RippleX will launch an NFT developer platform
Ripple engineer Nick Bugalis announced the launch of the NFT-Devnet platform to explore the possibilities of non-interchangeable tokens. Initially, developers will have access to a beta version of the platform.
According to Bugalis, automatic licensing fees allow developers to create more complex licensing fee structures, and co-ownership expands access to assets. Bugalis pointed out that NFT-Devnet is still in beta testing, which will allow developers to test the functionality of XRP Ledger before launching the main network.
The platform supports the XLS-20d solution, first introduced in May 2021. These are extensions to XRP Ledger, which will support its own type of NFT, as well as a protocol for transactions, buying, selling and storing non-interchangeable tokens.
