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NFT gallery drops on Tencent’s SEA music app JOOX

source-logo  forkast.news 13 July 2022 03:42, UTC

JOOX, Tencent’s music streaming service for the Southeast Asian market, has launched a non-fungible token (NFT) gallery in its app, taking another step in the Chinese tech giant’s Web3 drive. 

Fast facts

  • In collaboration with music NFT marketplace MusicY, the new NFT gallery allows artists and users to showcase their digital asset collections.
  • Tencent launched JOOX in 2015 to tap into Southeast Asian markets such as Thailand, Malaysia, Indonesia and Myanmar.
  • Tencent started testing NFT avatars last week for its mainland China music app QQ Music.
  • Chinese tech conglomerates Tencent, Alibaba and ByteDance headlined the country’s top 200 companies with the highest potential for metaverse businesses, according to local rich list curator Hurun Report.
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