The new NFT marketplace backed by the Chinese government will | W3 Metaverse • DeFi • NFTs

The new NFT marketplace backed by the Chinese government will serve as a secondary market for NFTs and digital copyrights in China.

The marketplace is set to launch on Jan 1, 2023 and will facilitate the trading of copyrights related to digital assets. The project also aims to regulate and avoid excessive speculation in secondary NFT markets.
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