Ripple’s dramatic entry in this space may fetch XRP holders some profits

ambcrypto.com:

Ripple [XRP] dropped a bunch of important updates around its ecosystem as of 18 October. While the XRP community was still buzzing about Ripple’s announcement around launching a sidechain, a new update around Ripple’s creator fund was announced.

Second-round grantees of Ripple’s $250 million Creator Fund, which intends to foster the growth of NFT initiatives on the XRP Ledger (XRPL), were revealed.

______________________________________________________________________________________

Here’s AMBCrypto’s Price Prediction for Ripple(XRP) for 2022-2023

______________________________________________________________________________________

To help developers build NFTs and other XRPL tokenization projects, Ripple created the $250 million Ripple Creator Fund. On 18 October, Ripple revealed the second group of creators who would be receiving financing from the Ripple Creator Fund.

The money went to artists and developers who are working to implement real-world use cases for XRP in various areas. These included gaming, the Metaverse, and the media and entertainment industries.

Ripple’s entry into the NFT market marks significance, and in a related move, one of the most prominent XRPLedger projects just announced the beta release of its NFT marketplace. The release was also announced for 18 October and the said launch would be deployed initially on the dev net.