how to create nft on xrpl

Utilizing the XLS-20 NFT standard and an XRPL wallet, users can cost-effectively create non-fungible tokens on the XRP Ledger, leveraging its security and energy efficiency.

Nov 02, 2024 at 05:59 pm

How to Create an NFT on XRPL

1. Set up an XRPL Wallet:

   • Install an XRPL wallet like Xumm or Toast Wallet.
   • Fund your wallet with XRP.

2. Choose an NFT Standard:

   • XRPL supports the XLS-20 standard for NFTs.

3. Create an NFT Transaction:

   • Use the [ton.nl/issues](#) tool to create an NFT transaction.

   • Enter the following details:

     • Token Issuer's Address: Your XRP wallet address
     • Token Supply: Number of NFT tokens to create (can be 1 for unique NFTs)
     • URI: URL linking to the NFT's metadata (e.g., .json file hosted on IPFS)

4. Submit the Transaction:

   • Send the transaction from your wallet.
   • Pay a small transaction fee in XRP.

5. Verify the NFT:

   • Once the transaction is confirmed, you can verify the NFT's existence on the XRPL explorer.

6. Additional Features:

   • XLS-20 allows you to add custom metadata and properties to your NFT.
   • You can use NFT resources to store collections of assets linked to your NFT token.

Benefits of Creating NFTs on XRPL:

• Fast and Low Cost: XRP transactions are fast and cost-effective, making XRPL a suitable platform for NFTs.
• Secure: XRPL is a highly secure blockchain, ensuring the integrity and ownership of NFTs.
• Energy Efficient: XRP transactions consume minimal energy compared to other blockchains.
• Lightweight: NFTs on XRPL use lightweight token representation, saving storage and bandwidth costs.
• Decentralized: XRPL is a decentralized blockchain, giving users control over their NFTs.