Jiaozi from China Museum of Finance. Animation by Pedro Sandoval
Network: Ethereum
Description
The Jiaozi NFT was created by international renowned artist Pedro Sandoval and Minted on WISe.ART The inaugural launch will auction on WISe.ART a historical NFT of the world’s first paper money created in China in 1024. The Jiaozi NFT is the digital twin of the world’s first government-issued paper currency featuring elements of modern paper money for circulation management and reserve payment
The Jiaozi NFT was created by international renowned artist Pedro Sandoval and Minted on WISe.ART The inaugural launch will auction on WISe.ART a historical NFT of the world’s first paper money created in China in 1024. The Jiaozi NFT is the digital twin of the world’s first government-issued paper currency featuring elements of modern paper money for circulation management and reserve payment
Short Description
The first known examples of paper currency as we would understand it today were created in China during the Song Dynasty (AD 960–1279). Promissory notes known as “Jiaozi” were printed by a group of merchants in Sichuan during the reign of Emperor Zhenzong (AD 997–1022). “Paper money was the first form of Chinese printing met with by European travellers, was independently discussed by at least eight pre-Renaissance European writers, and so far as is known, is the only form of Chinese printing described in European writings of pre-Gutenberg days. Marco Polo’s description is the most detailed” (Carter, op. cit., 109).
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