China Daily, a state-run newspaper, is boldly stepping into the Metaverse and NFT realm, armed with a 2.813 million Yuan budget to craft a high-speed platform capable of handling a whopping 10,000 transactions per second. This platform isn’t just about NFTs; it’s a versatile space for users to smoothly manage their digital collections, complete with a feature for multi-currency transactions on a global scale.

But here’s the twist: China Daily isn’t confining this venture to its home turf. It’s eyeing partnerships with renowned international NFT platforms like OpenSea and Rarible, aiming to broaden its appeal to a global audience.

This intriguing move hints at China’s evolving stance on blockchain. Despite being strict on cryptocurrencies, this initiative demonstrates a more nuanced approach to the underlying technology’s potential for innovation while staying within the lines of regulation.

With the ability to handle a blitz of transactions and the ambition to collaborate across borders, this isn’t just about China’s digital landscape; it’s a glimpse into the future of blockchain and digital assets, where boundaries blur, and innovation knows no borders. Stay tuned for this exciting chapter in the global blockchain story!