Web3 Company CrossTower Partners With Ripple To Develop NFT

JAKARTA – The world's leading web3 company, CrossTower is reportedly partnering with Ripple for NFT minting on the XRP Ledger network.

The NFT will appear on the CrossTower marketplace. Therefore NFT XRPL developers and makers will have full access to the site's functionality and global audience.

According to CrossTower CEO Kapil Pathi, the partnership with Ripple and the use of XRPL on the platform opens up opportunities for CrossTower to expand into new markets, particularly India, a country that Pathi has long been interested in.

XRP Ledger support will reduce the cost of creating and producing NFT content many times over, which will open access to a wealth of talent and strengthen CrossTower's position in the fast growing and popular segment of the crypto market.

The first line of collections of XRPL NFT projects on the market will be introduced in the coming weeks. Crypto and NFT have no limits or barriers. That means, there is no limit to crypto or NFT for both parties.

In the midst of local authorities being tough on crypto assets in India, CrossTower continues to target the Indian market. The United States-based company has recently successfully opened a new branch in India.

CrossTower is very serious about expanding its wings in India after its success in the US. On the other hand, Ripple recently successfully tested a new standard for creating complex NFT objects in XRP Ledger, XLS-20.

Ripple explained that the update not only helps developers create multifunctional apps but also allows anyone to create them faster, easier and cheaper.

Previously, Ripple injected funds for the launch of the NFT program and supported NFT developers in XRPL. Although the Ripple vs SEC case has not yet been settled in court, Ripple remains confident and focused on developing the company in the blockchain business environment and money payments on a global scale.