🖤The XRP Ledger

Why are we minting on the XRP Ledger? The XRP ledger was launched in 2012 and is a blockchain led by a developer community with a native cryptocurrency Ripple (XRP). Its also used as a global payments network, serving major banks and financial services.

XRP cannot be mined. Instead, the validating nodes authenticate transactions by conducting polls. This allows for faster and cheaper transactions (<$0.0001/tx), validated in 3 to 5 seconds. It is also less energy-consuming as it doesn’t rely on a mining consensus.

XRP is used as the intermediary of inter-currency exchanges and enables transactions to be processed in near real-time. It takes no more than 4 seconds to process the transaction and can handle 1,500 simultaneous transactions per second.

We’ve chosen to mint on the XRPL as its fundamentals align with our ‘no frills’ and ‘under dog’ ethos. If you choose to purchase a DEGEN, you’ll be able to mint/transact an NFT with $0.0001 gas fees and instant transaction settlement.