Taiwanese pop star Jay Chou jumps on NFT bandwagon with ‘Phanta Bears’

A firm backed by Taiwanese pop icon Jay Chou has launched a non-fungible token (NFT) project featuring virtual avatars called “Phanta Bears”, joining a growing list of entertainment and sports celebrities to test the technology that verifies ownership of unique digital assets.The Phanta Bears, a collection of 10,000 algorithmically-generated digital avatars launched as a spin-off from Chou’s PHANTACi fashion brand, sold out in less than 40 minutes on New Year’s Day, according to an official…

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