Ducati launches NFT on XRP Ledger.

Ducati launches NFT on XRP Ledger.

Ducati Expands into Web3 with Digital Collectibles on the XRP Ledger

Ducati, the renowned Bologna-based motorcycle manufacturer, is venturing into the exciting world of Web3 with its upcoming digital collectibles project. In collaboration with NFT PRO, a corporate white-label NFT solution, Ducati aims to leverage blockchain technology to enhance fan engagement and create unique experiences for its loyal following.

The company has chosen to deploy its digital collectibles on the XRP Ledger, a decentralized public blockchain network that utilizes XRP as its native cryptocurrency. Ripple, which is involved in the development of the XRP Ledger, plays a significant role in this initiative. The decision to utilize the XRP Ledger reflects Ducati’s confidence in its robustness and scalability, as well as its compatibility with the requirements of digital collectibles.

The choice of the XRP Ledger as the platform for Ducati’s digital collectibles holds immense potential for both parties involved. The XRP Ledger has demonstrated significant growth in on-chain activity, with a 9% increase in transactions between Q4, 2022, and Q1, 2023. This upward trajectory is a testament to the increasing usage of the blockchain network, with NFTs playing a pivotal role in its expanding ecosystem. A staggering one million assets have been minted on the XRP Ledger, underscoring its appeal to users interested in digital ownership and unique experiences.

Ducati’s foray into Web3 and its collaboration with NFT PRO underline the company’s commitment to innovation and its drive to explore new dimensions for its brand. By entering the realm of Web3, Ducati seeks to connect with the Ducatisti community on a deeper level, while also making an impression on the burgeoning community of NFT enthusiasts. The digital collectibles project harnesses these opportunities to offer exclusive Ducati-style experiences and enable collectors to acquire digital assets that are tailor-made for this new dimension of the brand.

Claudio Domenicali, CEO of Ducati, emphasized the importance of this move, stating, “Entering WEB 3.0 is another way to get closer to the Ducatisti community by further extending the number of services offered to them. It also represents an opportunity to meet and make ourselves known to a new community of NFT enthusiasts, giving them the opportunity to live unique Ducati-style experiences and collect the digital assets that we will develop exclusively for this new dimension of the brand.”

As Ducati expands its digital strategy, it plans to release more details about its digital services and goods in the coming months. This signifies the company’s dedication to embracing new technologies and leveraging blockchain technology to create value for its customers.

The partnership between Ducati and NFT PRO epitomizes the fusion of traditional industries with the potential of blockchain technology. This alliance enables Ducati to tap into the innovative capabilities of NFTs, allowing them to bridge the gap between the physical and digital domains. As the world becomes increasingly digital and interconnected, NFTs are revolutionizing traditional concepts of ownership and transforming various industries.

To summarize Ducati’s entry into Web3 and its digital collectibles project:

  • Ducati, the Bologna-based motorcycle manufacturer, is collaborating with NFT PRO to launch a digital collectibles project.
  • The digital collectibles will be deployed on the XRP Ledger, a decentralized public blockchain network utilizing XRP as its native cryptocurrency.
  • Ducati’s decision to embrace Web3 and utilize the XRP Ledger is a testament to its dedication to innovation and engaging its fanbase.
  • This strategic move allows Ducati to extend its range of services and connect with the growing community of NFT enthusiasts.
  • The XRP Ledger offers a robust and scalable platform for Ducati’s digital collectibles, with significant on-chain activity and millions of assets already minted.
  • Ducati’s expansion into Web3 showcases the company’s commitment to embracing technological advancements and creating unique experiences for its customers.

As Ducati continues to unveil its digital services and goods, the world eagerly awaits the immersive experiences and exclusive digital assets that will enrich the brand’s presence in the evolving landscape of Web3.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

DeFi

Variant Embracing speculation as a marketing strategy for DeFi.

Some of the most famous DeFi success stories have achieved rapid product-market fit by promoting financial speculatio...

Policy

Taiwan regulates cryptocurrency with new guidelines.

The guiding principles prioritize customer protection and emphasize the need to securely store client funds separate ...

NFT

Barcelona FC partners with World of Women for NFTs.

FC Barcelona, a well-known football club in Europe, has teamed up with World of Women, a platform for non-fungible to...

Policy

💎 Gemini Promises $1.1 Billion to Earn Customers in Bankruptcy Settlement 💰🔒

The agreement is linked to the bankruptcy of Genesis Global Capital, a partner of Gemini's Earn program, which presen...

NFT

Lacoste launches Ethereum-based virtual store for NFT holders.

Fashion brand Lacoste has launched a cutting-edge virtual store for NFT holders powered by Ethereum, offering an unpa...

NFT

Adidas reveals Web3 artists, Mutant Ape sells for 500 ETH, and more in Nifty News.

MachiBigBrother amazed the blockchain community by acquiring a rare mutant from the Mutant Ape Yacht Club NFT collect...