Ripple expressed: We’re incredibly excited to launch our $250 million Creator Fund to enable creators to explore new use cases for NFTs on the XRPLedger and engage more deeply with the communities they care about.
Creators will receive: Financial and co-marketing support. Technical support for a superior NFT experience built on the XRPL. Creative support to craft premium NFT projects.
Community response: Interesting initiative. The whole Ripple team has been talking to publicly in the last few weeks which to me means resolution has to be here soon. They were ghosts for the last 10 months besides a tweet here and there. Now every time you turn around there they are tweeting.
That’s the point. It’s a company, not a decentralized crypto network.
Apparently you didn’t do your homework either. Ripple is a company but XRP is decentralized.
Why is XRP so undervalued with all this. We should be well over 100$ Just label every XRP in circulation with a name or identifying number and call them NFTs. Problem solved.
Super excited to hear this! As a platform that allows content creators to tokenize pictures and short videos to sell to fans as NFTs, we will be looking at how the XRPLedger can help us lower costs and speed up transactions time! Now, it‘s all about deploying efficiently. Let‘s go.
Could it be argued that you are providing capital which adds value to XRP thus adding weight to it being a security? Surely best to set up a foundation and stock it full of external parties that can provide input on where the funds are distributed and to what projects etc?
I wonder what will happen. Remember the 100m Gaming fund? Have not heard much from it since. Clarification: That was different. It was not a $100m gaming fund, it was a single investment in a single company, Forte platform which as they seem they are doing some good work in the back ground. And since it involves NFTs maybe they are waiting to go live on XRPL.
Gallium studios which i believe is built in conjunction with forte is led by the creator of the Sims. They are building an NFT driven game called Proxi. Could be interesting. Forte also raised 185 million and are now valued at 1 billion. They are still there, just quiet.
There are games being developed with the Forte fund right now.
And now in the line are NFTs getting ready to create a pump for Ripple.
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