📢 The ProPicks AI strategy to watch when Tech rally slows down. It did 2X the S&P in July!Unlock AI Insight

XRPL NFTs: Xahau Monsters Collection Kicks Off

Published 2023-10-29, 12:15 p/m
© Reuters.  XRPL NFTs: Xahau Monsters Collection Kicks Off
XRP/USD
-

U.Today - With the new collection, anyone can support the progress of Xahau, one of the experiments with XRP Ledger programmability. In the future, the community-funded node cluster will be open for free usage.

Xahau Monsters NFTs auction kicks off on XRP Ledger

Xahau Monsters, a collection of monster-themed non-fungible tokens (NFTs) is launched by the XRPL wallet Crossmark and XRP enthusiast Ekiserrepe. The NFTs can be purchased via Crossmark, which is also the first XRP-centric browser wallet with an automated market maker and cross-chain support.

The collection is inspired by the upcoming Halloween event and commemorates the Hooks amendment that brings programmability to XRP Ledger:

Most interesting, these NFTs are designed as a form of fundraising for node management on Xahau, a smart contracts-enabled sidechain for XRP Ledger. All proceedings from the upcoming auction will be used to run the Xahau validator and Xahau node cluster hosted by Crossmark.

Upon the conclusion of the sale, the Xahau node cluster will be added to the Crossmark wallet and opened for free usage for all XRPL and Xahau enthusiasts.

The auction kicks off today, Oct. 28, 2023, on XRP Cafe, one of the largest NFT marketplaces in the XRPL ecosystem. NFTs can be tracked via the Bithomp explorer.

As by U.Today previously, the Xahau sidechain is on track to mainnet launch in 2023.

XRPL targets 3 million NFTs issued, data says

Last week, it was also announced that Ripple's ally SBI Holdings would issue official Expo 2025 NFTs on XRP Ledger. The mint ceremony will take place in May 2024.

In Q4, 2023, an ecosystem of XRP Ledger NFTs smashed through a number of impressive growth milestones. According to XRP Market tracker, the net number of NFTs on XRP Ledger added over 38% in the last 30 days.

As of printing time, 2,941,483 non-fungible tokens are issued on XRPL. All-time NFT sale volume exceeded $40 million in October 2023.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.