Best P2E Games

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

Game Review 

In a decisive move, the Chinese central government has unveiled plans to craft a strategic document aimed at guiding the evolution of China’s Web3 ecosystem. The document is set to foster the growth of Web3 technologies, including non-fungible tokens (NFTs) and decentralized applications (DApps), signaling a significant leap into the future of the digital landscape.

1. Government’s Vision for Web3 Development

The announcement, conveyed through a letter from China’s Ministry of Industry and Information Technology, highlights key areas of emphasis, including cross-chain interoperability, privacy computing, and smart contracts. This strategic initiative is a result of the government’s proposal on Web3 industry development receiving positive feedback.

Key Focus Areas

The government’s roadmap includes a commitment to strengthen technical research and supervision, with a focus on supporting research institutions in exploring cross-chain interoperability, privacy computing, and smart contracts. Blockchain security, supervision, and governance are identified as priority areas, alongside the exploration of alliance chain technology convergence and enhanced data security.

International Collaboration

Moreover, the government aims to foster international exchanges and cooperation, actively participating in global standardization activities related to Web3. This move underscores China’s ambition to increase its international influence and rule-making power in the Web3 development sphere.

2. Public Awareness and Academic Support

To enhance public understanding of Web3 technologies, the government plans to leverage science popularization platforms, promoting awareness of distributed digital identity and digital asset management. Active support for academic progress and technological achievements is also outlined to drive innovation in the Web 3.0 industry.

3. Web3 Applications Across Various Sectors

China has been actively deploying Web3 applications across various sectors, including healthcare, education, and tourism. The government’s collaboration with different departments has resulted in successful blockchain innovation pilot initiatives, yielding tangible use cases in energy, copyright protection, rule of law, and trade finance.

Standardization Efforts

The prioritization of standardization has led to the establishment of the National Blockchain and Distributed Accounting Technology Standardization Technical Committee, which has already released China’s first domestic standard, the Blockchain and Distributed Accounting Technology Reference Architecture.

Independent Alliance Chains

The exploration of emerging concepts like Web3, Metaverse, and NFTs has gained momentum in China. Independent alliance chain platforms, including Changan Chain and Ant Chain, have been established to drive technological advancements and foster partnerships in the industry.

4. RealDID: Blockchain for Identity Verification

In a parallel development, China has also unveiled plans to leverage blockchain technology for the verification of the real-name identities of its vast population of 1.4 billion people. Users can register for and log in to websites anonymously using decentralized identity (DID) addresses and private keys thanks to the RealDID initiative, which China’s Ministry of Public Security is leading in collaboration with the Blockchain-based Service Network (BSN). This innovative approach ensures the disconnection of personal information from business data and transactions.

5. Conclusion: A Multifaceted Approach to Web3 Development

China’s multifaceted approach to Web3 development signifies a robust commitment to technological advancement, innovation, and global leadership in the rapidly evolving digital landscape.

FAQ Section

Q1: What is the key focus of China’s Web3 strategy?

A1: China’s Web3 strategy focuses on fostering the growth of technologies such as NFTs and DApps, with an emphasis on cross-chain interoperability, privacy computing, and smart contracts.

Q2: How is the government promoting public awareness of Web3 technologies?

A2: The government plans to use science popularization platforms to promote awareness of distributed digital identity and digital asset management.

Q3: What sectors has China deployed Web3 applications in?

A3: China has deployed Web3 applications in various sectors, including healthcare, education, and tourism.

Q4: What is RealDID, and how does it leverage blockchain technology?

A4: RealDID is an initiative for the verification of real-name identities, spearheaded by China’s Ministry of Public Security. It enables users to register and log in to websites anonymously using decentralized identity (DID) addresses and private keys.

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps
China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

Stay tuned for further updates on China’s Web3 development by following our website. Engage with us on social media to join the conversation and share your thoughts on the future of Web3 in China.

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

If you like this game, share it with your friends:


Find our Best P2E Games list. All games are included with reviews and links to the game review page. Have Fun!

More Games

Related P2E Games: Play To Earn Crypto, NFT, Web3

The Legacy NFT – Game Review

The Legacy NFT game by Peter Molyneux, a veteran game developer, provides this opportunity to its members in a virtual real estate world where players can own tracts of land. The Legacy game is based on the Ethereum blockchain technology. This comes under the banner of Gala Games, a blockchain gaming company. The Legacy game is based on the Ethereum blockchain technology. This comes under the banner of Gala Games, a blockchain gaming company.

Read Game Review »

Domi Online – Game Review

Domi Online is an MMORPG, Play-to-Earn, PvP and Multiplayer game, set in a medieval fantasy world where there is no level or skill cap, with death having severe consequences. In Domi Online MMORPG game, hardcore players may actually dominate in a vast open world because of their power, which can only be attained by spending time grinding enemies or completing quests. You must think ahead, plot, and plan for each major hunt you undertake because mana regenerates slowly. 

Read Game Review »

Phantom Galaxies: NFT Space Simulation – Game Review

Phantom Galaxies is a thrilling blockchain NFT space simulation game that offers players multiple opportunities to earn rewards. Explore the vast reaches of the galaxy and discover all that the game has to offer. Experience a thrilling new world with Phantom Galaxies, an NFT game that takes you on a journey of exploration and adventure. Test your skills as you battle enemies and uncover ancient secrets in this fast-paced and exciting game. Phantom Galaxies combines exploration, gathering resources, and fighting to make a game that is both unique and fun. The goal is to get powerful artifacts from ancient worlds so that your characters and weapons can be made better. When two players meet in-game, combat starts. To win, you need strategy and careful planning. As you move through the galaxies, you can find artifacts, fight enemies, and find out more about the game’s story. The story of Phantom Galaxies starts with an attack on Planet Neoterra by a group of aliens called the Sha’Kari. The Sha’Kari are priests of the Sha’Har race who want to get even with humans for how they’ve treated their planet. Players must defend Neoterra and fight back against the Sha’Kari to protect their home. Phantom Galaxies NFT Game is a fun and unique game that lets players enter a new universe full of mystery, excitement, and adventure. With NFTs, players can collect unique digital assets that can be traded or sold on the blockchain. This makes the game more immersive and interesting. Phantom Galaxies NFT Game is a game that every NFT fan should try because of its active and involved community, regular updates and changes, and unique gameplay. So, what exactly are you waiting for? Join the community of the Phantom Galaxies NFT Game today and get ready for an epic journey through the stars!

Read Game Review »

Apex Kings NFT Racing – Game Review

Apex Kings NFT Racing is much more than what meets the eye. Apex Kings NFT Racing is a car collecting game that allows players to own and trade virtual racing cars in the form of NFTs. The game is built on blockchain technology, which ensures the authenticity and uniqueness of each NFT car. Apex Kings NFT Racing Review: Kings NFT Racing features authentic cars from real brands, making it an exciting opportunity for car enthusiasts to collect their favorite cars in a digital format. The number of NFT cars available in the game is limited and equivalent to the number of real cars manufactured, giving each NFT car rarity and value. The game’s goal is to build a collection of the rarest and most valuable NFT racing cars to achieve supremacy in the game. The game’s immersive experience and the ability to trade virtual cars for crypto add to the excitement of playing Apex Kings NFT Racing. Players can build their collections by purchasing virtual racing cars, trading with other players, and winning races with their NFT cars. Apex Kings NFT Racing is a thrilling racing game that combines the excitement of racing cars with the unique features of NFT technology. The game has a finite number of cars and developers say they match the real-world number of productions. So, users can find absolute bargains at times, and when the demand grows they can sell or trade those rare vehicles for crypto if they want to earn. For example, in The Aston Martin One-77, only 77 were made in real life and it will be a similar case in the game. Moreover, the developers have a background in both games and cars. They have joined hands with real-life companies and try to get car features as accurate as possible. This is a must-play game for any car fan. Race, collect, and sell cars all in one place. Moreover, the graphics and game engines are very advanced for NFT games and this only shows us the future potential for NFT-based games.

Read Game Review »

Best P2E Games list 2024

China Releases Comprehensive Strategy for Web3 Development, Embracing NFTs and DApps

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.