The Ripple team has announced a $250 million fund to provide financial and technical support for developers who want to create NFT (non-fungible token) projects on the XRP Ledger.
The fund has been launched in association with Ripples’s partners Mintable, mintNFT and VSA Partners.
NFTs have been one of the most prominent success stories in cryptocurrency this year. However, most NFTs are currently minted on the Etheruem network.
Applications to the fund are open to creators, agencies and marketplaces.
Find out more here.