IPCS: The First Standard Token Based on the XRC-20 Protocol

On March 15, IPCS, the first token based on the XRC-20 protocol of the Ripple network, was officially issued.

IPCS is the first standardized token based on the XRC-20 protocol, realizing full-chain transparency and leveraging all the extendable advantages of XRC-20. The issuance of IPCS breaks the traditional concept of token-based passive income in blockchain, creating a token model that can be used to directly create on-chain NFT assets and various in-game items. IPCS has already partnered with well-known blockchain gaming companies and blockchain cultural economic firms to create transparent on-chain assets.

After over three years of technical development, IPCS has formed strong alliances with Matchain, Fluence, and Filecoin, leading the way in decentralized computing. IPCS’s technological breakthrough has recently become a focal point, with several contributing teams gathering in Istanbul for the PL network’s grandest event. The IPCS team released a new on-chain scalability solution at the Turkey summit, enabling cross-chain, infinite scalability using FVM.

Matchain has shown significant traffic growth in areas like blockchain gaming, Web3 social, and on-chain marketplaces. Gaining more bi-directional traffic is a shared need for the long-term development of both IPCS and Matchain.

The creation of the IPCS token model and the establishment of the IPCS interstellar consensus will empower numerous ecosystems, including AI, with IPCS having the potential for trillion-dollar-level growth.

IPCS represents a significant breakthrough in blockchain tokenization technology, combining the efficiency of the XRP ledger with the innovative capabilities of Ordinal-style inscriptions. Early investors in the IPCS ecosystem will benefit from:

• The first-mover advantage of XRP native inscriptions
• Rapid adoption within the XRP community
• Scalability and future cross-chain integration

IPCS is the first token issued under the XRC-20 standard, with a total supply of 1 billion tokens. Of these, 800 million tokens are for community minting, 100 million tokens are locked for one year by the operating party, and 100 million tokens are locked for one year by the project team. The issuance price is 0.04 XRP, with an eventual circulating supply of 70 million tokens through ecosystem burns, ensuring the value growth of IPCS.

Features of IPCS:

• Decentralized Minting: All operations of IPCS are conducted on-chain, with all actions leaving a verifiable on-chain trace.
• Decentralized Trading: IPCS can be freely traded in real-time on the XRP ledger’s DEX.
• More Application Scenarios: It can be used in blockchain games, DeFi, NFT empowerment, and more, minting common in-game items and NFTs, and allowing real-time trading.
• Scarcity and Market Demand: Through a limited supply and minting mechanism, the value and growth potential of IPCS are ensured.

Main Use Cases for IPCS:

• On-chain Digital Art & NFT Inscriptions: Artists can inscribe their works on the XRP ledger at near-zero cost.
• Community Tokens: Can be used to create governance tokens, reward points, etc.
• DeFi Ecosystem: Supports financial applications such as lending, staking, and liquidity provision.

In future plans, the IPCS team will diversify the trading scenarios of IPCS, minting on-chain NFT assets, and promoting more projects to realize their application scenarios based on IPCS. IPCS will aim to be listed on mainstream exchanges and support local fiat currency integration.

The launch of IPCS provides new possibilities for asset inscriptions, tokenization, and DeFi ecosystems on the XRP ledger. As the first application of this standard, IPCS showcases the potential of XRC-20 and paves the way for efficient, low-cost blockchain innovation. With the substantial traffic support from XRP and Matchain, IPCS is poised to demonstrate immense investment value.

Official IPCS Telegram Group: https://t.me/+sspqD6gSDN4xMmY1