At present, XPUNKS, the mission credited with kickstarting the XRP NFT craze in 2021 introduced its departure from the XRPL, aiming as a substitute for the greener pastures of Solana. A video launched by XPUNKS, displaying the XRPL brand rhythmically fading away adopted by ecstatic music and a Solana brand revealing itself, makes it fairly clear that XPUNKS has set its sights on Solana.
XPUNKS could very properly be the most important NFT mission you’ve by no means heard of. Gaining important notoriety in 2021 by releasing an IOU token on the XRPL and front-running the discharge of its upcoming NFT modification, XPUNKS not solely invented tokenized whitelisting but in addition achieved a whopping $100 million market cap at its ATH and remains to be accountable for over 35% of all NFT associated quantity on Ripple. Within the two years that adopted, XPUNKS remained a staple of XRP NFTs.
The mission has usually described itself as a mission with out predefined utility that simply likes to construct cool stuff. Since its inception, XPUNKS has stored itself busy with a wide range of completely different initiatives and advertising actions. Not too long ago, they grew to become the primary full generative assortment to achieve the floor of the particular moon, hitching a trip on the IM-1 mission, for instance. XPUNKS additionally runs the biggest XRP NFT market, which is at the moment increasing to Cosmos below the identify bidds and is constructing a gaming metaverse known as Eden: Discovery.
Though the transfer to Solana could seem sudden to some, these which were following the mission extra attentively may have seen this coming. One can level to suffocating ecosystem politics, hostile conduct in the direction of NFT initiatives by RippleX and a common lack of curiosity in the direction of XRP NFTs by the broader crypto neighborhood. Nonetheless, what appears almost certainly is that XPUNKS is just in search of a extra mature NFT/degen tradition which Solana is rife with.
A lot is but to be revealed as to what XPUNKS is planning on doing with the intention to acquire traction on Solana after the bridge goes reside. However figuring out the workforce and their observe report, this transfer and their motion plan has almost certainly been within the making for a very long time. Whether or not you’re planning to seize one or not, it can undoubtedly not be boring to regulate what this mission has deliberate.
