MVP Booster Grant Recipients: RPFS, XRDegen, Liquify | The Radix Blog

The 250M XRD Radix Ecosystem Fund actively fosters innovation throughout the network via its targeted grants program. This update showcases three projects—RPFS, XRDEGEN, and LIQUIFY—that have successfully obtained MVP Grants. These ventures are breaking new ground within the network by offering decentralized storage solutions, an NFT marketplace, and options for liquid staking.

RPFS

RPFS delivers a rapid, scalable, and secure solution for IPFS data storage, seamlessly integrated with the Radix network. This protocol connects Radix’s decentralized ledger with IPFS, granting developers and users easier access to distributed storage functionalities.

Notable features include:

• Simple file pinning to IPFS from Radix
• Folder creation and management
• Gateway enforcement for security
• API access for developers
• A fully decentralized storage layer

“While developing the Foton marketplace, which utilizes IPFS for NFT storage, we began to consider a storage solution specifically for the Radix ecosystem. With support from the Radix MVP grant, we were able to cover initial service and infrastructure costs to initiate and test our concept. We now look forward to expanding our service and facilitating connections with various dApps, making data management easier for creators.” – RPFS Team

XRDegen

XRDEGEN is a prominent launchpad and marketplace for NFTs within the Radix ecosystem, providing a robust platform for both creators and collectors. It streamlines the NFT collection launch process and offers tools for asset management and trading.

Key attributes include:

• Launchpad Tools – Makes NFT project initiation straightforward with customizable profiles, CSV support, progressive minting, and automated royalty management.
• Fair Minting System – Incorporates randomized minting and a transparent fee structure to ensure fairness for all users.
• Project Discovery & Trust – Features project verification and optional team identification for boosted trust and visibility.
• Comprehensive Marketplace – Allows users to mint, buy, or sell NFTs effortlessly, with built-in rarity ranking and collection analytics.
• Community Engagement & Rewards – Implements a points system that encourages activity like minting and trading.

“Since the launch of XRDEGEN as the first complete NFT marketplace on Radix, we’ve received tremendous feedback from the community. Many users have expressed their excitement and appreciation. It’s important to note that without the Radix Grants Program, XRDEGEN might not have come to fruition. The support we’ve enjoyed from the foundation has been invaluable. If you have a promising idea, we encourage you to reach out! XRDEGEN stands as a testament to the support available for turning visions into reality.” – XRDegen Team

Liquify

Liquify introduces a cutting-edge orderbook platform aimed at enhancing liquidity for native Liquid Staking Units (LSUs) on the Radix ledger. It overcomes challenges associated with traditional unstaking processes, offering a more flexible and immediate approach.

Significant features consist of:

• Orderbook Mechanism: Empowers users to provide XRD liquidity for LSUs at defined discounts.
• Immediate Liquidity: Allows LSU holders to convert to XRD without the usual waiting times associated with unstaking.
• No Oracles Necessary: Relies on Radix Engine’s insights into LSU values, bypassing the need for external price feeds.
• Uniform Treatment of LSUs: Streamlines the liquidation process by treating all LSUs equally.

“The MVP grant was vital for Liquify, especially since I’m currently a solo developer. This funding enabled me to address a range of tasks outside my expertise, allowing me to concentrate on the software’s core aspects.” – Liquify Team

The Radix Foundation consistently supports initiatives that fortify the ecosystem’s infrastructure, enhance user experience, and boost overall adoption. These three projects exemplify the diverse range of innovation occurring across the network, from decentralized storage to NFT solutions and liquid staking infrastructures.

Stay tuned for further news on additional recipients of Radix Grants as the ecosystem expands.