Token Launchpad 🚀

Whether you're a business wanting to launch a customer loyalty token or a crypto degen looking to issue the next big memecoin the BITx XRPL Token Launchpad is for you. While other XRP ledger token launchpads demand opportunistic fees to launch, require unreasonable amounts of initial liquidity or impractical amounts of your token in return we do none of those things. It takes less than 5 minutes and costs less than 6 XRP to issue your new token and we send you 99.5% of your token supply straight away, just 0.5% of your new token is used to create a $BITx/YourToken AMM pool and this small amount of liquidity will be locked forever by blackholing the wallet holding the LP tokens.

FAQs

Q: Does it really cost less than 6 XRP?
A: Yes! if you already have an active, self-custody XRPL wallet (if you don't have such a wallet you'll need to factor in just 1 more XRP to active your wallet, we recommend Xaman), you'll need to send 5 XRP to our wallet as part of the issuing process and an additional amount (less than 1 XRP) is needed to pay standard ledger transaction fees and ledger reserve amounts.

Q: Is launching a token using your tool safe and secure?
A: Yes, we only require your public wallet address, at no point will we ask for your secret key (never share your wallet secret key with anyone!). During the issuing process we use some of the 5 XRP you send us to activate another wallet which will be the official token 'issuing wallet', the secret key for this issuing wallet is only ever held in temporary server memory during the issuing process (we couldn't get the key if we wanted to) and since the issuing wallet will be blackholed during the process there's absolutely no way to access the wallet again for any purpose.

Q: 5 minutes is all the time it takes?
A: Yes, if you have everything you need to hand (your wallet app, active wallet address with 6 available XRP and a web-browser) then follow the instructions carefully the whole process should take less than 5 minutes! The easiest way to complete the process is to use the Xaman mobile wallet app whilst you're sat infront of a desktop or laptop web browser. Note: If you take too long to complete the steps or you enter incorrect information the whole process will time out and you will lose your XRP.

Q: What is the $BITx AMM pool thing all about?
A: The BITx team always works to progress our mission concerning the $BITx token, as part of that mission we want to keep growing its ecosystem and creating BITx AMM pools as part of new token launches is a great way for us to do just that. It uses a very small 0.5% of your new token supply but it goes a long way for us in keeping $BITx relevant on an ever growing ledger. It can be seen as a positive for your new token as well, creating that first (locked liquidity) visible AMM pool and seed of liquidity, perhaps other $BITx community members will see it and provide their own tokens as liquidity!

Q: Anything else I need to know?
A: Just a few things: Think carefully about your chosen token ticker name and total max supply as once the issuance is complete these cannot ever be changed so don't make any mistakes at the first step. Also, you need to be aware that our tool does not 'yet' support setting a domain for the token issuing wallet, this means you won't be able to make use of the XRPL toml file. Lastly, this tool is designed to create a standard, fixed supply token on the XRP Ledger (just like the majority of all memecoins on the XRPL), there will be no freeze, clawback or other more exotic functionalities available for the token.

What are you waiting for? Go to the Launchpad! 🚀

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