Fleshing out Use Cases

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# Authorized Minter
_As an authorized minter, I want to mint tokens for a token issuer at an agreed upon rate and sell the tokens at a profit, with royalties returning to the issuer._
You can act as an authorized minter for token issuers. When you do this, you own the NFToken, but royalties flow to the NFToken issuer. When you make a sale of that NFToken, the proceeds of the initial sale go to you. You can have an agreement with your issuer to pay them some or all of your portion of the initial sale amount.
You can learn more in the tutorial [Assign an Authorized Minter](authorize-minter.html).

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# Digital Artist
_As a Digital Artist, I want to use the XRPL to create a NFToken of my work and sell it on the XRPL, because the XRPL is both cost efficient and carbon neutral._
---
When you create a NFToken, you create a unique token on the XRPL that is effectively a placeholder for an actual physical or digital asset. When you create the NFToken, you provide a URL to a digital file that is the item itself, such as a digital artwork, or a URL to a placeholder that represents an item in the physical world.
You can create NFTokens using an app such as the [Xumm app](https://xumm.app).
For a more hands-on experience, you can follow the steps in the [Quickstart Tutorial 3 - Mint and Burn NFTokens](mint-and-burn-nftokens.html).

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---
title: XRP Ledger Use Cases
---
import { XRPLCardDeck, DeckCard } from "../../../_components/XRPLCardDeck";
# Tokenization
These use cases focus on capabilities on the XRP Ledger for working with tokens rather than native XRP.
<XRPLCardDeck cols="1/3">
<DeckCard title="Stablecoin Issuer" to="stablecoin-issuer.md">
As a Stablecoin Issuer, I want to use the XRPL to issue my own stablecoin, taking
advantage of the lower cost per transaction and decade-long stability of the XRPL.
</DeckCard>
<DeckCard title="Token Marketplace" to="nftoken-marketplace.md">
In my NFToken Marketplace, I want to use the XRPL to create a marketplace site where I
can arrange transfer of a curated selection of NFTokens to consumers, with the benefit
that I can build a brand and earn broker fees based on sales.
</DeckCard>
<DeckCard title="Authorized Minter" to="authorized-minter.md">
Convert tokens from one currency to another on the decentralized exchange.
</DeckCard>
<DeckCard title="Digital Artist" to="digital-artist.md">
As a Digital Artist, I want to use the XRPL to create a NFToken of my work and sell it
on the XRPL, because the XRPL is both cost efficient and carbon neutral.
</DeckCard>
</XRPLCardDeck>

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# NFToken Marketplace
_In my NFToken Marketplace, I want to use the XRPL to create a marketplace site where I can arrange transfer of a curated selection of NFTokens to consumers, with the benefit that I can build a brand and earn broker fees based on sales._
---
NFToken Marketplaces act as intermediaries between NFToken creators and collectors. As a marketplace curator, you seek out NFToken creators and assemble a collection of items to sale. Buyers come to your site to review your selections and post offers. You match the minimum prices set by the creators with the optimal offers from the buyers, complete the transaction, and collect a broker fee.
You can learn more about brokered sales in the topic [Trading Tokens on the XRP Ledger](non-fungible-token-transfers.html).
Learn more about token transfer fees in the topic [Transfer Fees](transfer-fees.html).
You can get started building a brokered sales marketplace by following the steps in the [Broker a NFToken Sale](broker-sale.html).

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---
html: Stablecoin Issuer.html
parent: tokenization.html
blurb: Issue your own stablecoin, based on assets of equal value outside of the XRP Ledger.
labels:
- Tokenization
---
# Stablecoin Issuer
_As a Stablecoin Issuer, I want to use the XRPL to issue my own stablecoin, taking advantage of the lower cost per transaction and decade-long stability of the XRPL._
---
You can issue a stablecoin by holding assets of equal value outside of the XRP Ledger, and issuing tokens representing that value on the ledger. The token can be considered a _stablecoin_ because — in theory — the exchange rate between the token and its off-ledger assets remain stable at 1:1.
You can create your own stablecoin by following the steps in [Issue a Fungible Token](issue-a-fungible-token.html).
For more information on how to run a gateway, see [Become a Stablecoin Issuer](become-an-xrp-ledger-gateway.html).