![The crypto Ripple has big plan to enter a new market](https://www.apparata.nl/files/2022/03/Ripple-15-3-2022-919x612.jpg)
Ripple is a well-known crypto and has big plans to tap into a new market. Read here which.
Ripple is a coin to be able to pay. It should improve payment transactions. In January, the team behind the coin announced it had created a development environment for NFTs. Now the company is going full throttle on the NFT market.
Ripple has big plans
The currency will therefore not only focus on payment transactions, but will jump on the NFT market. Not unique, as many coins do this. But the NFT-Devnet, as the development environment is called, allows developers to test their NFT projects before it’s released on the mainnet. With the upgrade, Ripple hopes to give developers the tools to develop increasingly better projects.
The RippleX team will propose that its NFT standard be included in an upcoming software release with the hope that the new NFT capabilities will continue to inspire groundbreaking projects
ripple
NFT environment
Ripple will not only focus on games or art. No, it will focus on usability in the real world. Think of Media & Entertainment, CO2 credits and real estate. The fact that the company has big plans for the enormously popular NFTs is apparent from everything.
Ripple has already signed a number of new partners. The company is also developing an NFT fund with $250 million for developers. This fund has been up and running since September 2021. So far they have received 4,000 applications. Applications ranged from gaming, music art to the metaverse. So there is a lot of demand for it.
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