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NFT Marketplaces

Archived coverage · Forkast crypto archive

  • NFT Marketplaces

    Tencent’s music app tests NFT avatars, virtual music room

    Tencent on Monday said it started testing non-fungible token (NFT) profile picture (PFP) avatars and the “virtual room” Music Zone on its QQ Music app. See related article: Tencent launches XR unit to develop ‘benchmark’ VR products Fast facts These NFT PFP avatars are two-dimensional cartoon characters based on Tencent’s blockchain, Zhixin Chain. QQ Music […]

    Ningwei Qin

  • NFT Marketplaces

    Chinese marketplace repurchases NFTs, citing uncertain policies

    Non-fungible token (NFT) marketplace Yucang Digital Collectibles announced that it is buying back assets sold on its platform due to lack of regulatory clarity.  See related article: NFTs in China must be reviewed: China media watchdog Fast facts The marketplace said operations will continue, but sales and transfers of digital collectibles will be frozen and […]

    Ningwei Qin

  • NFT Marketplaces

    S.Korea’s Korbit issues employee IDs in CryptoPunk-like NFTs

    South Korean cryptocurrency exchange Korbit said on Monday that it has issued employee identification cards (IDs) in CryptoPunks-inspired non-fungible tokens (NFTs). See related article: NFT credit card in the works for top S. Korean crypto exchange Fast facts Various South Korean industries have experimented with NFTs for official documentation, such as graduation certificates. Korbit, one […]

    Danny Park

  • NFT Marketplaces

    Kakao’s Klaytn partners with OpenSea for NFT expansion in Asia

    Singapore-based public blockchain platform Klaytn and non-fungible token (NFT) marketplace OpenSea announced on Friday a partnership to bolster the Asian NFT ecosystem. See related article: Kakao’s Klaytn to build blockchain in China with BSN Fast facts The partnership includes conference collaborations and ecosystem grants to promote Asian NFT projects to the global audience. Klaytn is […]

    Danny Park

  • NFT Marketplaces

    eBay acquires NFT marketplace KnownOrigin

    E-commerce giant eBay has acquired U.K.-based non-fungible token (NFT) marketplace KnownOrigin, the company announced in a press release on Wednesday.  See related article: Alibaba Cloud launches service to build NFT marketplaces Fast facts According to the press release, both companies signed and closed the deal on Tuesday, but the purchase price and further details on […]

    Dylan Butts

  • NFT Marketplaces

    Chinese NFT platform apologizes for using Hong Kong movie star Louis Koo’s images

    Lianwan, a Chinese “digital collectibles” platform that sells blockchain-based images, had claimed it was working with the Hong Kong action star. But Koo’s agency has denied any involvement. See related article: Storm in a teacup? WeChat bans account for flipping NFTs Fast facts On Saturday, Lianwan apologized for using Hong Kong action star Louis Koo […]

    Ningwei Qin

  • NFT Marketplaces

    You can’t spell nonprofit without ‘NFT’

    More than a passing fad, NFTs can empower philanthropic organizations in ways never thought possible before, writes Nick Lynch of Collidescope.io.

    Nick Lynch

  • NFT Marketplaces

    NFTs in China must be reviewed: China media watchdog

    Digital collectibles in mainland China will enjoy copyright protection only after a review, National Press and Publication Administration blockchain copyright director Liu Tianjiao said. See related article: China’s diktat against NFT flipping spawns an ingenious industry Fast facts See related article: China-run media outlet criticizes NFT platform as a payment risk

    Ningwei Qin

  • NFT Marketplaces

    Steph Curry, Jaylen Brown NBA Top Shot NFTs to be on China public auction

    Beijing Poly International Auction teased an online auction of 32 NBA Top Shot non-fungible tokens (NFTs), including collectibles of basketball stars Stephen Curry, Kevin Durant, and Kyrie Irving, with starting prices ranging from 100 yuan (about US$15) to 50,000 yuan (US$ 7,471). See related article: NBA is taking the lead with blockchain, crypto Fast facts […]

    Ningwei Qin

  • NFT Marketplaces

    Alibaba Cloud launches service to build NFT marketplaces

    Alibaba Cloud on Wednesday said its service will help build NFT marketplaces in a fast and reliable way, without addressing compliance issues. See related article: Resist the temptation on NFTs, Chinese state-backed developer says Fast facts See related article: Move-to-earn app STEPN to limit service in China

    Ningwei Qin