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Tag Archives: NFT

BAYC Clothing Line Set to be Released in China by Li Ning

Apr 26, 2022

Li Ning, a sporting brand of Chinese origin with headquarters in Beijing is about to release a clothing line that is based on the Bored Yacht Ape Club #4102 NFTs design. The clothing line and equipment company intends to take advantage of the growing popularity of the BAYC project. ...

Sichuan Province Reinforces China’s NFT Love With Music

Apr 13, 2022

Olusegun Ogundeji

As Sichuan Province’s digital music industry surges, so has its interest in using modern technology like non-fungible technologies (NFTs) to improve music creation, distribution and other related activities and channels to grow the sector, the provincial government has said. The music ind...

China’s Electric Vehicle Maker Xpeng is Selling NFTs on Alibaba

Apr 12, 2022

The Chinese electric vehicle manufacturing company Xpeng has joined the growing list of establishments that are deploying Non-Fungible tokens, popularly called NFTs for various purposes. Xpeng’s use of the innovative technology is for marketing purposes while marking the occasion of rollin...

China Reiterates Intention to Regulate NFTs

Apr 7, 2022

It is almost one year now since China initiated a ban on cryptocurrency mining, crypto transactions, and other businesses related to cryptocurrencies. In the beginning, the majority of participants thought that the ban would go the way of the previous pronouncements which didn’t find a follow-th...

WeChat Embarks on Large-scale NFT Regulation on its Platform

Mar 31, 2022

Leading Chinese social media platform, WeChat has initiated a large-scale regulation process that involves the banning and restriction of NFTs that do not meet up to its recently stipulated conditions.  Recently, the platform, through its parent company, Tencent modified the rules guidi...