-tier Ninja Bee celebrated for its cunning nature and exceptional underwater capabilities.

🔗 Place your bids now, this is your last chance: xpmarket.com/nfts/auction/26

🚨 Important Update: Following today’s auction, we will be temporarily pausing our auction functionality. We are thrilled to announce that we will return with an upgraded NFT auction system, incorporating greater functionality, additional gamification elements, and seamless integration into the $XPM ecosystem.

And the Bee Ninja avatar functionality will be extended further with the next updates.

Don’t miss out on bidding for Nemo, and stay tuned for the exciting developments we have in store for you!

Congratulations to Xumm/Xaman Wallet on their thoughtful decision to monetize their product. We’re moving in a similar direction, but focusing entirely on XPM.

Starting Monday with our token launch, some XPMarket functionalities will be exclusive to token holders or Bee Ninjas NFT holders. Users without tokens will have the option to purchase them quickly from the market. We’ve kept the initial price low as we’re experimenting with the numbers.

This is just the first step in exploring innovative uses for XRPL assets, and there’s more to come soon.

Less than two hours left until XPM tokens are released into circulation! 🎉

If you’re looking to grab some XPM tokens and missed the IDO, you can buy them here on the DEX: https://xpmarket.com/dex/XPM-rXPMxBeefHGxx2K7g5qmmWq3gFsgawkoa/XRP

Oh, and by the way, we’ve got some exciting news dropping in just 3 hours! Stay tuned! 🚀

#XRP #XRPL #XRPHolders

THE COUNTDOWN BEGINS!

XPMarket's Summer Season is launching on June 6th, 2024! 🔥🚀

Mark your calendars and get hyped for an electrifying season packed with NEW community challenges, special perks for XPM token holders, and NFT Bee Ninja avatar holders. This summer, your token count and the tier of your NFT will be your ultimate power-ups!

Prepare for an exciting adventure with more on-chain challenges related to trading and AMM liquidity provision. The XPM token is about to see some serious action. Are you ready to dive in and level up? 💥

Stay tuned for more details and gear up for an epic summer with XPMarket!