- SBI Holdings is launching an exclusive non-transferable NFT “Myakun!” for EXPO 2025, created on the XRP Ledger, aiming to reach 28.2 million attendees.
- The collaboration involves SBI VC Trade & Ripple, showcasing a strong partnership and belief in the potential of XRP Ledger for NFT projects.
In a groundbreaking development, SBI Holdings, in collaboration with SBI VC Trade and Ripple, is on the verge of unveiling “Myakun!”, a unique non-transferable NFT crafted on the XRP Ledger, exclusively for the EXPO 2025 event. This strategic partnership is expected to provide an immersive experience to an estimated 28.2 million attendees, positioning “Myakun!” at the forefront of NFT innovation and adoption. This information comes to us thanks to a tweet by Collin Brown highlighting the magnitude and excitement surrounding this collaboration.
🚀🎉 Ripple News from SBI Holdings! 🎉🚀
SBI, in collaboration with SBI VC Trade & #Ripple, is gearing up to unveil the exclusive #NFT "Myakun!" for EXPO2025. With 28.2M attendees poised to experience it, this non-transferable NFT is crafted uniquely for the #XRP-Ledger. pic.twitter.com/bcDg6c35Hv
— Marcel Knobloch aka Collin Brown (@CollinBrownXRP) October 26, 2023
A Glimpse into the Unique Digital Collectible
“Myakun!” stands as a testament to the innovative collaboration between SBI VC Trade and SBINFT, a venture that is navigating the NFT landscape. While the issuance of the NFT is managed by SBINFT, SBI VC Trade has developed a dedicated website to showcase “Myakun!” to the world. This digital collectible is a crucial part of SBI Holdings’ broader vision to launch a service for collecting NFTs at the upcoming Osaka-Kansai Expo, with operations commencing in May 2024.
Capitalizing on the XRP Ledger’s capacity to tokenize a diverse array of assets, as highlighted by SBI Holdings’ statement,
“The blockchain XRP Ledger has the ability to tokenize not only XRP but also a variety of other assets”.
SBI Holdings is on a mission to make “Myakun!” accessible to every attendee at EXPO 2025, ensuring a wide-reaching impact. Attendees can anticipate additional perks, with the financial behemoth offering bonus NFTs to those who partake in missions set before, during, and after the event. “Myakun!” itself is uniquely non-transferable and not available for resale, adding an extra layer of exclusivity to the experience.
Ripple and SBI: Strengthening Ties
The decision to employ the XRP Ledger for this NFT project is a clear testament to SBI Holdings’ trust in and commitment to their partnership with Ripple. This financial titan has consistently shown support for Ripple, solidifying their partnership amidst legal challenges, and integrating Ripple’s On-Demand Liquidity (ODL) for seamless cross-border transactions. The use of the XRP Ledger, famed for its negligible transaction fees and rapid transaction settlements, positions SBI Holdings as an innovator, ready to navigate the digital future with confidence.
For those seeking a deeper understanding of the current landscape of XRP adoption, our recent coverage offers valuable insights:
- Ripple News: XRP Adoption Still Super Early as 77% of Wallets Hold Less than 500 XRP – That’s Why You Need to Be an Early Investor to Profit Long-Term
- XRP Adoption Suffers Amid SEC Lawsuit, Lawyer’s Experience Sheds Light
- Ripple and XRP Adoption Spreads: 28 Billion Dollar Merchants Now Accepting XRP Payments
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