NFTs
XRP and NFTs in the Spotlight as Ripple-Partner SBI Announces Service for World Expo
Ripple partner SBI Holdings on Monday announced the launch of a non-fungible token NFT issued on the XRP Ledger as the company is sponsoring the “EXPO 2025 Digital Wallet” project at the World Expo. Dubbed “MyakuN!”The NFT service will allow users to collect original NFTs from the EXPO2025 Digital Wallet starting July 1st.
SBI Holdings Launches NFT Minted on the XRP Ledger
Japan’s SBI Holdings, a Ripple partner, has started minting World Expo 2025 NFTs on the XRP Ledger. Users can download the Myaku-N! on iOS and Google to receive the free Expo 2025 NFT issued on the XRP Ledger.
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 a press release. The NFT is limited to 500 users.
Users can still acquire rare NFTs and mint NFTs, but these are commemorative and cannot be transferred or resold. Cryptocurrency exchange business SBI SBI VC Trade and NFT business SBINFT plan to offer the service to 28.2 million people expected to visit the 2025 World Expo Osaka, Kansai Expo.
NFTs as part of the World Expo will no longer be viewable after October 13, 2025. The company will end the digital wallet app service after the expo.
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World Expo 2025 NFTs
NFTs can be viewed in real time on the XRPL explorer Bithomp. Users can collect NFTs according to rankings as a reward for the “MyakuMyaku Rewards Program”. Users can do more with higher status in NFTs, which can be increased by performing actions in the Expo, such as charging Expo e-money “Myakupe!”
SBI has 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. Curling and SBI Holdings have partnered on a range of solutions including supply chain, new remittance corridors and mobile payment app MoneyTap.
Read too: US government moves US$ 12 million in Ethereum. Is a Bitcoin-Style Liquidation Coming?
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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in more than 5000 news, articles and papers. With CoinGape Media, Varinder believes in the enormous potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.
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