China’s lockdown protest NFTs emerge, Candy Digital cuts staff and more

China’s COVID-19 protests cemented as NFTs

Nonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea.

At least two collections were created in November. The first is a Polygon-based collection called Silent Speech, featuring 135 NFTs depicting images of protesters, signage, graffiti and even social media screenshots related to the ongoing protests up for auction starting at 0.01 Ether (ETH), or just under $11.50.

A Silent Speech NFT titled “Beihang University” (translated) shows an image of multiple tealight candles within surgical masks. Candles are an often used symbol of remembrance.

Another collection titled Blank Paper Movement of 36 Ethereum-based NFTs with a floor price of 10 ETH, or nearly $11,800, features a more artistic take as the images of the protests appear to be painted.

Holding a blank sheet of paper has emerged as a symbol representing the suppression of speech in the rare and widespread protests which have flared up across China since Nov. 14, starting with residents of Guangzhou, one of China’s biggest cities, tearing down police barricades in response to COVID-19 related measures.

Demonstrators in Beijing hold blank pieces of paper in a rally against the communist government.
This idea developed during a student movement by a group of high school students in HK. pic.twitter.com/jRmnQ50Mlz

— 鄉港 (@sabaocean) November 28, 2022

The protests intensified on Nov. 24 as a fire that day in a high-rise building in the northeastern city of Urumqi killed 10 people.

Some Chinese internet users believe residents weren’t able to escape due to extreme lockdown measures, which have included authorities wiring or welding doors shut.

Candy Digital lays off 100 staff 

NFT company Candy Digital has reportedly laid off a sizeable portion of its workforce amid turbulent crypto market conditions and a massive dip in NFT trading volumes this year.

More than one-third of the company’s…

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