In March 2022, Vibe announced that it would commit 1 billion XRP to accelerate development and new use cases on the XRP Ledger (XRPL). The fund will be an extension of the XRPL grant program and will promote Ripple’s shared vision with the developer community.
In March 2022, Vibe announced that it would commit 1 billion XRP to accelerate development and new use cases on the XRP Ledger (XRPL). The fund will be an extension of the XRPL grant program and will promote Ripple’s shared vision with the developer community.
Since its inception in 2021, the XRPL Grants Program has catalyzed creativity and technological innovation. With more than 140 projects funded in 28 countries, the program has touched several areas, including sustainability, financial solutions, digital identity platforms and video games. Each grant, which reaches up to $200,000, has not only provided financial support but also a vote of confidence in the recipients.
Now, more than two years after Ripple pledged 1 billion XRP to grow the XRPL community, the company celebrates the innovation and projects driven by the XRP Ledger community as developers and entrepreneurs around the world steadily surpass the limits of what is possible.
This is because Ripple’s key developer and community growth initiatives, including the XRPL Grants Program, the XRPL Accelerator, and the
In the coming days, Ripple says there will be additional updates to these programs to provide more clarity and transparency around funding criteria, ensuring applicants know what to expect during the process and who to contact if they have questions.
Other avenues of community support include the XRPL Commons Aquarium Residency and the Creator Fund, which served as a catalyst for new projects and partnerships such as Balmain and Ducati on the XRP Ledger.
Important calendars ahead
Launched in June 2023, the XRPL Accelerator program is designed to help entrepreneurs leverage XRPL and scale their initiatives into thriving businesses.
This year 2024, the XRPL Accelerator program will offer two tracks: the launch program designed for early-stage projects, while the scale program is designed for startups that already have considerable market traction and validation. The next cohort of the Scale Program is scheduled to begin in August 2024 and applications will open soon.
The next XRPL Hackathon, in collaboration with EasyA Labs, will take place on June 9 in Amsterdam, ahead of the with SwissHacks.
