Observation of the Tibetan series: After the secondary market is chaotic, it becomes new leeks?

China Net Finance August 19 (Reporter Enron Zhu Ling) Since the rise of NFT overseas, the wind of digital collection trading has also quickly swept across the country. As the industry has not had a unified and clear supervision, the speculation of speculation is strong, the violations of consumer rights, the capital pool, and the quality of the trading platform have been questioned.

China Network Finance reporters have noticed that the virtual fire of the digital collection market is gradually returning to calm, but questioning some of the "secondary markets" platform "pulling", "mouse warehouse", and "car warehouse", etc. Fortunately.

The industry generally believes that it is necessary to restrict the hype of the digital collection trading platform and the tendency of securitization to ensure the security and controlling the digital collection market. As a derivative of fintech, digital collections involve multiple departments for its supervision, and urgently need to establish a joint regulatory mechanism.

"Secondary market" and hype

At present, my country has not explicitly banned the secondary market for digital collection, but it also clarifies the regulatory attitude of preventing digital collections. As early as February of this year, the China Banking Regulatory Commission issued the "Risk Tips on Preventing illegal fund -raising in the name of" Yuan Universe "; in April, the China Internet Finance Association, the China Banking Association, and the China Securities Industry Association jointly released the" About NFT The initiative of relevant financial risks ", clearly required not to provide centralized services such as NFT transactions, and set up trading venues in disguise in disguise.

According to incomplete statistics from the 01 blockchain and Forechain, 301 among the 998 digital collections in China have opened the "secondary market", accounting for about 30%. China Network Finance reporters noticed that on IBOX, HOTDOG, Magic Tibetan, Yuanben Space, Grade Seventh Universe, 42VERSE and other Tibetan platforms, they can achieve free transactions in the "secondary market" through the "consignment" method. Collection platforms are linked to liquidity by hooking with good out -of -field trading platforms.

In the view of Xiao Yan, a senior partner of the Beijing Datong Law Firm, there is a strong correlation between the "opening of the second level" and the "hype". In other words, it is difficult to make large -scale and high "price -earnings ratio" hype without the "secondary market".

Li Changsu, a lawyer of Beijing Quanding Lawyer Affairs, also said that the Tibetan platform provides "secondary market transactions" through the "consignment" method. The tendency of financial and securitization is relatively obvious, which is equivalent to the establishment of an exchange in disguise.

For the number of Tibetan platforms, whether to open a "secondary market" is more a game of compliance and profits. The reporter noticed that according to the rules of multiple platforms, users were traded freely between the consignment market, and the platform charged 4.5%to 10%of the handling fees.

And some players who are paying close attention to the Tibetan platform are not simply collecting for collection, and monetization and speculation are the real purpose. A word in the digital collection industry is called "selling it is called NFT, and it cannot be sold called JPG." In addition, the frying digital collection does not have a sound value anchor system, and the price mechanism has not yet been improved. The reporter noticed that a platform product with a selling price of only 59.9 yuan can be sold to 8000-999999 yuan after speculation.

There will be a decline in rising. The reporter noticed that many platforms have appeared in the case of "one -day bull and bear". Senior player Wang Yong (pseudonym) revealed to China Net Finance reporters that from the perspective of several WeChat groups in him, digital collection investors are mainly college students. Some media also joked that this was "the first financial management after 00."

The reporter also noticed that there is a small program or H5 similar to stock transactions in the market, and the price fluctuations of dozens of platform digital collections are monitored in real time. This makes the digital collection industry more and more like a "financial market".

After a sharp rise, some players also seemed to be soberly realized that this is just a game of drumming flowers. It will be interrupted in the hands of someone at any time. Especially when the supervisory hammer falls, tens of thousands of collections may return to zero overnight.

Some platforms are accused of "internal control"

Recently, the virtual fire in the digital collection market is gradually returning to calm. However, in the view of Li Changuo, the risks of the second -level market in the number of Tibetan hiddens come from the lack of supervision of insider trading and price manipulation, and there is no mandatory regulations for information disclosure.

China Network Finance reporters also noticed that a few days ago, netizens on a number of Tibetan platforms collected evidence of up to 64 pages of PDF, pointing out that a certain account on the platform has frequently held many positions on the list, and there are a large number of digital collections. Essence Netizens questioned the account suspected of internal account to perform dark box operations.

The reporter asked the customer service on this, and the customer service said that the company had rumored in the rumor area. And when the reporter further asked about the details such as "why is a large number of collections in the account involved in the account", the customer service expressed that he could not answer. Subsequently, China Network Financial reporters contacted the platform as a media identity and interviewed, and the press release had not been responded.

Some people in the industry have also revealed to the media that it is "unreasonable" in the founder or employee or project party of the number of Tibetan circles or project parties. "In the accounts that are scattered to the platform or the project party, the two cooperate to lift the price and push the price to sell and sell it."

In Xiao Yan's opinion, if the above behavior is true, it belongs to "typical carriers and trading behaviors." The number of Tibetan platforms through self -selling and self -selling transactions, the illusion of fictional the prosperity of the digital Tibetan market, and then raising the price of digital collection prices may constitute a general sense of deception, civil fraud, and criminal fraud.

"Loading and sale transactions" was originally a term in the field of securities and futures transactions, which refers to the actor's self -selling and self -selling behavior through the account that the actor's actual control. Illustrations, which mislead investors for buying to increase the price of securities products. From the perspective of a digital Tibetan industry, due to its only scarcity and verification, digital collections also have certain social value and collection value. However, the cultural and creative market is too late to explore the more possibilities of blockchain and digital collections, and it has received the impact of the remaining waves and joints caused by the combatant of speculators.

Expert: Declaze into the industry's sustainable development requirements

Xiao Yan pointed out that some digital collection platforms have opened up the secondary market speculation in digital collections. Under the absence of supervision, it has led to the risk of illegal fund -raising fraud in digital collections. , Seriously harm the stability of financial order.

In Xiao Yan's opinion, in order to solve the problem of the number of Tibetan industries, it is essential to solve an old problem: what is the real value of digital collections? Only when consumers buy digital collections are not to earn excess profits -high premiums, can the digital collection industry itself have a solid living space.

Li Changuo also said that it is necessary to restrict the hype of the digital collection trading platform and the tendency of securitization to ensure the security and controlling the digital collection market.

Chen Lishan, an analyst at the Zero -One Think Tank, pointed out that from the long run, it is not enough to use digital collections as art and creative products. With the blockchain technology of the bottom layer of digital collections, the underlying content of the collections can be asset -based to meet the requirements of confirmation, tracking and value circulation. This supplements the gap in the field of digital property rights. Therefore, domestic trading platforms need to be legally compliant to help the circulation of digital collections with a sound market.

Chen Lishan believes that from the current trend, the establishment of a trading platform access system will be an important way to land.

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