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HomeCrypto NewsMarketXRPL Wallet Xaman Debuts v3, Introducing Monetization Strategy

XRPL Wallet Xaman Debuts v3, Introducing Monetization Strategy

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Xaman, the leading crypto wallet on the XRP Ledger, has launched its latest iteration, version 3.0, introducing a range of new features, including a monetization strategy.

In a blog post on Monday, the team behind Xaman revealed version 3.0 of their popular XRP wallet. According to the announcement, Xaman 3.0 represents a major milestone in the platform’s evolution. It enables the team to craft a superior user experience that ensures the long-term viability of both Xaman and XRPL Labs. 

New Offerings for XRP Enthusiasts in Xaman 3.0

Xaman 3.0 comes with extensive internal enhancements to boost app performance and reliability, ensuring the XRP wallet remains fast, secure, and user-friendly as it evolves. 

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Among the key updates is a revamped xApp screen design that offers improved visibility, making it easier for users to find and share their preferred xApps. Furthermore, users will now benefit from NFT offer previews, which display a preview of NFTs during NFToken transactions.

The app also features more detailed transaction insights, providing clearer monetary details to improve transaction visibility. Additionally, interactions with AMM pools have been enhanced for a smoother and more intuitive experience.

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For Xahau users, balance calculations have been corrected by deducting locked amounts to ensure accuracy. 

Alongside these improvements, Xaman is implementing a new monetization model to sustain ongoing feature development and enhancements. According to the team, the monetization strategy is the biggest change in Xaman 3.0, a first for both Xaman and its users. 

Offerings for XRP Developers

Also, the latest iteration of Xaman includes significant enhancements for developers. The report noted that as the XRPL ecosystem expands, the need for developers to stay ahead of the curve has become increasingly important. 

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Recognizing this, the Xaman team introduced a game-changing feature in version 3.0: Universal Transaction Signing. This tool enables developers to connect to any network with varying amendments enabled, allowing them to sign transactions effortlessly.

With Universal Transaction Signing, developers can now experiment with novel transaction types and amendments without being held back by update wait times. 

Notably, this increased flexibility and control empowers developers to bring new xApps and solutions to users faster. To access this feature, developers simply need to enable developer mode within the app.

As Xaman continues to push the boundaries of innovation within the XRPL ecosystem, version 3.0 seeks to usher in a new era of possibilities for both users and developers.

Getting Xaman 3.0

Notably, Xaman’s version 3.0 update rolls out gradually, with users being randomly selected to receive the update within a one-week period. Users can check for updates in the Play Store or App Store, and those who have enabled auto-updates will receive the updates automatically.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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