can archaic chinese jades be turned into cryptocurrencies?

can archaic chinese jades be turned into cryptocurrencies? - Printable Version

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can archaic chinese jades be turned into cryptocurrencies? - FartSunKing - 05-10-2025

s, archaic Chinese jades can be technically turned into cryptocurrencies, but this process, known as tokenization, is highly complex and faces significant legal, ethical, and practical challenges. Instead of being a new form of currency, the jade would be represented by a unique, non-fungible token (NFT) on a blockchain.

The tokenization process

Verification and valuation: The jade's authenticity, provenance, and condition would need to be meticulously verified by a team of art historians and gemologists. A credible valuation would then be established to determine the initial value of the token.

Creation of the NFT: A unique NFT is "minted" on a blockchain. This digital token would include rich metadata detailing the jade, such as high-resolution imagery, 3D scans, and provenance records. This creates a "digital twin" of the artifact.

Ownership transfer: The NFT, which represents ownership rights to the jade, can then be sold or traded. This allows for fractional ownership, where investors can own a percentage of a high-value asset without possessing the physical item.

Major challenges and concerns

Provenance and authentication

The age of archaic jades makes their provenance—the record of ownership history—extremely difficult to trace definitively.

Verification: A complete and verifiable ownership history is crucial for an art asset. The difficulty in tracing the full provenance of ancient objects would make the authenticity of the token, and the jade itself, questionable.

Authenticity issues: Unlike modern art, there is a greater risk that an item believed to be an ancient artifact is a forgery, even if a token is attached to it.

Legal and regulatory hurdles

The legal status of tokenized artifacts is a major gray area, and regulations vary significantly by jurisdiction.

Securities law: If the token is sold to multiple investors with the expectation of a profit, it might be classified as a security and subject to stringent financial regulations.

Ownership rights: The NFT does not replace legal ownership in the physical world. The token would need to be legally bound to the physical artifact through a legal trust or other vehicle, which is a complicated process.

International laws: Trading an artifact across borders creates complex jurisdictional disputes and compliance issues. Notably, China has a complex and restrictive stance on cryptocurrency, further complicating any transaction involving a Chinese artifact.

Custody and security

The issue of securely storing and managing the physical jade must be resolved.

Custody: A secure, institutional-grade vault would be required to hold the jade. A legal agreement must specify who is responsible for the artifact's physical safety, insurance, and maintenance.

Hacking: While blockchains are secure, the platforms and exchanges where NFTs are traded are vulnerable to hacking and theft. The token is still a digital asset that requires protection.

Ethical concerns

Trading ancient artifacts raises deep ethical questions, even if tokenized.

Cultural heritage: Tokenizing cultural artifacts for financial gain is viewed by many as unethical, especially if the piece was not acquired through legal or ethical means.

Illicit trade: The anonymity of crypto transactions could potentially be exploited to facilitate the illicit trade of artifacts. Some initiatives aim to use NFTs to fund ethical preservation and access by museums, but this is a complex area.

Conclusion

While technology allows for the creation of a digital token representing an archaic Chinese jade, transforming it into a functioning cryptocurrency is not feasible or advisable. The immense challenges involving provenance verification, regulatory hurdles, physical custody, and ethical issues create significant barriers. In practice, a token would represent fractional ownership of the jade, but it would not be a currency itself.

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RE: can archaic chinese jades be turned into cryptocurrencies? - *天哥* - 05-10-2025

Yo bro, may i humbly suggest to u to bring this to the National Museum and see if any expert there could help u value it n also see if it is fake ( most likely ) . You just place this here, nobody will know or understand your jade piece.

Since u r so free anyway, just a ride there should b no problem 2 u lah.

In the unlikely event if they value it to be genuine, u can return here and F...k everyone who had scorn at u here.

RE: can archaic chinese jades be turned into cryptocurrencies? - Napoleon Porlumpar - 05-10-2025

archaic Chinese jades maybe can lah.....................

but FAKE ones cannot..................LOL

RE: can archaic chinese jades be turned into cryptocurrencies? - Napoleon Porlumpar - 05-10-2025

(05-10-2025, 08:06 AM)*天哥* Wrote: Yo bro, may i humbly suggest to u to bring this to the National Museum and see if any expert there could help u value it n also see if it is fake ( most likely ) . You just place this here, nobody will know or understand your jade piece.

Since u r so free anyway, just a ride there should b no problem 2 u lah.

In the unlikely event if they value it to be genuine, u can return here and F...k everyone who had scorn at u here.

BRO................why you so cruel..............that's like telling a gold coin collector that all his gold coins..................inside got chocolate one.............. Rotfl

RE: can archaic chinese jades be turned into cryptocurrencies? - FartSunKing - 05-10-2025

(05-10-2025, 08:06 AM)*天哥* Wrote: Yo bro, may i humbly suggest to u to bring this to the National Museum and see if any expert there could help u value it n also see if it is fake ( most likely ) . You just place this here, nobody will know or understand your jade piece.

Since u r so free anyway, just a ride there should b no problem 2 u lah.

In the unlikely event if they value it to be genuine, u can return here and F...k everyone who had scorn at u here.

You think I stupid or what?

What you suggested, bring my Hongshan Culture jade artifacts to a local museum for verification, I have done it, 33 years ago

BTW many of my close friends have made such suggestion but they are ignorant to the fact that our local museums does not have GENUINE Hongshan Culture jade C-shaped dragons or Hongshan Culture jade artifacts while I have 50 GENUINE pieces

You cannnot be an expert on something you have never handled, get it?

Museums outside China, except Taiwan also don't have any Hongshan Culture jade C-shaped dragons

Museums in China has less than 10 pieces while I have collected 16 GENUINE C-shaped Hongshan Culture jade dragons over the past 33 years

As I have said before here at Sgtalk many times, I AM the WORLD No. 2 expert on Hongshan Culture jades, behind the No.1 expert in China, Yao Yuzhong, who is same age as me and started robbing tombs in the 1980s while I started collecting Hongshan Culture jades in the early 1990s

AI Overview

Yao Yuzhong began his tomb-robbing career in the 1980s, as he learned the trade from his father and started with graves from the Neolithic Hongshan culture. His career spanned approximately 30 years and involved looting relics from the Hongshan cultural relics protection region before he was arrested.

Key Details

Start of Career: The 1980s.
Learned from: His father, who taught him the skills of tomb raiding.
Initial Target: Graves from the Neolithic Hongshan culture, which are shallow and require skills in perception rather than just digging.
Career Length: Approximately 30 years.
Conclusion of Career: His operations were exposed in 2015, and he was arrested for his role in the largest grave-robbing case in China since 1949.
Techniques: Yao used his knowledge to determine the location of ancient tombs, sometimes employing feng shui and astrology.

RE: can archaic chinese jades be turned into cryptocurrencies? - [[ForeverAlone]] - 05-10-2025

Still dreaming obviously all your stuffs are fake and you know yourself just buy for deco only.

Real ones are at ultra rich ppl big landed house.

RE: can archaic chinese jades be turned into cryptocurrencies? - Napoleon Porlumpar - 05-10-2025

(05-10-2025, 10:33 AM)FartSunKing Wrote: You stupid fcuk!

GENUINE is GENUINE, FAKE is FAKE

Humans, experts or amateurs or idiots like you doesn't have the power to turn GENUINE pieces into FAKES or FAKES into GENUINE with your words/opinion

Get it you fucking moron?

BTW, Hongshan Culture jade collectors from China, HK, Europe & USA, they all come to me to seek my advice on the authenticity of their collection

They knew I am a TRUE MASTER who have the KNOWLEDGE, EXPERIENCE and INTELLIGENCE to tell the difference between GENUINE and FAKE Hongshan Culture jade artifacts

Song boh?

use your brain lah.................

if those guys that sold you those jade junk think or know they're real......................they still sell you cheap meh ?

throw away all those junk lah...................otherwise your poor son got to throw them away later............

RE: can archaic chinese jades be turned into cryptocurrencies? - FartSunKing - 06-10-2025

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