Krypton Trust Fund NFTs

Crypto Trust Fund with NFT Certificates. Protect the next generation with KRYPTON-to-NITE

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Inspiration Problem: Financial Inclusion

Children today are facing unprecedented challenges, challenges that have been compounded by the COVID 19 crisis. Innovation is critical to building a better world for EVERYONE. Together, we must act faster together, to design, use and scale truly transformational solutions for every child to have access to a brighter financial future. Excluded market includes 2.2 billion children (aged 0-18) living in the world today underbanked without a wallet, ledger, trades, or savings

What it does: Decentralized Trust Funds

Protect the next generation with Decentralized Trust Funds. Future proof with KRYPTON-to-NITE Set trust with funds network member with allowances, increase financial education, and invest in your child's financial future. Set Trust Account Holder where accounts are created by Parents and Trustline members are one or more childern.

How we built it: NFT Trust Funds on the XRPL

NFT Certificates: IOUs with Gateway TrustLine. A trust fund that will allow all parents to deposit money for their kids using name.krypton and an XRP-based balance on a ledger stored on Ripple wallet. An NFT is issued to each child, and after a given period of time, e.g. 1 year, interest accrued is issued to that certificate holder with on-chain information. Long-Term Stability where after a certain number of years, when the child is an adult, the child can access funds in the trust fund based on parameters on the NFT certificate. Issue tokens (NFT) on the XRPL as discussed in XLS-14d - https://github.com/XRPLF/XRPL-Standards/discussions/30

Send and Receive tokens with QR codes with XRPL account holders and XUMM users. Generate a wallet on XRP ledger funded with enough XRP to meet the account reserve and scan QR codes with xumm mobile. Claim XKR tokens with Krypton balance as XRP is fast and scalable = 4 second transactions and 1500 tx/sec with ability to process XRP, BTC, ETH, and Credit/Debit Card

What's next for Krypton

Hodl for the future generations: Stake in XKR/XRPL liquidity pool : XKR tokens XRPL tokens with RippleNet RTXP validators

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