Cryptocurrency

Top Italian Manufacturing Company Launches First-Ever Digital Collectibles on XRP Ledger

Ducati, the renowned motorcycle manufacturer based in Bologna, has taken a significant step into web3 by choosing the XRP Ledger (XRPL) to introduce its brand-new web3 digital collectibles. This move is expected to drive greater real-world adoption of blockchain technology.

Ducati Joins Forces with Web3Pro and XRP Ledger to Launch NFT Collections

In collaboration with Web3Pro and XRP Ledger, Ducati is joining the ranks of companies embracing NFTs (Non-Fungible Tokens) and diving headfirst into the realm of web3. The initiative aims to showcase the captivating journey of Ducati and offer enthusiasts an immersive experience through digital collectibles.

Read Also: Ripple CTO David Schwartz Explores XRP Role on XRP Ledger (XRPL) Beyond Gas Token

To provide a unique and thrilling experience for its loyal customers and global community, Ducati has planned a series of NFT collections on the XRP Ledger in partnership with Web3Pro. These NFTs will depict the history of the Ducati, from its early stages to its promising future.

The first release, scheduled for July 26, will be a limited-edition video compilation showcasing the evolution of Ducati logos on motorcycles produced from 1946 to 2023. Users must sign up on the waitlist before July 27 to qualify for this exclusive gift.

XRP Community Reactions

Members of the XRP community have shown overwhelming excitement about this development, foreseeing increased activity on the XRPL, which could potentially boost the XRP token price as the blockchain collects gas fees in its native currency.

Notably, Antony Welfare, Ripple’s senior advisor on CBDCs and global partnerships took to Twitter to broadcast Ducati’s adoption of the XRP Ledger, highlighting its contribution to expanding real-world applications of the Ripple-supported blockchain.

Read Also: Newly Launched XRPL-based Game Lets Users Earn XRP Directly to Their XUMM Wallet

Likewise, a particular community member, expressed enthusiasm for the NFTs launch, recognizing it as a promising application of the XRPL’s unique properties. Sam believes this will undoubtedly pave the way for further real-world use shortly. 

It bears noting that the recent development is a sequel to the launch of HOME on the XRPL. Launched in July, HOME is the first-ever mortgage-backed stablecoin developed by the RWA protocol. It is believed that Ripple’s partial victory over the SEC would trigger more adoption for the XRP Ledger and its native token.


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Ndianabasi Tom

Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

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