In a bid to foster a stronger multi-chain NFT ecosystem, the popular NFT marketplace and minting platform Mintable has enabled minting and transactions on the XRP Ledger (XRPL) from enterprise blockchain and crypto solutions provider Ripple. XRPL is an environmentally friendly blockchain known for fast and cost-efficient asset tokenization. In addition to enabling XRPL-based buying, selling, and minting of NFTs, this integration will provide a no-code means for independent creators to launch high-quality NFT projects and help recipients of Ripple’s Creator Fund to bring their NFT projects to market on the XRPL.
Mintable CMO Patrick Chin believes that the XRPL blockchain will prove to be “very valuable” to the NFT ecosystem. Being that it is “highly secure and energy efficient”, XRPL can “help the industry overcome adoption barriers”.
While there are other blockchain alternatives to Ethereum in the NFT space, XRPL is well-known for being extremely reliable and is often seen as the blockchain best suited for enabling settlement and liquidity of tokenized assets at scale — a reputation it has maintained for the past 10 years.
“We are proud to be Ripple’s NFT partner,” Chin added, “and make the NFT industry more sustainable and efficient.”
Emi Yoshikawa, Ripple’s VP of Strategy and Operations, is just as “excited to partner with Mintable to help bring in new creators” that build “innovative Web3 projects with real utility” to the XRP Ledger.
Mintable, the top technology platform in the NFT trading space, pioneered gasless minting on Ethereum in April of this year. The Mintable ecosystem, which also includes the enterprise NFT solutions provider Mintology, is known for hosting NFT projects from high-profile artists and celebrities, including Grammy Award winners and 20th-century avant-garde artists.
To learn more about XRPL NFTs on Mintable.
Mintable is a utility-focused marketplace, with every feature dedicated to improving the NFT trading experience. As the top technology platform in the space, Mintable has pioneered gasless minting, batch minting, and credit card purchases of NFTs. In 2021, Mintable announced the backing of a list of high-caliber investors including renowned venture capitalist and television personality Mark Cuban; Sound Ventures, a venture capital firm founded by Ashton Kutcher and Guy Oseary; and TIME Ventures, the investment fund for Marc Benioff. To date, Mintable has sold and auctioned works by Grammy Award-winning artists, 20th-century avant-garde artists, and various high-profile artists and celebrities. In addition to the Marketplace, the Mintable ecosystem also includes Mintology, an NFT solutions provider for enterprises.
About the XRP Ledger
The XRP Ledger (XRPL) is an open-source, public, and decentralized Layer 1 blockchain led by a global developer community. It is fast, energy-efficient, and reliable. For more than ten years, it has been the blockchain best suited to enable the settlement and liquidity of tokenized assets at scale. With the ease of development, low transaction costs, and a knowledgeable community, it provides developers with a strong open-source foundation for executing the most demanding projects — without impacting the XRPL’s lean and efficient feature set. XRPL enables a wide variety of services and uses cases including payments, decentralized finance, and tokenization. Learn more at XRPL.org.
Ripple is a crypto solutions company that transforms how the world moves, manages, and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost-effective — solving inefficiencies that have long defined the status quo. Together with partners and the larger developer community, Ripple identifies use cases where crypto technology will inspire new business models and create opportunities for more people. With every solution, they realize a more sustainable global economy and planet — increasing access to inclusive and scalable financial systems, while leveraging carbon-neutral blockchain technology and a green digital asset, XRP. This is how Ripple delivers on their mission to build crypto solutions for a world without economic borders.