China’s Official News Agency Xinhua to Release NFT Collection

China’s official news agency, Xinhua, is preparing to launch a new non-fungible token (NFT) collection despite the restrictions on the use of cryptocurrencies in the country.

According to a statement released by Xinhua on Wednesday, Friday In the collection to be shared, some of this year’s photos it will include.

In the collection created with blockchain-based NFT technology, each There will be 10 thousand copies There are 11 photos in total.

The photos are from the year 2021, including the celebrations for the 100th anniversary of the founding of the Chinese Communist Party. historical moments reflects.

The records of NFTs in Xinhua’s collection will be kept on the blockchain infrastructure provided by Tencent Cloud. Xinhua, the extracted collection, “A digital keepsake written in the Metaverse.” defines as.

Although the Chinese government has introduced a comprehensive ban against cryptocurrencies, ranging from token issuance to mining and ordinary transactions, non-fungible token There is no direct ban against its use. Previously, companies such as Tencent and Ant Group had also released their own NFT collections.

source site-9