LogoLogo
  • Getting Started
    • Connecting your wallet
    • Account Types
    • Activating your Wallet
  • Whitepaper
    • Introduction
    • Sports Data
    • SocialFi
    • Digital Collectables
      • Minted Moments
      • Sports Stat Mints
      • Digital Signatures
      • Super Likes
    • EQL Token
    • XRP Ledger
    • Governance & Compliance
  • Important Information
    • Terminology
  • Privacy Policy
  • Terms of Use
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On this page
  • Tokenomics
  • Earning EQL
  • Buy EQL
  • Spending EQL
  1. Whitepaper

EQL Token

EQL is a Utility Token referred to as EQL Points and operates exclusively on the EQLX platform.

PreviousSuper LikesNextXRP Ledger

Last updated 1 year ago

EQL is an unlimited supply utility token built on the XRP Ledger. EQL can only be earned and purchased through an activated Wallet on EQLX.

Tokenomics

Earning EQL

Ways to earn
EQL

Upon Activation of EQLX Wallet To unlock web3.0 features of EQLX, a user must deposit at least 11 XRP into their wallet as part of the XRP Ledger reserve requirement. Upon successful deposit and trust-line establishment, a user will receive an airdrop of EQL.

22

Creating a ‘Minted Moment’

10

Creating a 'Sports Stat Mint'

1

Receiving Super Like A Super Like is exchanged & verified within an EQL token transaction.

0.001

Receiving Digital Signature Digital Signatures are exchanged & verified in an EQL Token transaction. The amount of EQL is determined by by the user sending a Digital Signature

User Determined

Buy EQL

EQL can be purchased using XRP exclusively on EQLX at a set price.

1 XRP = 10 EQL

The EQL price is subject to review depending on the market price of XRP

Spending EQL

Ways to spend
EQL

Super Likes

0.001

Digital Signatures The higher the EQL amount, the higher the Digital Signature appears in the signature list.

User Determined

EQLX Marketplace (in development roadmap)

In development