Metaverse: Alibaba withdraws announcement of NFT solution

No nft on alibabaAlibaba cloud It takes one step forward, then two steps back, regarding the new NFT product. It first announces its launch. Then he tries to forget about it. The Official information Already on his new show fade away.

Alibaba Cloud Launches NFT Solution… That Disappears

Alibaba’s cloud division announced in a tweet on June 8, 2022, NFT solution launch.

Alibaba Cloud customers can use this new product to build their offer of non-fungible tokens. The offer includes infrastructure Web Hosting, Digital Marketing & Content Delivery “.

This news should usually delight the crypto ecosystem. Ali Baba Cloud, however, seeded Doubt The actual launch of his NFT dissolution by deleting his tweet.

Moreover, the Official information on this new product rare Online. Even Alibaba Cloud does not have a press release about it.

Google is still indexing the link to the new product page. This link, however, redirects to the “Alibaba Cloud Best Practices for Financial Services” page.

>> A platform really committed to coding? Join FTX (Referral Link) <

Ali Baba’s Cloud Retreat: Mystery and Assumptions

Did Alibaba Cloud Finally Do reflect Regarding the launch NFT . solution ? In the absence of an official press release, the answers given are only simple Hypotheses.

Perhaps Alibaba Cloud decided to do it Postpone the launch From NFT resolved for technical reasons. camouflage on file Chinese regulations On NFTs he was also able to catalyze this decision.

China has not yet taken a firm stance on this sector. The state may also ban them from NFTs, or they strict supervision. For example, the use of government infrastructure could become mandatory for NFT projects in China.

Pending clear NFT regulations, uncertainty is a major concern for China’s tech giants. This fear has already prompted WeChat to Delete accounts from NFT platforms Major as Xihu No. 1. The Dongyiyuandian platform also bore the brunt of these precautionary measures.

Will Alibaba Cloud provide an official explanation for the removal of information related to the NFT solution? This puzzle reminds us that China can certainly take full advantage of the emergence of Web 3. However, the country can shoot itself in the absence of clear and favorable regulations for the sector.

No NFT on Alibaba? Surely China is very opaque regarding the cryptocurrency industry, and you? Is it yes or no? if that’s how it is, Register without delay in the standard exchange platform FTX. You benefit from a lifetime discount on your trading fees (affiliate link, see terms on the official website).

Leave a Comment