The ‘LinkNFT’ NFT marketplace has officially been launched by China Mobile Hong Kong

Telecommunications company China Mobile Hong Kong (CMHK) has launched a complimentary NFT platform named ‘LinkNFT’. This marketplace focuses on offering enterprise-grade NFT minting solutions specifically designed for digital assets. It streamlines the creation, trading, and distribution of digital assets across several sectors, including SocialFi, DeFi, and GameFi, among others. LinkNFT LinkNFT is currently integrated with CMChain, functioning seamlessly with Web3 standards. Utilizing a sophisticated three-in-one cross-chain protocol, this service includes a cross-chain smart contract, adapter, and the center for cross-chain capabilities.

Users can manage their on-chain digital assets, which include Ethereum-tied assets like those found on Opensea, using the MyLink digital wallet dubbed ‘LinKey.’

Hong Kong China Mobile Hong Kong also revealed more than 30 unique NFT series on the ‘LinkNFT’ platform, which comprises 20 commemorative NFTs from the MyLink ArLink series and another 15 NFTs associated with United Publishing House and Migu Music. The projected circulation for these NFTs is expected to exceed 500,000.

The NFT Market Experiences a Significant Increase in Transactions

Recent insights from DappRadar indicate a notable shift in how investors engage with NFTs, as there has been a 114% increase in average transaction values, climbing from $126 to $270 over the past month. This suggests a correlation with the overall crypto market, reflecting similar investment trends and growing interest.

In recent times, the NFT sector In a noteworthy move, the South Korean telecommunications giant LINE has allocated $140 million to enhance its NFT sector, specifically focusing on its LINE NEXT Web3 ecosystem and associated initiatives. These funds are set to be utilized for the global launch of its NFT platform, DOSI, with a mobile app set to debut in January of next year.

As interest in the NFT sector continues to surge, an increasing number of companies are recognizing the immense potential and value that the NFT landscape presents. This trend is paving the way for a wider array of businesses to delve into and capitalize on opportunities in this thriving market. raised Please keep in mind that the information available on this page does not constitute legal, financial, tax, or any form of advice whatsoever. Always invest within your financial capacity and seek independent financial counsel if uncertain. For further details, we encourage consulting the provided terms and conditions, as well as the support pages offered by the specific issuer or advertiser. MetaversePost is dedicated to delivering precise and impartial news, although market circumstances may shift without prior warning.

Alisa, a passionate journalist at Cryptocurrencylistings, has a niche in cryptocurrency, zero-knowledge proofs, investments, and the vast world of Web3. With her insightful perspective on emerging trends and innovations, she provides thorough coverage to engage and inform readers in the dynamic landscape of digital finance.