Jump to content
yxxyun

Xpring invested projects

Recommended Posts

I'm kind of XRP maxis want Xpring project to be XRPL focused, not like this.

Why invest XRP to those don't support XRP?

Securitize?where is your token on XRPL?

Kava 's USDX?why not on XRPL? XRPL can issue USD on ledger, why need one Cosmos  side chain?

Where are the XRPL use case introduced by Xpring?  They are usecases for Cosmos, Ethereum, should I buy some ATOM & ETH?

Edited by yxxyun

Share this post


Link to post
Share on other sites
3 hours ago, yxxyun said:

Securitize: https://www.securitize.io/

date: Nov 28, 2018 , https://medium.com/xpring/investing-in-securitize-e035a8918b9b 

Didn't saw any token on XRPL made by them since then.

 

Dharma:https://www.dharma.io

date: Feb 6,2019 ,https://medium.com/xpring/investing-in-dharma-854f5bd7b17f

from their faq:

no plan to support XRP.

 

XRPL Labs: https://xrpl-labs.com

date:Feb 14,2019 , https://medium.com/xpring/investing-in-wietse-winds-xrpl-labs-cff19d964c76

XRPL focused.

 

Kava: https://www.kava.io/

date: Mar 1, 2019 ,https://medium.com/xpring/investing-in-kava-1dd820519a4f 

their blockchain based Cosmos  https://github.com/Kava-Labs/kava.

DeFi Coming to Cosmos https://medium.com/kava-labs/defi-coming-to-cosmos-808034b733be

support ILP.

 

Forte: https://forte.io/

date: Mar 13 ,2019 , https://medium.com/xpring/partnering-with-forte-44b6d3304bbb

claim to support XRP, no much news after launch, https://medium.com/forte-labs-inc latest blog date Mar 13, 2019

 

Bolt Labs: https://boltlabs.tech/

date: Apr 17, 2019 , https://medium.com/xpring/investing-in-bolt-labs-55da169bd79c

seems like not support XRP from their github:https://github.com/boltlabs-inc 

 

Agoric : https://agoric.com/

date: May 14,2019 , https://medium.com/xpring/investing-in-agoric-ad57ad10e448

their test net based Cosmos, https://github.com/Agoric/cosmic-swingset

seems like not support XRP from their github

 

to be continued

 

 

 

So  Xpring is just another way to sell more XRP.

@miguel I know you will not respond to this but do you think this strategy is healthy for XRP?

Why use XRP to invest in projects that will not use XRP at all?   @JoelKatz, @nikb

You guys found out how to cash out more of your XRP holdings!!!!

Share this post


Link to post
Share on other sites
6 minutes ago, yxxyun said:

I'm kind of XRP maxis want Xpring project to be XRPL focused, not like this.

Why invest XRP to those don't support XRP?

Securitize?where is your token on XRPL?

Kava 's USDX?why not on XRPL? XRPL can issue USD on ledger, why need one Cosmos  side chain?

Where are the XRPL use case introduced by Xpring?  They are usecases for Cosmos, Ethereum, should I buy some ATOM & ETH?

Good summary and also the main reason why the price of XRP is so suppressed!!!!

Because all these not XRP related projects are selling like crazy XRP and Ripple programmatic selling based on fake volume is killing the price...............

Share this post


Link to post
Share on other sites
10 minutes ago, Kiwi said:

So, ripple dumped 500m dollara of xrp to invest in companies which are not contriburing to the xrp ecosystem.

Thanx for your post. For me this is worth 100x more than useless dot connecting

They are contributing, Kiwi. You may wanna be more confused about this instead of being sure it's negative.

Share this post


Link to post
Share on other sites
Guest

@yxxyun, good post! 

To add more detail, in regards to the $500 million Ripple has spent on trying to find a use case for XRP, $100 million of it went to Forte.  However, as far as I know they are in no way obligated to use XRP. 

From the Forbes article which is not written by a contributor so probably more accurate.

https://fortune.com/2019/03/12/ripple-forte-blockchain-games/

Quote

For Ripple, the $100 million development fund represents an attempt to expand its blockchain services beyond its core business of financial messaging software. At the same time, in the event gaming platforms decide integrate the Interledger Protocol, it could spur the broader adoption of the cryptocurrency XRP, which Ripple holds in large amounts.

According to Beard, Ripple’s Xpring will distribute the grants to game developers in the form of XRP, though he acknowledged most recipients will likely convert them to U.S. dollars given that services like AWS only accept fiat currency.

In terms of distributing the grants, Forte and Ripple say they are targeting game developers with over 50,000 daily active users. Beard added that big and small companies will be eligible to receive grants, and that some of the grants could be worth millions of dollars.

Also while I have a lot of admiration for what Wietse and his team has done and continues to do with building on the XRP Leger, I am not sure it will have much impact on the XRP ecosystem.  The fact that to our knowledge virtually no independent third parties, let alone any of the Fortune 500, are building on the XRP Ledger is a concern.

Edited by Guest

Share this post


Link to post
Share on other sites
1 hour ago, Sebastian said:

The fact that to our knowledge virtually no independent third parties, let alone any of the Fortune 500, are building on the XRP Ledger is a concern.

And yet it is absolutely ripe with possibilities.  A damn shame really.

Share this post


Link to post
Share on other sites
20 minutes ago, Tinyaccount said:

And yet it is absolutely ripe with possibilities.  A damn shame really.

"Every entrepreneur will use the digital asset XRP and the XRP Ledger...."

More like damn liars.

 

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...