Visual China Group, China’s largest photo and video licensing service, is testing an NFT platform targeting the overseas market using the Ethereum blockchain. Photo: Captured from Vault by 500px
Visual China Group, China’s largest photo and video licensing service, is testing an NFT platform targeting the overseas market using the Ethereum blockchain. Photo: Captured from Vault by 500px
NFTs

New NFT platform from Visual China, the country’s top photo licensing site, targets overseas users on Ethereum

  • The platform called Vault by 500px uses the Ethereum blockchain to issue NFTs that can be bought using cryptocurrency, which is banned in mainland China
  • VCG’s new platform joins a previously launched domestic digital collectibles platform to help it ‘form dual art markets at home and abroad’

Visual China Group, China’s largest photo and video licensing service, is testing an NFT platform targeting the overseas market using the Ethereum blockchain. Photo: Captured from Vault by 500px
Visual China Group, China’s largest photo and video licensing service, is testing an NFT platform targeting the overseas market using the Ethereum blockchain. Photo: Captured from Vault by 500px
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