The latest data analysis confirmed that Shanghai, China’s central coast city and global financial hub, experienced robust non-fungible tokens (NFT) adoption during the Covid-19 pandemic. In response to escalated pandemic-related lockdown at the time, Shanghai residents listed hundreds of artworks on the NFT marketplace OpenSea. During the recent outbreak of the Covid-19 pandemic, Shanghai experienced… Continue reading COVID-19 Turned Shanghai NFT City, As OpenSea Listed Hundreds During Lockdown
Tag: China
The Future Of NFTs In China
Harris Sevinc, a chief technology officer at a blockchain game firm utilizing NFT and metaverse-centric concepts, The Unfettered, believes that China is still hostile to digital assets. However, its residents are obsessed with blockchain technology, the move that has attracted many investors to continue harnessing blockchain-based projects such as NFTs that do not depend entirely… Continue reading The Future Of NFTs In China
China’s Delay To Ban NFTs Increases Hope For Investors
NFTs are still legal in China. The Chinese government now shows no intentions restricting all things crypto, as was highlighted last year when the country declared a total ban on digital assets. In that case, the uncertainty now surrounds the rapidly flourishing crypto-related industry non-fungible tokens (NFTs) market. There is a continued silence from the… Continue reading China’s Delay To Ban NFTs Increases Hope For Investors