Digital properties cash in on metaverse wave in China

Digital homes at Alibaba’s Taobao Maker Festival (left) and a catalogue of different types of homes on Honnverse. PHOTOS: XIAOHONGSHU
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BEIJING - Investors are snapping up digital property in China which typically are non-fungible tokens (NFTs) in games.

NFTs are unique digital assets that can be verified on blockchain technology, and come in all sorts of forms, including artwork, digital homes or in-game items.

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