IP0.COM: First Chinese Digital Art NFT Marketplace Debuts – A Milestone in Opening Up the Chinese NFT Market

IP0.COM is the first Chinese digital art NFT marketplace, launched by Mr. Wu Bo, founder of Lashou, on 16th March 2021. The platform is supported by the best NFT professionals and the most famous artists, aiming to create a world-class NFT artwork marketplace and community. End Quote

(1888PressRelease) March 20, 2021 - IP0.COM -- The first Chinese digital art NFT Marketplace was launched on March 16th, 2021, marking the official opening of the NFT market in China.

This platform was founded by Mr. Wu Bo, who is likewise known as the founder of Lashou, one of the pioneer group-buying websites worldwide. According to Mr. Wu, the website has engaged over ten artists in publishing their artwork as a non-fungible token (NFT) at the time of IP0.COM’s operational launch. IP0.COM is also supported by the best NFT professionals with top education background and rich experience in blockchain technology. The team is aimed to provide a world-class NFT artwork transaction service, create an active NFT community culture and explore possible application scenes in NFT.

NFT art has become a hot trend in recent days. On March 11th, 2021, 《Everydays: The First 5000 Days》, the digital artwork made by artist Beeple (Mike Winkelmann), was sold in an online auction for $69.3 million with fees, setting the record price for digital artwork. This result was the third-highest auction price achieved for a living artist, after Jeff Koons and David Hockney.

Some NFT arts worth millions are primarily due to their uniqueness and exclusive ownership. In the current market, the application of NFT is not only in art but also in areas such as NBA top shot, digital music, digital planet, and games. As reported by Rolling Stone, a keen observer in the field of digital music, “Music NFTs have gone mainstream.”

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