Ripple CTO David Schwartz was pleasantly surprised by the number and quality of projects built on XRP Ledger. The developer noted several projects, including Sologenic’s NFT marketplace and the onXRP modular ecosystem.
Commenting on Sologenic, Schwartz said everything is fine, but there will be improvements once the problem with XLS-20, a blockchain amendment that should significantly optimize NFT on XRPL, is resolved.
It’s pretty amazing. It is a bit clunky in places, but I think most of that comes from making NFTs work on a platform that wasn’t designed for them. XLS-20 should make a huge difference.
β π³ππππ ππππ ππππ£ (@JoelKatz) September 26, 2022
Speaking of onXRP, a Ripple official noted the quality of the user interface. Then, in response to the praise, onXRP announced the release of its marketplace, which the team has been working on for the past seven months.
It’s amazing how many XRPL projects I know nothing about!
β π³ππππ ππππ ππππ£ (@JoelKatz) September 26, 2022
For example, Sologenic’s native token, SOLO, got its first listing on the major cryptocurrency exchange, Huobi, in July, as one of the prominent XRP Ledger projects. onXRP, on the other hand, recently announced its first free-to-play battle royale game, Maladroids. In addition to featuring artists from Armin Van Buuren’s major electronic music label, Armada, for its soundtrack, the game offers earnings in XRP and the ecosystem’s native token, OXP. Previously, onXRP introduced an on-ramp solution to buy XRPL-built assets for fiat and a cross-chain bridge in collaboration with AVAX.
XRP Ledger powers Balmain NFTs during Paris Fashion Week thanks to this partnership
At the forthcoming Paris Fashion Week, the luxury fashion house Balmain will present its NFT membership collection alongside its new clothes show. What makes these NFT creations special is that the basis for their creation is XRP Ledger, chosen by Balmain’s developer and partner, MINTNFT.
The membership program, whose full name is “The Balmain Thread,” was created by MINTNFT on XRP Ledger for a reason. According to the text of the press release, it was important that the platform for creating the NFT be carbon neutral and eco-friendly, for which XRPL’s capabilities were perfectly suited. This was also important for Balmain, given the latest trends in the fashion world that focus on sustainability, environmental, social, and corporate responsibility.
A total of 10,000 Balmain NFT memberships will be available. Their holders will be able to access real and virtual events from the fashion house, rewards, and achieve greater immersion in Balmain life.
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