D’CENT Wallet now supports Trust Line for XRPL!
We are excited to announce a new update that provides XRP holders with the native functionality for adding Trust Line to their XRP Ledger in D’CENT Wallet.
What is a Trust Line?
Trust Line is an issued currency (known as IOUs) that can be represented in the XRP Ledger as RippleState objects. From a non-technical user’s perspective, it would make more sense to simply think of Trust Line as a function for adding a token account under the mainnet account. Although technically different, a good analogy to describe adding a Trust Line to add a Trust Asset account would be similar to a case of adding an ERC20 token account under the Ethereum mainnet account. Simply put, D’CENT Wallet users can add a Trust Asset account under the XRP Ledger (Your XRP mainnet account), hassle free and extremely simple.
Initially, D’CENT Wallet will officially list 3 Trust Assets which can be added to the XRPL; ✅ CasinoCoin, ✅ Elysian, and ✅ Sologenic. From D’CENT Wallet, a user can add a Trust Asset account by simply searching for the token name or the symbol from the listed assets.
🚨 NOTE: Since adding a Trust Line occupies space in the ledger, a Trust Line increases the XRP your account must hold in reserve.
🔥 USER GUIDE: How to activate XRPL-Trust Line.
⭐CasinoCoin
CasinoCoin ($CSC) is a digital currency, developed specifically for the regulated gaming industry. The CasinoCoin project is led by a team dedicated and experienced in working within the regulated gambling sector and crypto e-gaming sectors. With this as a focal point, features and tools have been customized to meet both the needs of the users and the operators.
⭐Elysian
Elysian ($ELS) is the native asset of the project run by Aesthetes and it is the first token for the Art and NFT Industry that runs on XRP Ledger. Aesthetes’ ambitious project is to create a link between physical Art and Blockchain, creating the first NFTs based on physical masterpieces.
⭐Sologenic
Sologenic ($SOLO) is the native asset of Sologenic’s financial platform, which is a sophisticated ecosystem built on top of the XRP Ledger. The platform focuses on tokenization of both the blockchain and non-blockchain assets, allowing investors to trade stocks, ETFs, and other assets.
⭐What about other Trust Assets?
We are happy to assist our users and projects in listing a new Trust Asset in D’CENT Wallet. To make a request, please submit the request form (google form) below. We are taking submissions until December 17th, 2021 and the projects that receive the most number of requests will get priority in being listed.
Prerequisite: Trust Asset being requested for listing in D’CENT Wallet must be searchable from both portal sites: CoinmarketCap and Coingecko.
👉 Request for Trust Asset listing
Manage XRPL based Trust Assets on D’CENT Wallet
Update D’CENT App
The latest versions of the D’CENT mobile app can be found at the link below.
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