In a move that would make even the most jaded aesthete gasp with glee, the XRP Ledger has activated the NFTokenMintOffer amendment. A flutter of excitement has spread through the XRP community like wildfire at a garden party.
These amendments, dear reader, are the equivalent of a new hat at a society ball—always cause for a stir. The consensus method, a rather democratic affair, ratifies changes to transaction processing. One might say it’s a bit like voting for the best bonnet at a ladies’ tea; if it garners more than 80% approval for two weeks, it becomes the latest fashion, never to be out of style again.
The NFTokenMintOffer amendment has been activated on the XRP Ledger.
Imagine, my dear friends, combining minting and offer creation in one transaction. It’s like having your cake and eating it too, all in the name of improving the user experience for NFTs on the XRPL 🤗
— Vet (@Vet_X0) February 15, 2025
Vet, a distinguished validator and co-founder of xrpcafe, took to Twitter to announce the news. The NFTokenMintOffer amendment has been activated, making the process of NFT creation as smooth as silk. One transaction, and voilà , your NFT is ready to dazzle the world.
This amendment, my dear spectators, promises to reduce the complexity and cost of NFT transactions, making it as easy as pie to adopt and innovate within the XRP Ledger’s NFT space. Truly, a marvel for the modern age!
XRP Ledger NFTs: A Flourishing Fad Exceeds 7.6 Million
NFTs, like the most sought-after invitations to a grand ball, are built into XRPL’s core protocol. No smart contracts required, just pure, unadulterated luxury. XLS-20 standardized NFTs in October 2022, bringing with it the promise of royalties and anti-spam measures—like a butler who weeds out the riffraff.
Messari’s Q4 report, a tome as thick as War and Peace but far more enlightening, reveals that NFT transactions have surged an astonishing 460%. The mint and burn transactions have increased like a socialite’s notoriety—855% and 1,850%, respectively. NFTokenMint has become the toast of the town, followed closely by NFTokenCreateOffer.
Bithomp data, as reliable as a well-trained valet, informs us that 7,608,568 NFTs have been minted thus far, with 1,972,262 NFTs burned. There are now 8,134 NFT issuers, 55,891 current owners, and 2,431,560 NFT transfers. A veritable circus of digital assets, I tell you!
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2025-02-16 18:35