Calling All Creators: Ripple Launches $250M Creator Fund

2021-9-29 15:56

Today, we are thrilled to introduce Ripple’s Creator Fund. 

Announced as part of Apex, the XRP Ledger (XRPL) Developer Summit, this fund fosters innovation in tokenization, with a focus on non-fungible tokens (NFTs). The fund will provide targeted support for creators, brands and marketplaces to explore new use cases for NFTs on the XRPL leveraging its innate advantages of speed, cost and sustainability.

The Future Will Be Tokenized

Since day one, we’ve viewed crypto and blockchain as powerful levelers, unlocking access and equity for everyone. The growth of NFTs is an important part of that vision, helping build a tokenized future that will allow new business models to prosper and people to engage more deeply with the communities and things they care most about.  

That vision is fast becoming a reality. In fact, the World Economic Forum projects that 10% of the world’s GDP will be tokenized by 2027. Just six short years from now! 

The Creator Fund can help accelerate this adoption by attracting a broader community of creators to participate in and benefit from NFTs. Digital art and collectibles are only the tip of the NFT iceberg—with the support of the Creator Fund and the power of the XRP Ledger as a premier platform for minting and managing NFTs, creators and developers can continue to explore utility in NFTs through use cases such as asset ownership and interactive experiences that will help bring about this tokenized future. 

Solving NFT Pain Points

Unfortunately, today, many creators are still hesitant to engage with NFTs because of technical concerns about NFT platforms or for fear that their NFTs won’t gain traction. Developers can also be turned off by clunky user experiences, high transaction fees and environmental impact concerns with minting on many other platforms. 

Ripple aims to alleviate these challenges by providing the financial, creative and technical support needed for creators to engage and eventually deliver new NFT use cases. To do this, we will provide: 

Financial and co-marketing supportTechnical support for a superior NFT experience built on the XRP LedgerCreative support through agency partners to craft premium NFT projects

As part of today’s announcement, we are teaming up with NFT marketplaces and creative agencies that will have early access to the fund to unlock new tokenization use cases. 

NFT marketplaces MintNFT and Mintable will integrate with the XRPL to deliver a seamless NFT experience for developers. Our premiere agency partner, VSA Partners, has also signed on to the initiative to help their creator and brand clients create and sell their NFTs. 

XRPL: Built for Tokenization

Of course, none of this is possible without the XRP Ledger. This open-source, decentralized blockchain supports the tokenization of any asset, including NFTs, with a clear set of existing and proposed NFT standards. It delivers a seamless NFT experience that offers creators a powerful way to monetize their works, and gives developers all the functionality they need — including speed, low cost and built-in royalties — to efficiently and sustainably move value at scale, and without the need for Layer-2 protocols. 

Its built-in decentralized exchange (DEX) has enabled the issuance or trading of more than 5,400 different tokens since its inception. Creators minting and creating NFTs on the XRPL can also benefit from its deep liquidity and near real-time settlement for tokenized assets. 

Further, the XRPL’s consensus mechanism powers low-cost transactions, compared to the huge fees sometimes required on some other blockchains. Carbon-neutral and up to 120,000x more efficient than leading proof-of-work blockchains, the XRP Ledger provides developers with the unique capability to run highly sustainable NFT apps and marketplaces. 

Ultimately, we believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream. Through the Creator Fund and the XRPL, we’re excited to unleash new utility for NFTs and accelerate the broader shift to tokenization. 


Learn more and apply for Ripple’s Creator Fund here.

The post Calling All Creators: Ripple Launches $250M Creator Fund appeared first on Ripple.

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fund ripple creator summit fosters developer xrp

Источник: ripple.com

fund ripple → Результатов: 122


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

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 […] The post Ripple Joins the NFT Trend, Launches a 0 Million Fund to Attract Creators to XRP Ledger first appeared on BitcoinExchangeGuide.

2021-9-29 16:46


Ripple запустила фонд на $250 млн для создателей NFT

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2021-9-29 16:37


NFT Marketplace Backed by Mark Cuban, Mintable, Raises $13M; Plans to Integrate Ripple’s XRPL

Singapore-based non-fungible token (NFT) minting platform and marketplace, Mintable announced the successful completion of its $13 million series A funding round this Thursday. The oversubscribed funding round welcomed several investors, including leading mobile blockchain developer, Animoca Brands, transactional blockchain Ripple, leading NFT fund led by Metakovan, Metapurse, and independent angel investors such as Doug Band, […] The post NFT Marketplace Backed by Mark Cuban, Mintable, Raises M; Plans to Integrate Ripple’s XRPL first appeared on BitcoinExchangeGuide.

2021-7-2 19:15


Компания Bitwise исключила токен XRP из индексного криптовалютного фонда

Управляющая компания Bitwise Asset Management сообщила об исключении токена XRP из своего флагманского индексного фонда Bitwise 10 Crypto Index Fund. Решение принято в свете судебного иска, который Комиссия по ценным бумагам и биржам США (SEC) подала против Ripple.

2020-12-24 19:16


Фото:

Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.

2020-1-23 07:55


US Second Largest Bank, Bank Of America, Secretly Tests Ripple XRP Technology

Recent reports leak that the second-biggest bank in the US, has secretly piloted Ripple’s blockchain technology and is poised to do more with it. Late last year, during a seminar organized by the International Monetary Fund (IMF), Ripple recognized Warren Buffett-backed Bank of America as one of its customers during its presentation. Probed about whether […]

2019-10-17 19:28


Провайдер биткоин-банкоматов Coinme получил $1,5 млн инвестиций

Сеть криптовалютных банкоматов Coinme привлекла $1,5 млн от Ripple Xpring и Blockchain Finance Fund в рамках раунда финансирования серии A-1. Об этом пишет Coindesk. Полученные средства Coinme использует для дополнительного лицензирования, чтобы расширить свою сеть в США и Европе.

2019-9-16 13:22


Фото:

Ripple инвестировал в провайдера биткоин-банкоматов Coinme

Базирующийся в США провайдер криптовалютных банкоматов Coinme привлек $1,5 млн. В раунде финансирования Серии А-1 участвовали инвестиционное подразделение Xpring в составе Ripple и Blockchain Finance Fund.

2019-9-15 22:45


Ripple инвестировал в провайдера биткоин-банкоматов Coinme

Базирующийся в США провайдер криптовалютных банкоматов Coinme привлек $1,5 млн. We are thrilled to announce our that @Ripple‘s #Xpring and the newly established #Blockchain Finance Fund have made investments as part of our recently opened A-1 funding round.

2019-9-14 10:20


Фото:

Крупнейшая сеть BTC-банкоматов Coinme получила финансирование от Xpring

Компания Coinme привлекла 1,5 миллиона долларов США в рамках раунда финансирования серии A-1, в которой приянла участие компания Ripple Xpring и Blockchain Finance Fund.

2019-9-21 08:16


Compound Finance Founder Combines Investments with Bain Capital and Ripple’s Xpring in “Scout Fund”

The cryptocurrency community has been waiting for the slew of institutional investors to enter the market, which is why so many developers are creating products that are geared towards them. As new companies enter the market, these companies need support, which is where Robert Leshner comes in. Leshner, the founder of the Compound Finance crypto […]

2019-4-10 22:28


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