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Ripple launches $250 million 'Creator Fund' for NFT projects
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finextra.comThe new Creator Fund will work with Mintable and other partners, including creative design agency VSA and NFT marketplace mintNFT, to help businesses and developers build compelling propositions and enable longtail use cases for tokenization — for example, interactive experiences and fractional ownership.“While NFTs have opened the door for a tokenized future, actually navigating these concepts is a different ball game for many,” says Monica Long, GM of RippleX at Ripple.
“By starting with marketplaces and creators, our fund seeks to take the guesswork out of NFT projects to unlock unexplored tokenization use cases on the XRP Ledger.”The XRP Ledger operates a built-in decentralized exchange (DEX) for fast settlement for tokenized assets of
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