A security guard stands in front of a digital art work displayed outside a mall in Beijing, Nov. 6, 2021. Photo: AP
A security guard stands in front of a digital art work displayed outside a mall in Beijing, Nov. 6, 2021. Photo: AP
NFTs

China’s Communist Party mouthpiece launches NFT research project to ‘guide’ digital art development

  • The People’s Lingjing Research Institute is a joint venture between the paper’s corporate entity and Shanghai-based IP rights firm Sinofaith
  • China’s digital collectibles are mostly based on centrally-controlled blockchains and are sold in yuan

A security guard stands in front of a digital art work displayed outside a mall in Beijing, Nov. 6, 2021. Photo: AP
A security guard stands in front of a digital art work displayed outside a mall in Beijing, Nov. 6, 2021. Photo: AP
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