MFTs are built into the XRP Ledger (XLS-20), so minting one needs no smart contract.
– One transaction: NFTokenMint
– Taxon: groups NFTs into a collection
– Transfer fee (royalty): 0% to 50%
– The image lives off-ledger. The NFT holds a link to it (URI, often ipfs://)
Learn more: https://xrplacademy.netlify.app/
https://xrpl.org/docs/concepts/tokens/nfts
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