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Tencent Music’s Subsidiary Tests NFT and Virtual Space in App

QQ music app users can invite other users or friends in virtual space as a guest to listen to music together.

Written By Rajpalsinh
Published July 5, 2022 6:28 AM
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Tencent Music’s Subsidiary Tests NFT and Virtual Space In App

The multinational conglomerate company, Tencent Music revealed the testing of non-fungible token (NFT) profile picture (PFP) avatars and the “virtual room” music zone on its QQ Music app. 

QQ Music is the subsidiary of Tencent Music.

According to the announcement,  2D cartoon characters linked to Tencent’s blockchain, Zhixin Chain, will be implied as NFT PFP avatars.

Apart from this, the QQ app will also launch a virtual space called “Music Zone”. Users will be able to hang out with other users or they can invite their friends to enjoy music at once.

Also Read: China’s Xpeng Sells Digital Collectibles on Alibaba’s Jingtan

In the official blog post, the QQ Music app stated that Android users could access the function and the virtual room from Monday. Meanwhile, the official launch has been scheduled for Wednesday morning.

Each PFP avatar’s price will be 0.88 Yuan or $0.13 and it will be limited to 40,000 versions.

Currently, the QQ Music app has more than 275 million monthly active users in 2021, which places this app as the second most favorite app in China.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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