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Chinese video site Bilibili follows Alibaba and Tencent in issuing NFTs as ‘digital collectibles’

The winners of the Bilibili lucky draw can make and sell physical products based on their pigeon image, and create digital works for non-commercial purposes. In China, NFTs are branded as ‘digital collectibles’ to avoid regulatory scrutiny, and the assets cannot involve cryptocurrency. Read full story

Source : https://www.thestar.com.my/tech/tech-news/2022/01/07/chinese-video-site-bilibili-follows-alibaba-and-tencent-in-issuing-nfts-as-digital-collectibles

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