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
NFTs

Chinese state media renews warning against NFT ‘zero-sum game’, flagging ‘fraud’ risks as digital collectibles gain recognition

  • 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
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
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