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

Published

4 years ago

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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/

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Ulanzi Falcam TreeRoot Quick-Lock Travel Tripod R141K-320P has been honored with Red Dot Award: Product Design 2025

Published

32 minutes ago

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December 18, 2025

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United States, 18th Dec 2025, – Founded in 2020, FALCAM focuses on its proprietary quick-release system, establishing an integrated ecosystem that spans camera mounting, carrying solutions, and tripod systems — FALCAM is redefining how creators interact with their equipment. As an industry leader in systemized quick-release solutions, FALCAM empowers photographers to mount, reconfigure, and switch gear in seconds, dramatically boosting b m oth workflow efficiency and on-set comfort.

Preface:

FALCAM TreeRoot Quick-Lock Travel Tripod (R141K-320P) is an innovative solution that integrates Reuleaux triangle tube and quick release system. Featuring stability, convenience and portability, it redefines the design of photography tripods. With its groundbreaking innovations and flagship capabilities, it has been honored with “Red Dot Award: Product Design 2025”.
 

Camera on a tripod in a desert landscape with red rock formations.

Product Introduction:

With its core designs—Reuleaux triangle tube, 1/3 quick lock, F38 Pro quick release trigger inverted ball head, quick release center column, and all-terrain foot spikes — this TreeRoot tripod offers portability and stability, easy operation, and wide use across any terrain. When you embark on a journey or snap on the street, the TreeRoot tripod is always ready to offer stable support, letting you focus on creation, not your gear.

Key Features:

Reuleaux Triangle Tube: More Portable & Stable

TreeRoot (R141K-320P) adopts Reuleaux triangle tube and integrates the advantages of shaped and round tubes, enhancing portability and stability. It ensures a clean, non-protrusion folding and an ergonomic grip, while maintaining stability. This achieves highly optimized storage efficiency without compromising stability when in use.

Camera mounted on a portable tripod set up in a rocky desert landscape.

M40 High Modulus Carbon Fiber: Stronger Tensile Strength & Higher Bend Resistance

The tubes are made of M40 high modulus carbon fiber, offering 60% harder than that of T300. It provides stronger tensile strength and bending resistance, ensuring reliable support for your creative works.

1/3 Quick Lock: Instant Setup & Smooth Operation

Simple one-third of a turn to lock or release the legs compared to the traditional tripods. The built-in quick-lock mechanism can prevent unintended disassembly caused by confusion in the locking direction, ensuring you never miss the meaningful moment.

F38 Pro Quick Release Trigger Inverted Ball Head: Broad Compatibility

Compatible with 90% of Arca-Swiss quick release plates, the quick release ball head supports “one press locking” operation. It contains adaptive limit pin and positioning groove for secure, anti-slip protection and simple installation, enabling fast and effortless setup for professional cameras and video rigs.

camera-lens-on-tripod-with-ice-crystals

Quick Release Center Column: Effortless Low-Angle Shooting

No tools needed, no hassle. Easily remove the column from the bottom and instantly switch to low-angle shooting.

Multi-Facet Rubber Footpads & Three-Prong Spikes: All-Terrain Stability

Designed for various shooting scenarios, TreeRoot integrates built-in three-prong spikes and multi-facet rubber footpads to protect the smooth floor. Remove the rubber footpads, and use the spikes for stable support on grass, sand, or even ice surfaces, perfect for low-angle shots.

A person using a camera on a tripod to photograph icy landscape by the ocean.

Specifications:

  • Model: R141K-320P
  • Material: Aluminum Alloy & Carbon Fiber
  • Net Weight: Approx. 1.5kg / 3.31lb
  • Maximum Vertical Load Per Leg (Static): Approx. 50kg / 110.23lb
  • Maximum Vertical Load (Center Column): 10kg / 22.05lb (center column extended) ; 20kg / 44.09lb (center column unextended)
  • Maximum Vertical Load (Ball Head): Approx. 5kg / 11.02lb
  • Leg Tube Diameter: 26*40.75mm，22mm，17.9mm，13.8mm
  • Leg Sections: 4
  • Maximum Height (center column extended): Approx. 1552mm / 61.1in
  • Maximum Height (center column unextended): Approx. 1305mm / 51.38in
  • Minimum Height: Approx. 168mm / 6.61in
  • Storage Length: Approx. 473mm / 18.62in

Pricing & Promotions:

https://www.ulanzi.com/products/treeroot-quick-lock-travel-tripod-t00a4301

$498.00 USD

20% Off

Media Contact

Organization: Ulanzi

Contact
Person: Media Relations

Website:

https://www.ulanzi.com/

Email:

service@ulanzi.com

Contact Number: 18098963697

Country:United States

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Ulanzi Falcam TreeRoot Quick-Lock Travel Tripod R141K-320P has been honored with Red Dot Award: Product Design 2025 appeared first on
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Press Release

OnlineBookClub.org Creator Scott Hughes Teams with Humacao Restaurant to Host Holiday Family Event in East Hartford, Connecticut

Published

32 minutes ago

on

December 18, 2025

By

 

United States, 18th Dec 2025 – OnlineBookClub.org founder Scott Hughes is bringing the holiday spirit to families in Connecticut with a special Children’s Book Expo & Holiday Party on Saturday, December 20th, from 1:00 PM to 5:00 PM at Humacao Restaurant & Lounge in East Hartford, CT.

The festive event promises fun for the entire family, featuring a host of activities and giveaways designed to inspire a love of reading while celebrating the holiday season. For just a $5 ticket, attendees will enjoy over $80 worth of experiences and goodies, including:

  • Face painting ($12.50 value)
  • Professional photo with Santa ($25 value)
  • Two free books of your choice ($30 value)
  • Goodie bag filled with toys, headphones, and more ($10+ value)
  • Raffle ticket for prizes, including a $25 Amazon gift card

“This event is a celebration of community, literacy, and family fun,” said Scott Hughes, founder of OnlineBookClub.org. “We are excited to partner with Humacao Restaurant to create a magical experience for children and parents alike, while also sharing the joy of reading and literature.”

OnlineBookClub.org, which Hughes founded in 2006 at the age of 19, has grown into a leading online platform connecting over six million readers and authors worldwide. The site offers free books, daily contests, and opportunities for members to earn by reviewing books, fostering a community where readers and writers can thrive.

Humacao Restaurant, a popular family-friendly dining destination in East Hartford, is providing the perfect venue for the expo, creating a festive environment where families can enjoy both entertainment and holiday cheer. Attendees can explore a variety of activities designed to engage children in literature while celebrating the season.

Tickets for the event are limited and available on a first-come, first-served basis through Humanitix. All proceeds from booking fees go directly to charity, in line with Humanitix’s mission to support communities in need.

Hughes is also an accomplished author of six books, including Justice: A Novella and Minimum Wage Millionaire (as Eckhart Aurelius Hughes), and continues to advocate for literacy and education through philanthropic initiatives and community engagement.

Fans and families can follow Scott Hughes on Instagram and Facebook, and learn more about OnlineBookClub.org at https://onlinebookclub.org.

About OnlineBookClub.org
 OnlineBookClub.org is a global platform connecting readers and authors, offering free books, daily contests, and opportunities to earn by reviewing novels. With a community of over six million registered members, the platform encourages literary discovery, discussion, and engagement for readers of all ages.

Media Contact:
Press@OnlineBookClub.org
(860) 327-5260

Media Contact

Organization: OnlineBookClub.org

Contact Person: Scott Hughes

Website: https://onlinebookclub.org

Email: Send Email

Country:United States

Release id:39271

The post OnlineBookClub.org Creator Scott Hughes Teams with Humacao Restaurant to Host Holiday Family Event in East Hartford, Connecticut appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Star Xun Introduces Credit-Based Participation Mechanism for Micro-Drama Promotion

Published

32 minutes ago

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December 18, 2025

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Star Xun Studio has introduced a new participation mechanism that allows users to support micro-dramas through a credit-based boosting system. The model records user contributions within the platform and allocates related revenue according to predefined distribution rules. By formalizing how exposure and participation are tracked, the mechanism aims to improve clarity around performance metrics and revenue sharing among creators and contributors in the micro-drama ecosystem.

Star Xun Studio has announced the launch of a new participation mechanism for micro-drama distribution, introducing a credit-based boosting system designed to formalize how audience participation contributes to content visibility and revenue allocation.

Under the model, platform users may apply internal credits to support selected micro-dramas, increasing their visibility across supported distribution channels within the Star Xun ecosystem. Each boosting action is recorded by the platform, creating a clear log of user participation and its relationship to exposure outcomes. According to the studio, the system is intended to link promotional activity with measurable engagement indicators in a more structured and transparent manner.

Revenue associated with a micro-drama—such as platform incentives, licensing income, or performance-based allocations—is distributed according to predefined platform rules. These rules outline how proceeds are shared among creators, production participants, and users who have contributed to promotion through credit usage. Allocation criteria are displayed within the platform interface, allowing participants to understand how distributions are calculated.

Star Xun stated that the mechanism was developed in response to ongoing challenges within the short-form content sector, where creators and contributors often face limited visibility into how exposure is generated and how revenues are shared. By standardizing participation records and revenue allocation logic, the platform aims to provide clearer operational transparency for all parties involved.

The studio noted that the participation mechanism is designed to support a more collaborative content environment, where audiences play a measurable role in content performance rather than remaining passive viewers. From a platform perspective, the system also enables more consistent evaluation of promotional effectiveness across different titles and campaigns.

In addition, Star Xun confirmed that further platform enhancements are in development. Planned updates include expanded analytics dashboards to help creators track performance trends, optional collaboration tools to facilitate structured supporter participation, and multi-language distribution pools to support wider regional reach. These features are expected to be introduced in stages following initial feedback from creators and early platform users.

According to the company, the long-term objective is to establish a more transparent and participatory distribution framework for micro-dramas, reflecting broader shifts in how digital entertainment platforms engage audiences and allocate value within creator-led ecosystems.

 

About Star Xun Studio

Star Xun Studio is a global micro-drama innovation collective focused on participatory content ecosystems, blockchain-enabled revenue distribution, and next-generation storytelling formats. Working with creators and communities across multiple regions, the team develops transparent digital frameworks that integrate user engagement, creative development, and on-chain economic models. Its mission is to build sustainable, inclusive, and community-driven entertainment for the global short-form landscape.

Media Contact

Organization: Star Xun Studio

Contact Person: Star Xun drama studio

Website: http://starxun.net

Email: Send Email

Country:United States

Release id:39115

The post Star Xun Introduces Credit-Based Participation Mechanism for Micro-Drama Promotion appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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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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