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This week: Alibaba's cloud computing unit launches NFT services, Hong Kong securities regulators to tighten rules around NFT-based collective investment schemes, global NFT sales drop as investors continue to pour money into the sector, and more.
On Tuesday, "Jingtan", a digital collectible platform owned by Ant Group, announced that 56 users who had made illegal transactions outside the platform were restricted from using specific functions.
Inke Limited, a live-streaming platform in China, will soon launch NFT products abroad. The new products will be released on Open Sea, the world's largest NFT trading platform.
Doodles, a collection of 10,000 NFTs in the Web3 universe, tweeted recently about Doodles 2 – a dynamic NFT where users can change their looks as often as they like.
GameFi-as-a-Service platform Game Space and crypto trading platform Bybit will launch 3,200 limited edition NFT Mystery Boxes, which will be sold exclusively on the Bybit NFT Marketplace from June 30.
COL Digital Publishing, an operator of online IP rights, on Sunday launched "Fifth Prism," its first digital collection platform for the metaverse.
NetEase Planet NFT, a digital platform based on NetEase's blockchain technology, was announced on Wednesday.
Chinese technology giants Alibaba and Tencent have both renamed their non-fungible token (NFT) offerings as “digital collectibles”, as Beijing strengthened its supervision of Internet businesses' NFT platforms.
Heated discussion arose Tuesday night on Chinese microblogging platform Weibo regarding the drastic dropping of prices for digital collectibles on iBox.
This week: Chinese label Modern Sky debuts first virtual musician, The Sandbox to launch metaverse incubator program, Chinese government rejects metaverse trademark applications, and more.
Chinese blockchain entrepreneur Justin Sun has announced that he successfully auctioned off a complete set of NFT works featuring the heads of the twelve animals for a price of almost $1.50 million from MetapolyXM.
On Thursday, Solana Mobile, a subsidiary of Solana Labs, introduced Saga, a flagship Android mobile phone that tightly integrates with the Solana blockchain making it easy and secure to transact in Web3 and manage digital assets.