Mintable, An NFT Marketplace Built On Ethereum, Now Supports XRP Ledger
In a recent development shared by Mintable, an NFT marketplace built on Ethereum said that it has welcomed the XRP ledger to the NFT ecosystem.
Mintable tweeted; “Mintable now supports XRPLedger!” Mintable announced. “We’re excited to introduce one of the most secure, sustainable, and efficient blockchains to the NFT ecosystem.”
The new development that came on the XRPL was a result of its level of scalability, security, and eco-friendliness. Mintable hints that it will announce support and incentive programs for XRPL NFT creators and traders soon.
Mintable Gets A lot Of Benefits For XRP Ledger Users
Notably, Mintable has a lot of good to offer the XRPL users which ranges from the minting of NFT at zero gas fees and more also, NFT creators can set any royalty rate, which calms at 5 to 10%.
Furthermore, the pro service equips users with tools for advertising, the ability to create custom stores, and 24/7 customer support. Furthermore, it is beginner friendly as it offers a vast array of educational articles and videos.
It is worth noting that the Mintable NFT marketplace has just been ranked by DappRadar to be at the position 113th largest NFT marketplace by volume and more also, it is currently it has seen 10 transactions in the past 24 hours.
The excerpt from the press release noted; “We are excited to partner with Mintable to help bring in new creators and projects building innovative Web3 projects with the real utility to the XRP Ledger,” Emi Yoshikawa, VP of Strategy and Operations at Ripple,
More also, the PR said that Mintable will support projects from Ripple’s creator Fund recipients.
Following this update, the ripple community has been so pleased with it as many of them commented positively towards the development. For instance, a user stated that people use XRP contrary to narratives spread by proponents of other ecosystems.
It is worth noting that NFT became the XRP Ledger’s native at the end of October after a setback owing to a bug fix, despite all these, it experienced the minting and launch of 240,000 NFTs and 9000 NFT collections in a week.
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Dr. Olajide Samuel juggles the demands of medical studies with a passion for cryptocurrency. A seasoned blogger, Olajide shares his vast global knowledge of the crypto space, offering insights to enthusiasts. Despite his busy schedule, his commitment to crypto remains strong, and he actively seeks ways to contribute to its future.
