Tokens Become Hot Sellers in Double 11 Livestreams as Listed Computing Power Firms Step Up Bets on Token Economy

This year's Double 11 shopping festival saw tokens emerge as a new bestselling category in livestream rooms. Li Jiaqi's livestream room launched a monthly membership card for Qwen office use for individuals; a 0.01-yuan trial version sold 100,000 units within half an hour, corresponding to about 2 trillion tokens in call quota. Artificial intelligence (AI) computing power services reached massive individual users through a leading livestream channel for the first time, opening the curtain on mass consumption of computing power. Several computing power companies listed on the A-share market disclosed business progress on investor interaction platforms, responding to their layouts in the token economy track from multiple dimensions. A person in charge at Xingyun Technology said the company has established a dual core business of "cross-border digital trade and AI computing infrastructure," is building a token factory business, and has included token revenue-sharing clauses in computing power contracts. Information on iFlytek's interaction platform showed that C-end smart office products continue to scale up, and the expansion of individual user numbers is steadily driving up token call volume. (Securities Times)