The Ministry of Science and Technology in China has introduced a web3 strategy that embraces the development of new business models, focusing on non-fungible tokens (NFTs). Despite China’s ban on cryptocurrencies, this strategy underscores the government’s responsibility to the web3
In an ambitious stride to bolster its position in the global artificial intelligence (AI) arena, China has sanctioned over 40 AI models for public application within just six months. This development follows the initiation of a regulatory framework aimed at
Amidst the rising tide of digital innovation, China Daily, backed by the Publicity Department of the Chinese Communist Party, has unveiled its initiative in the NFT domain. However, a closer look suggests that merging ancient civilizations with modern digital technology
Chinese reality TV show Sing!China is entering the metaverse. Web3 technology company NFKings is working with Hong Kong Stock Exchange-listed variety program IP operator Star CM Holdings to launch Sing!Meta, a metaverse version of the popular musical show. Sing!China is
The price of Floki Inu (FLOKI), a memecoin inspired by Elon Musk’s pet dog, jumped 15% on Sunday and trading volumes soared over 300% on Monday. The rally came as traders and investors bet on the project, which is pushing
Government-backed non-fungible tokens (NFTs) were in the news last April, after the UK made a bold move to create digital collectibles to foster the country’s commitment to tech. While this was seen as a positive one year ago, a statement
Metaverse is a cutting-edge technological platform with enormous economic and societal potential. It realizes virtualization and digitization of the real world through large-scale transformation of economic systems, user experience, and content of the physical world, and is supported by resource
The adoption of retail spaces in the metaverse is igniting creativity in architects who are also seeing growth opportunities that are missing in physical designs. As big brands are staking their claim in the metaverse, architects are enjoying the “freedom”
TCG World Metaverse now features the premiere of the ‘Chooky’ video, marking its first metaverse appearance with artists O.T., Elesia Iimura, and Busta Rhymes. Recently, Chooky Records, a blockchain music label, and TCG World, an online virtual community sandbox, partnered
Johnny Ng proposes a Web3 platform to enhance financial integration across Hong Kong, Macao, and Guangdong, leveraging Hong Kong’s crypto hub status despite China’s crypto restrictions. A new proposal from Johnny Ng, a delegate to China’s top political advisory body,
Studio369 is launching MetalCore, a PvP mech game with Web3, entering closed beta for “Call to Arms,” designed by Stephan Martiniere, aiming for fun gameplay. As the team gets ready for the game’s next development, Studio 369, a gaming studio
As generative AI continues to gain traction, its users have turned into fraudsters, with 64% claiming AI work as theirs, according to a Salesforce survey. The survey on the Generative AI Snapshot Research Series ‘The Promises and Pitfalls of AI
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