Ripple’s Announces Launch of XRP Fund: Creates an Actual Use Case for Token

[mskumar]

Cryptocurrencies have undeniably taken over the tech world by storm, as is evident by a large number of riveted entrepreneurs and traditional institutions showing interest in the digital asset segment. However, funding opportunities remain barren, leading blockchain enthusiasts to either bootstrap their business or launch an Initial Coin Offering (ICO). Easing this gap is Ripple, one of the most lauded cryptocurrency giants, by filling in as the proverbial ‘Spring’ of the dull crypto-funding ecosystem.

Funding Businesses, One Ripple at a Time
On May 14, 2018, Ripple announced Xpring, an initiative that would invest, incubate, acquire, campaign, and provide grants to blockchain and cryptocurrency firms. Under Xpring, selected entrepreneurs would utilize XRP, Ripple’s native token, and XRP ledger, an open-sourced and decentralized ledger, to build innovative products for solving customers’ problems.

Enumerating on their reason to launch Xpring, Ripple claims to have been approached by many entrepreneurs who sought technical support, due to the former’s understanding of the XRP ledger.

Furthermore, Ripple added they are “among the few blockchain companies with traction to a non-speculative function,” hence well-equipped for the role of an incubator.
SOURCE:https://btcmanager.com/ripples-announces-launch-of-xrp-fund-creates-an-actual-use-case-for-token/?utm_source=onesignal&utm_medium=push

[troiano9]

I wouldn't be surprised to see Ripple at $15 by the end of 2018

[leithy]

$15 bit optimistic.

[dmitriybulatov]

This is a huge plus that they decided to use their token among the successful ico. At the end of 2018 will cost$15.