About Seal on XRPL
Official Community Takeover
Official Links
The Ultimate Community Takeover
Seal on XRPL is more than just a token and NFT Collections. Seal CTO is a testament to the resilience and power of the community of the XRPL.
Originally launched by a developer who abandoned the $SEAL token, the two accompanying NFT collections were left adrift. But instead of letting the project sink, the community rallied. We initiated a comprehensive Community Takeover (CTO) to reclaim the project, secure its assets, and rebuild it from the ground up.
Today, Seal on XRPL is 100% community-owned, community-driven, and focused on delivering real value on the XRP Ledger.
Uncompromising Security: Meet Seal Team 6
Trust and transparency are the foundational pillars of our CTO. To ensure the project's assets and future are never again left in the hands of a single point of failure, governance has been decentralized.
The project is guided by Seal Team 6, a dedicated six-member governance council elected from within the community.
To guarantee absolute security and transparency, community assets are secured in a 3-of-6 multi-signature wallet. We are building on a foundation of cryptographic proof, not just promises.
Leading the Charge: Our Legal Framework
We aren't just taking over a token; we are building a sustainable, long-term organization. To bridge the gap between decentralized governance and real-world legal protection, Seal on XRPL is officially looking into registering as a Decentralized Unincorporated Nonprofit Association (DUNA) in the state of Wyoming.
This cutting-edge legal framework allows us to:
- ✓ Protect our community members and council from individual liability.
- ✓ Operate legally as a decentralized entity.
- ✓ Manage treasury assets, pay taxes, and interact with the traditional economy without compromising our decentralized ethos.
- ✓ Establish a legitimate, compliant foundation for future utility and partnerships.
The Mission Ahead
Our mission is simple: to make Seal the premier community-driven asset and NFT ecosystem on the XRPL. We are focused on migrating our infrastructure, revitalizing the NFT collections, and expanding our footprint within the broader XRP ecosystem.
We survived the rug, we took over the ship, and now we are charting a new course.