Ripple released a series of major updates around its ecosystem starting October 18. While the XRP community is still excited about Ripple's announcement of launching a sidechain, a new update regarding Ripple's creator fund has been announced.
Incentivizing developers and increasing user activity with the LUNA token is the crux of the proposal.
Three of the world's largest cryptocurrency exchanges are supporting the launch of a highly anticipated digital asset project.
Ripple has just announced projects to receive round 2 funding from a $250 million creative fund, focusing on promoting NFT ecosystems on the XRP Ledger.
The Terra Classic Community (LUNC) has approved the latest proposal, reducing the coin burn tax from 1.2% to 0.2% to encourage users to trade again.
Ripple is currently testing an Ethereum-compatible sidechain and a bridge that will connect the platform to the XRP Ledger mainnet.