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China Daily Allocates $390,000 for New NFT Platform Development

source-logo  coingape.com 10 October 2023 07:00, UTC

China Daily, steered by the Publicity Department of the Chinese Communist Party, has earmarked a substantial 2.813 million Yuan ($390,000) to create a new NFT platform. The announcement specifies that a third-party contractor, either a domestic or international firm specializing in blockchain technology, will develop the platform. Moreover, the mainnet of the chosen blockchain firm must demonstrate the capability to manage over 10,000 transactions per second, ensuring robust performance and reliability.

coingape.com