Core Viewpoint - The launch of the International Sound Asset Trading Platform by the National Cultural Big Data Trading Center enables the transformation of various sound assets into tradable financial products, including cultural heritage sounds and other audio data [1][3]. Group 1: Platform Overview - The platform focuses on state-owned sound assets, integrating and revitalizing sound artifacts from national cultural institutions such as the National Museum and National Library [3]. - It will be open to businesses and individuals next year, allowing registration and trading of all sound-related data and digital assets [4]. Group 2: Market Potential - There are at least 300 trillion minutes of dynamic music assets in China that could reach artifact-level value, with 17 trillion minutes already digitized and ready for trading [4]. - The registration fees for sound assets are set at approximately 5 RMB, 4 RMB, and 3 RMB per minute based on their classification as first, second, or third-level artifacts, respectively [4]. - If all 17 trillion minutes are registered, the potential registration revenue could reach several tens of trillions of RMB [4]. Group 3: Transaction Statistics - By February 13, 2025, the online trading platform is expected to surpass a transaction volume of 10 billion RMB for the first time [4]. - As of June 18, 2025, the cumulative transaction amount reached 42.5 billion RMB, with a new transaction volume of 38.957 billion RMB in 2025 alone [4].

Core Viewpoint - The launch of the world's first sound asset trading platform allows various sounds, including traditional cultural elements, to be transformed into tradable digital cultural products [1][11]. Group 1: Sound Asset Trading Platform - The platform enables sounds to be bought, sold, and monetized, turning abstract sounds into financial products through processes of rights confirmation, pricing, and trading [5][16]. - The platform currently focuses on state-owned sound assets, including cultural heritage sounds from national institutions [13][14]. - In the future, the platform will open to enterprises and individuals, allowing them to register and trade their sound-related data assets [14]. Group 2: Valuation and Rights Confirmation - The valuation of sound assets relies on "value points" and "price points," which consider historical significance and market prices of similar assets [9]. - Rights confirmation is based on intellectual property concepts, ensuring that registered assets are protected against infringement [7]. Group 3: Cultural Industry Potential - The sound asset market represents a significant segment of China's vast cultural industry, with music assets accounting for one-third of the global market [20]. - There are approximately 300 trillion minutes of dynamic music assets in China, with 17 trillion minutes already digitized and ready for trading [20]. - The registration fees for these assets can generate substantial revenue, potentially reaching hundreds of billions of RMB [20]. Group 4: Future Applications - The integration of AI and big data will enhance the creation of new cultural products based on registered sound assets, expanding the market's potential [18]. - The digitalization of cultural assets is expected to create new consumption scenarios and opportunities for industry growth [20].