British automotive company Lotus Cars has announced its plans to enter the world of NFT. Lotus will collaborate with Ripple on its first NFT collection.
Lotus NFTs will debut on XRPL, allowing creators and collectors to come together and experience Lotus cars in a whole new way.
In April, Rare Air Media, publisher of Michael Jordan’s graphic autobiography For the Love of the Game, announced its entry into the NFT market. The company has announced that it will launch NFTs on the XRPL, which includes a unique collection of digital assets dedicated to the life of former NBA player Michael Jordan.
Ripple Enters Metaverse
As previously reported, Ripple and FLUF World announced their partnership to make “The Open Metaverse” a reality through The Root Network, a decentralized blockchain network. Root Network’s multi-token gas economy will rely heavily on XRPL, which will set the standard for NFT functionality and use XRP as the default digital asset for transaction activity.
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