The latest XRP news is that on March 1, 2022, In Game Credit, a retail metaverse gaming company built through the XRP Ledger, announced that it was selected to receive a $50,000 reward through the XRPL Grants Program.
The Judging panel reviewed more than a hundred grants applications, and IGC stood out as a promising and high-potential project. With the XRPL Grants Program’s goal to support independent, third-party developers, IGC was a great match to help the XRP Ledger grow.
RippleX General Manager Monica Long said that the company couldn’t wait to see the progress IGC will make on their project. The GM also thanked the developers for contributing to the XRP Ledger community and the wider internet of value.
The IGC will use the reward it received to develop its location-based open-source NFTs. Through the grant, IGC outlined its monthly steps to achieve its goals. With this grant and the IGC’s promising roadshow, the developers are in for an exciting future.
When told about the news, IGC Chief Executive Officer Simon Church was ecstatic. He thinks that his team’s hard work has finally been rewarded. He also mentioned that they decided to build on the XRPL platform because of its speed, security, community, and low transaction costs.
So far, the IGC team has made headlines after being the only cryptocurrency to present at the Las Vegas CES show in early January 2022. They also attended n New York’s largest retail show, NRF, in mid-January 2022. Their product gained massive attention and saw retailers flocking to IGC’s stall in this event.
With the validation of one of the most respected blockchains ecosystem, XRPL, it seems that IGC is on the right track. With this grant, IGC will likely grow into a bigger player in the Ledger and start attracting even more XRP investors as they move forward with their ventures.