- Wave of Innovation, organizer of the 2024 XRP Gold Coast Conference, announces grant provisions for XRPL developers.
- These grants, independent of Ripple associations, extend even to contributors on XRPL side chains.
A Fresh Wave of Support for XRPL Development
In the ever-evolving landscape of blockchain, the XRP Ledger (XRPL) has consistently garnered attention due to its unique architecture and the potential it harbors. Any development on XRPL is not merely a technical advancement; it significantly influences the adoption of XRP, thereby impacting its market value. It’s in this context that the recent announcement by Wave of Innovation stands out as a monumental gesture.
An Independent Grant Initiative
Bill Morgan, through his Twitter handle @Belisarius2020, shared the exhilarating news. Wave of Innovation, a non-profit entity known for organizing the 2024 XRP Gold Coast Conference, has ventured into a philanthropic domain. Starting immediately, it will act as a source of grants aimed at nurturing talent and innovation among XRPL developers.
Development on the XRPL has a big role to play in the adoption of #XRP and increase in its value. It is exciting to know that @wave_of_innov a not for profit company and organiser of the 2024 XRP Gold Coast conference has allowed me the honour of publicly announcing that it /1
— bill morgan (@Belisarius2020) October 11, 2023
What’s particularly commendable is Wave of Innovation’s firm stance on maintaining an arm’s length from any potential biases or external influences. Explicitly, the company clarified that it operates independently, with no ties or affiliations to @RippleXDev or @Ripple. This detachment ensures that the selection of grant beneficiaries will be devoid of any predispositions. Instead, decisions will be rooted in a set of objective criteria, the details of which Wave of Innovation promises to unveil before the commencement of the 2024 XRP Gold Coast Conference.
In a move that underscores the organization’s comprehensive understanding of the XRPL ecosystem, the grant’s ambit isn’t limited to the primary ledger alone. Developers who contribute to XRPL side chains – parallel chains that enhance the scalability and flexibility of the main ledger – will also be in the running to avail of these grants. Such an inclusive approach amplifies the potential impact of this initiative, catering to a broader spectrum of the developer community.
Bill Morgan’s announcement is a clarion call for developers. The blockchain realm thrives on innovation, and with entities like Wave of Innovation stepping up to bolster creativity, the horizon looks promising. As the blockchain community keenly awaits the detailed criteria for grant eligibility, there’s an undercurrent of optimism. The anticipation isn’t just for the upcoming conference in March but for the ripple effects that such supportive measures are poised to generate in the XRPL development space.
