This will be the first concept implemented by a world-renowned motorcycle manufacturer, primarily aimed at strengthening its contact with its community, Ducatisti, and increasing brand awareness. With this decision, Ducati announced its entry into the Web3 space.
NFT PRO is said to be responsible for developing the collection as the company specializes in white label NFT solutions for businesses. Ripple, or rather XRP Ledger (XRPL), will take on the role of blockchain technology development for Ducati’s NFT projects.
In fact, the XRP Ledger is slowly becoming an increasingly popular platform for creating and developing NFTs. In January 2022, Ripple first released the NFT test version on the XRP Ledger, while also upgrading the protocol standard, allowing users to explore the full NFT functions on the platform, setting the stage firmly to embrace the key growth trend in the current market.
Coupled with the announced launch of the XLS-20 protocol, backed by Ripple’s $250 million NFT fund, and carefully built innovations like Hooks, XRPL’s presence in the NFT segment could become a serious competitor in the upcoming big platform race.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
This website uses cookies.