Non Fungible Tokens In XRP Ledger

Published on: 26.05.2021

Ripple developers has announce support to integrate NFT in the XRP Ledger.

According to a blog post, XRPL is best suited for non fungible tokens and may soon be a blockchain of choice for NFTs.

Factors such as minting and sustainability can be addressed in the XRPL NFT ecosystem.

Minting will be cost-efficient so users will not be burdened with high transaction fees and sustainable NFT apps and marketplace that will give better profit for creators and easy access to consumers.

This move by Ripple is apparently a huge step forward and a massive increase in efficacy for the process of minting and trading NFTs and will surely address some issues regarding carbon footprints in the environment.

#SmartCrypto

 

 

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