Ripple Raises $250 Million Funds to Support the Use of NFT

Blockchain company Ripple to support teams developing non-fungible token (NFT) projects using XRP Ledger 250 million dollars created a fund.

Wednesday Creator Fund announcing fund; It will be used for brands, marketplaces and creators developing XRP Ledger-based use cases for NFTs.

Many developers “useless user experience, high transaction fees and environmental concerns” Ripple, stating that he hesitated to use some NFT platforms due to that you can eliminate believes.

Announcing that its marketplaces MintNFT and Mintable will integrate the XRP Ledger, the company is trying to popularize the use of this technology. financial and technical support will begin to provide

Having also signed an agreement with the agency called VSA Partners, Ripple announced that it will assist VSA Partners customers who want to produce and sell their own NFT.

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