December 1, 2022
By Sharan Kaur Phillora
Baidu Japan Inc, the sub sidiary of China’s largest search engine, has released CryptoSimeji, which uses the Japanese keyboard app Simeji’s popular mushroom logo as the IP prototype, combined with kaomoji culture, to create the world’s first kaomoji avatar NFT project.
Here’s what we know:
Officially launched in August 2022, all 10,000 of the project’s NFTs sold out within hours – resulting in a transaction volume of more than $1.1 million, an increase of 166.68%. CryptoSimeji has made a big impact on both Japan’s and overseas countries’ NFT communities.
The CryptoSimeji website is available in English, Japanese, and Chinese and on Discord. CryptoSimeji’s six influencers are all Japanese.
“While a new innovation, NFTs are transforming the way individuals invest and share assets, and we are thrilled to be a part of this growing venture as our brand expands beyond the traditional internet to Web 3.0,” said Wisery, Head of CryptoSimeji project. “We aim to simplify the world with technology, and the launch of CryptoSimeji further highlights our continued, dedicated efforts to do just this.”
Baidu has been involved with the blockchain more broadly for several years, starting with a solution for copyright protection and including judicial arbitration and health solutions.
It launched a blockchain-as-a-service offering initially based on its own XuperChain and followed that with a low-cost blockchain hosting solution for small businesses.
About the author
Sharan Kaur Phillora’s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology – two emerging technologies that will change how we interact with each other in the future. When she isn’t exploring a new idea or concept, she enjoys reading literary masterpieces.