Nfts
XRP and NFTs in the spotlight as Ripple partner SBI announces service for World Expo
Ripple partner SBI Holdings announced on Monday the launch of a non-fungible token NFT minted on XRP Ledger as company sponsors ‘EXPO 2025 Digital Wallet’ project at World Expo. Dubbed ‘Myaku N!
“The NFT service will allow users to collect original NFTs from the EXPO2025 digital wallet starting July 1.
SBI Holdings Launches NFT Created on XRP Ledger
Japanese company SBI Holdings, a Ripple partner, has started minting Expo 2025 NFTs on the XRP Ledger. Users can download the Myaku-N! digital wallet on iOS and Google to receive the Expo 2025 NFT minted on the XRP Ledger for free.
According to the press release, SBI Holdings will sponsor the “EXPO 2025 Digital Wallet” project at the 2025 World Expo in Japan and announced the EXPO 2025 Digital Wallet NFT service, according to the press release. The NFT is limited to 500 users.
Users can still acquire rare NFTs and create NFTs, but these are commemorative and cannot be transferred or resold. Cryptocurrency exchange SBI VC Trade and NFT company SBINFT plan to offer the service to 28.2 million people expected to visit Expo 2025 Osaka and Kansai Expo.
NFTs that are part of the World Expo will no longer be visible after October 13, 2025. The company will end the digital wallet application service after the Expo.
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NFT of the Universal Exhibition 2025
NFTs can be viewed in real-time on the XRPL explorer BithompUsers can collect NFTs based on their ranking as a reward for the “MyakuMyaku Reward Program.” Users can do more by achieving higher status on NFTs, which can be increased by performing Expo actions such as loading Expo’s e-currency “Myakupe!”
SBI announced additional giveaways, lotteries, and prizes, including the “Myakumyakupon!” giveaway campaign. The focus on XRP and NFTs will help increase the reach and adoption of these crypto-related technologies. Ripple and SBI Holdings have partnered on a number of solutions including supply chain, new remittance corridors and the MoneyTap mobile payment app.
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Varinder has 10 years of experience in the Fintech industry, with over 5 years dedicated to blockchain, crypto and Web3 developments. A tech enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5,000 news stories, articles and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative technologies of the future. He is currently covering all the latest updates and developments in the crypto industry.