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Ducati to release NFT on blockchain from Ripple

Italian motorbike manufacturer Ducati will issue a collection of non-interchangeable tokens based on Ripple Labs’ decentralised XRP Ledger network.

Source: Twitter

The company’s first NFT is a video chronicle of the evolution of the Ducati logo since 1946. You can apply for access to the waiting list from 26 July on the project’s website.

The firm first announced its entry into the crypto market back in 2022. At that time, the manufacturer entered into a partnership with Web3Pro.

“Over the next few months, we will evolve in the digital space through the release of NFTs and the implementation of other Web3-typical activities that are already relevant in the cryptocurrency community,” Ducati representatives said.”

More details about the project will be available at a later date.

According to Ripple, approximately 1.2 million NFTs have been created on the XRP Ledger network between November 2022 and March 2023. At the time of writing, the daily trading volume of the most popular collection on the blockchain – XPUNKS – is $1541.

Recall, in 2021, its own NFT collection was released by car manufacturer Audi.

Later, Bentley held a limited edition drop of Genesis Bentley tokens, which are non-variable.

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