Ripple’s Xpring Gives $265 Mil in XRP to Content Platform Coil


Content monetization platform Coil receives 1 billion XRP grant from Ripple’s Xpring initiative. Ripple’s infrastructure development and XRP adoption initiative Xpring announced a 1 billion XRP (roughly $265 million) grant to web monetization platform Coil on Aug. 15. Coil will reportedly use the funds to build an ecosystem of creators, developers, companies and nonprofits that use XRP through the Web Monetization open standard.Giving creators control over distribution and monetizationCoil is a platform that provides an alternative method for creators to monetize their content on the internet. Users can post public and exclusive content on the platform, which is automatically enabled…
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Ripple’s Xpring Gives 5 Mil in XRP to Content Platform Coil

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