Third Wave Applications Open for Ripple’s $250 Million NFT Creator Fund

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Ripple has announced the opening of applications for Wave 3 of its $250 million Creator Fund just days after signing the second wave of recipients.

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

According to the announcement, the third segment of the program will focus on creators creating physical and digital non-fungible tokens (NFTs). However, the blockchain company also encouraged creators of other use cases to join the ongoing exercise.

Interested participants are encouraged to submit their applications for review by members of the Ripple team. According to Ripple, the submission deadline is December 30, 2022.

Read more: 75 Million XRP Moved by Ripple as 120 Million XRP Changes Hands by Big Investors

$250 Million Creator Fund for Ripple 

Ripple launched the $250 million Creator Fund to help non-technical creators bring their ideas to life on the XRP Ledger (XRPL). XRPL Grants are encouraged to be applied for by technical creators seeking funding.

Several artists have benefited from the Creator Fund in two waves. According to a news outlet, the first wave of the Creator Fund selected five creators. Among those who benefited were contemporary artist Jessica Ragz, Netflix documentary star Zion Clark, PancakeSwap designer Chef Cecy, and others. Ripple also revealed seven second-wave recipients earlier this month. Anifie, Thinking Crypto, and SYFR Projects were among the big names.

Read article: Ripple’s $250M Fund Supports Web3 Projects in the ‘Entertainment and Media’ Sectors