NFT Platforms in China Post Significant Growth in Four Months Despite Government Warnings


Source: bullfrag.com bullfrag.com

Key Topics in this News Article:

News Snapshot:

The popularity of non-fungible tokens is on the rise, as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5-fold increase from February 2022, when the total number of digital collectible platforms NFT was just over 100. According to a note published by a local Chinese newspaper, The sharp increase in the number of NFT platforms comes amid the growing anticipation and popularity of digital collectibles in the country. Major tech giants such as Tencent and Alibaba have shown interest in this nascent space , filing multiple trademark patents. The surge...