Bilibili, a video streaming platform popular with China’s Generation Z, Thursday announced a batch of Ethereum-based non-fungible tokens (NFTs) for sale overseas.
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Bilibili said the NFTs will be a series of auto-generated characters with different features such as faces, clothes, skin tone, headwear, and items held in the characters’ hands.
CryptoNatty, an NFT marketplace, has been commissioned by Bilibili to issue the NFTs on its behalf.
Due to the crypto ban in mainland China, NFTs can only be traded in fiat currency but not cryptocurrencies.
Since 2020, Bilibili has expanded its overseas video streaming branch in Thailand and the Philippines.
Bilibili did not comment on whether the NFT relates to its bigger overseas plans.