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

By WiseFishCM | Todayincrypto | 15 Aug 2019

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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