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CoinGape
2021-07-19 07:06:09

Alibaba’s SCMP follows TIME Magazine, Launches ARTIFACTs NFTs to Tokenize Media Assets

Alibaba’s SCMP follows TIME Magazine, Launches ARTIFACTs NFTs to Tokenize Media Assets

Despite the regulatory crackdown, Chinese e-commerce giant Alibaba is making a move into the NFT market. Alibaba-owned most popular English newspaper in Hong Kong – South China Morning Post (SMCP) – will issue its own NFTs tokenizing its media assets. Dubbed as ARTIFACTs, these NFTs will represent meaningful moments and objects from SCMP’s historical news The post Alibaba’s SCMP follows TIME Magazine, Launches ARTIFACTs NFTs to Tokenize Media Assets appeared first on Coingape.

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