Shanghai included blockchain, NFTs and Web3 in its 5-year plan
The municipal government pledged to support the enterprises that are discovering the non-fungibles market.
NFT platforms in China grow 5X in four months despite government warnings
NFTs are still a gray area in China where, unlike cryptocurrencies, there’s no official ban on their use but the authorities have warned investors against the risks from time to time.
Hundreds of NFTs listed on OpenSea from Shanghai residents during COVID lockdown
In response to the city’s COVID-19-related lockdown, Shanghai residents turned to the blockchain to preserve their experiences.
