The world of digital art on the XRP Ledger recently witnessed a notable event as Ripple CTO David Schwartz made a significant acquisition, drawing attention to both the burgeoning XRPL art scene and his influential role within it. This purchase not only adds a unique piece to his extensive collection but also marks an intriguing return to active collecting after a considerable pause.
A Heartwarming Acquisition on the XRPL
Artist Dale Forward recently debuted a one-of-one NFT named "Pats" on the XRP Ledger, a digital artwork designed to evoke the comforting sensation of petting a dog. This unique piece quickly caught the eye of David Schwartz, one of the original architects of the XRP Ledger and Ripple's Chief Technology Officer. Within two hours of its listing on XRP Café, Schwartz acquired the NFT for 30 XRP (approximately $90), highlighting the swift interest from a prominent figure in the crypto space.
David Schwartz: A Key Patron of XRPL Digital Art
Schwartz's acquisition of "Pats" is particularly significant as it ends a 14-month hiatus from his NFT collecting activities, his last purchase being in August 2023. As a long-standing and dedicated collector, Schwartz's wallet is a testament to his early and consistent support for the XRPL digital art ecosystem, boasting 146 NFTs from 117 collections, valued at an estimated $190,000. His history reveals a discerning eye for niche series and early-stage XRPL art culture. The latest purchase has sparked discussions: some speculate it could signal a potential resurgence for the broader NFT market, while others view it as a simple act of community support for a fellow XRPL enthusiast.
