Wave 3 of the $250 million Creator Fund is launched by Ripple

Finance

By Aahil

October 27, 2022

On Oct. 18, Ripple unveiled the second wave of creators to win funding for their NFT projects under Ripple’s Creator Fund.

This round of financing was provided to independent producers focused on establishing useful use cases in gaming and the Metaverse, as well as music and media on the XRP Ledger.

According to the vice president, Ripple looked for concepts, teams and visions that best aligned with delivering innovation and creativity to NFTs that go beyond digital art.

Infanger further highlighted that, although Ripple’s Creator Fund is open to all types of NFT initiatives, each wave of funding has a theme.

The vice president also highlighted that Ripple is emphasizing NFT developments because "We envision a tokenized future soon becoming reality

Interest in Ripple’s Creator Fund comes at the same time as the business is embroiled in a legal dispute with the United States Securities and Exchange Commission

The materials relate largely to a lecture Hinman delivered at the Yahoo Finance All Markets Summit in June 2018.

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