Ripple (Xrp) Sees Carbon Credits And Gaming As Opportunities For Nfts Ripple (XRP) is working to combine its NFT solutions with money-making use cases. Chief developer David Schwartz cites CO2 certificates and and gaming as specific […] THE POST Ripple (XRP) is working to combine its NFT solutions with money-making use cases. Chief developer David Schwartz cites CO2 certificates and and gaming as specific examples with good prospects. In crypto year 2022, some euphoria about the NFT (non-fungible token) division has faded, with revenues plummeting and many half-baked art projects being swept off the market. But experts keep emphasizing that NFTs should not be reduced to the art market and experiments, but should be thought of as use cases on an industrial scale. Ripple CTO David Schwartz, who is pushing possibilities for NFTs in the XRP ecosystem, has now expressed his views along these lines. Speaking at a crypto conference in Miami, Schwartz cited CO2 allowances and gaming as fields where NFTs could be obvious solutions. Carbon trading has become standard practice in the Western world over the past two decades, and CO2 certificates are thus supposed to help protect the climate. Schwartz says a major problem with this is that the origin of such monetized emission rights is not always documented and multiple uses occur. An NFT as a clear and non-manipulable proof of origin and ownership is therefore an obvious solution for CO2 certificates. Of course, Schwartz secretly hopes that the recently introduced NFT standard will then also be used for XRP. Schwartz is equally optimistic about the chances for NFTs in the computer games industry. Gamers would often find it difficult to switch to the new games because they would then have to start from scratch, so to speak. With NFTs that record progress in the game and special equipment, for example, the introduction to new games is much friendlier, says Schwartz, “You no longer have the feeling that you’ve lost something. The big game studios could probably even somewhat control which new games audiences are drawn to with smart use of NFTs. Full Story: <a rel="noreferrer nofollow noopener" href="https://thegww.com/ripple-xrp-sees-carbon-credits-and-gaming-as-opportunities-for-nfts/" target="_blank">https://thegww.com/ripple-xrp-sees-carbon-credits-and-gaming-as-opportunities-for-nfts/</a>