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China Daily Ventures into the Metaverse with NFT Platform

China Daily announces plans to develop a metaverse and NFT platform to enhance Chinese cultural influence.
Published on 2023-10-09

China Daily's Ambitious Metaverse Plan

China Daily, under the administration of the Communist Party of China, is embarking on an innovative project to create a metaverse and NFT platform. The initiative aims to harness cutting-edge technologies to amplify the reach of Chinese culture globally.

Significant Investment for Development

The newspaper has allocated 2.813 million yuan, equivalent to 390,000 USD, to fund this ambitious project. A bidding process invites both Chinese and international contractors with expertise in blockchain technology to participate. The chosen contractor will be responsible for designing the NFT platform within the specified budget.

Technical Specifications and Requirements

The successful blockchain company must ensure their network can handle over 10,000 transactions per second, highlighting the scale and efficiency required for the platform. Contractors are encouraged to submit their proposals by October 17, with a development timeline set at three months.

Enhancing Cultural Influence Through Technology

The primary goal of China Daily's NFT platform is to bolster the dissemination of Chinese civilization's influence. This will be achieved through various technological mediums, including the metaverse, virtual reality (VR), augmented reality (AR), mixed reality, and blockchain. The integration of irreplaceable digital assets (NFT), big data, and cloud computing will play a crucial role.

A Step Towards Digital Innovation

China Daily's venture into the metaverse and NFTs marks a significant step towards digital transformation and cultural promotion. By leveraging advanced technologies, the platform aims to create immersive experiences that showcase and celebrate Chinese heritage on a global stage.

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