- XRP serves as payment and gas for NFT transactions on the Root Network.
- A crypto user demonstrates XRP’s role in NFT purchases and cross-network transfers within the Futureverse.
- Root Network adopts XRP as its gas token, enhancing XRP’s utility.
XRP continues to gain prominence in the blockchain world, as it serves as a crucial payment method and gas for non-fungible token (NFT) transactions within the innovative Futureverse ecosystem.
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The recent demonstration by Eri, a member of the XRP community, highlighted the utility of XRP in the NFT world. Eri showcased her NFT purchase within the FLUF World ecosystem, where XRP was used exclusively for payments. This NFT-based protocol, FLUF World, specializes in character collectibles and other non-fungible elements, contributing to an immersive Metaverse experience powered by the Root Network.
Eri’s demonstration also revealed her seamless transition of her FLUF World collectible from the Ethereum network to the Root Network, facilitated by a bridge between MetaMask and the Futureverse. This bridge allows XRP holders to easily access the Futureverse, emphasizing the importance of XRP as a versatile digital asset.
Notably, the gas used for the NFT purchase within the Futureverse was also paid with XRP, marking a significant step towards broader utility for the asset. The Root Network’s adoption of XRP as its gas token further solidifies the asset’s position in the blockchain space. The Root Network, built as a substrate-based EVM-compatible layer-1 blockchain, uses ROOT as its native token for staking and XRP for gas fees on all transactions.
XRP’s role in NFT payments and cross-network transfers within the Futureverse signifies a substantial leap forward in the asset’s utilization, reflecting its growing significance in blockchain services.
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