Alibaba introduces NFT marketplace for the exchange of intellectual property rights

Alibaba introduces NFT marketplace for the exchange of intellectual property rights

Alibaba has developed a new marketplace where trademark holders may sell NFT tokens reflecting rights to their copyright. Alibaba Group Holding , a Chinese multinational e-commerce giant, has established a new nonfungible tokens (NFTs) marketplace, allowing trademark holders to sell tokenized rights to their intellectual property. The new NFT marketplace, called “Blockchain Digital Copyright and […]

Alibaba’s SCMP Launches ARTIFACTs NFTs to Tokenize Media Assets

NFTs Sale Volume Decreases by 45% in Q2 2024

Despite the regulatory crackdown, Alibaba, the Chinese e-commerce powerhouse, is entering the NFT industry, it earlier revealed its Taobao Maker festival will feature NFTs. The South China Morning Post (SMCP ), Hong Kong’s most popular English daily, will issue its own NFTs to tokenize its media assets, according to Alibaba. These NFTs, dubbed ARTIFACTs, will […]

Taobao to Include NFT Arts in Its Maker Festival

Taobao to Include NFT Arts in Its Maker Festival

NEAR Protocol teams up with a Chinese artist to sell NFTs in Alibaba’s E-Commerce Website Taobao’s Maker Festival. NEAR Protocol is collaborating with Web3Games, a blockchain gaming company , and Chinese artist Heshan Huang to sell his non-fungible token (NFT)-based “real estate” at Alibaba’s Taobao Maker Festival this year. The festival was founded in 2016 […]