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SCRL is rebranding Data Transaction Token (XD)

Hello Scroll Community!

We’re excited to announce a new name for our token – a name that makes our token’s fundamental purpose explicitly clear, allows it to stand separate from the company, and primes it for mass adoption as the utility token for businesses and individuals. Introducing…Data Transaction Token (XD).

The technology and utility behind our token remains the same; just the name and ticker will change. The primary purpose of Data Transaction Token (XD) is to enable efficient, authentic data transactions. We hope the function-forward name encourages other software companies to leverage the token for data management, thereby providing greater stability for the token and all of you on the network!

The company of Scroll can now be the true one and only ‘Scroll’ in our community. No question about who or what you’re talking about, when you say ‘Scroll’ it means us! As a company, we’re committed to using the best technology available to develop the best data management solutions. Making a clear distinction between the company and token gives us the freedom to grow into the dynamic company we aim to be, leveraging the latest technology, blockchain or otherwise.

In short, Scroll Token (SCRL) is now Data Transaction Token (XD). The new identify primes the token for success in data management and gives our company room to breathe and grow as the one true ‘Scroll’.

Stay up to date on token-related news by following our new twitter @DataTxToken. Follow the whole company’s journey, including product and partnership announcements, at @OfficialScroll.