Tencent is leading a group on standards for NFTs, recognised by UN agency. Photo: Handout
Tencent is leading a group on standards for NFTs, recognised by UN agency. Photo: Handout
NFTs

Tencent-led project becomes first UN-approved standards initiative on NFTs, known as ‘digital collectibles’ in China

  • The first draft of the framework is expected to be completed by the end of 2022, with Tencent group also supported by Ant and institutions
  • Many Chinese tech companies offer NFTs built on consortium blockchains, which are different from popular public blockchains

Tencent is leading a group on standards for NFTs, recognised by UN agency. Photo: Handout
Tencent is leading a group on standards for NFTs, recognised by UN agency. Photo: Handout
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