Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
According to prosecutors, marketing models such as rewards and dynamic rights and interests can quickly evolve into illegal pyramid schemes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to prosecutors, marketing models such as rewards and dynamic rights and interests can quickly evolve into illegal pyramid schemes.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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