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

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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/

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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

Simi Khanna Launches Simi Beauty SK: A Natural Skincare Line Blending Luxury, Wellness, and Purpose

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3 hours ago

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February 7, 2026

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Houston, Texas, United States, 7th Feb 2026 – Entrepreneur and beauty industry professional Simi Khanna has officially launched her new brand, Simi Beauty SK, a natural skincare line designed to bring together luxury, affordability, and wellness in one holistic experience.

Raised in the vibrant and culturally rich city of London, England, Simi’s journey began in fashion, where she studied Fashion Marketing and launched her first business at 24, collaborating with artisans and manufacturers in Jaipur, India to supply high-end boutiques. After years in the beauty industry, she turned her passion and expertise into creating skincare products that are simple, effective, and rooted in nature.

“I wanted to create skincare that feels luxurious yet is accessible to everyone,” said Simi Khanna, Founder of Simi Beauty SK. “My goal is to give people the opportunity to care for their skin with products free of chemicals and synthetics, while also making choices that are good for their health and for the planet.”

The brand’s philosophy is built on synergy with nature. Each formulation is designed as a sensory experience, allowing the skin to absorb plant-based nutrients that promote healing and radiance. Beyond personal care, the company contributes 1% of all sales to tree planting initiatives, reinforcing its commitment to sustainability.

Simi Beauty SK is positioned as an inclusive line for women, men, and younger users who value wellness and conscious living. With future plans to expand into hotels, spas, and retailers, the brand aims to bring luxury natural skincare into spaces where self-care and holistic living are celebrated.

“Launching Simi Beauty SK is more than just starting a skincare line. It’s about inspiring others to keep dreaming and never give up, no matter where they are in life,” Khanna added.

With its launch, Simi Beauty SK introduces a brand narrative rooted in resilience, empathy, and authenticity. Each product reflects Simi Khanna’s mission to empower people to make conscious choices for their well-being, while enjoying the indulgence of luxury skincare.

 

About Simi Beauty SK

Founded by Simi Khanna, Simi Beauty SK is a Houston-based skincare brand offering affordable luxury products crafted with natural ingredients. Guided by a mission to promote wellness, authenticity, and sustainability, the brand donates 1% of sales to tree planting projects. Simi Beauty SK is more than skincare, it is a holistic experience designed to nurture both the skin and the spirit.

Instagram: @simibeautysk

Media Contact

Organization: Simi Beauty SK

Contact Person: Simi Khanna

Website: https://www.simibeautysk.com/

Email:
Simikhanna11@gmail.com

Contact Number: +18322650909

City: Houston

State: Texas

Country:United States

Release id:41092

The post Simi Khanna Launches Simi Beauty SK: A Natural Skincare Line Blending Luxury, Wellness, and Purpose 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

STL Retain Wall Install Pros Sets the Standard for Retaining Wall Installation in St. Louis

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3 hours ago

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February 7, 2026

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United States, 7th Feb 2026 — STL Retain Wall Install Pros, a leading retaining wall company in St. Louis, is proud to announce its continued commitment to providing superior retaining wall installation in St. Louis. With decades of combined experience, the company has become the trusted choice for homeowners, builders, and commercial property developers seeking durable, aesthetically pleasing, and engineered retaining wall solutions.

As urban development and landscaping demands grow, properly designed and constructed retaining walls have never been more critical. They prevent soil erosion, improve drainage, protect foundations, and add visual appeal to outdoor spaces. STL Retain Wall Install Pros specializes in custom-designed walls that meet the unique terrain and weather challenges of the St. Louis area, including clay soils, hillside slopes, and freeze-thaw conditions.

“Our mission has always been to deliver retaining walls that are built to last for generations while enhancing the beauty and functionality of every property,” said Ronnie Stage, owner of STL Retain Wall Install Pros. “Whether it’s a residential garden wall, a terraced backyard, or a heavy-duty structural retaining wall, our team provides precision-engineered solutions that homeowners and businesses can trust.”

Comprehensive Retaining Wall Services

STL Retain Wall Install Pros offers a complete range of retaining wall services including:

  • Residential and Commercial Retaining Wall Installation – From small garden walls to multi-tiered structural walls, the team ensures every project is engineered for long-term durability.
  • Erosion Control and Drainage Solutions – Expert installation of perforated drain pipes, gravel backfill, geogrid reinforcement, and waterproof membranes ensures walls remain stable through heavy rain and soil movement.
  • Decorative and Functional Landscaping – Customers can choose from natural stone, concrete blocks, timber, gabion walls, and other materials to create a customized outdoor look.
  • Patios, Pergolas, and Outdoor Living Spaces – Integrated designs combine retaining walls with patios, outdoor kitchens, and garden features for both functionality and style.

Every project begins with a thorough site evaluation and soil analysis, followed by a tailored design and material selection. STL Retain Wall Install Pros’ engineering-first approach includes proper excavation, soil compaction, drainage planning, and reinforced construction to guarantee structural integrity.

Why Choose STL Retain Wall Install Pros

  • Licensed & Insured – Professional installation for residential and commercial projects.
  • Specialized Expertise – Expertise in concrete block, stone, modular, timber, and segmental retaining walls.
  • Dependable Service – Reliable scheduling and minimal disruption for homeowners and businesses.
  • Free Consultations & Quotes – Transparent pricing with detailed recommendations.

“Retaining walls are more than just structural necessities—they’re design statements that enhance property value and usability,” said Stage. “Our goal is to provide every St. Louis property owner with a wall that is both beautiful and built to last.”

STL Retain Wall Install Pros proudly serves the St. Louis metropolitan area, including Chesterfield, Kirkwood, Webster Groves, Ballwin, Fenton, St. Charles, Sunset Hills, Arnold, and Maryland Heights.

For more information or to schedule a free consultation, visit www.stlretainwallinstall.com or call +1 314-922-9604.

About STL Retain Wall Install Pros

STL Retain Wall Install Pros is a trusted retaining wall company in St. Louis specializing in engineered retaining walls, drainage solutions, and outdoor landscaping projects. With decades of experience and hundreds of successful installations, the company is committed to delivering quality craftsmanship, reliable service, and innovative solutions for residential and commercial properties.

Media Contact

Organization: STL Retain Wall Install Pros

Contact Person: Ronnie Stage

Website: https://www.stlretainwallinstall.com/

Email: Send Email

Contact Number: +13149229604

Address:1106 Waycross Pl, Arnold, MO

Country:United States

Release id:41122

The post STL Retain Wall Install Pros Sets the Standard for Retaining Wall Installation in St. Louis 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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More Than Accountants Brings Proven UK Success to the UAE: Launching Fixed-Fee, Proactive Accounting Services Across the Emirates

Published

3 hours ago

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February 7, 2026

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United Arab Emirates, 7th Feb 2026 – More Than Accountants, a UK-based accounting firm renowned for its proactive and client-focused approach, is expanding its services to the United Arab Emirates, bringing a fresh, fixed-fee accounting solution designed to support businesses across Dubai, Abu Dhabi, Sharjah, Al Ain, and other Emirates. The firm’s entry into the UAE market signals a new era of transparent, all-inclusive accountancy services tailored to meet the needs of small to medium-sized companies in both Mainland and Free Zone sectors.

With over 5,000 satisfied clients in the UK, More Than Accountants has built a reputation for delivering unlimited accounting support, accurate bookkeeping, VAT and corporate tax filings, payroll management, audit coordination, and detailed financial reporting—all for a predictable, fixed monthly fee. The company’s signature service model is designed to reduce financial stress for business owners, allowing them to focus on growth while ensuring compliance with local regulations.

“Our goal is simple,” said James Duffy, UAE Managing Director of More Than Accountants. “We provide businesses with a full suite of accounting services under one fixed-fee package, removing the uncertainty and hidden costs that often come with traditional accountancy services. Companies in the UAE can now enjoy the same high-quality support that has made our UK services so successful.”

Comprehensive Accounting Solutions for Every Business Type

More Than Accountants UAE offers specialized services to support different company structures, including Limited Liability Companies, Mainland businesses, and Free Zone entities. Key services include:

  • Company Accounts & Bookkeeping: Accurate, timely recording of all financial transactions using cloud-based Zoho Books software integrated with Akrio Receipt Reading Technology.
  • VAT & Corporate Tax Filing: Full management of VAT registration, reporting, and corporate tax obligations, ensuring compliance with Federal Tax Authority requirements.
  • Audit Coordination: Liaising with auditors to prepare audit-ready financial statements and coordinate the audit process.
  • Payroll Services: Comprehensive management of employee payroll, including salaries, benefits, and statutory compliance.
  • Unlimited Accountant Support: Direct access to qualified accountants via phone and email, with a three-hour response time to all enquiries.
  • Management Reports & Tax Advice: Monthly or quarterly reporting to provide business insights, coupled with proactive tax guidance to optimize company performance.

Unlike conventional accounting services, More Than Accountants UAE emphasizes a proactive approach, offering regular advice to help businesses reduce tax liabilities, improve financial decision-making, and maximize profitability.

Seamless Transition for Businesses

The firm ensures a smooth onboarding process, handling all communications with previous accountants and the FTA where necessary. Businesses transitioning to More Than Accountants can expect minimal disruption, with all accounting and tax matters brought up to date promptly.

Trusted by Hundreds of Businesses Across the UAE

Early adopters of More Than Accountants UAE have praised the firm for its professionalism, responsiveness, and comprehensive support. Clients highlight the firm’s ability to simplify complex accounting tasks and provide tailored guidance to improve financial health. With glowing reviews across Google and Trustpilot, the firm is rapidly becoming a preferred partner for UAE businesses seeking dependable and transparent accounting services.

About More Than Accountants UAE

More Than Accountants UAE is part of the internationally recognized More Than Accountants group, bringing UK accounting expertise to the UAE. The firm specializes in fixed-fee, unlimited accounting packages that include bookkeeping, corporate tax, VAT, payroll, financial reporting, audit coordination, and proactive business advice.

For more information or to generate a personalized quote, visit https://www.morethanaccountants.ae or contact James Duffy at info@morethanaccountants.ae.
Website: https://www.morethanaccountants.ae
Phone: +971 54 796 3976

Media Contact

Organization: More Than Accountants UAE

Contact Person: James Duffy

Website: https://www.morethanaccountants.ae/

Email: Send Email

Country:United Arab Emirates

Release id:41112

The post More Than Accountants Brings Proven UK Success to the UAE: Launching Fixed-Fee, Proactive Accounting Services Across the Emirates 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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