Ripple developers are testing to add NFT functionality to the network

Developers are conducting extensive testing on NFT-Devnet to bring non-fungible token functionality to the Ripple network. The innovation was announced by the developer of server software for the XRP ecosystem, Nik Bougalis. The network validators voted to activate the XLS-20 standard in the XRP Ledger Ripple (XRPL), aimed at bringing NFT functionality to the Ripple mainnet. This will be implemented through an upgrade of Ripple’s servers, allowing developers to create, trade, and destroy NFTs while…

WeWork Founder Raises $70M for New Crypto Startup

New cryptocurrency startup Flowcarbon aims to bring the voluntary market for carbon units to the blockchain. Adam Neumann, founder and former CEO of American commercial real estate company WeWork, has launched a cryptocurrency startup. His enterprise Flowcarbon will try to transfer the voluntary market for carbon units to the blockchain. The company has now closed a $32 million venture capital round led by Andreessen Horowitz (a16z) and raised an additional $38 million through the pre-sale…