Definition and scope
Brokered NFT Sales on the XRP Ledger addresses a distinct part of non-fungible tokens. Understand how a broker can match compatible buy and sell offers and retain an agreed difference.
XRPL NFTs are protocol-native ledger objects rather than smart-contract records. This collection follows an NFToken from its identifier and mint settings through custody, offers, transfers, brokered sales, royalties, storage pages, and destruction. An on-ledger token records protocol ownership and identifiers; off-ledger media, licensing, authenticity, and marketplace claims require separate evidence.
How it works
A broker can submit NFTokenAcceptOffer with compatible buy and sell offer indexes. The buyer's amount must cover the seller's amount, and the permitted difference becomes the broker fee.
- NFTokenBuyOffer: verify this field, object, or component against the cited protocol documentation.
- NFTokenSellOffer: verify this field, object, or component against the cited protocol documentation.
- broker fee: verify this field, object, or component against the cited protocol documentation.
- NFTokenAcceptOffer: verify this field, object, or component against the cited protocol documentation.
Practical example and checks
The broker validates both offers, NFT identity, asset denomination, owners, and expiration, calculates the difference explicitly, then submits both indexes in one acceptance transaction.
For production use, preserve the exact signed or queried data, record the network and validated ledger reference, and compare the result with the current primary documentation before changing off-ledger state.
Open the related live demo or evidence lab →Limits, risks, and common confusion
Brokered settlement reduces coordination steps but does not make the broker trustworthy or verify the asset. Interfaces should disclose the spread rather than hiding it as price movement.
An on-ledger token records protocol ownership and identifiers; off-ledger media, licensing, authenticity, and marketplace claims require separate evidence.
Current network status
Enabled on XRPL Mainnet. NonFungibleTokensV1_1 was enabled on XRPL Mainnet in feature responses from both official public servers at review time. Client and service support can still vary.
Status reviewed 2026-08-23. Amendment-dependent behavior must be rechecked against the network's live feature state before operational use.