Tuesday, October 4, 2022
HomeNFTOKX and South China Morning Post join hands for entering NFT space

OKX and South China Morning Post join hands for entering NFT space

Cryptocurrency exchange OKX has announced a collaboration with the South China Morning Post, a Hong Kong-based newspaper controlled by Jack Ma, to develop non-fungible tokens (NFTs). The NFTs will feature postings, video clips, and historical archives gathered over the course of the organization’s 118-year history.

OKX CEO Jay Hao believes in the crypto and metaverse’s potential and sees the collaboration with the South China Morning Post (SCMP) as a watershed moment. The South China Morning Post is looking forward to recognising the impact of the Asian financial crisis in 1997. The journal plans to cover current events such as the handover of Hong Kong from British to Chinese authority, the Asian Financial Crisis, Deng Xiaoping’s and Princess Diana’s deaths, the Avian Flu pandemic, and more.

By providing extremely engaging platforms for users, OKX’s belief has helped it expand immensely in the metaverse and NFT space. OKX recently invested in GamePad, a crypto gaming accelerator that aims to advance metaverse businesses.

Furthermore, OKX’s first foray into the world of sport and entertainment, a relationship with Manchester City Football Club, marks another step toward the company’s objectives.

Are you excited about this NFT? Comment below.

Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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