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
PASSION FOR LIFE - 7/19 Limited Edition
PASSION FOR LIFE - 7/19 Limited Edition - Please enable the sound - This NFT was inspired by some of the attributes of a woman. She is so beautiful, elegant, and delicate, but at the same time powerful and full of passion. She merges with the universe and creates life in many ways, represented in this artwork by the dispersion of her body. I first sculpted this piece by hand, then digitalized it and gave it life and movement. Limited Edition 7/19 IG @ArtistLeonardo
Banksta
Pump, dump and bump Banksta to death. Demon or dead normal? Print fiat at will. What more do you want?
Verifactory
The factory process behind the making of a verification badge. 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Redshift, and After Effects.
Harry
Good day! I'm Harry. I believe the world is flat. I once got in a fight with a rabbit, and won. We're so fur-tunate to have found each other!
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great José Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?