Is XRP Healthcare a scam?
Spotting crypto scams can be difficult, but in order to protect your purchases, one should look out for some common red flags:
- Promises of guaranteed high returns: Legitimate trading always come with some level of risk, and no buying can guarantee high returns. If a crypto buying opportunity is promising guaranteed returns, it’s likely a scam.
- Unsolicited offers: If you receive an unsolicited offer for a crypto buying opportunity, especially one that requires you to send money to an individual or an unfamiliar company, it’s probably a scam.
- Pressure to buy quickly: Scammers often use high-pressure tactics to get you to buy quickly.
- Lack of transparency: If the buying opportunity doesn’t provide clear information about the team, the technology, or the underlying assets, it’s likely a scam. Legitimate crypto projects are usually transparent about their operations and purchases.
- Never respond to an unsolicited Telegram or WhatsApp message/DM encouraging you to buy crypto.
- Misrepresentation of partnerships or endorsements: Scammers often use the names of well-known companies, partnerships or famous individuals to lend credibility to their scams. Be sure to verify any claims of partnerships or endorsements before investing.
Point 1 is negated by the disclaimer within the Whitepaper. Points 2 to 3 have never been employed by XRP Healthcare, while points 4 to 6 are addressed below:
All members of the XRPH team have viewable profiles on social media platforms like LinkedIn.
XRP Healthcare is registered in the UK with Companies House (Companies House is a government body that stores information on all the limited companies and limited liability partnerships registered in the UK.) and its registration can be viewed using this link.
The team at XRP healthcare have been clear about its relationship with Ripple, XRP and XUMM, stating in recent articles that there is no partnership between them, as not to give the impression that any usage of their logos is in no way meant to allude to any partnerships or collaborations (please review recent Medium blogs).
Additionally, XRP Healthcare has been verified on CoinMarketCap community.
Some closing thoughts;
- XRPH was founded in 2022 by Kain Roomes whose profile (as mentioned above) is accessible on LinkedIn.
- XRPH operates with a blackholed account (featuring the prevention of any further token issuance).
- has secured partnerships, including with ScriptCo (a major US-based pharmaceutical company)
- is actively working on exciting things behind the scenes.
- had an official launch at Sologenic Meet-up alongside the Solognenic team and other XRP-based companies - on November the 9th 2022
- recently completed a successful private sale
- is listed on Bitrue, BitMart, MEXC, LBank & Coin Market Cap
- completed a token assessment framework
- open-source code encouraging users to create their own decentralized wallets
Finally, one further point to consider when considering the use of contract addresses:
The XRP Ledger, which is the distributed ledger technology that powers the XRP cryptocurrency, does not use contract addresses as it operates differently from other blockchain networks such as Ethereum. With Ethereum, contract addresses are used to represent smart contracts, which are self-executing agreements with the terms of the agreement being encoded directly into the contract’s code. However, the XRP Ledger does not use smart contracts, so there is no need for contract addresses.
Instead, the XRP Ledger uses a unique account-based system, where each account has its own public address that can be used to hold XRP and other digital assets. In this system, transactions are executed directly between accounts, without the need for smart contracts.
Although it may seem that the crypto-verse is rife with rug-pulls, scams and companies on the verge of insolvency, XRP Healthcare is a credible and validated company currently making in roads into the Healthcare system as we know it, with benign intentions for the future of Pharma and Healthcare services/products.
