China Daily Plans to Launch Metaverse and NFT Platform

China Daily's Ambitious Metaverse Initiative

China Daily, an English-language newspaper owned by the Publicity Department of the Communist Party of China, has announced plans to establish its own Metaverse and NFT platform. This strategic move highlights the newspaper's commitment to leveraging advanced digital technologies to broaden the reach and influence of Chinese culture and civilization globally.

Investment and Development Plans

The project involves an investment of approximately $390,000, allocated for hiring an external contractor to develop the NFT platform. The contractor can be either a Chinese or international company with expertise in blockchain technology. A key requirement for the successful applicant is that their blockchain mainnet must handle over 10,000 transactions per second, ensuring robust performance and scalability.

Timeline and Technological Integration

Interested contractors have until October 17 to submit their proposals, with a development timeline of three months for the platform's completion. The initiative aims to integrate various modern technologies, including Metaverse, Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), Blockchain, NFTs, Big Data, and Cloud Computing. This technological amalgamation is designed to enhance user experiences and promote the digital dissemination of Chinese culture.

Strategic and Cultural Goals

The primary objective of this platform is to enhance the dissemination of Chinese cultural influence. By utilizing a combination of emerging technologies, China Daily intends to create a dynamic digital environment that supports cultural exchange and global engagement. This endeavor not only positions China Daily at the forefront of digital innovation but also as a key player in promoting Chinese civilization through futuristic platforms.