SAN FRANCISCO–(BUSINESS WIRE)–Ripple, a leader in enterprise blockchain and crypto solutions, today unveiled the second wave of creators receiving funding for their Web3, non-fungible token (NFT) projects through Ripple’s Creator Fund. With Web3 transforming the entertainment and media industries specifically in music, the selected Creator Fund projects will bring to life tokenization use cases in these sectors by leveraging the power of XRP Ledger’s low-cost, instant settlement and built-in royalty structures – maximizing value for creators and their communities to consume content.
The independent creators focused on building functional use cases in entertainment and media on the XRP Ledger include:
- 9LEVEL9: A metaverse experience that provides a unique “front row seat” to live and virtual concerts, productions, conferences and award shows through NFT tickets.
- Anifie: An NFT marketplace that helps content creators and artists in Japan leverage their fan base and community to launch NFTs that enable fan engagement and provide a digital experience for NFT holders.
- Capital block: A leading Web3 platform for sports clubs worldwide, partnering with football clubs in Europe to launch an NFT membership for their fans to access exclusive content, real-life game experiences, and Web3 benefits and rewards.
- Cross-Metaverse Avatars: An avatar tool that allows creators to design and create unique NFT avatars with multiple attributes and colors. Holders can then use their unique avatars in video games and metaverse projects.
- NFT Masters: An NFT XRP marketplace that will add a video streaming platform for creators to upload videos and get paid instantly using XRP Ledger’s payment channels or their issued NFTs as a streaming pass. NFT will offer holders access to watch exclusive videos and vote on upcoming content ideas without ads or paying for a subscription.
- SYFR projects: An intellectual property production company providing production, publishing and management services to artists. The company will digitize 100+ innovative music and video deals as NFT deals.
- ThinkingCrypto: An NFT project that will allow holders to access exclusive interviews with top crypto leaders in the space. Along with exclusive access, NFT holders will be invited to private digital meetings with the host of ThinkingCrypto, Tony Edward, where he will share his candid thoughts and opinions on the future of crypto.
“Web3 technology continues to transform the creative economy by giving power back to creators. We’ve seen real utility in NFTs with the arts community, and it’s no surprise we’re seeing tremendous growth from the entertainment and media industries as a way to cultivate relationships directly with their audience, and offer new content distribution channels,” said Markus Infanger, RippleX VP of Growth at Ripple. “With the support of our strategic partners and the Creator Fund, we look forward to helping with innovations built on the XRP Ledger.”
Launched a year ago, Ripple’s Creator Fund is a $250 million commitment to help creators with the financial, creative and technical support needed to explore and create NFTs and other tokenization projects on the XRP Ledger. Notable quotes from this year’s Wave 2 Creator Fund recipients:
-
“With Ripple’s Creator Fund, we want to bring expanded NFT commemorative tickets and membership tools to our www.nikotheatre.com customers in 2023,” said Chris J Snook, Founder of 9LEVEL9. “We will present diverse pop cultural concert experiences to a global audience of hybrid in-person and virtual ‘front row seats’ with extended metaverse parallel immersions and communities on the XRP Ledger.
-
“We are excited to partner with Japan’s best broadcasting station and some of the country’s best musical talent and leverage the capabilities of the XRP Ledger to launch Meta-TV, which enables musicians to trade NFTs and build NFT communities on our XRPL -metaverse,” said Yohei Iwasaki, Co-founder and CEO of Anifie. “XRP Ledger is transformative because it empowers artists to be responsible for their own communities with low gas fees and royalty features. XRP Ledger is also environmentally friendly, so musicians and fans can be proud of themselves for their socially responsible behavior.”
-
“As a leading Web3 agency for sports clubs around the world, we are excited to be part of Ripple’s Creator Fund and look forward to building on the XRP ledger to increase fan engagement through our NFT membership,” said Tim Mangnall, CEO of Capital Block. “We see this as a long-term partnership and a major step in driving mass adoption of Web3 projects across sports fans globally.”
-
“For the first time, players can design, buy, trade and own unique NFT avatars and wearables, which they can take across the metaverse and games,” said Kelvin Troy, CEO of Cross-Metaverse Avatars. “XRP Ledger’s environmental friendliness and low gas fees enable our customers and players to buy, sell and trade their beloved digital assets on our marketplace efficiently and without friction.”
-
“Ripple Creator Fund has allowed our team to stop and think about how we can use NFTs to solve problems, break down traditional forms of monetization and reinvent how value is transferred,” said Andrew Kaskaniotis, founder of videomaster and nftmaster. “This opportunity has allowed our team to bring some of the very best video content on the internet to the XRP Ledger where creators can set the rules and viewers are in full control.”
-
“The Ripple Creator Fund and XRP Ledger level the playing field for artists. It is up to teams like SYFR Projects who are in the thick of the music industry to innovate by exploiting the possibilities of XRPL, said Sean O’Leary, founder of SYFR Projects. “With the support of the Creator Fund, we will characterize our artist WONDR’s music and scale our capabilities to produce and manage a growing library of artist-owned intellectual property.”
Independent creators can apply for Wave 3 in the coming months. For more information on Ripple’s Creator Fund, please visit:
About Ripple:
Ripple is a crypto solutions company that is transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent and more cost-effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunities for more people. With each solution, we realize a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon-neutral blockchain technology and a green digital resource, XRP. This is how we deliver on our mission to build crypto solutions for a world without financial borders.
About XRP Ledger:
The XRP Ledger (XRPL) is an open source, public and decentralized Layer 1 blockchain led by a global community of developers. It is fast, energy efficient and reliable. For more than ten years, it has been the blockchain best suited to enable settlement and liquidity of tokenized assets at scale. With ease of development, low transaction costs and a knowledgeable community, it provides developers with a strong open source foundation to execute the most demanding projects – without affecting XRPL’s lean and efficient feature set. XRPL enables a wide variety of services and use cases, including payments, decentralized finance and tokenization. Learn more at XRPL.org.
