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February 24, 2019, 12:24:13 AM *
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  Summary - gizmoh Picture/Text
Name: gizmoh
Posts: 1435
Activity: 1344
Merit: 1000
Position: Legendary
Date Registered: March 23, 2013, 09:42:54 AM
Last Active: February 23, 2019, 06:19:41 PM

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Local Time: February 24, 2019, 12:24:13 AM

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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"


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