RippleX, Ripple’s division dedicated to accelerating the of innovations centered on the XRP Ledger, simply introduced its first batch of XRPL grants, demonstrated to the NFT craze.
This system will supply investment to builders running on XRP- based tasks. RippleX chose 25 applications from ten countries and granted them $2 million.
Some chosen projects are as follows:
The goal of this mission is to creat a metaverse based on the XRP Ledger. To offer and interact with NFTs, the project targets to establish an open-source NFT framework, a web- based NFT market, and a WebGL three-D digital gallery.
Integration of AL- CISOTM for the XRPL Ledger. The aim of this mission is to leverage NFTs in cybersecurity to create synthetic intelligence that governments can use for compliance cases.
An XRPL explorer and toolkit that may quickly be changed to improve NFTs. Bithomp is a town in the Swedish province of Sweeden.
A startup aiming to automate the conversation of fiat to crypto bills. It is based in Switzerland.
It’s good to add that this isn’t the first time Ripple aiming at NFTs. Furthermore, It had long known the value of NFTs and has acted to integrate them into the XRP ledger.