The XRPL Grants Program funds software development projects that leverage the open-source XRP Ledger. After a successful inaugural wave, XRPL Grants opened the call for applications for Wave 2 in Fall 2021. In this second wave, more than 30 teams from across five continents have been awarded nearly $4 million in total funding. Awardees also get the opportunity to receive technical mentorship from a Ripple engineer to support project integration with the XRP Ledger (XRPL).
More than 100 applications were submitted in Wave 2. Every project was carefully reviewed by the judging committee, with experts and professors from organizations including Stronghold, Australian National University, University of Nicosia, Ryerson University, Northeastern University, and TU Delft. We were impressed by the quality and creativity of the applicants and projects.
Wave 2 of the XRPL Grants program focused on Federated Sidechains. In December, RippleX introduced an engineering preview, making it possible for developers to connect a sidechain to the XRP Ledger Mainnet or a test network. Awarded projects showcase the vast use cases for sidechains, including but not limited to:
- NFT minting
- Charitable giving
- Sports club memberships
- Restaurant/retail orders
- Data security
Additional awardees encompass a range of exciting applications: tackling economic inequality, ocean conservation, artistic collaboration, equitable compensation for artists, and more. There are also a few metaverse projects that allow users to play games, attend concerts, and more.
In addition to projects related to the current focus area, XRPL Grants welcomes applications for any project that builds on the XRPL and involves some technical development. The applicant pool continued to impress, with teams in more than 25 countries across a wide range of topics and areas of expertise.
🎉 Full List - XRPL Grants Awardees 🎉
Applications for Wave 3 of the XRPL Grants program will open in March 2022. All information, including the focus area for Wave 3, will be posted on XRPLGrants.org.
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Top comments (3)
Great Program! Excited for feeturre.com !!! #feeturre
As participant in the grants program, I just want to pay my respects to the RippleX team. They were very friendly and answered all the questions. The requirements and process was clearly communicated, and actually quite exciting. I recommend anyone who's playing with the idea to build on the XRPL to enroll for wave 3.
Did someone say fintech, payments? this is our mantra.