Ripple Joins the NFT Trend, Launches a $250 Million Fund to Attract Creators to XRP Ledger

2021-9-29 16:46

No one can resist the movement of non-fungible tokens (NFTs), which is expected to be the center point of the metaverse.

The latest crypto company to jump is none other than Ripple, which along with its top two executives, is currently fighting a legal battle with the US Securities Exchange Commission (SEC) regarding the sale of unregistered securities.

On Wednesday, Ripple announced a Creator Fund of $250 million for creators, agencies, and marketplaces that it sees “igniting the global creator economy and blockchain developer communities.”

The fund is to help creators and their partners participate in the NFT market on its own blockchain XRP Ledger. The Fund will provide technical support to integrate with the XRPL, access XRPL marketplace partners, and help with the marketing and promotion of the NFTs.

To begin with, Ripple has partnered with Mintable, mintNFT, and VSA Partners.

“A tokenized future that will transform the way people buy, sell and manage all kinds of assets is quickly becoming a reality today.”

In response to the news, the price of XRP momentarily jumped 6.85% to $0.983, only to slowly lose the gains. Up about 290% YTD, the digital token is still down more than 71% from its all-time high of $3.40 hit during the last bull market in early January of 2018.

XRP/USD XRPUSD 0.9519 $0.03 3.62% Volume 3.56 b Change $0.03 Open$0.9519 Circulating 46.75 b Market Cap 44.5 b baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[scripts.length - 1]; var cccTheme = {"Chart": {"fillColor": "rgba(248,155,35,0.2)", "borderColor": "#F89B23"}}; (function () { var appName = encodeURIComponent(window.location.hostname); if (appName == "") { appName = "local"; } var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl + 'serve/v1/coin/chart?fsym=XRP&tsym=USD'; s.src = theUrl + (theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })(); var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~XRP~USD"); The post Ripple Joins the NFT Trend, Launches a 0 Million Fund to Attract Creators to XRP Ledger first appeared on BitcoinExchangeGuide.

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Ripple (XRP) на Currencies.ru

$ 0.5058 (-0.18%)
Объем 24H $491.932m
Изменеия 24h: 0.53 %, 7d: -5.42 %
Cегодня L: $0.5011 - H: $0.5064
Капитализация $27.999b Rank 7
Цена в час новости $ 0.9518 (-46.86%)

ripple creators xrp attract ledger fund launches

Источник: bitcoinexchangeguide.com

ripple creators → Результатов: 28


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2020-9-1 21:00


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‘We’re Not Liable for Crypto Scammers’ Actions,’ Says YouTube On XRP Giveaway Scams

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Ripple Opens Swell With Another Flip and Another Release

Say what you like about the folks at Ripple Labs, but they sure know how to organize a party. The creators of the XRP token are expected to open the annual Swell conference in San Francisco with several major deliveries, including a keynote speech from a former president, another jump in market cap rankings and new […] The post Ripple Opens Swell With Another Flip and Another Release appeared first on Crypto Briefing.

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