Ripple (XRPUSD)

[europa7]

XRP-Focused Startups...the future for XRP use imo...

very interesting...

Ripple Launches ‘Xpring’ Initiative to Invest in XRP-Focused Startups
https://www.coindesk.com/ripple-launches-xpring-initiative-to-invest-in-xrp-focused-startups

"...Ripple has launched an initiative that aims to give entrepreneurs in the blockchain space a better start in business – as long as they boost its own ecosystem.

Announced Monday, Xpring (pronounced “spring”) will invest in, acquire and provide grants to “serious” projects and companies run by “proven” entrepreneurs, a company release states.

The venture capital fund will only provide support to startups and projects that make use of the digital asset XRP and the open-source XRP Ledger – blockchain technology with which Ripple has built tools aimed at enterprise businesses.

The firm said, “as one of the few blockchain companies with traction for a non-speculative use case, we feel we’re uniquely positioned to support entrepreneurs in a meaningful way.”

Ripple has appointed Ethan Beard, ex-director of the Facebook Developer Network, as senior vice president to head up the Xpring startup incubator and Ripple’s developer program.

Beard commented in the release:

“Blockchain and digital assets have the ability to solve important problems and XRP – with it’s speed, scalability and demonstrated real-world use case – is a great tool for startups and entrepreneurs to build businesses around.”

background info re: Ethan Beard, ex-director of the Facebook Developer Network

Former Facebook Developer Network Director And Googler Ethan Beard
https://techcrunch.com/2014/02/04/former-facebook-developer-director-and-googler-ethan-beard-joins-greylock-as-eir/

Ethan Beard https://www.linkedin.com/in/ethanbeard/
SVP at Ripple
https://www.facebook.com/ethan
https://www.crunchbase.com/person/ethan-beard#section-overview

"...Previously, Ethan served as Director of the Facebook Developer Network, where he oversaw worldwide developer relations, operations and productmarketing for the Facebook API.

Prior, he served as Director of Business Development at Facebook leading the team responsible for creating and managing strategic partnerships. Ethan joined Facebook from Google, where he served as Director of Social Media and Director of New Business Development.

Prior to Google, he spent several years as Director of Business Development for MTV Online. Earlier in his career, Ethan co-founded BigSoccer, an online community and store for soccer fans, and spent time structuring derivatives at Bank of America.

He holds a Bachelor of Science in Economics from the Wharton School of Business and an MBA from NYU Stern..."