Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

SCMP releases NFTs featuring news archives from 1997

SCMP releases NFTs featuring news archives from 1997

The series contains the Post’s coverage of 1997’s momentous events, including the handover, the Asian financial crisis and Avian flu outbreak.

The South China Morning Post, a news organisation founded in Hong Kong in 1903, is releasing its first collection of non-fungible tokens (NFT), featuring newspaper archives from 1997, one of the most consequential years in the city’s history.

The collection, named “1997 Premium Series’, is part of the newspaper’s NFT project ARTIFACTs, which aims to be a destination for historical NFTs. The series contains the Post’s coverage of 1997’s momentous events, including the handover ceremony of Hong Kong from British to Chinese rule, the Asian financial crisis, the Avian flu outbreak, and the deaths of Princess Diana and Deng Xiaoping, the late Chinese leader regarded as the “father” of the reforms that opened up China to the rest of the world.

Sales of the series will kick off at 9pm on Monday on ARTIFACT’s official website, where 1,300 “mystery boxes” will be available for purchase, each box containing five random NFTs.

“SCMP has witnessed many pivotal moments in history as Hong Kong’s newspaper of record, and the launch of the ‘1997 Premium Series’ holds major significance as the city marks its 25th anniversary of the handover this year,” said SCMP chief executive officer Gary Liu.

Chief Executive Officer at South China Morning Post, Gary Liu speaks at the RISE tech conference 2019 at the Hong Kong Convention and Exhibition Centre in Wan Chai.


NFTs are units of data stored on a blockchain that represents the uniqueness and ownership of digital assets. They exploded into mainstream consciousness last year, as people spent millions of dollars snapping up cartoon avatars and digital artworks. Recently, global NFT prices have steadily retreated amid concerns about an easing of pandemic era stimulus and rising geopolitical tensions, but adoption of the digital assets are still growing.

The Post is among a growing number of news organisations around the world that have experimented with the technology, including CNN, Associated Press and The New York Times. In mainland China, state-run Xinhua News Agency also released a collection of its news photos as NFTs.

The Post’s ARTIFACT project, which includes a blockchain metadata standard for historical and archival NFTs, was first launched in July. The project aims to bring together all “guardians of history”, including media publishers, museums, academic institutions, think tanks, cultural organisations, art galleries, auction houses, archivists and governments, to tokenise their assets with the ARTIFACT standard.

It will allow people to “discover, collect, showcase, trade, and reanimate meaningful moments and objects from our collective human experience”, Liu said at the time.

The Post’s NFT collection is built on Flow, a blockchain built by Dapper Labs, the creator of popular NFT series NBA Top Shot. Each “mystery box” is priced at 97 FUSD, a USD-backed stablecoin issued as a fungible token on the Flow network.

Last week, the Post also launched a game on metaverse platform The Sandbox, featuring Hong Kong’s iconic Star Ferry Pier. Star Ferry, one of Hong Kong’s oldest forms of transport, began operations in 1888.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Britain's Online Safety Law Sparks Outcry Over Privacy, Free Speech, and Mass Surveillance
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
German Finance Minister Criticizes Trump’s Attacks on Institutions
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Parents Abandon Child at Barcelona Airport Over Passport Issue
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
China Enforces Comprehensive Ban on Cryptocurrency Activities
Grok 4 Video plus Voice, can identify wildlife!
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
The UK Does Not Have a ‘Far-Right’ Problem
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
JD Vance Warns Europe Faces “Civilizational Suicide” Over Open Borders and Speech Limits
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
×