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Japan’s Finance Giant SBI Launches NFTs on XRP Ledger and Polygon

SBI Digital Community, a part of Japan’s SBI Holdings, is launching its first NFT collection, the “Crypto Canvas Collection,” from October 12 to October 14, 2024. These NFTs will be available on the Polygon blockchain and the XRP Ledger through SBI’s Web3 platform, “Bto3 ~ Web3 community ~.”

Why Use Polygon and XRP Ledger?

This collection consists of 3,000 one-of-a-kind NFTs, priced at 0.025 ETH each. The idea is to create a space where people can share stories using these digital artworks. To make it easier for newcomers, SBI will accept credit card payments during the sale.

Exclusive Perks for NFT Owners

Owning these NFTs comes with special rewards. If you hold two or more, you can win extra NFTs in a lottery, get discounts at stores across Japan, and receive an XRP Ledger version of the NFT in November 2024. By mid-2025, you’ll be able to use these NFTs to get store discounts just by holding them.

Easy Discount System for Shops

Getting discounts is simple. Just scan a QR code at the store, connect your wallet, and show the screen to the clerk. Store employees don’t need to know anything about Web3, and they don’t need to track customer data—even if the NFTs are resold.

Making NFTs Useful in the Real World

SBI’s NFT discount service is all about making digital assets useful in everyday life. By creating a system that benefits both customers and stores, SBI hopes to encourage more people to use Web3 technology. The XRP Ledger is a key part of this system because it’s fast and efficient, showing SBI’s ongoing commitment to Ripple.

What do you think?

Written by 365Crypto

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