2 years ago

121

In this episode, CryptoRick discusses the Ripple Revenue model
-Pay Partners to use Ripple services and heavily subsidize use
-In return Partners advertise their involvement with Ripple (irrespective of actual use of XRP)
-XRP price increase and purchases increase as investors flock in
-Ripple and partners dump tokens and make revenue from XRP sales
-Rinse and Repeat.

Information courtesy of Filthy Quant/SEC document

Filthy Quant's Original video -subscribe to his channel https://www.tiktok.com/@filthyqaunt/video/7175540127182228741?is_from_webapp=v1&item_id=7175540127182228741

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