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What’s the NFT game Tencent & Alibaba Rush into?

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In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released.

On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao.

On August 3, 2021, Chinese tech giant Tencent’s  NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly.

Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT?

Meet NFT

NFT is short for Non-fungible Token,which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable, and the smallest unit is 1 and indivisible.

Generally, BTC, ETH, etc. we familiar with are Fungible Token. For example, BTC everyone owns is same, it’s interchangeable with each other, can also be divided into 0.1, or 0.01 without affecting the value and use.

NFT represents indivisible and non-interchangeable items in reality, such as a real estate certificate, a famous painting, a piece of game equipment and so on. They are all unique, and completely lose their value and practicality after being divided. The most typical are collectibles and artworks. These products with non-fungible genes are digitized and tokenized using blockchain technology, and they have become popular NFTs today.

NFT is one and only

Economics stipulates that currency is a unity equivalent and a carrier of consensus on value. In modern society, personal wealth is no longer measured by currency holdings, but includes the value and quantity of assets under his name. Its assets include but not limited to items with market value such as houses, cars, stocks, etc. In most case, the value carried by an asset often far exceeds the value of the cash value they hold. However, real assets have two major shortcomings: poor liquidity and high cost of confirmation. For example, the determination of the right of a house needs to rely on the registration of the Housing Management Committee to determine the ultimate ownership of the house.

But in the blockchain world, the assets we currently have are BTC, ETH with currency attributes. After meeting demand for monetary assets, a value medium of non-monetary assets will naturally emerge, and this is NFT. Relying on the decentralization, immutability and cryptographic authentication of the blockchain, NFT solves a series of problems of real assets:

• The asset is unique and cannot be faked

• Strong liquidity, real-time trading;

• Cryptography is the confirmation and cannot be tampered with.

In addition, NFT also has features that cryptocurrency does not have. Its unique features can be used for identity certification, item ownership certification, virtual props, etc. NFT makes crypto assets more practical, enabling users to expand the utilization of valuable assets in the form of NFT, and is protected by blockchain technology.

NFT Boom Out

NFT is not a new thing born this year, it has made any public appearances early in 2017, but more regarded as a niche thing within Ethereum.

So, what is the real important promoter of NFT out of the circle?

First, let’s ask a question: How much would a digital picture be? The answer is $69.3 million!

On March 11, 2021, an unknown artist Beeple collaged his daily art work for the past thirteen years into a digital picture called “everyday: the first 5000 days”. At Christie’s, it was sold for $69.3 million, which shocked the world.

Overnight, NFT became the outlet. This 40-year-old American painter also made great fortune overnight. The popularity of NFT has caused a huge sensation in many fields such as art, venture capital, and finance.

Commercial filed such as NBA, Samsung, McDonald’s, Marvel, movie stars, etc. are all releasing their own NFT products, and venture capital industry such as Three Arrows Capital, Signum Capital, NGC Ventures, Coinbase, etc. have begun to invest in this field. Internet giants such as Tencent, JD, Facebook, Twitter, etc. are all laying out the NFT battlefield. The opportunities and challenges brought by NFT are more than that brought by the mobile Internet to the Internet.

From the perspective of business history, iPhone, Amazon, Microsoft, etc. were initially used by industry insiders. After going out of the circle by marketing, products, and the trend of the times, the entire society began to accept them, and they evolved from product for a specific group into mass infrastructure. Although the development of NFT is still at an early stage, the boom out of NFT will continue the historical trajectory and accelerate the application of blockchain technology. It is of great significance for promoting the digitalization of society.

NFT Bright Future

Except crypto artworks, will NFT have wider applications? We can find that NFT will be widely used in the future. For example, the recent popular NFT+DeFi and NFT+game, as well as the concept of meta-universe, are inseparable from the future development of NFT. The physical application of NFT will solve many problems for the society, such as: 

First, intellectual property. NFT can represent a painting, a song, a patent, a film, a photo, or other intellectual property rights. NFT can help each unique thing to register the copyright and help it identify the patent.

Second, physical assets. Real estate such as houses and other physical assets are digitized through NFT. It can be used in financial markets such as the circulation of assets.

Third, records and identification. The unique features of NFT, can be used to verify identity and birth certificates, driver’s licenses, academic certificates, etc., to prevent abuse or tampering.

There will be many physical applications of NFT in the future, which will surely solve various practical problems for the society. Presumably this is the ultimate goal of various giant capitals. As the world’s first physical digital economy token trading platform-BtLux Exchange focuses on the implementation of blockchain scenarios that are closely related to people’s lives.

Different from other cryptocurrencies with no entity value support, BtLux regards the underlying innovation of the blockchain as an important breakthrough in the independent innovation of core technology, and takes the use of blockchain to trade, calculate, and record to promote real economic activities on the chain under supervision. At the same time, realize the market operation and value management of digital assets after the certification, redefine the interest distribution relationship of producers, consumers and participants, and form a brand new financial and business model.

Soon, BtLux will accelerate the integration of NFT and physical enterprises based on years of experience in the implementation of blockchain physical scenarios, provide top-level business architecture design and digital economic model design for physical enterprises, and jointly build “blockchain” + “new ecology”, So that participants in the entire chain can benefit. It would bring tangible benefits to the real economy and the entire society, and be widely recognized by the society, making digital currency a living water, flowing in the real economy, and bringing benefits to the real economy more vitality and new power.

NFT is a new world brought about by the technological explosion era, and the digitalization process of the real world in the next ten years will also be greatly accelerated. In the future, only when NFT accelerates the deep integration of the real economy and the digital economy, the technological value of the blockchain will gradually emerge in this process. It will be able to bring new business models and reconstruct distribution models, market structures, organizational forms, and industry relationships to promote human beings to a new era of digital civilization, and in that, BtLux will become an indispensable promoter.

BtLux Official website: https://www.btlux.top/

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Michael Saylor Says Bitcoin Is Refreshing; KangaMoon Announces New Partnership While Pepe Soars

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–News Direct–

Recently, Michael Saylor excited the crypto community with a new Bitcoin (BTC) tweet. Meanwhile, KangaMoon (KANG) announced a major partnership with RaidSharks. Many analysts hint that this Stage 5 presale star may become the next $0.5 meme coin in 2024. Another meme coin making headlines is Pepe (PEPE), recently listed on Coinbase.

Michael Saylor With a Bullish Bitcoin Statement

Bitcoin (BTC) has been making waves in the crypto market. Over the last week alone, the price of BTC increased from $63,785 to $64,431. The Bitcoin market cap surged from $1.26T to $1.28T during that time. The former CEO of MicroStrategy, Michael Saylor, stated that Bitcoin is refreshing. Many Bitcoin traders commented on this tweet and agreed with this statement.

This Bitcoin news may cause a rally for this crypto. Regarding its technical analysis, over 15 technical indicators are now green. Additionally, the Bitcoin crypto is trading above its 100 and 200-day EMAs. Thus, experts in the crypto field predict a potential rise to $84,321 for Bitcoin before Q2 of 2024 ends.

KangaMoon (KANG): New Partnership With RaidSharks

At the same time, KangaMoon (KANG) is a meme coin rapidly gaining popularity. It recently announced a significant collaboration with RaidSharks, which will help it cement its standing in the industry. With this development, KangaMoon players will experience thrilling raids and a $1,000 monthly pool.

This partnership will help increase community engagement in this upcoming Play-to-Earn (P2E) game. In KangaMoon's game, KANG will serve as the primary in-game currency. With KANG, you can buy in-game items and upgrade your characters. Additionally, KangaMoon revealed it will provide all holders of this meme coin with exclusive challenges for extra rewards.

Another primary focus of KangaMoon is giving back to its community. KangaMoon is now providing the most active community members with free KANG before its official launch. Thus, over 29,000 registered community members are now rushing to like and share KangaMoon's social media content.

This meme coin is currently in Stage 5 of its presale, which has raised over $5.8M and is on pace to hit $6M before April 2024 ends. One KANG now costs only $0.0196 – a 290% rise from its starting price. Experts are bullish, given its ties to the P2E gaming market, which may reach $885M by 2028. They forecast a jump to $0.5 once a Tier-1 CEX lists KANG in Q2 of 2024.

Pepe (PEPE): Now Trading on Coinbase

After encountering technical issues, Coinbase announced that the Pepe (PEPE) perpetual futures contracts are now in full-trading mode. After this bullish Pepe news, its value soared from $0.0000051 to $0.0000078 on the 1-week chart. This meme coin's market cap increased from $2.17B to $3.28B during that time.

Not only that, but the Pepe coin is now trading above its 21- and 50-day EMAs. For these reasons, prominent market analysts predict that the Pepe crypto will reach a value of $0.0042 before the end of Q2 2024. This makes Pepe one of the meme coins to watch this year.

Bitcoin vs. KangaMoon vs. Pepe – Which One Can Pump First?

In this crypto battle, KangaMoon emerges as the victor with a low market cap of $19.6M. This means KANG needs fewer new funds for its price to rise compared to Bitcoin and Pepe. Thus, KangaMoon is one of the most promising meme coins to watch. If interested, sign up for its presale below and obtain a 10% bonus.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards.

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Kangamoon

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View source version on newsdirect.com: https://newsdirect.com/news/michael-saylor-says-bitcoin-is-refreshing-kangamoon-announces-new-partnership-while-pepe-soars-157468847

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AI Frontiers in Healthcare: Revolutionizing Medicine at the 2024 1ArtificialIntelligence Global Conference

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–News Direct–

As the healthcare sector undergoes a technological transformation, artificial intelligence (AI) is at the forefront, driving significant advancements. The 1ArtificialIntelligence | 2024 Global AI Conference will delve into these developments during its standout session, "Breaking New Ground: How AI and Tech Startups Are Revolutionizing the Digital Health Landscape." Scheduled for May 9, this pivotal discussion promises to highlight the innovative role of AI in reshaping healthcare delivery and management.

1Artificial
1Artificial

Moderated by Sally Ann Frank, Worldwide Lead for Health & Life Sciences, Microsoft for Startups, this panel brings together industry luminaries who are pioneering the integration of AI into healthcare. The session features:

Sally Ann Frank, WW Lead, Health & Life Sciences, Microsoft for Startups

Stead Burwell, Founder & CEO, Outbound AI

Lana Feng, Co-founder and CEO, Huma.Al

Andrew Gostine, CEO, Artisight

Ankur Teredesai, CEO, CueZen

These experts are set to discuss the transformative impact of AI across various aspects of healthcare:

– AI-Driven Diagnostics and Personalized Treatment: The panel will explore how AI is enhancing diagnostic accuracy and enabling personalized treatment plans that are tailored to individual patient needs.

– Operational Efficiency: Insights will be shared on how AI is streamlining operations within healthcare facilities, from administrative processes to patient care, reducing costs and improving service delivery.

– Ethical and Regulatory Frameworks: As AI becomes more entrenched in healthcare, the panelists will tackle the ethical considerations and regulatory challenges that need to be navigated to ensure responsible deployment of AI technologies.

The discussion is not just about what AI is currently achieving but also about its future potential. The panelists will provide forecasts on emerging technologies, anticipated regulatory developments, and the long-term implications of AI in healthcare. This session will serve as a comprehensive guide for healthcare professionals, technology innovators, and policymakers interested in the intersection of AI and healthcare.

For those looking to stay at the cutting edge of healthcare innovation, the "Breaking New Ground" session at the 1ArtificialIntelligence | 2024 Global AI Conference is an unmissable event. It offers a unique opportunity to hear from the trailblazers who are not only navigating the challenges of AI integration but are also setting the stage for the next generation of healthcare solutions.

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Media Enquiries

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View source version on newsdirect.com: https://newsdirect.com/news/ai-frontiers-in-healthcare-revolutionizing-medicine-at-the-2024-1artificialintelligence-global-conference-675492780

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BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

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–News Direct–

A Glittering Moment: BloFin Shines at TOKEN2049

BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry.

BloFin successfully sponsored TOKEN2049 Dubai, which witnessed an extraordinary gathering of industry leaders, enthusiasts, KOLs, and innovators. Blofins participation in this prestigious event not only reaffirmed its commitment to fostering innovation within the blockchain ecosystem but also demonstrated its dedication to driving industry development forward.

An Unforgettable Night: WhalesNight AfterParty 2024

As part of the conference, BloFin hosted the highly anticipated WhalesNight AfterParty 2024, promising an unforgettable evening of networking and celebration.

Gratitude in Spotlight: Heartfelt Thanks to Valued Partners and Media

BloFin extends its gratitude to its esteemed media partners, including U.Today, BeInCrypto, CoinTelegraph MENA, Crypto.news and Chainwire, whose support has been instrumental in promoting this event. Additionally, BloFin appreciates the steadfast support and participation of its significant partners, KOLs, and attendees.

The Dubai Whales Night offers the BloFin team a valuable opportunity to meet with users and friends.

Matt, CEO of BloFin, shared his insights and expressed his excitement at the WhalesNight AfterParty. He stated We understand the importance of trust. We will continue to provide our users with safe, reliable, and fast services.

As we continue to expand our reach and enhance our offerings, Blofin remains steadfast in its mission to empower individuals and institutions to unlock the full potential of blockchain technology.

About BloFin:

As the fastest-growing crypto exchange, BloFin offers premium perps & futures trading services with over 320 USDT-M trading pairs and 100X trading volume. Now, it provides more high-quality products including spot trading, copy trading, earning, API access, and more. Ensuring utmost user fund security, BloFin has partnered with Fireblocks to safeguard users assets.

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BloFin

Annio Wu

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View source version on newsdirect.com: https://newsdirect.com/news/blofin-sponsors-token2049-dubai-and-celebrates-the-sideevent-whalesnight-afterparty-2024-665341179

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