With the new collection, anyone can support the progress of Xahau, one of the experiments with XRP Ledger programmability. In the future, the community-funded node cluster will be open for free use.
Xahau Monsters NFT Auction Begins on XRP Ledger
Xahau Monsters, a collection of monster-themed non-fungible tokens (NFTs), is launched by XRPL wallet Crossmark and XRP enthusiast Ekiserrepe. NFTs can be purchased through Crossmark, which is also the first XRP-focused browser wallet with an automated market maker and cross-chain support.
The collection is inspired by the upcoming Halloween event and commemorates the Hooks amendment that brings programmability to the XRP Ledger:
These menacing creatures walk among the dead, collecting all the fallen hooks (or light smart contracts)
Most interestingly, these NFTs are designed as a form of fundraising for managing nodes on Xahau, a smart contract-enabled sidechain for the XRP Ledger. All procedures from the upcoming auction will be used to run the Xahau validator and the Xahau node cluster hosted on Crossmark.
Once the sale is over, the Xahau node pool will be added to the Crossmark wallet and opened for free use for all XRPL and Xahau enthusiasts.
The auction begins today, October 28, 2023, at XRP Cafe, one of the largest NFT marketplaces in the XRPL ecosystem. NFTs can be tracked through the Bithomp explorer.
As U.Today previously reported, the Xahau sidechain is on track to launch on the mainnet in 2023.
XRPL Targets 3 Million NFTs Issued, Data Shows
Last week, it was also announced that Ripple ally SBI Holdings would issue official Expo 2025 NFTs on XRP Ledger. The mint ceremony will take place in May 2024.
In Q4 2023, an XRP Ledger NFT ecosystem surpassed a series of impressive growth milestones. According to the XRP market tracker, the net amount of NFTs on the XRP Ledger increased by more than 38% in the last 30 days.
As of press time, 2,941,483 non-fungible tokens are issued on XRPL. All-time NFT sales volume exceeded $40 million as of October 2023.
