Ripple News

Creators Platform Coil Receives 1B XRP Grant


Creators Platform Coil Receives 1B XRP Grant

Coil, the crypto-powered content creation platform, received a seed round of 1 billion XRP to continue on its mission for alternative monetization.

https://twitter.com/Coil/status/1161986446267494400

The news arrives just days after Ripple’s XRP received another round of criticisms, as well as claims the company was selling unregistered securities. Ripple has been known to distribute XRP to various organizations as a form of popularizing the asset.

“Creators want more choice and control over how their content is monetized and distributed,” said Stefan Thomas, CEO and founder of Coil and co-creator of the

This article appeared first on Cryptovest

Source: investing.com
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