FLUF World Announces Partnership With Ripple
FLUF World announced it has established a partnership with Ripple to "open a world of possibilities" in its expanding metaverse.
In the partnership, FLUF World will be utilizing the Root Network, blockchain infrastructure created by Ripple. The Root Network implementation is set to provide a seamless smart contracting experience to developers and allow users to easily transfer assets back and forth between blockchains.
At this time, all FLUF World assets and NFTs exist on the Ethererum blockchain.
The partnership will additionally add utility to the $XRP token, which will become the default gas token for transacting in the Futureverse (FLUF World's Metaverse).
Ripple has previously partnered with traditional financial institutions to explore possibilities of utilizing its blockchain for settlements and more. At the time of writing, XRP is priced at $0.32 and is the eighth highest market cap cryptocurrency according to CoinGecko.
XRP is down 19.2 percent in the last week.