By Alicia Maher
Non-Fungible Token (NFT) functionality for the XRP Ledger has been released by Mintable, a leading NFT exchange, and minting system. XRPL is a quick and efficient blockchain that can tokenize assets with little overhead.
Mintable Collaborates With Ripple
Users can safely and efficiently purchase, mint, and sell NFTs on XRPL platform. To facilitate the development of quality NFT applications and offer solutions for autonomous developers on the XRPL. Mintable will collaborate with Ripple, the market leader in corporate blockchain and crypto solutions.
Developers and creators may use the XRPL’s proven stability to facilitate settlements and trading of tokenized assets, even though there are presently several Ethereum-compatible blockchain alternatives in the ecosystem.
To support a wide range of applications, the XRPL is maintained by a worldwide group of developers. For over a decade, the XRPL has provided a solid foundation for many uses, including tokenization, payments, and NFTs.
The XRPL will be a great asset to the NFT community. According to Mintable’s chief marketing officer, Patrick Chin. “It is a highly secure and battle-tested blockchain that can help overcome NFT adoption challenges linked to safety and environmental issues.”
The NFT ecosystem will benefit from Ripple’s extensive network of business partners, including some of the world’s largest corporations. We are thrilled to be joining Ripple as an NFT partner to support their NFT mission and provide one of the most reliable, sustainable, and effective blockchain systems to the NFT platform.
According to Ripple’s VP of Strategy and Operations, Emi Yoshikawa. “The XRP network has been a renowned blockchain of preference for developers for over ten years owing to its security, scalability, and speed of tokenizing assets.”
“We are thrilled to collaborate with Mintable to attract new entrepreneurs and companies, developing cutting-edge Web3 applications with real-world use to the XRP Ledger.” Through this collaboration, Mintable will assist Creator Fund grantees in commercializing their NFTs on the XRP Network.
A Brief Description of Mintable
Mintable is a marketplace built around convenience, with every function to enhance the process of trading NFTs, innovating gasless minting, credit card purchases, and batch minting of NFTs. As a result, Mintable has established itself as the premier technological platform in the industry.
In 2021, Mintable reported receiving funding from several prestigious sources. They include the famous venture capitalist and media celebrity Mark Cuban, the Sound Ventures VC company created by Ashton Kutcher and Guy Oseary, and Marc Benioff’s TIME Ventures.
In its history, Mintable has auctioned and sold works by Grammy-winning musicians, 20th-century avant-garde artists, and other famous creators and performers. Mintology, a supplier of NFT solutions for businesses, is another part of the Mintable ecosystem.
About The XRP Blockchain
Open source and decentralized, the XRP Ledger (XRPL) is a Layer 1 blockchain managed by a worldwide group of programmers. It is quick, uses little power, and can be relied upon.
It is regarded as the finest blockchain for facilitating the widespread settlement and trading of tokenized assets. It has existed for almost a decade without compromising the XRPL’s minimal and efficient feature set.
It gives developers a solid open-source basis for delivering on the most demanding initiatives. Thanks to its simplicity of development, educated community, and low transaction costs.
Payments, distributed accounting, and tokenization are just a few of the many operations and use cases made possible by XRPL. Visit XRPL.org to find out more.
About Ripple
Ripple is a blockchain technology firm that develops innovative solutions for the transfer, custody, and tokenization of funds throughout the globe. Ripple’s business solutions are more efficient than the current quo because they are quicker, more transparent, and cheaper.
In collaboration with its partners and the broader developer community, Ripple seeks scenarios in which blockchain technology will lead to the development of novel business models. And also the subsequent expansion of access to economic opportunity.
Increased access to accessible and scalable banking systems using carbon-neutral blockchain technology and a green digital currency, XRP, are just a few of how they contribute to a more environmentally friendly global economy and planet. It is how Ripple fulfills its promise to provide cryptocurrency solutions for a global economy without boundaries.