Ripple Unveils Final NFT Creator Teams to Join Creator Fund

Ripple has introduced the latest NFT Creator Teams to the list of those who will use the Ripple Creator Fund in the first wave. The projects selected by this fund will create “problem-centered utility” of non-fungible tokens (NFTs) such as carbon credits, real estate, media, etc. The launch of the Ripple Creator Fund was announced at the end of September last year.

The $250 mln fund will enable creators teams to use the XRP Ledger to build and launch their NFT projects. So far, over 4,000 creators have applied to be able to use the fund, which offers money to creators as well as creative and technical support.

Those who have received permission to use benefits of the Creator Fund include Justin Bua, Steven Sebrig and Michael Jordan. In a blog post, Ripple also announced a new collaboration with Momento NFT and WENEW Labs to provide better conditions for NFT creators. In the first week of April, Ripple launched XRP Ledger version 1.9.0. It contained amendments to the XRP Ledger protocol to support native NFTs in XRPL.

Image: Ripple