Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

When NFTs are called “digital collectibles” in China, a new hype is taking shape. At present, this domestic hype and evil wind has an intensifying momentum.

The hype of digital collectibles is no less than virtual currency!

It is forbidden to speculate on virtual currencies in China. Those speculators who have come to get rich in large numbers are targeting the NFT market and the Metaverse market, which are on the edge of supervision. Because of the fast money, they can also trade in RMB.

For example, the original price of Dunhuang Feitian NFT payment code skin, which was quickly taken off the shelves after the hype of Xianyu, was only 9.9 yuan, but it was continuously hyped up. The original price of 39.9 yuan for the Asian Games “Digital Torch” digital collectibles was also violently fired to 1 million yuan!

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

For example, in the second-hand market on the UMX platform, 100 NFT products with the original price of 36 yuan “Extreme Sketch “Cameroon Black” were issued. It is as high as 6666 yuan.

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

Another example is the “Unique Art NFT” applet that was banned by Tencent last month. A set of digital collections called “Rudolph and Friends” were sold in blind boxes. Within 2 hours of the release day, the official original price was only 29.9 The picture of Yuan was directly fired up by more than 300 times, and someone sold it at the price of 10,999 yuan!

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

The cost price of tens of yuan can be re-sold to millions of yuan, which is really endless speculation! What is even more terrifying is that scalpers, snap-up robots, etc. have entered the market one after another, adding fire to this hype!

Although Alipay, WeChat and other big companies have strict conditions for the transfer of NFT works, in the eyes of speculators, they think that grabbing is earning, and one day they will open up transactions and become rich just around the corner. It seems that the shoe-grabbing army has also joined the battle of grabbing NFT works. This also just explains why the big factories launch so many digital collections every day, but they are basically sold out in seconds, and many people don’t even have a chance to grab it!

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

The hype is endless, the price of digital collections is almost out of control, and NFT has been turned into a pure profit tool by a group of speculators around us. Therefore, in recent days, Alipay, WeChat and other platforms have begun to take the initiative to crack down on violations and hype.

Alipay’s digital collection platform WhaleTalk has recently updated a version of the user agreement, and its annex, the “Punishment Rules for Violating Users”, has increased the penalties, clarifying that “organizing the over-the-counter transaction of digital collections and constituting a crime” and “using plug-ins to snap up digital collections and constitute a crime”. “Criminal” illegal users, Whale Scout said that in addition to permanent bans, they will also report to the police and hand them over to judicial authorities.

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

On the other hand, WeChat mini-programs have also begun to remove some digital collection platforms. WeChat mini-programs such as the digital collection platform Xihu No. 1, Dongyi Yuandian, and Unique Art NFT have all been banned.

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

Hype prevails, please be aware of the risks!

Fraud is soaring behind the popularity of NFTs. PrivacyHQ surveyed more than 1,000 individuals who actively invest and own NFTs in the United States. The results show that 90% of people have been scammed by NFT projects. Therefore, don’t touch it if you don’t understand it, otherwise the probability of being deceived is very high, and even the cost is huge.

Earn 10000+ blood in 2 hours, WeChat and Alipay take action to control the chaos of NFT speculation

Whether it’s NFTs on foreign platforms or domestic digital collectibles, take it with care! Most of the games are essentially a game of drumming and passing flowers. Don’t think that you will run faster than others. In fact, you will be the most likely to be tricked. And in the end, once no one can take the order, the value will return to 0.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/earn-10000-blood-in-2-hours-wechat-and-alipay-take-action-to-control-the-chaos-of-nft-speculation/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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