Chinese state media warns against NFT ‘zero-sum game’ – South China Morning Post

chinese-state-media-warns-against-nft-‘zero-sum-game’-–-south-china-morning-post

A visitor takes a photo in front of digital work ‘Untitled (Self-Portrait)‘ by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, September 30, 2021. Photo: Reuters

A visitor takes a photo in front of digital work ‘Untitled (Self-Portrait)‘ by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, September 30, 2021. Photo: Reuters

  • The People’s Daily newspaper questioned whether NFTs were hype and fraud, given the skyrocketing prices of some digital collectibles
  • Beijing has not explicitly banned NFTs, leaving the door open for listed companies to issue announcements that tie future business plans to the concept

Topic |   NFTs

E3B1C256-BFCB-4CEF-88A6-1DCCD7666635

Coco Feng

Updated: 5:00pm, 26 Nov, 2021

A visitor takes a photo in front of digital work ‘Untitled (Self-Portrait)‘ by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, September 30, 2021. Photo: Reuters

A visitor takes a photo in front of digital work ‘Untitled (Self-Portrait)‘ by Andy Warhol and digital artist Mike Winkelmann, known as Beeple, at the Digital Art Fair, in Hong Kong, September 30, 2021. Photo: Reuters

Leave a Reply

Your email address will not be published.