The Global Cultural Tourism RWA Development Summit, co-hosted by Ningbo Century Prosperity Tourism Development Co., Ltd., the Hong Kong Blockchain Technology Application Association, and Hong Kong Dayu Technology Co., Ltd., concluded in Hong Kong on August 17. The summit, themed "Chain-Drive Global, Ningbo Create the Future: Empowering the Cultural Tourism RWA New Ecosystem," brought together policy pioneers, academic authorities, and industry craftsmen to decode how the cultural tourism industry can leverage RWA to overcome asset liquidity challenges. It aimed to achieve global circulation through an innovative Chinese characteristic "cross-border data + on-chain asset" model.
Chairman Huang Shuicai of Ningbo Century Prosperity Tourism Development Co., Ltd. announced at the summit that the Shangjin Caishen Valley will rely on RWA technology to drive the Caishen culture IP global strategy. The project will initially release limited NFTs designed with Caishen wine, the Wealth-Attracting Pot, and other cultural elements as "ecological golden keys" connecting global users. It will also tokenize a portion of the chairman's personal share income and cultural collections for cross-border tradable digital equity certificates to attract fragmented international capital injection. To achieve a virtual-physical symbiotic experience, Caishen Valley plans to develop metaverse virtual land tokens, allowing holders to unlock offline scenic area privileges and other integrated rights. Huang Shuicai emphasized that this strategy is based on the Hong Kong compliant channel, strictly following cross-border regulatory frameworks. Through the "cultural asset on-chain - global capital connection - virtual-physical experience loop" model, it not only solves the traditional cultural tourism asset liquidity dilemma but also allows the Caishen culture's Eastern values to set sail overseas through digital finance.
Ningbo Century Prosperity Tourism Development Co., Ltd., the Hong Kong Blockchain Technology Application Association, and Hong Kong Dayu Technology Co., Ltd. have built a "Capital-Technology-Finance" triangle to jointly promote global cultural tourism RWA strategic cooperation. The guests jointly placed the golden seal, marking the opening of the global pioneering "Aggregated Caishen NFT" ecosystem. Leveraging the Anome Protocol technology framework and building a billion-dollar compliant stablecoin system, they aim to create a new paradigm of Oriental wealth culture through the "NFT+GameFi+RWA" fusion model.
The Chairman of the Hong Kong Blockchain Technology Application Association, Zheng Dingxiang, released the "Cultural Tourism RWA Triple-Penetration Model," leveraging Hong Kong's superlative hub advantage to construct a new paradigm of cross-border circulation. This model utilizes equity penetration to transform tangible assets such as scenic spot revenue into on-chain tokens; achieves real-time on-chain operation information through data penetration, establishes a dual-track mechanism of domestic ownership locking and offshore token circulation through the Hong Kong VASP license, and connects to decentralized liquidity pools through circulation penetration to realize global liquidity release. Chairman Zheng emphasized that RWAs need to transcend their role as financial instruments, return to the essence of productivity enhancement, drive compliance-oriented outbound cultural tourism assets through on-chain trust mechanisms, and build a sustainable channel for global capital to share the cultural dividend. This model provides a methodological operational manual for cultural tourism IPs represented by Ningbo Shangjin Caishen Valley, promoting the transition of cultural tourism RWAs from conceptual validation to large-scale implementation.
National Committee of the Chinese People's Political Consultative Conference member Stephen Law, JP, appeared at the summit, and his speech, from the perspective of a "Builder of Hong Kong's International Financial Hub," connected Hong Kong's mature financial regulatory system, open capital environment, and efficient cross-border data flow mechanism to provide a sustainable path for mainland cultural tourism assets to leap into the global ocean through Hong Kong. Renowned economist Yao Jingyuan, in a keynote speech on "Digital Asset Construction and Tourism Innovation," systematically outlined the development vision of China's cultural tourism RWA, emphasizing the deep integration of cultural tourism RWAs into the national digital economy strategy. The regulatory framework of Hong Kong's "one country, two systems" provides a compliance foundation for cross-border asset circulation, and policy dividends will accelerate the unlocking of the liquidity of billion-dollar cultural tourism assets. Hong Ziqing analyzed the investment window for cultural tourism RWA, pointing out that cultural tourism assets with a combination of cultural scarcity and stable cash flow are becoming preferred options for inflation-resistant allocations. Early adopters are expected to capture significant annual return premiums.
Qu Qiang, a researcher at the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences, a doctoral supervisor, and a distinguished professor at Shenzhen Polytechnic University, proposed an innovative solution to the challenge of spatial-temporal dependence of cultural tourism assets. Through space-time blockchain technology integrating geographic verification and privacy protection mechanisms, efficient on-chain mapping capabilities are provided for heritage digitalization. Tan Shuilian analyzed the implementation path of RWA for listed companies, using examples such as tokenization of charging piles and revenue rights of photovoltaic power stations to verify the positive cycle of "asset on-chain - liquidity release - market value growth." The TBC public chain showcased foundational infrastructure designed specifically for RWAs, with a high-throughput, low-friction architecture compatible with the Bitcoin security model and smart contract functionality, providing support for fragmented trading of cultural tourism assets and sub-second settlement. Elites from various industries provided a comprehensive analysis from policy opportunities, capital allocation, technical challenges to implementation paths, setting key milestones for anchoring cultural tourism assets globally in compliance through the power of RWA.
The conference proactively responded to the central government's instructions to "tell the Chinese story well and promote cultural internationalization." The roundtable forum focused on the "Mainland Cultural Tourism IP leveraging Hong Kong's route to global practice methodology." Experts unanimously agreed that Hong Kong, with its unique regulatory framework and financial hub status, provides the compliant primary channel for Mainland cultural tourism assets to go global. By bridging international rules and a China-special cross-border data mechanism, the systematic solution addresses asset ownership, liquidity, and cross-border trust issues, promoting cultural assets to participate in global capital allocation in the form of standardized digital rights, creating a new paradigm for cross-border circulation of cultural assets.
As the first Mainland China cultural tourism project to achieve global tokenization based on the Hong Kong hub and standardization guidelines, the launch of the "Wealth God Universe Ecosystem" marks the beginning of standardized RWA (Real World Asset) practices in cultural tourism, laying the foundation for the global circulation of super-cultural IPs such as the Forbidden City and Dunhuang. When millennia-old cultural assets meet RWAs, a revolution about the reevaluation of cultural value and the restructuring of capital flow has already set sail.
This article is contributed content and does not represent the views of BlockBeats.
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