NFTs protect Shanghai’s Covid-19 lockdown record from censorship in China

After dabbling in the market since late last year, he began minting them into NFTs and has now sold nine of his works for an average price of 0.1 ether (US$290).

His works incorporate images depicting PCR testing and citizens’ pleas for government food.

“I chose the Mao-era propaganda style for these pieces because some people are saying the lockdown situation is taking Shanghai backwards,” Fong said.

While China has prohibited cryptocurrency trading, the country regards blockchain as a promising technology, and NFTs have gained support in the country, being embraced by state media outlets and even tech businesses.

The lengthy lockdown in Shanghai, China’s financial metropolis, is part of Beijing’s divisive zero-Covid plan, which poses mounting hazards to the country’s economy.

The Covid-19 epidemic in Shanghai, which began in March, is China’s deadliest since the pandemic’s early months in 2020. Hundreds of thousands of people have become infected in the metropolis.