The $250 million Creator Fund from Ripple, which is intended to support the creation of NFT-related initiatives on the XRP Ledger, has announced the second round of beneficiaries who have been chosen to participate.
The metaverse platform 9LEVEL9, which will offer virtual event tickets as NFTs, the Japanese NFT marketplace Anifie, the NFT sports platform Capital Block, the XRP NFT marketplace NFT Master, the NFT IP firm SYFR Projects, the NFT membership project ThinkingCrypto, and Cross-Metaverse Avatars are all joining the fund’s second wave.
NFTs are distinctive blockchain tokens that represent ownership and can be linked to a variety of other assets, including event tickets, digital artwork, and tangible goods. According to Dune Analytics, OpenSea, the top NFT marketplace, saw slightly under $350 million in total volume transacted on Ethereum in September, which continues to be the most popular blockchain for NFTs today.
The fund, whose initial wave of participants was made public in April, was established, according to Ripple’s Head of DeFi Markets Boris Alergant, to speed up the NFT economy for XRP.
NFTs are distinctive blockchain tokens that represent ownership and can be linked to a variety of other assets, including event tickets, digital artwork, and tangible goods. According to Dune Analytics, OpenSea, the top NFT marketplace, saw slightly under $350 million in total volume transacted on Ethereum in September, which continues to be the most popular blockchain for NFTs today.
The XRP Ledger (XRPL) is a decentralized, open blockchain that is managed by a large, international development community. It is made to be quick, energy efficient, and trustworthy.
Image Credit: Shutterstock
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
