and there is currently no law prohibiting the issuance and trading of digital collections in China, and the transaction of digital collections between civil subjects should be found to be legal and valid as long as the actor has the corresponding civil capacity and the expression of intent is true. Digital collections have the dual attributes of collection and investment, which contains high market risks, and the purchaser should not be recognized as a consumer under the Consumer Rights and Interests Protection Law for the purpose of earning the transaction price difference in the secondary market of digital collections, and should bear the corresponding market price fluctuation risk.

and there is currently no law prohibiting the issuance and trading of digital collections in China, and the transaction of digital collections between civil subjects should be found to be legal and valid as long as the actor has the corresponding civil capacity and the expression of intent is true. Digital collections have the dual attributes of collection and investment, which contains high market risks, and the purchaser should not be recognized as a consumer under the Consumer Rights and Interests Protection Law for the purpose of earning the transaction price difference in the secondary market of digital collections, and should bear the corresponding market price fluctuation risk.