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Ripple developers seem to be looking for quick changes in the Artificial Intelligence (AI) scene after starting ChatXRP, one of the most promising startups on the XRP Ledger (XRPL). As sleepless At X, ChatXRP is one of the beneficiaries of the $1.3 million grant for startups based on XRPL and in fact the only AI protocol.
Choosing ChatXRP is easy as the protocol is developing innovative solutions to optimize communication on XRPL. ChatXRP offers a simple but important value proposition, which is to transform the XRPL interaction and provide seamless access to Web3 services through a simple interface.
The ChatXRP team got an initial boost of $75,000 with a commitment to see more support as a crucial part of the XRPL. It is worth noting that ChatXRP has the advantage of being a first-mover XRPL protocol considering that the Ripple-backed network is in its infancy and very focused on promoting applications that can contribute to its mission.
ChatXRP’s recognition comes at a time when the clamor around the fusion of AI and blockchain is gaining unique momentum. While competing chains like Cardano (ADA) have their AI projects including SingularityNET, ChatXRP will take on the de facto pioneering AI dApp within the XRPL ecosystem.
XRPL Outlook and Outlook
In particular, XRPL is undergoing a very promising overhaul that will see more use cases appear in a bid to serve users. A notable trend seen in recent times is the series of new improvements through successful governance votes that the team has recently recorded.
With such amendments aimed at addressing NFT remining as well as the impacts of reduced bidding on their native AMMs, a huge push towards new heights has been unleashed. As a big boost to the developers’ comprehensive efforts, the Xahau sidechain is also gaining proper momentum, first with its launch on the mainnet and also with the welcome of its first dApp.
