30/12/2022 China to Launch First National ‘Digital Asset’ Marketplace

While trading digital collectibles has been popular among Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs.

China is launching its first state-backed non-fungible token (NFT) marketplace, the latest sign of embrace for a technology that has occupied a legal gray area within the country’snotoriously strict regulations on cryptocurrency.

The platform will be run by three state-owned and private entities, including China Technology Exchange and Art Exhibitions China, both of which are government-backed, and Huban Digital, a private company, according to a report by Chinese state media outlet China Daily.

The marketplace, whose name translates to “China Digital Asset Trading Platform,” will also be used to trade digital copyrights and property rights along with collectibles.

The platform’s underlying blockchain is called “China Cultural Protection Chain,” according to the report.

NFTs have been popular among Chinese traders for much of the past two years, but not in the same ways as the rest of the world. NFTs in China cannot be purchased with cryptocurrency, according to the country’s laws, and they aren’t referred to as NFTs, but as digital collectibles.

Digital artwork is also traded on closed, highly regulated platforms as opposed to open ones. Earlier this month, a Chinese courtruledthat digital assets have similar property rights to items sold on e-commerce sites, which was seen as a major milestone in their protection.

Arts

https://www.coindesk.com/web3/2022/12/28/china-to-launch-first-national-digital-asset-marketplace/

Interesting NFTs
Dreaming at Dusk
More than 15 years ago, Tor onion services were brought to digital life. An ecosystem of onions has been blooming ever since. To commemorate this landmark in the history of privacy, we collaborated with @ixshells to create a one-of-a-kind digital artifact: a generative art piece derived using the private key of the very first onion service, duskgytldkxiuqc6.onion. This auction benefits the Tor Project, the nonprofit protecting your human right to privacy. 1020*1280 / 60fps / .mp4 / RSA1024
Cosmic Chess
Cosmic Chess is a playable artwork that will evolve in time as the game progresses. This piece utilizes a special Layer Changer tool that lets owners move their pieces just like they would a regular chess game! To see the current state of the board you can view the tool here: https://asyncchess.herokuapp.com/1148
Darky
Ugh! I'm Darky. My friends describe me as smelly and voluptuous. My secret indulgence is cantaloupe. Will you be the garlic butter to my peanut butter?
#10133
By OthersideDeployer
The Moth Catcher
In this psychologically bed-headed portrait, a creature sets in a trance; his eyes devolved and vestigal, his third eye open but hardened and in a form resembling a Sharingan. The imagery therefore expresses an awareness existing in corporeal introspection. The creature’s mind sprouts, on the left side, an emerging face, grinning. To the right side of the head, red tentacles and fingers intertwine–a collaboration of invertebrate and vertebrate consciousness cooperatively handling paint brushes of the sort used to build an oil painting. The neck and throat bristle with random thorns, as from a rose or the upper portions of a beak sprouting from its flesh. The neck itself disassociates into layers of membranous material, terminating upon an abstracted base of convoluted forms composing its body. The nose is virtually non existent, more a sinus reiterative of the shape of the third eye. Set against the exposed teeth peering out of thick, meaty cheeks, a skeleton-like impression results. That impression sets behind a visceral set of lips and tongue, which is the creature’s prime seat of awareness. Sensual, organic, the tongue organ hangs, meaty, and with consciousness of a sea cucumber. It illuminates at the tip, drawing the attraction of a nearby moth–with mystery of purpose.