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Alibaba’s SCMP follows TIME Magazine, Launches ARTIFACTs NFTs to Tokenize Media Assets

Despite the regulatory crackdown, Chinese e-commerce giant Alibaba is making a move into the NFT market. Alibaba-owned most popular English newspaper in Hong Kong – South China Morning Post (SMCP) – will issue its own NFTs tokenizing its media assets. Dubbed as ARTIFACTs, these NFTs will represent meaningful moments and objects from SCMP’s historical news

Despite the regulatory crackdown, Chinese e-commerce giant Alibaba is making a move into the NFT market. Alibaba-owned most popular English newspaper in Hong Kong – South China Morning Post (SMCP) – will issue its own NFTs tokenizing its media assets. Dubbed as ARTIFACTs, these NFTs will represent meaningful moments and objects from SCMP’s historical news