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Topic: Ripple Giving $50m USD to Top Universities to Encourage Blockchain Research (Read 206 times)

full member
Activity: 868
Merit: 116
For me, due to Ripple is created by big banks ( who have a huge proportion of money ), and they invested  a big budget of money in this cryptocurrency, that's why XRP has a large value of Market cap ( more than 13 Billion Dollars ) and now it is one of the best cryptcurrnecy on the market after Bitcoin and Ethereum. I think that the only goal for creating this coin is to become worth more than Bitcoin, maybe this is a strategy from the governemnts.
On the other hand,  it is sure that Ripple can give a huge amount of money in order to Universities and others in order  to Encourage Blockchain Research, it is certain that  they have a goal from that investment.
sr. member
Activity: 798
Merit: 250
homt.net
"Today, Ripple Labs announced that it is partnering with 17 universities to launch a research initiative program designed to advance the industry. Titled the “University Blockchain Research Initiative” (UBRI), Ripple is donating $50 million USD (over $64 million CAD) to support blockchain research and innovation.
Ripple aims to grow the blockchain industry

According to a blog post from the Ripple team, the UBRI aims to accelerate academic research, technical development, and innovation in the blockchain industry.  "

https://discover.coinsquare.io/digital-currency/ripple-blockchain-research-50-million-donation/

Love or hate Ripple, I think this is a very generous move that is not only good for all things crypto, but for education in general and blockchain as well.

Real classy move.

What do you think?

I think this is a welcome development for the entire cryptocurrency community, Ripple research initiative will go along way to create improvement on the blockchain technology world. I want to encourage other crypto projects to do the same thing that Ripple has done.
full member
Activity: 658
Merit: 100
This is singular gesture will have  a long impact on the development of blockchain and adoption of blockchain technology in various fields and profession. For the ripple holders,  there will be long term value depreciation as a result of the money given as well!
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
There is a love and hate relationship where RIPPLE is concerned in the crypto space, but to be honest, any awareness initiatives going into the wider public at large is a great help indirectly to all the cryptocurrency market niches. I think to make Universities more aware of this Industry and how blockchain tech works is a good inroad towards mass adoption and we need more initiatives like this to enhance the digital world in general. RIPPLE has both the tech and the financial backing to make many things happen on a global scale.
full member
Activity: 490
Merit: 100
And it is such news that can really bring a big HYIP to the Ripple project, because in my memory this is probably one of the biggest projects that does such things, it seems to me that it is worthy of attention and HYIP.
jr. member
Activity: 112
Merit: 1
Very good news. Maybe it will push Ripple to grow up and return my losses from the investment in Ripple, which I have been holding for almost a year now.
member
Activity: 232
Merit: 36
ZERO
it sounds good. In the end the more people involved in the crypto world, the better. I think they need to launch several funds to support new developers who want to create their blockchain-based applications or software. I hope this will be a useful investment and will provide good change
newbie
Activity: 30
Merit: 0
This is a very exciting news that has driven the development of new development talents for encryption and blockchain applications or software, accelerating the adoption and more practical use of blockchain technology in everyday life. A great step towards a better future
hero member
Activity: 2128
Merit: 520
There's an impact regarding to this project, maybe it can increase interest when success happen to this research if more fresh minded students will be able to enhance the usage of the blockchain, then it will reflect and people will start to invest with ripple knowing the potentials and understanding how useful block chain for payments transactions then it can change minds, let see how will the outcome of this project.
legendary
Activity: 1137
Merit: 1000
I agree that giving away money is good. But don't forget, they didn't give money, they gave XRP tokens which they created from thin air. Anybody can do that, and if you think about it, this is almost similar to dumping. This is tokens NOT yet in circulation, if they give it and the unis all sell to get cash which they will need for their research (unless researchers don't mind getting paid in XRP), the market for Ripple will slump. Already fell 10% actually after this news.

I've seen this article but it's not something that can increase its value, ripple max $4 like last year.
jr. member
Activity: 238
Merit: 1
"JOIN THE NEXT MEGATREND IN CRYPTO!"
Ripple is doing very well and it is very smart what they do. For them is blockchain the future of some things, like the transactions who want they revolutionize. After the researchs about blockchain I think that it will add value to the whole ecosystem of Ripple.
member
Activity: 182
Merit: 10
Open and Transparent Science Powered By Blockchain
I've always thought that XRP is not a good token, so it's centralised and it can manipulate prices at any time.
So the money from these donations might come from ordinary people.
sr. member
Activity: 714
Merit: 261
That could be good news for the whole XRP holders here. I guess this will help grow the popularity of the XRP in the news, local paper, and aired in the TV's. This will rise the popularity surely and thus it may help the ripple community to grow its investment. But I always see one drawback with the ripple. The ripple is having unlimited emission of their coins and thus what they are giving away really is very small amount of their economy. Also dont forget guys that XRP is giving away our investment from their cartels.  Wink

Hope that they dont let us down in the meantime by giving away everything. They must stop the emission of XRP at some point to grow the demand of it and rise the prices.
member
Activity: 238
Merit: 11
A shitty way of making headlines for nothing. Ripple should be trying to do something real and useful instead of wandering around with no clear strategy.
full member
Activity: 247
Merit: 100
Blockchain will change the world.
Ripple is not decentralized, but it will make us money for sure.
sr. member
Activity: 644
Merit: 299
Never really been a good fan of ripple, but this is quite some generous move and an interesting one. It is good the team is really trying to make impact to at least improve the research done in universities in the aspect of blockchain and that is an important thing for the growth of the space. I still do not feel cool with the idea of centralization, but I truly applaud them on this one.
I agree that giving away money is good. But don't forget, they didn't give money, they gave XRP tokens which they created from thin air. Anybody can do that, and if you think about it, this is almost similar to dumping. This is tokens NOT yet in circulation, if they give it and the unis all sell to get cash which they will need for their research (unless researchers don't mind getting paid in XRP), the market for Ripple will slump. Already fell 10% actually after this news.
But at least they still did give, since what they have given do have some values created by its community anyway. Apparently, I do not expect the universities to keep holding the ripple without converting into fiat, unless there is a clause attributed to the giving we do not know about.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I agree that giving away money is good. But don't forget, they didn't give money, they gave XRP tokens which they created from thin air. Anybody can do that, and if you think about it, this is almost similar to dumping. This is tokens NOT yet in circulation, if they give it and the unis all sell to get cash which they will need for their research (unless researchers don't mind getting paid in XRP), the market for Ripple will slump. Already fell 10% actually after this news.
newbie
Activity: 238
Merit: 0
"Today, Ripple Labs announced that it is partnering with 17 universities to launch a research initiative program designed to advance the industry. Titled the “University Blockchain Research Initiative” (UBRI), Ripple is donating $50 million USD (over $64 million CAD) to support blockchain research and innovation.
Ripple aims to grow the blockchain industry

According to a blog post from the Ripple team, the UBRI aims to accelerate academic research, technical development, and innovation in the blockchain industry.  "

https://discover.coinsquare.io/digital-currency/ripple-blockchain-research-50-million-donation/

Love or hate Ripple, I think this is a very generous move that is not only good for all things crypto, but for education in general and blockchain as well.

Real classy move.

What do you think?

that is a very nice and right thing to do. I'm not a big fan of ripple, but this move made little closer to them, I guess that was also their PR intention to show they care...
newbie
Activity: 168
Merit: 0
A good jump from the Ripple could revive the market again nd for a long time , Ripple will never die

Yeah especially if they continue making moves like this, which are not only good for ripple, but for the whole world as well.
newbie
Activity: 168
Merit: 0
Great move for education, great move for blockchain and cryptocurrency, and of course, a great move for ripple (though the prices haven't changed much).

I think we'll see the ROI and the benefits in the future though.
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