Press Release
OmArt : Infinite Rolling Auction enhances NFT Price Discovery Efficiency
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.

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:
- 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.

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
About Author
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.
Press Release
Joseph Grinkorn: Elon Musk and Starlink Could Take Over the Global Telecom Industry Within Three Years – Traditional Telecom Giants on Notice
Morris Group CEO Predicts a Massive Telecommunications Revolution as Satellite Technology Threatens to Make Traditional Cellular Networks Obsolete

NEW YORK, NY, USA – Joseph Grinkorn, investment expert and CEO of Morris Group, is making another bold prediction: Elon Musk’s Starlink could become one of the most powerful forces in global telecommunications, fundamentally changing how the world communicates within the next three years.
Grinkorn believes Musk is preparing to disrupt an industry that has been dominated for decades by traditional mobile carriers and Internet providers. With SpaceX’s rapidly expanding satellite network and Starlink’s direct-to-cell ambitions, the future of telecommunications may no longer depend on thousands of cellular towers and traditional infrastructure.
The numbers show how fast that network is growing. Starlink passed 12 million subscribers by mid-2026 and now operates more than 10,000 satellites in low Earth orbit. In 2025, SpaceX also agreed to acquire EchoStar’s AWS-4 and H-block spectrum licenses in a deal worth about $17 billion. U.S. regulators cleared the sale in May 2026, giving Starlink frequencies of its own for direct-to-cell service.
Grinkorn identifies several reasons why Starlink could become the next global telecommunications powerhouse:
- The End of Traditional Telecom Dominance: Starlink could challenge the business models of major cellular providers by delivering connectivity directly from space.
- A Global Mobile Network: Satellite-to-cell technology could eventually allow consumers to connect their smartphones virtually anywhere on Earth. SpaceX has already launched more than 600 direct-to-cell satellites.
- Internet Without Borders: Starlink has the potential to eliminate geographical limitations and bring high-speed connectivity to underserved markets worldwide. The service already reaches customers in more than 160 countries and territories.
- A Trillion-Dollar Industry at Risk: Traditional telecommunications companies could face enormous competitive pressure as satellite technology advances.
- Musk’s Next Billion-Dollar Revolution: Following the overhaul of electric vehicles and commercial spaceflight, Musk could now reshape the global communications industry.
- The Three-Year Window: Grinkorn believes the next three years could be critical in determining the future leaders of the global telecommunications market.
Joseph Grinkorn’s Statement
“Elon Musk isn’t simply building another Internet company. He’s building the infrastructure for the future of global communications. I believe we are approaching a point where satellites could fundamentally change the way the world connects.
Traditional telecom companies should be very concerned. Starlink has the potential to become a dominant global communications platform, and investors who underestimate this change could miss one of the biggest technological shifts of our generation.”
Grinkorn believes the telecommunications industry is approaching a historic turning point and that Starlink could emerge as one of the most important companies in the global technology and communications market.
What Comes Next
Carriers are already adjusting. EchoStar’s Boost Mobile customers are set to gain access to Starlink’s direct-to-cell service, and T-Mobile has worked with Starlink on satellite texting in the United States. SpaceX has also set a target of user speeds up to 150 Mbps for its upgraded direct-to-cell service.
Watch how fast carriers sign satellite partnerships and how quickly subscriber numbers climb. Those signals will show whether the three-year window Grinkorn describes is opening on schedule.
About Joseph Grinkorn & The Morris Group
Joseph Grinkorn is a Wall Street investment expert and entrepreneur with over 20 years of experience across banking, finance, and real estate. As the founder and CEO of Morris Group, he has built a reputation for accurate market predictions and forward-looking investment strategies. He is frequently featured in the financial press for his insights on equity markets, tariffs, and global trade. Over the past decade, Grinkorn has been actively involved in investments across a broad range of industries and sectors, successfully identifying opportunities and executing some of the most notable private-market transactions across the business and investment landscape.
Founded in 2007, Morris Group is an international investment firm headquartered in New York City. The company operates three divisions: Morris Group Financial, focused on equity investments in technology and social media companies; Morris Group Properties, specializing in high-return real estate investments; and Morris Group Funding, providing commercial financing solutions. With its data-driven approach, transparency, and commitment to growing client returns, Morris Group has established itself as a trusted leader in the investment sector.
Media Contact
Company Name: Morris Group
Phone: (646) 673-8404
Country: United States
Website: www.morris-group.co
About Author
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.
Press Release
CMS(867.HK/8A8.SG): Ruxolitinib Phosphate Cream Approved in Singapore, Filling Gap in Vitiligo Treatment
SHENZHEN, CHINA – China Medical System Holdings Limited (“CMS” or the “Group”) is pleased to announce that its subsidiary, Rxilient Medical received approval from the Health Sciences Authority of Singapore (HSA) on 3 November 2026 for the New Drug Application (NDA) of ruxolitinib phosphate cream (the “Product” or “Lumirix®”) for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age. It is the first and only topical prescription drug in Singapore that directly targets the pathophysiological mechanism of vitiligo[1], meeting a long-standing unmet clinical need.
This approval fills a gap in the field of vitiligo treatment in Singapore. In addition to Singapore, Rxilient Medical has already launched sales of Lumirix® (vitiligo indication) in Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan Region.
Since 2022, the Group has launched its “Industry Internationalization” strategy, using Singapore as its business hub in emerging markets to build a highly efficient and collaborative value loop across the entire industry chain of “R&D, production, and sales.” Rxilient Medical is the Group’s commercialization subsidiary for entering emerging markets. With “global localization” as its core strategy, it is committed to bringing innovative global therapies to emerging markets and benefiting local patients through its full-chain commercialization capabilities covering drug import, development, registration, and marketing. Rxilient Medical is operated by a professional and highly experienced localized team. Headquartered in Singapore, the company has established subsidiaries or offices in Hong Kong Special Administrative Region, Taiwan Region, Malaysia, Vietnam, the Philippines, Indonesia, Thailand, and the UAE. By the end of June 2026, Rxilient Medical had achieved sales for a cumulative total of 9 products across multiple countries and regions in Southeast Asia, and had cumulatively submitted marketing applications for more than 20 pharmaceutical products and medical devices, mapping out a robust and continuous product launch blueprint.
About Vitiligo
Vitiligo is a chronic autoimmune disease characterized by depigmentation of the skin, which results from the loss of pigment-producing cells known as melanocytes. It is estimated that approximately 0.7% of Singapore’s population suffers from vitiligo[2]. For decades, dermatologists in Singapore have relied on treatments such as steroids, calcineurin inhibitors, and phototherapy — therapies that fail to specifically or adequately target the pathogenesis of vitiligo. The approval of Lumirix® in Singapore represents the first drug specifically for the regeneration of pigment in non-segmental vitiligo, filling a gap in the field of vitiligo treatment.
More About Ruxolitinib Phosphate Cream
Ruxolitinib phosphate cream (Opzelura®), a novel cream formulation of the selective JAK1/JAK2 inhibitor ruxolitinib developed by Incyte, is the first and only drug approved for the repigmentation of non-segmental vitiligo by the U.S. Food and Drug Administration (FDA)[3]. In the U.S., ruxolitinib phosphate cream is indicated for the topical treatment of non-segmental vitiligo in adult and pediatric patients aged 12 years and older, and for the short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis (AD) in non-immunocompromised patients aged 2 years and older whose disease is not well controlled with topical prescription therapies, or when those therapies are not advisable. In Europe, ruxolitinib phosphate cream is approved for the treatment of non-segmental vitiligo in adults and adolescents aged 12 years and older with facial involvement, and moderate atopic dermatitis in adults whose disease remains inadequately controlled despite treatment with topical corticosteroids and topical calcineurin inhibitors[4].
In January 2026, ruxolitinib phosphate cream was approved for marketing by the National Medical Products Administration (NMPA) of China, becoming the first topical JAK inhibitor approved in China for the treatment of vitiligo, and has since been commercialized in China. Subsequently, in September 2026, the Product was approved for an additional indication of mild to moderate atopic dermatitis (“AD”), for the topical short-term and non-continuous chronic treatment of mild to moderate AD in non-immunocompromised adult and pediatric patients 2 years of age and older whose disease is not adequately controlled with other topical therapies or when those therapies are not advisable. This further expands the Product’s application in the field of dermatological diseases.
In two identical Phase III double-blind, randomized, placebo-controlled studies (TRuE-V1 and TRuE-V2) conducted overseas, the proportion of patients achieving the primary efficacy endpoint of at least 75% improvement in the Facial Vitiligo Area Score Index (F-VASI 75) after 24 weeks of treatment with ruxolitinib phosphate cream was 29.9% in both studies, significantly higher than the 7.5% and 12.9% in the placebo groups, respectively. Continued use up to 52 weeks showed sustained repigmentation[5].
The Group, through a subsidiary of Dermavon, entered into a Collaboration and License Agreement with Incyte for ruxolitinib phosphate cream on 2 December 2022, obtaining an exclusive license to develop, register and commercialize the Product in Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (the “Territory”) and a non-exclusive license to manufacture the Product in the Territory. The subsidiary of Dermavon has sublicensed the relevant rights for the Product outside Mainland China to the Group (excluding Dermavon and its subsidiary).
Incyte has worldwide rights for the development and commercialization of ruxolitinib phosphate cream, marketed in the United States and Europe as Opzelura®. Opzelura® and the Opzelura® logo are registered trademarks of Incyte. Lumirix® is a registered trademark of the Group.
About CMS
CMS is an innovative pharmaceutical company focused on the identification, building, and full lifecycle management of differentiated specialty pharmaceuticals. With a dual-engine approach of in-house R&D and collaborative R&D, and leveraging its core capability to build markets and brands from the ground up, CMS enables each medicine to fully realize both its clinical value and commercial value.
Focusing on unmet clinical needs, CMS efficiently advances the research, clinical development and regulatory approval of differentiated specialty medicines. Drawing on evidence-based medicine and long-standing expertise across specialty therapeutic areas, CMS establishes the medical positioning of its products. Through a professional academic promotion system, CMS drives clinical recognition and large-scale application of its products, translating clinical value into enduring brand competitiveness.
CMS focuses on specialty areas including cardiovascular-kidney-metabolic, central nervous system, gastroenterology, ophthalmology, and skin health. It continuously expands its product portfolio, fostering a tiered structure of marketed products and innovative pipeline candidates, and leverages its solid medical expertise and omni-channel commercialization network to drive the growth of new products. Within the Group, its skin health business, Dermavon, has grown into a leading innovative pharmaceutical company in China’s skin health sector. Meanwhile, CMS is expanding its international business with Southeast Asia as a base, advancing product introduction, registration and commercialization in line with local healthcare needs, while progressively optimizing its regional manufacturing footprint to strengthen localized operations and supply capabilities.
Reference:
2.Chan MF, Thng S. et al. Investigating factors associated with quality of life of vitiligo patients in Singapore, International Journal of Nursing Practice 2013; 19 (Suppl. 3), 3–10
3.The U.S. FDA approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-us-fda-approval-opzeluratm-ruxolitinib-cream
4.The EMA approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-european-commission-approval-opzelurar
5.The clinical studies information can be found on the Opzelura® official website, as follows: https://www.opzelura.com/opzelura-prescribing-information
CMS Disclaimer and Forward-Looking Statements
This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.
This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.
Media Contact
Brand: China Medical System Holdings Ltd.
Contact: CMS Investor Relations
Email: ir@cms.net.cn
Website: https://web.cms.net.cn/en/home/
About Author
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.
Press Release
Dubai Studio Astra Labs Passes 1,500 Custom Website Designs by Showing Small Business Owners a Finished Website Before They Pay
The studio designs a complete website concept from each business’s own photos, videos and words, so owners judge the real thing first and decide afterwards.
Dubai, United Arab Emirates, 4th Nov 2026 – Astra Labs, the website studio of Dubai media house LUX Media Network, has now created more than 1,500 custom website designs for real small businesses across the United States, the United Kingdom, Canada, Australia, Ireland and New Zealand. Founded in April 2026, the studio has built its approach around one simple idea. A small business owner should see their finished website before they are asked to pay for it.

For most small businesses, getting a new website still follows the same pattern it did twenty years ago. The owner explains what they need, pays a deposit, waits several weeks, and only then sees what they paid for. Many owners have been through that process at least once and come away with a site that looks like a template, does not sound like them, and is hard to change. As a result, a large share of local businesses keep running on websites that are years out of date, even when they know it is costing them customers.
Astra Labs reverses that order. Before any conversation about money, the studio designs a complete working website concept around the business. Its team studies the company’s existing site, social media, reviews and photography, then writes every page in the owner’s own voice and builds the design around their real work. The owner receives a live link and can click through the finished concept on their phone, the same way their customers would.
“Most small business owners have been burned by a website project at least once. They paid up front, waited, and got something that didn’t look like them,” said a spokesperson for Astra Labs. “We flipped that around. We do the work first, the owner sees their own business presented properly, and only then do we talk about starting. If they don’t like it, they’ve lost nothing but a few minutes.”
How the process works
The Astra Labs process is designed to remove the guesswork that usually surrounds a website project.
First, the studio builds the concept. Every site is hand built in custom code rather than assembled from a template or a page builder, which keeps pages fast on mobile and gives the studio full freedom over the design. The concept uses the business’s own photos and videos wherever possible, so owners see their own work, team and premises rather than stock images.
Second, the owner reviews it. Each concept includes a simple page where the owner can ask for any change, from a single line of text to a new section or a different photo. Changes are made with the owner until they are happy with every page.
Third, the site goes live on the business’s own domain. Astra Labs moves existing pages and redirects old addresses so that businesses keep the place they have already earned on Google. Enquiry forms, privacy pages and connections to the owner’s Google and Meta accounts are set up as part of the launch.
Clear pricing for small businesses
Astra Labs publishes its pricing openly. A typical custom website costs $499 in total. Owners start with $99, every change they ask for during the build is included, and the remaining balance is only due once they are happy with the result, before the site goes live on their domain. Where a business needs more, such as moving a large existing site, an online shop or online booking, the extra cost is shown up front on the concept itself, so there are no surprises later.
The studio also offers optional ongoing care after launch, covering hosting, security, updates and small monthly changes, for owners who prefer not to manage their website themselves. Owners who would rather host the site themselves can do so.
Built for local and service businesses
Astra Labs works mainly with local and owner-led businesses, including tradespeople, contractors, clinics, salons, photographers, coaches, restaurants, cleaning companies, consultants and specialist retailers. Many of these businesses earn most of their work through word of mouth and repeat customers, and their website is often the first thing a new customer checks before picking up the phone.
“A plumber, a dentist or a removals company doesn’t need a website that wins design awards,” the spokesperson added. “They need one that looks as good as the work they actually do, loads fast on a phone, and makes it easy for a customer to call or book. That’s what we design for.”
Because each concept is built from the business’s own material, no two sites look alike. The studio’s design library now spans hundreds of industries, from local trades and clinics to creative studios and hospitality.
A Dubai media house with a global client base
Astra Labs is part of LUX Media Network, a private media house based in Dubai, United Arab Emirates. LUX Media Network also operates BY LUX, a premium studio creating signature digital experiences for brands and founders. Together, the studios bring the standards of a full creative agency to businesses that have usually been priced out of that level of work.
The first Astra Labs client websites are now live on their own domains, and the studio continues to design new concepts for small businesses every week.
What comes next
Over the coming months, Astra Labs plans to expand its library of industry-specific designs and publish practical guides for small business owners on how to choose, plan and maintain a website that brings in customers. The studio will continue to offer every business a finished concept to see before any commitment.
Business owners who would like to see what their own website could look like can contact the studio through its website.
About Astra Labs
Astra Labs designs and builds custom websites for small and local businesses, showing each owner a finished concept built from their own content before they commit. Websites are hand built in custom code, shaped with the owner until they are happy, and launched on the business’s own domain. Astra Labs is part of LUX Media Network. Learn more at https://astralabs.store
About LUX Media Network
LUX Media Network is a private media house based in Dubai, United Arab Emirates. It operates the studios Astra Labs and BY LUX, creating digital presence and communication for businesses and brands worldwide. Learn more at https://luxmedianetwork.com
Media Contact
Organization: LUX MEDIA NETWORK
Contact Person: Jackson Clark
Website: https://astralabs.store/
Email: Send Email
City: Dubai
Country: United Arab Emirates
Release id: 50449
View source version on King Newswire:
Dubai Studio Astra Labs Passes 1,500 Custom Website Designs by Showing Small Business Owners a Finished Website Before They Pay
About Author
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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