RippleX Provides $1.3 Million Support to These High Potential Fintech XRPL Projects

RippleX delivers $1.3 million in awards to winners of XRPL Grants Wave 6, who are working on groundbreaking fintech projects

News

Fri, 17/11/2023 - 15:22

RippleX Provides $1.3 Million Support to These High Potential Fintech XRPL Projects

Cover image via www.freepik.com

Read U.TODAY on

Google News

In a recent article, Ripple giant presented the award winners of XRPL Grants Wave 6, who presented high-potential Web3 fintech projects based on the XRP Ledger.

The panel of RippleX experts picked 22 projects with groundbreaking ideas out of early 129 submissions and will let them share a $1.3 million prize, which will support their further development. These projects were reviewed by experts from various areas – Web3, DeFi and others.

The winning projects have dealt with 14 clear use cases in the fintech industry, some of them focusing on NFTs, education, GameFi, Developer Tooling, AI, Sustainability, etc.

Ripple Sells Millions of XRP at Loss as Price Goes Down

As the year started, RippleX also provided $2.6 million in rewards to the teams of 25 chosen XRPL-based projects. The same was done on a regular basis throughout the year as RippleX chose new winners of its initiative to support groundbreaking projects that want to build on XRP Ledger.

#Ripple News #XRPL

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.