Ripple to Create Standards Allowing Complex NFT Solutions on XRPL Platform

Ripple to develop standards to build advanced NFT solutions on XRPL XRPLCommunity XRP XRPL NFTCommunity XRPArmy XRPCommunity

. Participants in the first wave of the NFT Creator Fund will use NFT-Devnet, a beta environment that improves XRP Ledger's NFT capabilities.

While the majority of early NFT use cases revolved around avatars, art and collectibles, more utility-based applications are starting to emerge, necessitating the development of more advanced NFT solutions on the XRPL., Ripple stated that as the technology and its use cases improve, it will be these real-world applications that will continue to enrich NFT experiences and provide value to the community.

Media & Entertainment, Carbon Credits and Real Estate are among the primary utility-based use cases that it believes will have the most immediate impact. Ripple said it plans to uncover further tokenization possibilities on XRPL as projects are developed, previewed and tested on NFT-Devnet.

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