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Ripple Open Applications For Third Wave For Its $250 Million NFT Creator Fund

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Ripple is not planning to back down in its quest to support NFT creators building on XRP Ledger.

Days after signing the second wave of recipients to receive its $250 million Creator Fund, Ripple has announced that it has opened applications for Wave 3 of the program. 

“Wave 3 of our $250 million Creator Fund is now open!” Ripple said. 

According to the announcement, Ripple said the third segment of the program would focus on creators building both physical and digital non-fungible tokens (NFTs). However, the blockchain company also urged creators in other use cases to participate in the ongoing exercise.

Interested participants are urged to submit their applications for review by members of the Ripple team. The deadline for submission is December 30, 2022, Ripple said in a statement.

Ripple $250 Million Creator Fund 

The $250 million Creator Fund is an initiative established by Ripple to enable non-technical creators to bring their ideas to life on the XRP Ledger (XRPL). Technical creators seeking funding are urged to apply for XRPL Grants. 

Several creators have benefitted from the Creator Fund in two different waves. As reported by TheCryptoBasic, five creators were chosen in the first wave of the Creator Fund. Some beneficiaries included contemporary artist Jessica Ragz, Netflix documentary star Zion Clark, PancakeSwap designer Chef Cecy, etc. Earlier this month, Ripple also unveiled seven second-wave recipients. Some of the big names were Anifie, Thinking Crypto and  SYFR Projects.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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