China’s fast food giant McDonald’s released a set of 188 non-corrosive tokens (NFT) on October 8th to mark its 31st. Under the brand name “Big Mac Rubik’s Cube”, the NFTs will be given out to employees and consumers as part of the giveaway.
The NFT Big Mac Rubik’s Cube is based on the three-dimensional structure of the new McDonald’s China office headquarters, which was inaugurated with the introduction of the NFT.
The NFTs are based on Confluux’s public blockchain and were created in collaboration with Cocafe, a digital asset creation agency – to ensure that “every work is unique, indivisible, and indivisible. Forgery ”.
– Official of the Conflux Network (@Conflux_Network) October 8, 2021
It should also be noted that the majority of the shares in McDonald’s China are owned by the CITIC Group, a state-owned investment company of the People’s Republic of China.
McDonald’s China did not immediately respond to Cointelegraph’s request for comment.
Related: Bitmain stops shipping Antminer crypto mining rig to China
McDonald’s China’s move to introduce NFT appears to contradict the authorities’ intention to ban all crypto activities entirely. More recently, the ban forced Bitmain, a manufacturer of cryptocurrency mining equipment, to stop shipping Antminer mining equipment to China.
Huobi, a cryptocurrency exchange from China, has stopped registering new customers after the Chinese ban and will close all stores until the end of the year. Despite China’s opposition, the global crypto ecosystem continues to grow steadily. A report from Cointelegraph shows that Bitcoin (BTC) mining difficulties have fully recovered after Chinese miners moved to safer jurisdictions.