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Home»NFT»Hong Kong mobile network provider launches NFT marketplace
NFT

Hong Kong mobile network provider launches NFT marketplace

2023-12-15No Comments2 Mins Read
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China Mobile Hong Kong, a leading mobile communications brand in Hong Kong, is launching its own NFT marketplace, LinkNFT.

It will be the first telecom-operated NFT marketplace in Hong Kong. This launch coincides with the breakthrough of their comprehensive smart living mobile application, MyLink, which has acquired more than seven million users.

LinkNFT will provide NFT coin services for businesses, facilitating the creation, trading and circulation of digital assets through various scenarios such as SocialFi, DeFi and GameFi. It will use a trio of cross-chain standards – web3 Center cross-chain service protocol, cross-chain adapter and cross-chain smart contract – for seamless web3 interoperability. Hong Kong residents can easily access their digital assets, including Ethereum-based assets like Opensea, through MyLink’s exclusive “LinKey” digital wallet.

You might also like: SEC Takes a ‘New Look’ at Spot Bitcoin ETF Applications

China Mobile Hong Kong (CMHK) has worked with various industries to release more than 30 NFTs on LinkNFT, including 20 commemorative editions from the MyLink ArLink series and 15 NFTs associated with publishers and music platforms such as Migu Music. The total number of NFT issuances is expected to exceed 500,000.

MyLink’s Metaverse digital space has also been upgraded to a comprehensive 3D immersive experience, allowing Hong Kong residents to create their digital home and explore a virtual city in Hong Kong with various facilities such as shopping malls and exhibition halls. This upgrade will allow citizens to convert their meta IDs into NFTs, fostering a unique digital community within the web3 ecosystem.

Mr Tan Hui, executive director of MyLink, said the new venture will allow companies to offer new consumer rights through various NFTs, while allowing users to enjoy collection and circulation value.

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Read more: Hong Kong is considering selling green bonds using blockchain

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