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Ripple partners with Web3 to integrate XRPL-based NFT into CrossTower

Ripple partners with Web3 to integrate XRPL-based NFT into CrossTower

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Answer Ripple partners with Web3 to integrate XRPL-based NFT into CrossTower

One of the world’s largest web3 companies and the blockchain company that runs the cryptocurrency payment system joined forces and entered into a partnership in the field of NFT.

We’re talking about CrossTower and Ripple here.

Thanks to the partnership, the NFTs minted on the XRP Ledger will appear on the CrossTower platform, so XRPL NFT developers and creators will have full access to the site’s functionality and exposure to a global audience.

According to Kabil Pathy, CEO of CrossTower:

Partnering with Ripple and using XRPL on the platform opens opportunities for CrossTower to expand into new markets.

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Supporting the XRP Ledger will reduce the cost of creating and producing NFT content by several times, which will open access to a lot of talent and strengthen CrossTower’s position in such a rapidly growing segment and the popularity of the crypto market.

He added:

XRPL NFT projects will be brought to market in the coming weeks.

Crypto and NFT have no boundaries or barriers.

Cain went on to say:

CrossTower is bright in its aspirations to conquer the Indian crypto market, despite the extreme harshness of the local authorities regarding cryptocurrencies.

The US-based company managed to open a branch in India late last year, and it hasn’t been intimidated by the continued tightening of laws and tax pressures.

Cain explained:

The company is very serious about establishing itself in this market of billions, having achieved success in the United States.

On the other hand, Ripple recently reported the successful testing of a new standard for creating complex NFT tokens on the XRP Ledger.

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According to Ripple, the update will not only help create multi-purpose applications, but will also allow it to be done quickly, cheaply and easily.

Previously, Ripple created a $250 million fund to launch the NFT program and sponsor XRPL NFT developers, and it appears to be moving forward.

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