@generous 14 January 2022 more from that month

China to Launch State-Backed NFT Platform! The South China Morning Post stated this week that the state-backed Blockchain services network (BSN) is preparing a permissioned, non-public blockchain infrastructure that will enable the release of NFT Collections under control. According to the report, the platform that China will launch will not be able to work with NFTs designed on an open blockchain network such as Ethereum (ETH) or Solona (SOL) and will not accept cryptocurrencies as a payment method. Instead, only Chinese Yuan will be accepted for a private network, collection and platform fees. The government-sponsored platform, scheduled to launch in late January, will use the term Distributed Digital Certificate (DDC). #NFT #China