{"id":31899,"date":"2022-01-11T13:00:28","date_gmt":"2022-01-11T13:00:28","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=31899"},"modified":"2022-01-11T13:00:28","modified_gmt":"2022-01-11T13:00:28","slug":"nfts-heat-up-in-china-as-digital-collectibles-despite-tough-regulatory-environment-banning-profits","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=31899","title":{"rendered":"NFTs heat up in China as \u2018digital collectibles\u2019 despite tough regulatory environment banning profits"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostWhen Simon Gao, an engineer in China\u2019s eastern city of Hangzhou, decided to join a lucky draw to buy a \u201cdigital collectible\u201d profile photo on Bilibili last Friday, he did not expect the process to be so difficult.The video streaming platform set a high bar for potential buyers, requiring bidders to have logged into the site every single day last year. Gao qualified, but he was still unable to get a profile picture featuring cartoon pigeons, which is stored on the company\u2019s blockchain network\u2026<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3162980\/nfts-heat-china-digital-collectibles-despite-tough-regulatory?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostWhen Simon Gao, an engineer in China\u2019s eastern city of Hangzhou, decided to join a lucky draw to buy a \u201cdigital collectible\u201d profile photo&hellip; <\/p>\n","protected":false},"author":0,"featured_media":31900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/31899"}],"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=31899"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/31899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/31900"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31899"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}