China’s industrial agency plans NFT project but companies remain cautious

//China’s industrial agency plans NFT project but companies remain cautious

China’s industrial agency plans NFT project but companies remain cautious

An agency under China’s Ministry of Industry and Information Technology (MIIT), one of the country’s major technology industry regulators, has plans to create its own digital collectibles, as more local players start to explore the use of non-fungible tokens (NFTs). The MIIT’s Industrial Culture Development Centre said in a statement last Friday that it would mint and sell a batch of digital collectibles this year to “spread China’s industrial culture”. It also wanted to build an “industrial…

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By | 2022-04-01T09:11:03+00:00 April 1st, 2022|Technology|Comments Off on China’s industrial agency plans NFT project but companies remain cautious