XRP The community continues to celebrate the excitement of the new partnership announced by the developers. However, the altcoin price suffered a significant blow during the same period and lost value for seven consecutive days. The total value loss has exceeded 9%.
Lawyer Bill Morgan announced that Wave Of Innovation, a non-profit organization and organizer of the upcoming 2024 Gold Coast conference, has decided to become a new grant source for XRP Ledger (XRPL) developers.
Development on the XRPL has a big role to play in the adoption of #XRP and increase in its value. It is exciting to know that @wave_of_innov a not for profit company and organizer of the 2024 XRP Gold Coast conference has allowed me the honor of publicly announcing that it /1
— bill morgan (@Belisarius2020) October 11, 2023
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Bill Morgan stated that Wave Of Innovation operates independently and that the RippleX development team or payment firm Ripple He stated that he had no relation with.
The pro-XRP lawyer announced that the criteria for those who will apply for grants will be made public before the 2024 Gold Coast Conference, which is planned to be held in March next year. According to what is known, developers working on the XRPL side chain will also be able to benefit from this grant.
As we reported as Koinfinans.com, the community welcomed these developments with excitement, thinking that they would revitalize the chain.
🎉 From today 👉there is a new source of 💵 GRANTS TO DEVELOPERS on the #XRPL! The not-for-profit #XRP Gold Coast 🌊 @wave_of_innovwith no connection to @RippleXDev or @Ripplewill not be constrained by anything other than its own objective criteria.🥰
(More TBA)👇short🧵 https://t.co/xiIokGaahi
— 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) October 11, 2023