According to China's current national policies, laws and regulations, the safest way to establish NFT trading market is through licensed operation. NFT trading market or exchange needs to hold similar financial license, and then it can be traded by pawn
Whether China has a compliant second-hand NFT trading place depends on the nature of NFT by regulators. If NFT is regarded as a special virtual commodity with financial attributes, second-hand transactions need to obtain a national financial license. If NFT is only regarded as an ordinary virtual commodity and has no financial attribute, its second-hand transaction may be allowed
NFT casting and distribution can be divided into PGC and UGC. The biggest difference between the two methods lies in the professionalism of the creator. PGC's main profit model is sales share and earning price difference. UGC's profit model is dominated by handling fees, followed by the price difference of gas fees
NFT casting and distribution can be divided into PGC and UGC. The biggest difference between the two methods lies in the professionalism of the creator. PGC's main profit model is sales share and earning price difference. UGC's profit model is dominated by handling fees, followed by the price difference of gas fees. In the future, NFT created in PGC mode will gradually increase and is expected to become the main force
In the future, traditional consumer enterprises will enter the NFT market. Meanwhile, blockchain games and metauniverse will drive the expansion of NFT industry in the future. China will gradually establish and improve NFT related trading rules and gradually open the NFT secondary trading market
In China, due to the lack of qualitative attributes of NFT and the lack of supervision and constraints of relevant departments and documents, the development of NFT industry in China is relatively slow and the liquidity is poor. With the development of blockchain technology and the continuous expansion of NFT market scale, China will gradually formulate and improve relevant documents to assist the development of NFT industry in China. At the same time, under the guidance of the government, the NFT industry is expected to gradually open the secondary market
