NFT Developments of the Week: NFTs on XRP Network Coming Soon!

The strength of the US dollar and the prospects of a global economic slowdown are also hitting the crypto industry. cryptocurrenciesNFTs also got their share from this situation, while , having the most stagnant period of recent months.

NFT The volume and floor prices in the marketplaces are at the lowest levels of the year. However, even if it is not reflected in trade, innovations, news and firsts in the NFT sector continue. In this article, we compile some of the important developments in the NFT industry last week.

First Home Sale via NFT!

Last week, a real estate was sold for the first time through NFT. NFT version of the property deed that the seller has on OpenSea put it up for sale. The buyer bought the deed NFT to buy the house and USDC over $175,000 paid.

This development showed the whole world how wide the usage area of ​​digital artworks can be.

NFT Wallets On Reddit Reach 3 Million!

The most popular social media platform of recent years reddithas made great strides in the NFT sector in recent months. Reddit for its users polygon created NFT collections on its network.

According to sources, the number of NFT wallets belonging to member users exceeded 3 million this week. Reddit has been running NFT airdrop sweepstakes for its loyal users in recent months.

Ripple (XRP) Might Enter the NFT Industry!

Blockchain-based international payment network on Ripple A very critical draft amendment has been prepared. The change vote, which includes many improvements and the existence of NFTs in the XRP network, will take place in 2 weeks. If the validators can get the required majority (80%) in the vote, the NFT era will officially begin on Ripple.