Daily DripFuture

Chinese Boy Band TFBoys Has Its Own Cryptocurrency


If you’re already over cryptodogs, get a load of the latest pop-cultural blockchain phenomenon to take the Chinese internet by storm: TFBoyCoin (TFBC).

TFBoys, if you don’t know, is a wildly popular trio of fresh-faced young lads who sing, dance, and pose questions to Stephen Hawking about human space colonization:

Stephen Hawking and Chinese Pop Superstar Karry Wang Discuss Alien Immigration on Weibo

Now they’re evidently in the cryptocurrency game. Sort of. Sixth Tone reports:

The online currency, TFBC, is billed as “the world’s first blockchain-based fandom token.” According to its official website, TFBC will be used to buy, sell, and trade concert tickets, merchandise, and meet-and-greet access from participating vendors in a way that’s secure and transparent — and that cuts out opportunistic scalpers. […]

But shortly after TFBC began attracting attention, Time Fengjun Entertainment, the pop group’s agency, issued a statement on Saturday saying that neither it nor TFBoys had given authorization for a product called “TFBC.” Furthermore, the agency wrote, those behind the TFBoys-themed cryptocurrency are likely engaging in unlawful profiteering.

Nevertheless — if you read Chinese, follow blockchain, and have that TFBoys thirst, you can dip a toe in to the world of TFBC here.

RADII (rā'dē-ī') is an independent platform of artists, writers and creators dedicated to sharing vibrant stories from the rarely explored sides of new China.
china.wav LA

This is one list you want to be on

Thousands of earthlings have signed up for our newsletter, and you should do the same

You have Successfully Subscribed!