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Introduction of NFT Marketplace by a Mobile Network Provider in Hong Kong

Introduction of NFT Marketplace by a Mobile Network Provider in Hong Kong

China Mobile Hong Kong Launches LinkNFT, Hong Kong’s First Telecom-Operated NFT Marketplace

China Mobile Hong Kong, a leading mobile communication brand in Hong Kong, is introducing its own NFT marketplace called LinkNFT. This marks the first telecom-operated NFT marketplace in Hong Kong. The launch coincides with the success of their smart living mobile application, MyLink, which has garnered over seven million users.

Facilitating Digital Asset Creation and Trade

LinkNFT will provide businesses with NFT minting services, enabling the creation, trade, and circulation of digital assets across various scenarios such as SocialFi, DeFi, and GameFi. To ensure seamless web3 interoperability, it will utilize a combination of cross-chain standards: the web3 Center cross-chain service protocol, cross-chain adapter, and cross-chain smart contract. Hong Kong residents can easily access their digital assets through MyLink’s exclusive digital wallet “LinKey,” including Ethereum-based assets like Opensea.

A Wide Range of NFT Offerings

Through collaborations with different sectors, China Mobile Hong Kong plans to release more than 30 NFTs on LinkNFT. This includes 20 commemorative editions from the MyLink ArLink series and 15 NFTs associated with publishers and music platforms like Migu Music. The total number of NFT issuances is expected to surpass 500,000.

Enhancing the Metaverse Experience

The Metaverse digital space within MyLink has been upgraded to provide a comprehensive 3D immersive experience. This allows Hong Kong citizens to create their digital homes and explore a virtual city complete with shopping malls and exhibition halls. With this upgrade, citizens can convert their Meta IDs into NFTs, fostering a unique digital community within the web3 ecosystem.

Novel Consumer Rights and Collectible Value

Mr. Tan Hui, Executive Director of MyLink, believes that this new venture will enable enterprises to offer innovative consumer rights through various NFTs. Meanwhile, users can enjoy the collectible and circulation value of these digital assets.

Hot Take: China Mobile Hong Kong Introduces LinkNFT, Pioneering Telecom-Operated NFT Marketplace in Hong Kong

China Mobile Hong Kong is breaking ground by launching LinkNFT, the first NFT marketplace operated by a telecom company in Hong Kong. With the introduction of this platform alongside the success of their MyLink app, China Mobile Hong Kong aims to facilitate the creation, trade, and circulation of digital assets through NFTs. By utilizing cross-chain standards for seamless web3 interoperability and offering a wide range of NFT offerings, including commemorative editions and collaborations with publishers and music platforms, LinkNFT aims to cater to various user preferences. Additionally, the upgraded Metaverse experience within MyLink allows citizens to immerse themselves in a virtual city and convert their Meta IDs into NFTs. This exciting development opens up new possibilities for enterprises and users alike in the evolving world of NFTs.

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Introduction of NFT Marketplace by a Mobile Network Provider in Hong Kong