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Tag Archives: NFT

China Tops Regional Interest in NFTs

Aug 25, 2022

It has been a rollercoaster year for the NFT ecosystem so far. Since the beginning of the current bear market for cryptocurrency and other digital assets, the traction surrounding NFTs has also faded. Overall interest in NFTs in the last 30 days has dropped by about 25%, perhaps as a res...

Tencent Plans to Completely Shutdown It’s NFT Platform This Week

Jul 20, 2022

The largest internet company in China, Tencent is on the verge of shutting down its NFT platform prematurely. According to sources, the main reason behind this inevitable action is due to the unprofitability of the entity. So far, the platform has suffered from the lingering ban on secondary...

Alibaba Integrates Cloud Service for NFT Solutions

Jun 9, 2022

China’s largest cloud service provider, Alibaba Cloud has announced the integration of NFT solutions on its platform. According to the company, customers can now build their NFT marketplaces by using solutions like web hosting, digital marketing, and content delivery, all of which are res...