The9 Ltd., a Chinese gaming company that pivoted earlier this year to cryptocurrency mining — along with Polygon and Protocol Labs — are forming an ecosystem collaboration on The9’s non-fungible token (NFT) platform NFTSTAR and GameFi play-to-earn projects.
Fast facts
- The company said in a statement released on Thursday that NFTSTAR and The9’s GameFi projects will consider Polygon as the first priority of public blockchain to support the technical operation and maintenance.
- The trio will also discuss forming a GameFi fund, seeking promising GameFi projects to invest in and provide financial and technical support to them.
- Meanwhile, China’s major search engine Baidu’s blockchain arm Xuper is also jumping on the NFT bandwagon. It said on Thursday in a social media post that it is issuing a music NFT. Notably, Xuper said that it is exploring opportunities in the metaverses.