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OmArt : Infinite Rolling Auction enhances NFT Price Discovery Efficiency

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NFT and crypto art are a typical bottom-up development path, which successfully lowered the threshold of art and expanded the audience in a sense. It also brought “ownership” and “finance” to the artwork as the content side. The unique attributes of NFT have become an excellent carrier for the existence of artworks that are just needed to confirm the right.

IM META Future And Technology Exibition

However, there are many challenges in the current NFT market. The current poor liquidity of NFTs has led to a price discovery low efficiency. In addition, non-mainstream art forms dominate in the current crypto art circle, which affects the overall content quality, and mainstream artists will hesitate to participate in it. OmArt has born to cope up with the above challenges.

What is OmArt

OmArt is an ERC20 NFT platform based on original oNFT and infinite scrolling auctions modes, it can provide innovative NFT + oNFT product system:

  1. NFT 

The platform supports the creation and trading of NFT. NFT created on other platforms such as Opensea can be listed on OmArt, and NFT created on OmArt can also be listed on OpenSea.  OmArt will first and foremost integrate into the current mainstream crypto art play. 

2. oNFT 

oNFT is an original NFT of artworks, whose ownership cannot be acquired by the current owner. 

3. An Infinite Rolling Auction Illustration

An infinite rolling auction means that oNFT will be automatically auctioned by the platform. The price of each round will be determined by OmArt platform according to a uniform pricing curve. When the latest sale price or auction cycle of oNFT exceeds a certain value, the current owner of the NFT can initiate a privatization and convert oNFT Remint into a standard agreement NFT by paying a certain premium over the latest sale price (tentatively 30%). 

Team with Enriched Resources

The team has a wealth of offline space, internationally renowned artists, and art works resources, and has more than 100 art partners with experience in international exhibitions. In addition, there are more than 50,000 contracted artists who can be active on the OmArt platform.

OmArt’s CEO, Michael Chi is an associate professor of visual communication, an international curator, and the rotating chairman of the Association of Chinese Artist in American Academia. He was recognized by “Chinese Magazine” as one of the 10 recipients of the “Young Chinese of Excellence Award” at the magazine’s 40-year anniversary ceremony in 2018.

As a bridge between art and the crypto world, OmArt brings good works of art into the encrypted world by holding offline art exhibitions and auctions in conjunction with the online NFT platform, keeping the quality of OmArt content at the top level in the industry.

OmArt’s Mutually Successful Business Model

The platform provides efficient price discovery path for artworks/artists through oNFT infinite rolling auction mechanism.

  • Users will also be able to enjoy more NFT art and participate in the auction and get corresponding economic rewards. 
  • oNFT will then be privatized and become the standard protocol NFT, rewarding the world of mainstream cryptography art industry. 
  • Artists can also publish NFT directly, free to define the price and royalty of NFT. 
  • As for OmArt platform, the platform value will continue to grow as it obtains high-quality content and users of different portraits. The platform will continue to retain platform earnings into users and artistic content to make the platform continue to grow. 

Development Plan

OmArt will officially launch version 1.0 on July 26 this year, which is, an online NFT market platform that can issue and trade the standard ERC721 NFT, and will hold an immersive meta-universe art technology exhibition with the theme “IM META” on July 30. at Shanghai Plaza. 138 Huaihai Middle Road, where social, entertainment, shopping and living revolve around art horizon. It is where ideas, trends and lifestyles collide out to form new ideas and new inspirations.

Calm, by Gemma O’Brien

A total of 55 works will be presented on the OmArt digital trading platform with NFT works. Artists include holographic special effects scenes for the sci-fi movie “Creation-Speed of Light” and the future multi-dimensional human-computer interaction interface designed for Tom Cruise’s sci-fi blockbuster “Oblivion”, the great designer GMUNK, new media Designer Joshua Davis, motion graphics artist Jonathan Winbush, famous graffiti artist Gemma O’Brien, etc. The curator of this exhibition, Scarlett Lin, is an artist and the founder of Linspace.

Version 2.0 of the OmArt platform is planned to be launched in Sep, 2021, when oNFT assets and the core innovative gameplay “Infinite Rolling Auction” will be officially launched.

Visit the OmArt website omart.io to learn more!

Telegram Group: t.me/OmartOfficial_NFT

Twitter: twitter.com/OmArt_NFT

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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DATA Network joins Sui and Walrus to scale the supply chain for AI training data

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Palo Alto, United States, October 12th, 2026, Chainwire

Trace, the onchain registry for rights-cleared AI training data with more than 250 million verifiable receipts, brings its training data to Sui and Walrus to power the next generation of AI models.

Sui Foundation and The DATA Foundation today announced that the DATA Network and its Trace registry are joining the Sui stack, bringing a live supply of rights-cleared AI training data onto the infrastructure Sui has built for AI workloads. Walrus, the data platform with integrity proofs anchored on Sui, becomes the default storage layer for applications operated by DATA Foundation. Separately, the DATA Network will be upgraded to run as a protocol natively on Sui.

The upgrade gives AI labs a single place to source real-world training data they are allowed to use, with its provenance recorded by Trace and the original file stored and access-controlled on Walrus.

The data AI needs next

The next generation of AI models is constrained by access to real-world data. The open internet has been scraped, and the data that comes next must be sourced from people, with consent and with provenance that regulators and legal teams will accept. The EU AI Act and ongoing litigation over training data have made provenance a procurement requirement for labs.

The data those models need sits with people rather than on the open web: a nurse describing a patient’s night in her own words, a dashcam recording of a rainy commute in Jakarta, a factory technician’s hands as they diagnose a fault, or a customer call conducted in Bengali. It is personal and often regulated, and it belongs to the people who generated it.

Trace, launched by DATA Foundation in June as an onchain registry for AI training data, was built for exactly this kind of data. It records the origin of each contribution and the rights attached to it, and settles payment to the person who contributed it. It has registered more than 250 million contributions since launch and now processes over 3M receipts per day on average. Applications writing to Trace include Kled, the largest opt-in human data marketplace with over 1.5 billion records being onboarded, along with Numo and Oto, applications that already license data to frontier AI labs and robotics companies.

Why Sui and Walrus

Sui represents every asset as a programmable object, allowing datasets and their licenses to be managed onchain like tokens. Independent transactions execute in parallel and settle in under a second, making the network capable of handling millions of daily registrations. Walrus extends this capability to large files: it stores massive AI datasets efficiently and ensures data is only readable by licensed buyers. No other network offers storage, access control, and ownership tracking built natively into a single ecosystem, together with verifiable compute.

Trace now adds a flagship supply of rights-cleared data, with existing demand from the AI labs that license it today. The result of the integration will be stronger provenance guarantees and tamper evidence. Today a Trace record proves that a file was registered and when, and with Walrus, Trace will be able to hold an encrypted, immutable copy of the contributed file itself as a reference guarantee. The hash of the record can be regenerated from the data itself rather than from metadata an application supplied, and any later processing of the file can be checked against the original.

The upgrade is backed by a long-term strategic investment. Sui Foundation is investing $30 million in the DATA Network, establishing the largest institutional stake in the network, alongside the continuing holdings of PIP Labs and the DATA Foundation. Furthering the alignment, SY Lee, Chairman of Poseidon and CEO of PIP Labs, joins Sui Foundation as Strategic Advisor.

The protocol upgrade

DATA Network will be upgraded to run as a protocol natively on Sui, and its independent chain will be retired. $DATA continues as the token of the DATA protocol on Sui, carried over one-to-one, with holder economics and governance rights at least equivalent to today. Locked and vesting positions carry over unchanged. In parallel, Walrus becomes the default storage layer for DATA Foundation applications.

Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the original contributor to Sui and Walrus, said: “The AI industry has reached the point where the open internet has been read, and the next frontier is defined by access to datasets with the consent and provenance that regulators require. Sui and Walrus were built to be the home where AI data is stored, licensed, and paid for, capable of operating at the scale these systems demand. The migration of DATA Network and Trace to our stack now brings massive volumes of high-quality, rights-cleared data that is already serving the world’s frontier AI labs.”

SY Lee, Chairman of Poseidon and CEO of PIP Labs, said: “The next generation of AI will be trained on data that lives with people rather than on the open web, and that data needs consent and provenance built in, along with a way to pay the people it comes from, and Trace was built to be that layer. It now becomes part of the Sui stack alongside Walrus, backed by one of the strongest engineering organizations in the industry and with Sui Foundation as the network’s largest strategic holder. This is the right home for the network we built, and I am looking forward to helping Sui make it the data layer for AI.”

Andrea Muttoni, CEO of DATA Foundation, said: “Training data is critical for continuously expanding the frontier, and making sure it is traceable, auditable and cleared to use is just as important for AI safety as it is a precursor for data quality. With Trace, we have been tracking hundreds of millions of data assets. Joining forces with Sui now allows us to build out more of the stack, offering more than just an audit trail, like encrypted reference file storage and potentially fully verifiable TEEs for evals and fine tunings in the future.”

The existing DATA Network will continue to operate until the upgrade is complete, and a detailed timeline and holder transition plan will be published prior to the upgrade.

About DATA Foundation

DATA Foundation supports the DATA Network, the protocol for tracking provenance of the real-world data AI models need. Through Trace, each contribution is registered with its provenance receipt and a full audit trail. Applications building on the network include Kled, Numo, Oto, and others. Formerly Story Foundation, the organization refocused on AI training data in June 2026. The DATA Network is being upgraded to run as a protocol on Sui.

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for onchain finance and agentic infrastructure. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and verifiable. Sui’s primitives offer everything necessary to create high-performance finance and AI-native applications. Learn more at sui.io.

About Walrus

Walrus is the data platform built for the demands of AI. It lets builders, enterprises, and AI agents move data across apps and models, protect it with built-in access rules, and make it verifiable by anyone. As AI takes actions with consequence, the data it runs on has to be provable. Created by the cryptographers and distributed systems engineers behind Sui and Meta’s first stablecoin initiative. walrus.xyz

Media contacts

DATA Foundation: datafoundation@150bond.com 

Sui Foundation: comms@sui.io 

Contact

Head of Communications
HV
DATA Foundation
henri.vues@piplabs.xyz

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The World’s Best Magazine Releases Issue 16 – October 2026 Edition, Excellence in Action

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The World’s Best Magazine Releases Issue 16 – October 2026 Edition, Excellence in Action

Australia, 10th Oct 2026, Grand Newswire –
 

The World’s Best Magazine has released Issue 16, the October 2026 edition, under the theme Excellence in Action: Where Knowledge, Leadership and Human Potential Shape a Better Future.

The edition examines leadership, education, wellness, health and human performance, focusing on how knowledge is applied, how learning approaches evolve and how innovation informs professional practice.

Four cover stories address these subjects. Future-Shaping Excellence examines how approaches to excellence respond to changing circumstances and emerging opportunities. Leaders Turn Expertise Into Action considers the application of professional knowledge in leadership and decision-making.

Rethinking How We Learn explores approaches to learning and the role of adaptation in education and development. On Wellness, Health & Human Performance: Ethical and Effective Innovations examines innovation in health and human performance, including the consideration of ethics and effectiveness.

Across its cover stories and interviews, Issue 16 considers how knowledge, experience and learning inform decisions and practices across different fields. The edition brings these subjects together under the theme of applying expertise and developing human capabilities.

The October 2026 edition forms part of The World’s Best Magazine’s coverage of people, ideas and work across professional and creative fields. More details about this announcement can be found via the website of The World’s Best Magazine. 

About The World’s Best Magazine

The World’s Best Magazine is a publication featuring interviews, articles and cover stories about people, ideas, work and developments across a range of fields. Its editorial coverage includes leadership, education, business, health, creativity and human potential. The magazine publishes editions that examine the experiences, practices and ideas shaping professional and creative activities.

 

Media Contact

Organization: The World’s Best Magazine

Contact
Person:
The World’s Best Magazine

Website:

All About What’s Great

Email:

info@theworldsbestmagazine.com

Country:Australia

The post The World’s Best Magazine Releases Issue 16 – October 2026 Edition, Excellence in Action
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It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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Press Release

Malmö Project Outlines Business Proposal Development and Project Funds Management Activities in the Netherlands

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Netherlands, 10th Oct 2026 — The Malmö Project, presented by Audrius Razma under the Project Funds Manager designation at Ossendrecht Contract, outlines an approach to business project proposal development, investment-related research, and the coordination of professional support services. The initiative is documented on the project’s online platform, where readers can explore its stated objectives and the resources associated with its activities.

The project information is published on the website of Audrius Razma and references Malmö as the focus of its business proposal activities. It describes the use of publicly available company information to develop commercial project proposals that may be presented to businesses for consideration and potential financing.

Business Research and Project Proposal Development

A central element of the Malmö Project is the preparation of business proposals informed by company information. The published material encourages readers to examine lists of businesses identified as potential investment opportunities and use relevant information to develop structured project proposals.

Business proposal development typically involves understanding a company’s activities, identifying potential commercial opportunities, assessing resource requirements, and presenting a clear rationale for a proposed initiative. A well-organized proposal can help prospective business partners evaluate the purpose, feasibility, and expected costs of a project before deciding whether to participate.

The project’s stated approach places emphasis on commercial awareness and the preparation of written material based on available business information. Such work requires careful research, transparent assumptions, and clear documentation of any projected financial outcomes.

Companies and individuals considering a proposal should independently verify the information used, assess the associated risks, and establish the terms of any potential funding arrangement before making financial commitments.

The Role of Project Funds Management

Audrius Razma is identified in the published material as the Project Funds Manager associated with Ossendrecht Contract. The role provides an administrative framework for the project’s discussion of funding proposals, portfolio documentation, and financial coordination.

Project funds management generally involves organizing financial records, documenting proposed allocations, monitoring project-related expenditures, and maintaining information that supports financial reviews. These activities can help stakeholders understand how a project is structured and what resources may be required for its implementation.

Clear documentation is particularly important when proposals involve multiple companies, external service providers, or prospective funding partners. Written agreements, verifiable records, and clearly defined responsibilities can help establish expectations and support informed decision-making.

Professional Support and Documentation

The online material also references professional services relating to legal assessments, translation, accounting reviews, investigative research, and the preparation of supporting reports. These services are presented as potential resources for individuals seeking assistance with complex administrative, financial, or legal matters.

Depending on the circumstances, professional support may help individuals organize documents, understand procedural requirements, review financial information, or prepare materials for consultation with qualified advisers.

Legal matters involving compensation claims, business liabilities, insolvency, or disputes with public authorities require an assessment of the relevant facts and applicable law. Outcomes depend on the evidence, jurisdiction, and individual circumstances. Individuals should therefore seek advice from appropriately qualified professionals before relying on potential compensation estimates or pursuing legal action.

Similarly, investment proposals should be reviewed carefully, with attention to the identity of the parties involved, the source and availability of funds, the proposed terms, and any associated risks.

Accessing Information About the Malmö Project

The project page provides the primary reference for readers interested in reviewing the Malmö Project’s published information. It outlines the proposal-development concept and identifies the associated project-management contact.

The initiative is presented in the context of business research, funding-related documentation, and coordination with professional service providers. Its practical application will depend on the details of individual proposals, the reliability of supporting information, and the terms agreed upon by the relevant parties.

Readers can consult the published page to learn more about the project’s stated approach and determine whether further clarification is required before entering into any business or financial arrangement.

Project Contact Information

Project: Malmö Project

Position: Project Funds Manager

Organization: Ossendrecht Contract Hiroshima Office Press Dansk Systems Syndikat Inc Roosendaal Journaal

Contact Person: Audrius Razma

Email: razmaaudrius@yahoo.com

Country: Netherlands

Website: https://tomashelpiai.blogspot.com/2026/08/niet-40.html

Media Contact

Organization: Ossendrecht Contract Hiroshima Office Press Dansk Systems Syndikat Inc Roosendaal Journaal

Contact Person: Audrius Razma

Website: https://tomashelpiai.blogspot.com/2026/08/niet-40.html

Email: Send Email

Country: Netherlands

Release id: 49837

View source version on King Newswire:
Malmö Project Outlines Business Proposal Development and Project Funds Management Activities in the Netherlands

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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