Metaverse, NFT gain traction in China as ‘digital collectibles’ – South China Morning Post

An immersive art installation titled ‘Machine Hallucinations — Space: Metaverse’, by Refik Anadol, which was converted into NFT and auctioned online by Sotheby’s, Hong Kong, on September 30, 2021. Photo: Reuters

An immersive art installation titled ‘Machine Hallucinations — Space: Metaverse’, by Refik Anadol, which was converted into NFT and auctioned online by Sotheby’s, Hong Kong, on September 30, 2021. Photo: Reuters

  • The metaverse-themed digital collectibles from 36kr share many essential traits with NFTs in that they cannot be duplicated and are limited in supply
  • Tencent deleted NFT labels from a new app last month, saying they were different from ‘unregulated NFT businesses in overseas markets’

Topic |   NFTs

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Josh Ye

Updated: 5:00pm, 25 Nov, 2021

An immersive art installation titled ‘Machine Hallucinations — Space: Metaverse’, by Refik Anadol, which was converted into NFT and auctioned online by Sotheby’s, Hong Kong, on September 30, 2021. Photo: Reuters

An immersive art installation titled ‘Machine Hallucinations — Space: Metaverse’, by Refik Anadol, which was converted into NFT and auctioned online by Sotheby’s, Hong Kong, on September 30, 2021. Photo: Reuters

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