According to Ripple’s developer platform, RippleX, in the first wave of the XRPL Grants Program, more than 100 grant proposals were submitted. 25 grantees have been awarded nearly $2 million in total value from this incredible batch of applicants.
RippleX chose 25 projects that ended up receiving $2 million
“We’re excited to announce the inaugural awardees of XRPL Grants, presented by RippleX with XRPL Labs as a technical advisor. The XRPL Grants Program provides funding to independent developers building a variety of self-selected projects that leverage the XRP Ledger’s open-source technology and further accelerate the Internet of Value”, RippleX Developers stated.
Among the grantees are individual developers and teams from more than ten countries around the world. And there’re three grants to applicants from within Ripple’s University Blockchain Research Initiative.
Inaugural grantee projects tackle a wide range of problems and opportunities, including:
- The development of NFTs for multiple industries (retail, art, music, sports, digital advertising, and carbon capture)
- Learning tools and platforms to build on and interact with the XRPL
- Data visualization tools
- Payment and security solutions
The XRP Ledger Foundation launched in late September, which is an open platform. The purpose of this non-profit is to support the growth of XRPL.
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