Ripple Execs Debate New Foundation to Oversee XRP Grants and Distribution

Panos Mekras suggested Ripple donate 30 billion XRP to XRPL Foundation to enhance XRP ecosystem via grants, marketing, etc.

Ripple CTO David Schwartz responded that simply transferring XRP and expecting responsible usage is unrealistic.

Schwartz noted challenges in devising appropriate restrictions due to unpredictable future.

Schwartz acknowledged Ripple's distribution challenges, saying it's proven more complex than anticipated.

Community member Drew Surmenian proposed an independent foundation to oversee XRP distribution and provide grants.