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Maker-Taobao 2021 Summit Features NFT Collections

Taobao-Maker-NFT-Festival

The Maker (MKR) network and Taobao, an online shopping platform owned by Alibaba, continue to hold its yearly festival that started in 2016. This annual summit brings together top creators and innovators from the Taobao community. Interestingly, this year, the festival presented the NFT series collection of Huang He Shan, a known Chinese artist.

Furthermore, Huang He Shan partnered with NEAR protocol and Web3Games to provide software solutions for the NFT sale at the exhibition. These solutions also enable users of the Taobao platform to purchase and claim NFTs easily.

These made Huang He Shan react:

I’m psyched to work with NEAR Protocol and Web3Games.

He added that NEAR provides a friendlier way to interact with NFTs compared to other blockchain networks. “If I were to issue the NFTs on legacy blockchain platforms, it would cost me even a few hundred US dollars sometimes to issue each NFT, whereas on NEAR, an environmentally-friendly blockchain platform, minting an NFT could cost below 1 cent,” he said.

Taobao Maker Festival 2021 will run from July 17 to 25 at Shanghai’s National Exhibition and Convention Centre in China. Today, both Maker and NEAR crypto rank within the top 100 crypto assets in CoinGecko.

A dedicated market analyst focused on the highs and lows of the cryptocurrency market. With a background in Business Administration, he tries to unfold his financial perspective to global readers.