NFT‘s faced great interest in 2021 and its effects still continue. In particular, reaching billions of dollars in commercial volume has led many crypto money companies and investors here. Now to cryptocurrencies and bitcoin‘to (BTC) Baidu, the 3rd largest company in China, whose attitude towards it is known very clearly, is entering the NFT market.
Baidu Enters NFT World
baidu, At the end of March, it will distribute a total of 20,000 NFTs to its users. It is stated that the NFTs in question consist of nostalgic cartoon characters of China.
Although China’s state media has recently issued strong warnings against NFTs, the fact that a company like Baidu has taken such a step shows that the government is not completely against it.
Chinese tech giants Alibaba and Tencent also launched their own NFT trading places last year, but they introduced rules to limit trading between users.
Baidu, on the other hand, shows that it will bring a broader understanding by going beyond these rules. Although it is not yet clear to which users these NFTs will be given, it can be estimated that 20,000 NFTs will create a serious sensation in the coming years.
Google Trends data shows that although interest in NFTs and the metaverse world has decreased recently, certain projects still continue to attract more attention than ever before. The entry of technology giants into this sector also indicates that there is a future here.