Are you a developer or entrepreneur harboring a brilliant idea to transform the digital landscape? Do you want to leverage the power of a fast, secure, and sustainable blockchain like the XRP Ledger (XRPL)? Then look no further than the XRP Ledger Grants Program!
The XRPL Grants Program funds software development projects, and ventures that leverage the open-source XRP Ledger (XRPL) and help grow and benefit the XRPL community. Funding opportunities range from $10,000 - $200,000 for project timelines up to one year in duration.
What’s changing about the XRPL Grants program?
The newly revamped application process aims to speed up the review process and response time and provide greater flexibility to applicants seeking funding for their projects.
Introducing Rolling Applications:
XRPL Grants is moving from a set application timeframe to a “rolling application” structure. This means your team no longer has to submit your application during a set window; and can apply at any time in 2024.
Four-Stage Review Process:
Projects will begin by submitting a simplified interest form and receive updates at each stage in the process within 2-4 weeks.
- Eligibility and Interest Form: The Eligibility and Interest form will help determine if your project is eligible to receive funding from XRPL Grants, and if eligible, you will be invited to complete a full expanded application form.
- Full Application: Here, potential projects will provide more in-depth project details to ensure the best fit with the XRPL Grants program, with a deep-dive into the team as well as the existing project prototype (and code). At this stage projects will go through a full judging and technical review process.
- Finalist Interviews: Top applicants will be invited to participate in a 45-min finalist interview to further present and pitch their projects and receive feedback from members of the panel of experts, including judges with both a technical, product and business background.
- Awarding: Awardees will be determined and notified following the interview phase. The XRPL Grants team will then meet with the teams to provide onboarding support for their award process.
Judging Panel:
The judging panel includes renowned subject matter experts in blockchain business development and business: CTOs, product managers, academics and researchers, and XRPL Community members, including past awardees. The judging committee can be viewed here. New judges for 2024 will be added and announced at a later date.
The XRP Ledger Grants program is an exciting way to help empower you to focus on development without financial constraints within a thriving space of buildings and developers. Previous awardees include Crossmark, a browser extension wallet built for interacting with the XRP Ledger, and Amora, a Shopify App that allows merchants to mint XLS-20 NFTs on the XRPL, associate those NFTs to token-gated campaigns, and reward customers. After all, who wouldn’t want to build on top of a blockchain ecosystem that offers unparalleled speed, security, and energy efficiency, for groundbreaking applications?
Who Should Apply?
We're looking for start-ups and developers interested in building across a wide range of areas, including:
- Decentralized Finance (Defi)
- Infrastructure/Security
- Tokenization
- Usability/Developer Tooling
- Sustainability
- Gaming
What Do I Need To Apply?
At a minimum, teams should have the following to apply:
- Project Prototype
- Proof of Project Code
- Development Roadmap
- Timeline of 3 to 12 Months
- At least, one experienced software developer on the core project team
Disclaimer: The XRPL Grants program reserves the right to decline any project. Reports of harassment, doxing, etc., including targeting program members or judges, will not be tolerated under any circumstances. Please review the XRPL Grants Terms and Conditions and XRPL Contributor Code of Conduct for more information.
How Do I Get Started?
Head over to the XRP Ledger Grants website to learn more about the application process, explore the types of projects we fund, and get inspired by previous grant recipients. Don't miss this opportunity to be a part of the future of payments! We can't wait to see your groundbreaking ideas come to life.
Have questions?
- Sign-up for a Live Info Session on April 23, 11am PT: Registration Link
- Stay tuned for our XRPL Grants’ Wave 7 announcement coming soon!
- To hear the latest about all things XRPL Grants-related and be notified when applications open, sign up for the XRPL Grants email list on the website.
Are you interested in learning more about the XRPL and getting involved in the community?
Explore the XRPL Developers Discord, the XRP Ledger Learning Portal, and the extensive documentation available on XRPL.org. You can also participate in XRPL Community Events and Hackathons to engage with like-minded individuals and stay abreast of the latest developments in the XRPL ecosystem.
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