- XRP Cafe, a top #NFT marketplace on XRP Ledger, shares news about upcoming XRPL amendments to improve NFTs.
- The amendments are set to pass within 24 hours due to meeting the required criteria and maintaining over 80% UNL vote #threshold for almost two weeks.
- NFTs on #XRP Ledger are integrated into the core protocol, don't require smart contracts, and were standardized by XLS-20 in Oct 2022.
- XLS-20 introduced features like royalties and #anti-spam measures to enhance NFT functionality and compliance.
- Automatic royalties for NFTs are enforced at the protocol level, safeguarding creators' rights and eliminating marketplace dependency.
- Since introducing NFTs in Oct 2022, XRP Ledger has seen significant progress, with NFT transactions consistently growing each quarter.
- In Q2, total NFT transactions increased, and NFTokenCreateOffer became dominant, accounting for over 50% of NFT transactions.
- Around 1.6 million NFTs have been minted with the XLS-20 standard by the end of Q2.
- Ducati, the motorcycle manufacturer, recently chose XRP #Ledger to launch its first Web3 digital collectibles.
