Tencent is at the forefront of exploring NFT avatars for user profiles and plans to release a collection coupled with a virtual musical space.

As the foremost internet company in China, Tencent is trying out NFT avatars for user profiles, alongside launching a virtual room called Music Zone on its QQ music platform. Despite the prohibition of cryptocurrency trading in the country, both the government and this major tech player seem to have confidence in the promising future of NFTs.

The NFTs designed as profile pictures are imaginative characters created on Tencent's Zhixin Chain blockchain, taking inspiration from the famed sartoshi collection — a well-received assortment in China featuring over 10,000 stick figure NFTs. The introduction of 40,000 NFTs is scheduled for Wednesday, July 6, with each profile picture priced around $0.13. Starting Monday, Android users had the chance to test the NFT profile picture feature ahead of the official drop on Wednesday. These collectibles were also trialed on Tencent's QQ music application. Mfers QQ Music stands out as one of Tencent's popular music streaming platforms, operating on a freemium model. Last year, it was recognized as the second most popular music app in China, boasting 275 million active users every month. Tencent has also started piloting a unique virtual music room, allowing users to mingle with friends while enjoying music together.

Recently, major tech players in China, including Tencent, Ant Group, and Alibaba, have aligned through an industry initiative aimed at banning cryptocurrencies. This self-regulatory agreement insists on verifying the identities of NFT buyers and aims to eliminate secondary marketplaces for NFTs.

According to the China Cultural Industry Association, 'Unlike many international platforms that treat NFT technology as financial instruments, domestic digital collections are largely viewed as a form of digital cultural creativity.' joined While the agreement does not have legal power, it makes no reference to the resale of NFTs. Consequently, nearly all major Chinese tech companies have initiated their own digital collectible marketplaces, operating on internal blockchains that only accept payments in the national currency, yuan, and restrict secondary trading.

Mark Zuckerberg has confirmed that NFTs will soon be introduced on Instagram within a few months. stated . 

Researchers are working on making the metaverse even more immersive by incorporating mouth haptics for virtual reality experiences.

Read related posts:

• It's essential to acknowledge that the information found on this page is not intended as legal, tax, investment, or any other form of advice. Always invest only what you can afford to lose, and consider seeking independent financial guidance if you're uncertain. For more details, it’s advisable to check the terms and conditions provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and impartial news, but market dynamics can shift unexpectedly.
• Agne is a journalist focusing on the latest happenings in the metaverse, AI, and Web3 sectors for Metaverse Post. Her enthusiasm for storytelling drives her to engage in many interviews with specialists in these domains, constantly on the lookout for fascinating narratives. Agne holds a Bachelor’s degree in literature and has a rich history of writing on a diverse array of subjects, including travel, art, and culture. Additionally, she has volunteered as an editor for an animal rights organization, helping to raise awareness about animal welfare issues. You can reach her at
• The NoMo SoHo adds NFTs