It appears blockchain projects are taking notice of the XRP Ledger and starting to build on it. The XRP Ledger is able to handle ICOs, and has a built-in system for any user to be able to create and issue a token.
Allvor, a new ICO, just announced on XRPChat.com that it’s project is built on the XRP ledger.
This is huge for Ripple! Look at what ICOs launching on Ethereum network did for the value for Ethereum. The XRP Ledger is faster and more scalable than the Ethereum Network! Demand and utility drive the price up!
I definitely support ICOs launching on the XRP Ledger as long as they are legit. Always do your own research! Don’t invest blindly in ICOs.