Investors snapping up digital homes in games
The global metaverse hype has hit China in a big way. Tech companies are rolling out wildly popular digital worlds, virtual idols and real estate built on blockchain technology. China Correspondent Aw Cheng Wei reports.
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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.
