Home  »  Trendy Stocks   »  Scienjoy Holding Corp. (SJ) stock gains in the pre...

Scienjoy Holding Corp. (SJ) stock gains in the pre-market trading. What’s driving it high?

Scienjoy Holding Corp. (SJ) stock soared by 0.73% at the last trading close while the SJ stock price continued to rise by 26.49% at the last check in the pre-market trading. Scienjoy, a leading mobile live streaming network in China, was established in 2011 with the aim of creating a live streaming content matrix that provides consumers with a friendly experience. Scienjoy currently runs four live streaming platforms: Showself, Lehai, Haixiu, and BeeLive, with nearly 250 million registered users.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


What is happening?

SJ today announced the official introduction of Non-Fungible Tokens (“NFTs”) on its live-streaming sites, making it one of the first in mainland China to do so. This announcement comes after SJ announced a strategic alliance with Snipp Interactive Inc., a multinational distributor of digital media incentives, rebates, and loyalty solutions, to develop a new loyalty and rewards scheme and investigate the possibility of allowing live streaming broadcasters to mint NFTs.

Users can bid on NFT mementos from their preferred broadcasters with points received from the new loyalty and rewards scheme, and broadcasters can mint their own NFTs on Scienjoy’s website. Users and broadcasters will be sure to carry and showcase these personalized souvenirs in the Scienjoy virtual live streaming environments, which will have a variety of iconic accessories, skins, and other virtual objects. As a way to reward users, raise interest, and fuel user interaction, NFTs will be minted as one-of-a-kind rewards for live streaming game competitions.

Furthermore,

If NFTs will be used and viewed on Scienjoy’s websites, they will be tracked and traded on OpenSea, a peer-to-peer NFT marketplace. Scienjoy will introduce a series of 16 NFTs on OpenSea first, followed by additional NFT series on other marketplaces. Special gadgets, prizes, and skins for Scienjoy profiles have long piqued the interest of users.

The new NFT system would make it easier for consumers to own and sell souvenirs in a centralized way, as well as increase the hype around games on Scienjoy’s platforms. This program would provide broadcasters with more monetization options, increase broadcaster loyalty, and bring more new artistic talent to Scienjoy’s channels, in addition to improving partnerships between broadcasters and their audiences.

Leave a Comment

Your email address will not be published. Required fields are marked *

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts

Biotech Stocks to Buy for Sep-2021

Biotechnology (biotech) refers to the use of microbes and cellular biology in health-related research and development. It is not just therapies that biotechnology companies develop.

635

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam