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China Mobile Hong Kong Launches NFT Marketplace LinkNFT to Complement Hong Kong 3D Metaverse MyLink

China Mobile Hong Kong Launches NFT Marketplace LinkNFT to Complement Hong Kong 3D Metaverse MyLink Image Credit: China Mobile Hong Kong

China Mobile Hong Kong has officially launched LinkNFT, a free marketplace for Non-Fungible Tokens (NFTs), making it the first telecommunications company in Hong Kong to introduce an NFT marketplace. This announcement comes as CMHK's all-encompassing smart living mobile application, MyLink, surpasses the milestone of 7 million users. 

Building upon the successful launch of MyLink's metaverse digital space last year, a comprehensive upgrade has been implemented to transform the space into a 3D metaverse virtual city with Hong Kong as its prototype. The upgraded platform seamlessly connects real-world commercial services, creating a 'Digital Hong Kong' that integrates the virtual and physical realms. 

LinkNFT offers enterprise-level NFT minting services for digital assets, facilitating the generation, trading, and circulation of digital assets across various domains like SocialFi, DeFi, and GameFi. Currently, LinkNFT has integrated with CMChain, utilizing the CMChain Web3.0 Center cross-chain service protocol, cross-chain adapters, and cross-chain smart contracts to ensure seamless compatibility with blockchains by the Institute of Web3.0 Hong Kong. Hong Kong citizens can effortlessly access their individual digital assets, including Ethereum-based assets like OpenSea, through the dedicated digital wallet called LinKey, provided within the MyLink platform.

Harley Tan, Executive Director, CMHK MyLink

The application of Web3.0 is undergoing a transformative phase, moving from Dapp to the convergence of virtual and physical realms. Currently, MyLink is actively expanding the implementation of Web3.0 applications, aiming to create a unified digital identity for all citizens of Hong Kong. This initiative empowers individuals to secure the value of their personal data. Through various decentralized application scenarios, we assist Hong Kong businesses in digitalizing their assets and facilitating the circulation of their data value. Collaborating with different sectors, we are building a cooperative ecosystem for Web3.0, and ultimately realizing a digitally enriched lifestyle in Hong Kong's Web3.0 era.

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Author

Andrea Y. Lavannya is the Senior Editor and Vertical Analyst - Telco and Techco, at The Fast Mode. Andrea covers global telecom markets, operator revenue strategies and emerging business areas, and heads thought leadership development in areas relating to CSPs, MNOs, MVNOs, MVNEs and cable.

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