China’s Popular Video Platform Releases NFT Collection After Alibaba and Tencent

Bilibili, the video sharing platform known as China’s Youtube with 60 million daily active users, announced that it will launch its own digital collection (NFT) named “Dovthe” after Alibaba Group Holding and Tencent Holding.

in china to avoid scrutiny by regulators”digital collectiblesbranded under the name NFT‘s cryptocurrencies They are not traded with.

in china Platform with a mix of Twitter and Facebook Weibo in this week’s announcement bilibili, each with unique design and the company’s own On the UPowerchain blockchain who has the code to hide Of the 2,233 pigeon avatars people who want to win January 7 He said he could register for the lottery.

People who want to participate in the draw over 14 years old and the highest level on the platform 6th level user Bilibili, who stated that they should be Been active on the site daily throughout 2021 explained that they should be.

Winners will be able to create and sell physical products based on pigeon avatars, as well as create non-commercial digital works. in a short time a feature that will allow owners of digital collectibles to transfer NFTs to other people for free the company that says it will make it available;

We do not endorse any digital art avatars.

made a statement.

The company did not mention why the collection consists of a pigeon avatar. However, when a creator on the platform is delayed in releasing a new video, “release the pigeonThe term ” is frequently used among users in comments. The term is also used in everyday life in China.keep up to date” and “make someone wait in vain by not showing up for an appointmentIt is a Chinese expression used to mean “.

source site-9