BTC
$82,651.85
+
8.49%
ETH
$1,664.48
+
13.06%
USDT
$0.9997
+
0.06%
XRP
$2.0551
+
14.45%
BNB
$582.25
+
5.32%
SOL
$118.95
+
13.20%
USDC
$0.9999
-
0.01%
DOGE
$0.1607
+
13.28%
ADA
$0.6326
+
13.60%
TRX
$0.2388
+
3.44%
LEO
$9.3815
+
4.27%
LINK
$12.66
+
16.02%
TON
$3.1598
+
6.07%
AVAX
$18.45
+
14.38%
XLM
$0.2425
+
9.63%
SUI
$2.2240
+
15.61%
HBAR
$0.1686
+
15.57%
SHIB
$0.0₄1195
+
12.42%
OM
$6.8147
+
9.71%
BCH
$303.53
+
12.95%
Sign Up
Select Language
English enItaliano itPortuguês pt-brFrançais frEspañol esУкраїнська ukРусский ruFilipino fil
Logo
Finance
Share this article

South China Morning Post Releases White Paper for NFT Standard Built on Flow Blockchain

The 118-year-old newspaper has launched its own inaugural NFT collection using the new Artifact standard.

By Tanzeel Akhtar
Updated May 11, 2023, 7:03 p.m. Published Nov 22, 2021, 10:00 p.m.
A copy of the South China Morning Post (SCMP) newspaper is arranged at a newsstand in Hong Kong, China, on Tuesday, March 16, 2021. The Chinese government wants Alibaba Group Holding Ltd. to sell some of its media assets, including the South China Morning Post, because of growing concerns about the technology giants influence over public opinion in the country, according to a person familiar with the matter. Photographer: Lam Yik/Bloomberg via Getty Images
A copy of the South China Morning Post (SCMP) newspaper is arranged at a newsstand in Hong Kong, China, on Tuesday, March 16, 2021. The Chinese government wants Alibaba Group Holding Ltd. to sell some of its media assets, including the South China Morning Post, because of growing concerns about the technology giants influence over public opinion in the country, according to a person familiar with the matter. Photographer: Lam Yik/Bloomberg via Getty Images

The South China Morning Post (SCMP) has released a white paper detailing its new non-fungible token (NFT) metadata standard called Artifact. The standard will be used to mint historical NFTs, including the SCMP’s own inaugural NFT collection.

  • The SCMP said that Artifact’s metadata structure will be built on the Flow blockchain created by Dapper Labs, the makers of the popular NBA Top Shot video NFTs.
  • The Artifact white paper outlines a proposed governance structure as well as the development of a dedicated marketplace for the sale of historical NFTs.
  • The SCMP, which was bought by Chinese tech giant Alibaba in 2016, first announced its plans to develop Artifact back in July.
  • “Through our Artifact white paper, we look forward to inspiring other ‘guardians of history’ to share our vision of making history more discoverable, connected, and collectable,” said Gary Liu, SCMP’s CEO, in a statement.
  • “We’re proud for SCMP to launch this visionary project that reanimates meaningful historical moments and we’re excited they have chosen Flow to be the foundation of Artifact’s launch protocol,” said Mickey Maher, SVP, Partnerships, Dapper Labs.

NFTsFlowNewspapers
Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.

X icon
Tanzeel Akhtar