{"id":28030,"date":"2021-11-26T09:00:26","date_gmt":"2021-11-26T09:00:26","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=28030"},"modified":"2021-11-26T09:00:26","modified_gmt":"2021-11-26T09:00:26","slug":"chinese-state-media-renews-warning-against-nft-zero-sum-game-flagging-fraud-risks-as-digital-collectibles-gain-recognition-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=28030","title":{"rendered":"Chinese state media renews warning against NFT \u2018zero-sum game\u2019, flagging \u2018fraud\u2019 risks as digital collectibles gain recognition"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe People\u2019s Daily, mouthpiece of the ruling Chinese Communist Party, has spoken out against the investment fever around non-fungible tokens (NFTs), questioning whether it is another \u201czero-sum game hyped by cryptocurrency investors and capital\u201d.The latest state-media warning comes as NFTs and the metaverse have been gaining momentum, with a growing list of Chinese firms openly embracing them. Media firm 36kr Holdings gave away 1,124 metaverse-themed digital collectibles at a conference in\u2026<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3157493\/chinese-state-media-renews-warning-against-nft-zero-sum-game?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe People\u2019s Daily, mouthpiece of the ruling Chinese Communist Party, has spoken out against the investment fever around non-fungible tokens (NFTs), questioning whether it&hellip; <\/p>\n","protected":false},"author":0,"featured_media":28031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/28030"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28030"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/28030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/28031"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28030"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}