The Pengpai Digital Collection Channel will cease operations starting tomorrow

ChainCatcher news, The Paper announced in its app that due to "the uncertainty and risks associated with digital collectibles as an emerging field, as well as high operational costs," it will suspend the sale of digital collectibles and withdraw previously issued digital collectibles.

In addition, the digital collectibles channel of The Paper in the Haibei Mall will also cease operations starting from September 17, 2023.