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Ripple Pumps 1bn XRP in to coil.com in hope of taking over the Content Sharing scene

Ripple Pumps 1bn XRP in to coil.com in hope of taking over the Content Sharing scene

Colil.com had earlier this year a partnership and $20M investment into Imgur.
Users pay a $5 monthly subscription, which is paid out to content creators on a streaming basis depending on how much content the creator has.

Xpring has just allowed 1 billion XRP tokens to Coil.com.
We can conclude that Ripple seems to be trying to find a second use case for XRP, with this investment we can now be sure that they are not only striving for being a payments solution.


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