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Nick Rose, Ethernal Labs chief executive officer and founder said:“This partnership allows us to bolster the Web 3 ecosystem by pioneering cross-chain interoperability and bringing NFTs and digital assets to the masses.”Notable artists onboarded for this batch include Justin Bua, filmmaker Steven Sebring, and xPunks. They have come together to connect the convocation of diverse artists.
XRP total market cap at $37.81 billion on the weekend chart | Source:
Ripple Creator Fund
For the next application waves, independent and rookie creators can also shoot their material to join the Creator Fund.Real Utility And Web 3.0
The launch of the NFT-Devnet, a beta development environment seeking to assist more NFT creators in the industry, signaled a new turn in the industry. Ripple is slowly venturing into the world of Web 3.0 with the use of cases for tokenized assets. One report said that it had recently invested $100,000 to Feeturre, an entertainment and music marketplace.Related Article | Apple Co-Founder Steve Wozniak ‘Feels’ Bitcoin Will Be Worth $100,000
The entry to Web 3.0 is due to the possible utility increase of the XRP Ledger ecosystem. With the addition of their ledger, marketplaces like Feeturre will have lower fees and quicker settlement processes. Monica Long, the general manager of the app development arm RippleX, commented on the growing pace of the NFT market and the need to maximize its potential:“NFTs have very quickly proven to have real utility within crypto — from digital experiences and rewards to artist royalties, co-ownership of real-world assets, and more.”From March 11 to March 20, 2022, Ripple will host the Ripple House at the South by Southwest festival in Austin, Texas.
Featured image from CryptoPotato, chart from TradingView.com