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Xpring invested projects

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snap back to reality whoop there goes gravity

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On 7/9/2019 at 11:06 PM, yxxyun said:

SB Projects:http://scooterbraun.com/

date: MAY 14, 2018 ,https://ripple.com/insights/welcome-to-xpring/

Did it use XRP now?

 

Omni: https://omni.co

date: MAY 14, 2018 ,https://ripple.com/insights/welcome-to-xpring/

Did it support XRP now?

 

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

 

Near Protocol: https://nearprotocol.com/

date: Jul 11 ,2019 , https://medium.com/xpring/investing-in-near-protocol-b3de9b6209e2

just one more project won't support XRP

 

to be continued

 

 

 

An interesting topic.

I looked at the sites involved above here:  https://xpring.io/  and this is my interpretation (which might or might not be correct) on analyzing the verbiage of some of the sites:

Xpring seems  not to be specifically aimed at increasing XRP or XRPL usage.  Instead the project appears to be focused on a much more broader objective:  that of increasing the general utility for all cryptocurrencies and growing the crypto verse:

Quote

 

Decentralized Finance

We believe crypto’s permissionless nature will unlock levels of liquidity not currently seen in today’s traditional markets. Given that liquidity is the fuel for financial services, we believe crypto will transform existing markets, such as debt and derivatives, and spur entirely new ones.

 

If it was merely targeted towards increasing XRP usage, they would have specifically said so in the blurbs above and below:

Quote

 

Interoperability

We believe a tech stack for crypto that is broadly interoperable across chains and layers will deliver the best experience for both developers and end users. We support the Interledger Protocol as a standard for transacting across systems and are interested in other infrastructures that allow for cross-chain interaction.

 

Quote

Ripple’s DNA is in creating open-source crypto protocols. We are active contributors to the XRP Ledger and Interledger. We focus on building infrastructure that progresses interoperability, decentralized finance and payments for the crypto space.

If you read the writeup referenced in Xpring on Dharma here: https://medium.com/xpring/investing-in-dharma-854f5bd7b17f 

Quote

Dharma’s development has patterns we recognize, including: work on a protocol / infrastructure layer that coordinates peer-to-peer credit interaction through a network of relayers; and the recently announced Lever as a solution to package and deliver this liquidity to a target customer and use case. We are strong believers in the team and their approach. Their work to solve problems for crypto capital markets with margin lending is well positioned to bootstrap the reshaping of the credit markets.

These snippets points to a vision of the IOV from ripple's perspective as encompassing the entire crypto-verse and not just XRP or XRPL itself. I think ripple realizes that XRP and XRPL are not the only core components needed to build out the IOV. Their systematic and methodical participation and investment in other infrastructures indicate that they believe it requires a complete end to end ecosystem that involves participation from all crypto-currencies and requires a lot more infrastructure and expertise that they themselves can handle.  

In conclusion, I think although we are just focused on XRP as investors (and  why not?) but this serves as the blinders that prevents us from seeing the big picture.  However Ripple (the company) seems to believe that a much broader and wider participation of all cryptocurrencies is paramount, to fulfill the vision of the future for the internet of value. 

I dare say many here may disagree and only care about the cold hard cash we've invested, but I for one would stay invested and see how this plays out in the end .. if I'm fortunate enough to  be alive for that long.

Now, you know why BG says "I'm also long Bitcoin" ... it starts to make sense now... for XRP to succeed, all the others must also succeed... it's not  XRP and nothing else... instead it's an inclusive strategy and resonates with Ripple's stated DNA as a bridge currency. The more currencies that are left standing in the end, the more utility you can bring to the table .. by the number of bridges you can build...

Edited by richxrp

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40 minutes ago, richxrp said:

Now, you know why BG says "I'm also long Bitcoin" ... it starts to make sense now... for XRP to succeed, all the others must also succeed... it's not  XRP and nothing else... instead it's an inclusive strategy and resonates with Ripple's stated DNA as a bridge currency. The more currencies that are left standing in the end, the more utility you can bring to the table .. by the number of bridges you can build...

BG also said 99% will dead, now you say XRP to succeed and the others must also succeed....

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1 hour ago, yxxyun said:

BG also said 99% will dead, now you say XRP to succeed and the others must also succeed....

I guess you still don't want to get the big picture.. But if you want to split hairs,  I would take it to mean  ..just not XRP alone ... as in the top 1% = (100-99) %.. otherwise BG would have said 100% of all others would die off....

Edited by richxrp

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On 7/13/2019 at 10:58 AM, richxrp said:

I didn't say all others... I said others .. just not XRP alone ..

Well,  I can keep tracking these projects to see how are they benefit XRP and XRPL.

Edited by yxxyun

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6 minutes ago, yxxyun said:

Well,  as I can be here for many years, longer than any others I think, so I can keep tracking these projects to see how are they benefit XRP and XRPL.

.. The point is these projects do not seem to directly benefit XRP and XRPL.. but they should benefit the entire crpytoverse as a whole which means eventual widespread adoption of cryptocurrencies in general and XRP specifically..

Right now, it is apparent that there is no real adoption, The majority do not really believe in cryptocurrencies. It's just one person selling higher to another in a speculative frenzy. 

If people really believed that cryptos have value and is a better bet at holding that value and not depreciating over time like a government controlled FIAT currency, then there should be gradual and sustained price increases. However, this is not the case and the evidence for this is the wild swings in price from one period to the next and the lack of adherence to utility metric valuation in distinguishing one coin over another besides supply and demand.

Edited by richxrp

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2 minutes ago, richxrp said:

.. The point is these projects do not seem to directly benefit XRP and XRPL.. but they should benefit the entire crpytoverse as a whole which means eventual widespread adoption of cryptocurrencies in general and XRP specifically..

So it's fair to say these are just more sell pressure than use case to create demand. 

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Are we ok with this?

When the first group of people standing outside ripple hq demanding them to #STOPDUMPINGXRP ?

 

It appears to be diversifying away from crypto in general! 

 

@miguel ffs stop dumping xrp. I dont want those companies to be funded, i dont want 'period poverty' funded by bag holders money and the scam exchange binance. Why are you working with Binance? There are rumors that its suppressing XRP since start of 2019 to pump its own scam coin BNB. I hope that the SEC is going to raid binance offices with the feds. 

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6 minutes ago, MemberBerry said:

Are we ok with this?

When the first group of people standing outside ripple hq demanding them to #STOPDUMPINGXRP ?

 

It appears to be diversifying away from crypto in general! 

 

@miguel ffs stop dumping xrp. I dont want those companies to be funded, i dont want 'period poverty' funded by bag holders money and the scam exchange binance. Why are you working with Binance? There are rumors that its suppressing XRP since start of 2019 to pump its own scam coin BNB. I hope that the SEC is going to raid binance offices with the feds. 

XRP has to be distributed, señor.

The coin was not created with the sole purpose to give you lots of profits so you can buy a sh!tty hopping lowrider or whatever the **** you wanna do.

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