IP0.COM -- The first Chinese Digital Art NFT Marketplace is expected to launch on March 16th, 2021, marking the official opening of the NFT market in China.
This platform is 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 will engage over ten artists in publishing artwork as a non-fungible token (NFT) at the time of IP0.COM’s operational launch. IP0.COM is supported by the best NFT professionals with top education background and rich experience in blockchain technology, aiming to provide a world-class NFT artwork transaction service and create an active NFT community culture.
NFT art has become a hot trend recently. On March 11th, 2021, 《EVERYDAYS: THE FIRST 5000 DAYS》, the digital artwork made by artist Beeple, 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.”