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Ripple has invested through its investment initiative Xpring and has ambitious goals of using blockchain and cryptocurrency to revolutionize the music industry. Xpring’s primary goal is to connect entrepreneurs with the utilization of XRP.
Raised in Space Enterprises is headquartered in Santa Monica, California which is the music hub of the world, similar to how Silicon Valley is IT’s headquarters and Malta is becoming Blockchain island!
The music company boasts of being founded by Ithaca Holdings which is led by Zach Katz who is a known music entrepreneur.
Overall Raised in Space will help fund music space in areas such as creation, distribution, fan engagement, ticketing, touring and guiding of projects.
Ripple Labs launched its Xpring venture capital fund to put money into projects that are run by high-profile entrepreneurs. Obviously, Xpring only invests in those startups that utilize XRP and the XRP Ledger in order to give a boost to its ecosystem. Raised In Space will make use of Ripple’s Blockchain ‘when applicable.’
Archived: http://archive.is/Imlqg
Original: https://blockmanity.com/news/xrp-enters-the-music-industry-ripple-invests-in-santa-monica-based-startup/
Ripple has invested through its investment initiative Xpring and has ambitious goals of using blockchain and cryptocurrency to revolutionize the music industry. Xpring’s primary goal is to connect entrepreneurs with the utilization of XRP.
Raised in Space Enterprises is headquartered in Santa Monica, California which is the music hub of the world, similar to how Silicon Valley is IT’s headquarters and Malta is becoming Blockchain island!