Do you think the domestic policy allows NFT trading?

At present, there are no clear laws and regulations in China that prohibit NFT transactions. According to the law, it can be done without prohibition, so NFT transactions are now legal in our country. However, the state is now gradually regulating the market to prevent taking this opportunity to engage in some illegal activities to obtain benefits.

Therefore, in the future, the country's management of the NFT market will become more and more standardized, but within the scope of the law, NFT market transactions are still worth advocating.

1. What is an NFT?

NFT is actually an abbreviation of an English word, and its full name should be Non-Fungible Token. The word translated means token, which is an extension and extension of blockchain technology. On blockchain technology, there is one called native coin, and another is called token.

Like Bitcoin and Ethereum, which were more popular before, they are both applications of blockchain technology. In fact, NFT is essentially an extension and application of blockchain technology. This token is characterized by non-fungible and non-fungible.

Moreover, NFTs are unique, and each NFT product has its own unique number.

2. The birth of NFTs.

NFC was actually born at the same time as blockchain technology, which can be traced back to a product implemented by Ethereum in 2017. In 2017, Ethereum released a digital encrypted avatar, which every user can claim by themselves. But this avatar is encrypted and unique, and the total number is only 10,000 copies.

Moreover, after receiving it, users can put it on the chain and trade it on the secondary market, which is the first application of NFT digital products.

3. Development prospects.

At present, the development of NFT in China is still in its infancy, and the overall operation mechanism and product trading system are not very perfect. However, in the long run, there is still a certain potential for development in China, and there is a gap in market development.

Yes, we have opened up a lot of policies now, and such things can make our country develop better.

I don't think it's allowed Because there is a certain risk in such a transaction, and then it is also prohibited by law, it does not meet the requirements of domestic policy.

I think it's allowed, because our policy is more open-minded, and a lot of institutions already have it.

Domestic policy does not allow this, this kind of transaction risk is very large, the domestic is also to protect everyone's interests to make trouble, so the only thing is to bury the mountain that does not allow such a transaction.

I think it's allowed, because some of our policies are still relatively open, and there are a lot of such platforms now.

Of course it is allowed. Because such transactions are virtual currency transactions, China does not prohibit such trading activities.

Yes, it is allowed, and now the state is more encouraged, but it must meet the standards of the law, and it also needs to have a digital certificate.

The current domestic policy does not allow NFT transactions, but there are some places abroad that can.

At present, the domestic policy does not allow NFT transactions, because NFT transactions are not formal, and they can generally be done in some small **.

NvirWorld - Recently, you can upload three NFT works without minting, which is very good.

Hello dear, happy to answer your questions. Now there are many NFT platforms in China, and the better platforms are good, probably as follows: 1, Whale Scout (Alipay's collection platform) 2, Phantom Box (Tencent's collection platform) 3, Super Chain (its collection platform) 4, NFT Zhongzhong Tan Guo 5, Only Art 6, OneArt digital collection 7, Rare Image 8, IBOX digital collection 9, excellent copyright 10, One Meta Some platforms have opened the secondary market, and some have not opened the secondary market. Therefore, when trading, it is necessary to look clearly at the cross-posture and ease of each platform.

Today's trading platforms have sprung up, and the quality is uneven. So you can't just choose ... Hope mine is helpful to you.

It is permissible that the domestic crackdown is on the speculation and trading of virtual Huobi, as well as mining, but at the same time it is also encouraged and supportedBlockchain technologydevelopment, of course, also includes not involvedCryptocurrenciesHyped NFTs.

NFT, the full name of non-fungible token, refers to non-fungible tokenHomogenizationTokens.

Introduction:

form) of the only cryptocurrency.

Token. NFTs can be bought and sold, just like tangible assets.

News & Events:

On March 18, 2021, foreign media reported that Eloner Musk.

's tweets, including captions, clips, and songs, are treated as NFTs on **on**. As of March 16, the highest bid was $1.12 million.

On July 13, 2021, the Beijing Guosheng Peking Opera Troupe put its Peking Opera works on NFTs**, and the first Peking Opera NFT appeared.