Applications are now being accepted for Wave 6 of RippleX’s XRPL Grants Programme, which seeks to fund financially inclusive initiatives using Web3 on the XRP Ledger through June 18, 2023. The emphasis is on initiatives that address financial imbalances and offer creative ways to leverage the XRP Ledger to expedite financial procedures. Applications, tools, middleware, and services that have a direct influence on the real world are among the initiatives that RippleX intends to finance.
How to get a grant
ReFi, DeFi, loans, DEX/AMM interfaces, asset management, payments, e-commerce, tokenization, decentralised compliance & security, interoperability, developer tools, oracles, and insurance are just a few of the projects that are eligible.
Within six to eight weeks of submitting their application, candidates receive notice about each level of the multi-stage procedure. In June 2023, RippleX will evaluate submissions and perform technical screenings. Finalists will be interviewed in August 2023 after a thorough examination by the XRPL Grants Judging Committee in July 2023. In September 2023, the winners will be made public knowledge.
Just one day after the launch of RippleX’s campaign to encourage XRP Ledger-oriented businesses, the developer awards announcement was made. These activities are a part of Ripple’s ongoing initiatives to encourage creativity and the use of cryptocurrency. Through its $250 million fund, the business has been aggressively promoting the advancement of blockchain technology and cryptocurrencies.
