Beijing Launches Two-Year Metaverse Development Plan

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Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the “Beijing Web 3.0 Innovation and Development White Paper (2023)” at the parallel forum of the Zhongguancun Forum titled “Web 3.0: Future Development of the Internet Industry.” The release of the White Paper aims … Continue reading Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum

NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law

Hainan Chain Box Technology Co., Ltd, a company associated with the popular Chinese NFT (digital collectible) platform iBox.art, has recently faced a penalty of 400,000 RMB for violating China’s Anti-Unfair Competition Law. The law aims to ensure fairness in business promotions, stating that the maximum value of a top prize in a lottery-style sales event should … Continue reading NFT Platform iBox Fined 400,000 RMB for Violating China's Anti-Unfair Competition Law

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