Mintable’s partnership with Ripple is a step forward in the multi-chain future of the NFT ecosystem, bringing one of the most trusted and resilient blockchains to the wider NFT community.
Mintable now supports NFT transactions and minting on the XRP ledger
SINGAPORE, November 16, 2022 (GLOBE NEWSWIRE) — Mintableleading NFT marketplace and mining platform, has launched support for non-fungible tokens (NFT) on XRP accounting (XRPL), a fast and energy efficient blockchain for asset tokenization. Users will now be able to buy, sell and mint NFTs on XRPL safely, easily and at minimal cost. Mintable will partner with Ripple, a leader in enterprise blockchain and crypto solutions, to bring together creators and developers to create high-quality NFT projects and provide a no-code solution for independent creators on XRPL.
While there are currently many alternatives to the Ethereum blockchain in the ecosystem, creators and developers can benefit from XRPL’s years of reliability to ensure settlement and liquidity of tokenized assets at any scale. XRPL leads a global developer community that provides a strong and flexible open source framework for a variety of use cases. With over a decade of uptime, XRPL has become a solid foundation for a variety of applications including payments, tokenization, and now NFT.
“XRPL is a valuable addition to the NFT ecosystem. It is a combat-proven and highly reliable blockchain that will help overcome NFT adoption barriers associated with security and environmental concerns. Patrick Chin, director of marketing at Mintable. “Ripple is working with some of the largest companies in the world and will bring a number of valuable partnerships to the NFT ecosystem. We are excited to join their ranks as a Ripple NFT partner to help with their NFT initiative and introduce one of the most secure, sustainable and efficient blockchains in the NFT ecosystem.”
“For over 10 years, XRP Ledger has been a trusted blockchain for developers due to its security, speed, and scalability of asset tokenization,” the post reads. Emi YoshikawaVice President of Strategy and Operations ripple. “We are excited to partner with Mintable to help attract new authors and projects creating innovative Web3 projects with real value for the XRP Ledger.”
As part of its partnership with Ripple, Mintable will also support recipients from the Ripple Creator Fund to help bring their NFTs to market on the XRP Ledger.
Mintable is a utility-focused marketplace with every feature designed to enhance the NFT trading experience. As the leading technology platform in this field, Mintable has become a pioneer in gasless minting, batch minting and NFT purchase with credit cards. In 2021, Mintable announced it is backing a list of major investors, including renowned venture capitalist and television personality Mark Cuban; Sound Ventures, a venture capital firm founded by Ashton Kutcher and Guy Osiri; and TIME Ventures, Marc Benioff’s investment fund. Today, Mintable sells and auctions the work of Grammy Award-winning artists, 20th-century avant-garde artists, and various famous artists and celebrities.
In addition to the Marketplace, the Mintable ecosystem also includes Mintology, a provider of NFT solutions for enterprises.
To learn more about XRPL NFT on Mintable, visit https://editor.mintable.com/xrpl/.
About the XRP registry
XRP Ledger (XRPL) is an open source, public and decentralized Tier 1 blockchain led by a global developer community. It is fast, energy efficient and reliable. For more than a decade, this blockchain has been best suited for settlement and liquidity of tokenized assets at any scale. With ease of development, low transaction costs, and an experienced community, it provides developers with a solid open source foundation to complete the most demanding projects without impacting XRPL’s cost-effective and efficient feature set. XRPL provides a wide range of services and use cases, including payments, decentralized finance, and tokenization. Find out more at XRPL.org.
Ripple is a crypto solutions company that is changing the way the world moves, governs, and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost-effective – removing inefficiencies that have long defined the status quo. Together with partners and the wider developer community, Ripple is identifying use cases where crypto technologies will inspire new business models and create opportunities for more people. With each solution, they enable a more resilient global economy and planet by expanding access to inclusive and scalable financial systems while leveraging carbon-neutral blockchain technology and the green digital asset XRP. This is how Ripple fulfills its mission of creating crypto solutions for a world without economic borders.
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