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xrpl_Adam Profile picture
xrpl_Adam
@xrpl_adam
Fullstack Solidity/XRPL/React/C# dev co-founder @ApeRowboatClub open source xrpl: https://t.co/xzhxP20mCF CEO @xrpcafe
Nov 24, 2021 • 13 tweets • 3 min read
🧵with seemingly dozens of trustlines being issued on the XRPL almost daily, I figured I would make a thread on how to identify genuine legit projects vs. scams/money grabs. 1. The very first thing to check, is the issuer account "black holed". This means that the project has given up access to the issuer account so that it can't issue more token supply thus supply for tokens/IOUs/NFTs are fixed.