No products in the cart.
- Latest
- Trending
ADVERTISEMENT
Non-fungible tokens have arguably become a prominent and popular niche in the decentralized space.NFTs have been around for a while, but it wasn’t until 2021 that the technology rose to stardom. 2009, dubbed the “Year of NFTs” and also the Collins Dictionary word of the year.
However, NFT’s trajectory did not stop in 2021. As it sees more adoption, it continues to fly higher and higher, bringing in more developers, creators and stakeholders, just to mention a few. Pioneers and promoters of NFTs, including enthusiasts and markets.
of onXRP NFT Marketplace Another magnificent haven to publicly issue and trade NFTs without third-party interference.It’s a trading niche for onXRP ecosystem was co-founded by Kaj Leroy, Bastiaan van Roekel and Louis de Jong in Q1 2022. This ecosystem is underpinned by a very fast and efficient XRPL (XRP Ledger) and like onXRP, the ecosystem incorporates all his XRPL activities. A flexible and modular ecosystem.
market One of the most exciting features of all existing modules on the ecosystem. Protect 360 collections of NFTs across eight categories: art, collectibles, games, music, photos, sports, trading cards, and utilities. As in other marketplaces, investors and enthusiasts can bid on her NFTs during the auction, but NFTs can also be purchased immediately. NFTs listed on this marketplace are categorized as XRPL NFTs, so they are priced and purchased with XRP tokens.
XRPL NFTs are the XLS-20 token standard representing NFTs created in the XRP Ledger. As with all decentralized tokens, there are respective standards that indicate the network in which the token was created, and XLS-20 is the token standard for all NFTs created on the XRP Ledger.
Confused about the XRP Ledger and Ripple?
Let’s quickly dispel that misconception.
Ripple is a financial company that built a global payments network on a public blockchain network called the XRP Ledger (XRPL). XRPL was created by his Ripple co-founder Chris Larsen in 2012 to make XRP the network’s native token and used for cross-border payments. XRPL is an open source network, so anyone can participate in its development. This led to the onboarding of the onXRP ecosystem in XRPL.
Now you understand why onXRP, Ripple and XRPL have different founders/co-founders.
Prior to announcing the XLS-20 token standard, Ripple had pledged $250 million to explore NFT innovations on XRPL. This initiative is interesting and led to the development of his XLS-20, which is compact and efficient with no negative impact on scaling XRPL transactions.
Return to onXRP Marketplace
Like other marketplaces, onXRP has a sizeable list of top NFT collections sought after by investors/enthusiasts. These best-selling NFTs of his include:
The XPUNK collection is the brainchild of the co-founders of the onXRP ecosystem. The collection showcased a 24 x 24 pixel canvas of 10,000 NFTs uniquely marked by 10 attributes. These glamorous attributes span faces, facial hair, hair and hats, eyes, eye features, eye wearables, neck wearables, mouth attributes, and piercings, with each NFT having a minimum of four attributes. All his NFTs in this collection have his trademark X mouth, which represents his love and loyalty to XRPL. XPUNK’s current lowest price is 1350 XRP, but the collection reportedly hit a sales volume of 8 million XRP.
The Bored Apes XRP Club is a collection of 10,000 premium NFTs made with the XRP Ledger. Also known as X Apes, it differs from the BAYC collection hosted on the Ethereum network. Every NFT in this collection is uniquely characterized by various attributes that define the rarity scorecard. Those attributes include backgrounds, clothing, earrings, eyes, fur, hats, and mouths, which are also defined by type. For example, there are 47 clothes, 43 hats, 33 mouths, 28 eyes, 23 furs, 9 backgrounds, and 6 earrings.
Just as Apes on the Ethereum network received Mutation Serum, so did all X Ape owners who received HOG as an airdrop (loyalty reward). These HOGs are another collection of 10,000 NFTs that will be used to mutate X Apes in the near future. Owning these X Apes provides many benefits such as daily Baynana drops, weekly jungle events (such as treasure hunts), access to Metaverse lands, upcoming games, and more. X Apes has a floor price of 550 XRP on the XRP Marketplace and has recorded a trading volume of over 3 million XRP.
XSPECTAR is another top collection of NFTs on the onXRP Marketplace. The collection currently has an undisclosed number of NFTs, each with 14 attributes that define their rarity. These NFTs feature agents with various weapons, ice creams, donuts, chocolates, detonators, cyberphones, flasks, handbags, lipsticks, microphones, milkshakes, and more. It currently has a lowest price of 290 XRP and a trading volume of over 430,000 XRP.
Trading NFTs includes buying and selling NFTs on the market. This is an essential factor driving NFTs and their adoption. As with any marketplace, trading NFTs on the marketplace requires connecting a non-custodial wallet such as MetaMask, Trust Wallet, etc. To buy or sell NFTs on the onXRP marketplace, XUMM wallet.
The XUMM wallet is a non-custodial wallet that allows users to interact with the XRP Ledger and third-party tools. The wallet is secure and fast with XRPL 1500 tps (transactions per second) to execute transactions within 4-5 seconds. XUMM is only compatible or available on mobile devices such as Android and iOS. No web version or extensions.
You can now buy and sell NFTs on the Marketplace. The user can also create or create her NFT on the platform by clicking on the Create tab in the top right corner.
To launch an NFT collection or project using onXRP Launchpad, you need to connect a new or newly activated wallet with no transaction history. Please note that Launchpad is not for personal mining, but for his NFT projects in corporations.
onXRP is another interesting market driving the adoption of non-fungible tokens. Part of the onXRP ecosystem that powers the XRP Ledger with XLS-20 NFTs. Besides his NFT collection above, there are various other fascinating NFT collections of his on the market.
want more? Connect with NFT Plaza
Join our weekly newsletter
Join Discord
follow me on twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
Technical writer with a passion for blockchain and all things decentralized world.
