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

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5 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/

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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

Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape 30 Minutes from Osaka Namba

Published

8 minutes ago

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July 31, 2026

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Just 30 minutes from Osaka Namba by Kintetsu Railway, Ikoma Sanjo Amusement Park offers panoramic views of Osaka and Nara, free admission, nostalgic rides, and one of Japan’s oldest cable cars.

Osaka, Japan, 31st Jul 2026 – Operated by Kintetsu Group Holdings Co., Ltd., Ikoma Sanjo Amusement Park invites visitors to enjoy free admission, nostalgic attractions, and panoramic views of Osaka and Nara. Conveniently located just 30 minutes from Osaka Namba via Kintetsu Railway, the park is also accessible by one of Japan’s oldest cable car lines.

Site Overview

1. Panoramic Views from 642 Meters Above Sea Level

Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape Just 30 Minutes from Osaka Namba

The iconic retro Flying Tower, one of the park’s most popular attractions

Ikoma Sanjo Amusement Park sits atop Mount Ikoma at an elevation of 642 meters, offering spectacular views across the Osaka Plain and the Nara Basin. On clear days, visitors can even see Osaka Bay, while sunset and nighttime scenery make the experience equally memorable. Among the many Osaka attractions, Ikoma Sanjo Amusement Park offers one of the region’s most spectacular panoramic views.

 

2. Free Admission for Flexible Sightseeing

An amusement park that young children can also enjoy

Admission is free, making it easy to visit simply to enjoy the scenery or take a leisurely walk. Attractions operate on a pay-per-ride ticket system, allowing travelers to choose rides that suit their schedule and budget.

 

3. Nostalgic Attractions for All Ages

Open at night for a limited period, including during the summer vacation season

The park features a variety of classic attractions, including the historic Hikōtō (Flying Tower)—considered one of Japan’s oldest large-scale amusement rides—as well as the popular Cycle Monorail. Families, couples, and visitors of all ages can enjoy a nostalgic amusement park experience, making it one of the charming amusement parks in Japan.

 

4. The Journey Is Part of the Experience

Ride the adorable animal-themed cable car to the amusement park

From Kintetsu Ikoma Station, it’s a three-minute walk to Torii-mae Station, where visitors board the Ikoma Cable. After one transfer, the ride reaches Ikoma Sanjo Station, the park’s gateway. The adorable animal-themed cable cars are especially popular with international visitors, making the trip itself a memorable part of things to do in Osaka.

 

5. Visitor Information

Operating season: Early March to early December (closed during winter)

Opening hours: Normally 10:00 a.m.–5:00 p.m. (On select days from mid-July through late August each year, business hours are extended until approximately 9:00 p.m.)

Admission: Free

Ride tickets: Purchased individually for each attraction

Conveniently located just 30 minutes from central Osaka, the park is also an excellent choice for day trips from Osaka.

 

6. Official Links

Official Website
https://www.ikomasanjou.com

Official Instagram
https://www.instagram.com/ikomasanjou

Media Contact

Organization: Kintetsu Group Holdings Co., Ltd.

Contact Person: Rina Hamamoto

Website: https://www.kintetsu-g-hd.co.jp/lang/english/

Email: Send Email

Address:6-1-55 Uehommachi, Tennoji-ku, Osaka 543-8585

City: Osaka

Country:Japan

Release id:47799

The post Osaka Attractions: Ikoma Sanjo Amusement Park, a Hidden Scenic Escape 30 Minutes from Osaka Namba 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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OCTOS Merges Memecoin Culture with Real Gaming Utility to Redefine Crypto Play

Published

8 minutes ago

on

July 31, 2026

By

United States, 31st Jul 2026 – A new standard is emerging in the cryptocurrency space with the introduction of OCTOS, a project built on the BNB Smart Chain that seeks to solve one of the most persistent dilemmas in the digital asset market: the memecoin paradox. Driven by the philosophy that while memes have the power to bring people together, only true utility gives them a reason to stay, the team behind OCTOS has officially outlined its vision to bridge community-driven momentum with genuine, everyday use cases.

The origins of OCTOS stem from a deep observation of the cryptocurrency market’s evolution over the last fifteen years. Early digital currencies like Bitcoin initially faced skepticism regarding their practical use, yet eventually achieved undeniable market viability through collective human choice and social consensus. In recent years, the explosion of the memecoin sector proved that tokens built on humor, culture, and momentum could build enormous, borderless communities and achieve staggering market valuations. However, many of these tokens lacked practical applications, leaving holders with assets whose sole purpose was speculative trading.

OCTOS was designed to break this cycle. At the core of the project is a distinct mission: Creating marketability with memecoin and expanding utility through participation.

Rather than viewing market attention and utility as mutually exclusive, OCTOS aims to synthesize the two. The project recognizes that while collective belief and market consensus give an asset the opportunity to exist, it is the responsibility of the creators to provide a compelling reason for that asset to endure.

Play as Genuine Utility

Rejecting the notion that every blockchain project must reinvent global finance to be valuable, OCTOS embraces a fundamental human truth: people seek out entertainment, form emotional connections with games, and value shared experiences. Therefore, the ecosystem has adopted “play” as its primary utility.

By integrating OCTOS into games, digital events, and collaborative entertainment, the token transforms from a speculative asset into a functional currency. The first working example of this initiative is Space Ladder, an interactive game deployed within the OCTOSDAO ecosystem. Space Ladder serves as the inaugural proof-of-concept, allowing users to actively utilize their tokens in a highly engaging digital environment.

The Vision for OCTOSDAO: An Autonomous Community

While the developers have built the initial framework, the ultimate destination for the project is OCTOSDAO, a fully decentralized and autonomous community. The creators envision a future where OCTOS is not managed by a single central operator, but rather by the token holders themselves.

In this decentralized future, participants will have the power to propose new games, organize global events, and engineer novel use cases for the token. The ecosystem is designed to be cyclical and self-sustaining: greater utility attracts new participants, and those new participants, in turn, inspire the creation of more games and events. Through this continuous loop of engagement, OCTOS aims to build long-lasting market viability.

“A token may begin as a meme, but when enough people recognize its price, choose to hold it, and willingly exchange it, it becomes a market asset created through collective belief,” a representative for OCTOS shared, reflecting on the project’s foundational ethos. “However, market recognition does not release token creators from responsibility. OCTOS exists to ensure that the attention generated by a meme is ultimately connected to real use. OCTOS is not built by belief alone; it is built through participation.”

A Transparent Path Forward

Currently in its early stages of development, the OCTOS team remains committed to transparency, choosing to focus on building actionable utility rather than making speculative promises about price appreciation or exchange listings. The project’s immediate focus remains on delivering real value: one game, one event, and one community contribution at a time.

As OCTOS continues to grow, it invites cryptocurrency enthusiasts, gamers, and creators worldwide to join a living digital asset that is used, enjoyed, and continuously expanded by its community.

For more information about OCTOS, its underlying philosophy, and upcoming developments, please explore the official links below.

Official Information & Links:

Media Contact

Organization: OCTOS

Contact Person: Media Relations

Website: https://octos.space/

Email: Send Email

Country:United States

Release id:47736

The post OCTOS Merges Memecoin Culture with Real Gaming Utility to Redefine Crypto Play 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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Tokyu Stay Shinjuku hotel reopen on Sep 29 2026, offering a place to connect with Shinjuku culture

Published

8 minutes ago

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July 31, 2026

By

Tokyu Stay Shinjuku, a new base for travelers, will begin taking reservations from April 10, 2026.

Tokyo, Japan, 31st Jul 2026 – Tokyu Stay Shinjuku has announced that it will reopen it doors on September 29, 2026. The Shinjuku 3-chome area, with its dazzling retro streets, has a unique culture even compared to rest of Tokyo and even other areas of Shinjuku. From cinemas and vintage cafes to traditional theaters and lively dining establishments, this area where Japanese culture and daily life intersect is the home of Tokyu Stay Shinjuku, a Tokyo boutique hotel to serve as a new base for travelers visiting the area.

■ The creative Sankado Square, where the town’s heat and lingering atmosphere intertwine

The creative Sankado Square, where the town’s heat and lingering atmosphere intertwineThe creative Sankado Square, where the town’s heat and lingering atmosphere intertwine

The hotel is designed based on the concept of Sankado Square. As soon as visitors set foot inside the Boutique hotel, a space inspired by Shinjuku 3-chome sprawls out all around them. Standing at 14 stories tall, the first floor contains the lobby and reception, while the second floor consists of a guests-only lounge, restaurant, and some guest rooms. The common areas are designed using motifs associated with Shinjuku, such as cinemas, cafes, and traditional theaters, capturing the heat and lingering atmosphere of the area. The majority of guest rooms are located on floors 3 through 13, with each floor consisting of 10 rooms (six double rooms, three triple rooms, and one quad room), with the 14th floor is home to one conceptual room offering an exceptional view of the city and four double rooms. There are a total of 120 rooms, with a maximum capacity of 300 guests.
*These 120 rooms include one universal room

■ An exciting, special stay at “Re:cord Lounge”

An exciting, special stay at “Re:cord Lounge”

Tokyu Stay Shinjuku is a Hotel with lounge. “Re:cord Lounge” is a retro space inspired by jazz clubs for guests only, open from 7:00 A.M. to 9:00 P.M. In the morning (from 7:00 to 11:00 A.M.), “Croque-Monsieur” provides an English-style fried egg breakfast buffet. Take-out boxes are available, so guests can eat in their rooms as well. From 11:30 A.M., the lounge is open for free use, allowing guests to choose records, make their own melon sodas, and enjoy various items from the cafe menu. There are also cocktails, mocktails, and sparkling wine available.

■ A wide variety of guest rooms

The guest rooms are designed based on the concept of a studio. These compact yet comfortable guest rooms feature a sophisticated color palette and a layout that allows for a flexible, free-spirited style of stay, creating a creative atmosphere akin to an artist’s studio.

■ 3chome Collective TWIN

This is a concept room that embodies the culture of Shinjuku, drawing inspiration from theaters, cinemas, bar-hopping, and traditional story-telling houses, allowing guests to experience the charm of the area in their room. Each aspect of the interior is carefully selected, including authentic seating and fabrics, from a large screen for immersive viewing, to a counter inspired by Japan’s bar-hopping culture, and a comfortable sofa for relaxation.
Capacity: 4
Area: 39 m2
Amenities: Bed (110 cm wide), kitchen, microwave, washer-dryer, separate bathroom

■ Signature Family

Signature Family guest rooms

These guest rooms offer a sense of true privacy, with only one unit per floor (levels 3 through 13). The spacious 47-square-meter layout provides ample space to fully open suitcases, making it ideal for groups. Guests can relax on 110-centimeter wide beds and utilize the kitchen and microwave to prepare light meals or reheat takeout. A washer-dryer allows for a hassle-free experience during extended stays, while the separate bathroom layout ensures convenience for multiple guests.
Capacity: 4
Area: 47 m2
Amenities: Bed (110 cm wide), kitchen, microwave, washer-dryer, separate bathroom

■ Deluxe Twin

A 30-square-meter space based on the concept of a studio, this room is centered around the living area.

A 30-square-meter space based on the concept of a studio, this room is centered around the living area.
Capacity: 3
Area: 30 m2
Amenities: Bed (110 cm wide), kitchen, microwave, washer-dryer, separate bathroom

■ Deluxe King

A spacious room where guests can experience the culture of Shinjuku 3-chome

A spacious room where guests can experience the culture of Shinjuku 3-chome
Capacity: 2
Area: 23 m2
Amenities: Bed (180 cm wide), microwave, washer-dryer, separate bathroom

■ Superior Queen

The standard model, this room is compact without sacrificing comfort.
Capacity: 2
Area: 15 m2
Amenities: Bed (160 cm wide), microwave, washer-dryer, separate bathroom

■ Details of Tokyu Stay Shinjuku
Opening: September 29, 2026
Address: 3-7-1 Shinjuku, Shinjuku Ward, Tokyo
Access: 8-minute walk from JR Shinjuku Station East Exit
1-minute walk from Shinjuku 3-chome Station on the Toei Shinjuku and Tokyo Metro line
Official Website: https://www.tokyustay.co.jp/hotel/SJ/
Official Instagram: https://www.instagram.com/tokyustay_connected/

■ About Tokyu Stay
Based on the concept of “Stay Connected,” Tokyu Stay connects people with the local area and culture all around Japan, offering stays that lead to new discoveries and reconnecting with oneself.
Official Website: https://www.tokyustay.co.jp/

Media Contact

Organization: Tokyu Resorts & Stays Co., Ltd.

Contact Person: Kana Shibata

Website: https://www.tokyu-rs.co.jp/

Email: Send Email

Address:Shibuya Dogenzaka Tokyu Building 1-10-8 Dogenzaka, Shibuya-ku

City: Tokyo

Country:Japan

Release id:47748

The post Tokyu Stay Shinjuku hotel reopen on Sep 29 2026, offering a place to connect with Shinjuku culture 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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