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Ripple/XRP (a cryptocurrency company) just granted 200k USD to Social Web Foundation, "...to research sustainable revenue and operating models for digital publishers and community-run platforms":

https://interledger.org/news/interledger-foundation-awards-200000-social-web-foundation-support-decentralized-social-media

This means they will be able to influence the development of the ActivityPub specification at W3C.

For those who don't know: Interledger, WebMonetization and OpenPayments are basically the same thing, these projects were created by Ripple ~10 years ago in order to insert their cryptocurrency and related payment services into web standards. These projects are sometimes presented as independent, but this is a lie, they are not (not in 2019, not in 2025).

Needless to say, Ripple itself is a borderline scam: https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/. It's not even a cryptocurrency really, their infrastructure is completely centralized and no one in cryptocurrency space takes them seriously. But they have a lot of money to bribe people, so I am sure that we will hear more about their adventures soon.

RE: https://socialwebfoundation.org/?p=99982

@silverpill

The grant is for four subprojects:

1. Fediverse sustainability. What are the economic, psychological and emotional pressures on instance operators and other infrastructure providers? How can we support them?

2. Creator economy. What social, organizational, and technical infrastructure do content creators depend on? What are we missing on the Fediverse?

@silverpill

3. Cooperatives. social.coop, cosocial.ca and data.coop are all great examples of coops on the fediverse. Does this democratic and participative corporate structure provide an advantage for the Fediverse?

4. Web Monetization. Many Fediverse projects have implemented this API. We'll be identifying two more multimedia projects and helping them use the protocol.

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