Shulou(Shulou.com)11/24 Report--

CTOnews.com September 19 news, August 16, Tencent's NFT trading software Magic issued a "withdrawal" announcement, while Tencent Music Entertainment Group Group's TME digital collection is also in a state of "shutdown".

According to Chinanews.com, updates to the TME digital collection were stopped after June 30, and the regular entrance to the TME digital collection has "disappeared" since August this year, and many netizens in QQ Music's community have posted posts demanding that the TME digital collection be refunded to users like a magic core. In response to this, the relevant person in charge of Tencent Music said that at present, the internal logarithmic Tibetan plate is still under evaluation and planning, and specific actions will be communicated with reporters again in the follow-up. "however, we (the company) will certainly properly deal with the problems of users."

CTOnews.com learned that TME digital collection is a digital collection platform launched by Tencent Music in August last year. Since its launch, TME has joined hands with Tengger, Hu Yanbin, Zhang Chu and Luo Dayou to create a number of digital collections. Like the Magic Core, the TME digital collection also has strict restrictions on the transfer of the collection. Magic Core does not support any transfer of digital collections, while TME digital collections require users to hold them for 365 days before they can be transferred.

The digital collection originates from the foreign concept of NFT. The full name of NFT is Non Fungible Token, which is not homogeneous currency. Its essence is the data unit on the digital ledger of the blockchain, and each token can represent a unique digital data. Because of its uniqueness, NFT can be used to mark digital assets. It is worth mentioning that due to the prohibition of virtual currency speculation in China, the digital collection shields the financial attributes of NFT, uses alliance chain technical support, and restricts secondary trading.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.