WedNewsFlash ⚡ China Daily Dives into the NFT World

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The digital revolution is in full swing, and NFTs are leading the charge. They're not just a trend; they're inevitable. And now, China Daily, the English-language voice of the Chinese Communist Party, is hopping on the bandwagon. They're gearing up to carve out their space in the metaverse with their very own NFT platform. Rumor has it, they might even collaborate with big players like OpenSea and LooksRare.

Here's the lowdown: China Daily is setting aside a nifty 2.813 million Chinese yuan (around $390,000) to partner with a tech guru. They're scouting for someone who can craft an NFT platform that's both sleek and budget-friendly. Local or international, all blockchain experts are welcome to throw their hat in the ring. But there's a catch: the platform needs to be a speed demon, handling a staggering 10,000 transactions every second.

For the tech aficionados out there, you've got until Oct. 17 to pitch your groundbreaking ideas. And if you're the chosen one, you've got a tight three-month window to bring this vision to life. What's the endgame? China Daily aims to spotlight the rich heritage of Chinese Civilization. They're harnessing the might of the metaverse, VR, AR, blockchain, NFTs, and even cloud tech to make waves.

For the developers in the room, here's a bit more detail: The platform should be a one-stop-shop for uploading, displaying, and managing digital treasures. It needs to play nice with different media formats and collections. Plus, it should have all the bells and whistles like pricing, auctions, and timed events, all backed by a versatile payment system.

Now, a quick note on the crypto scene in China: Since 2021, there's been a ban on all crypto transactions. While some blockchain projects are still going strong, they're under a watchful eye from the authorities.

That's a wrap for this week's update! Stay tuned for more juicy tidbits next week. And hey, if you enjoyed this read, give us a follow on our social channels. 🌟

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