Scienjoy Holding Corporation announced that Scienjoy has formed a strategic alliance with MetaU to assist the Company to fulfill its mission of providing funding to artists interested in transforming their traditional arts to NFTs. MetaU expects to create an enabling environment and also provide the tools for both artists and collectors to list and purchase NFTs with virtual coins through its new NFT exchange platform scheduled to be launched in the third or fourth quarter of 2022. As disclosed early this year, Scienjoy plans to launch NFT Experience X, a new program designed to offer assistance to selected artists, enabling them with the tools to turn their creations into nonfungible tokens.

The Program is expected to provide technical support to artists, musicians, and other performers, as they create NFT works across selected locations, through traditional art, exhibitions, murals, and other unique art projects.