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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

Pioneering Psychedelic Harm Reduction: Mushrooms.support Bridges the Gap Between Colorado’s Legal Reforms and Evidence-Based Psilocybin and DMT Education

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1 minute ago

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March 19, 2026

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DENVER, COLORADO – March 18, 2026 – As Colorado continues to lead the nation in progressive psychedelic legislation under the Natural Medicine Health Act (NMHA), a groundbreaking Denver-based platform is setting the global standard for safety, education, and integration. Mushrooms.support, operating under Lyman Support Centers LLC, has officially announced the expansion of its comprehensive ecosystem dedicated to harm reduction, non-commercial gifting, and guided support for adults exploring the therapeutic benefits of psilocybin and dimethyltryptamine (DMT).
Following the historic voter approval of Proposition 122 and subsequent SB23-290 refinements, Colorado decriminalized the personal use, possession, and sharing of natural medicines for adults over 21. Navigating this new legal landscape, Mushrooms.support emerges as a vital community hub. Operating strictly within the non-commercial parameters of the law, the platform facilitates the free gifting of psilocybin and DMT while offering paid, professionally guided harm reduction sessions ranging from an accessible $10 to $200. This model ensures that life-changing mental health support and safety are accessible to all demographics, effectively removing the financial barriers often associated with psychedelic-assisted care.
The Scientific Foundation of Therapeutic Psychedelics The platform’s mission is deeply rooted in cutting-edge clinical research. Recent phase III trials and landmark studies from institutions like Johns Hopkins University have demonstrated the profound efficacy of psilocybin in treating Major Depressive Disorder (MDD), Treatment-Resistant Depression (TRD), and end-of-life existential anxiety.
By acting as a serotonin 5-HT2A receptor agonist, psilocybin promotes neuroplasticity, helping to rewire maladaptive thought patterns. Similarly, emerging research highlights endogenous DMT’s potential as a rapid-acting antidepressant and neuroprotectant. Mushrooms.support translates this complex science into actionable guidance for individuals dealing with PTSD, OCD, cluster headaches, and substance use disorders.

Award-Winning Harm Reduction Principles Recognized as the “Psychedelic Cup 2025 Winner” and awarded “Most Homogeneous” for its consistent quality and safety standards, Mushrooms.support distinguishes itself through five core principles of harm reduction:
1.    Rigorous Testing: Ensuring the purity and safety of natural medicines.
2.    Comprehensive Education: Providing transparent data on physiological effects and risks.
3.    Set and Setting Preparation: Guiding users to create optimal environments for psychological safety.
4.    On-Site Guided Support: Offering trained presence during the experience.
5.    Post-Experience Integration: Helping users process and apply their insights for long-term personal growth.
Trained ambassadors and medical referrals are available to ensure that every individual’s journey is safe and therapeutically beneficial. The platform also strictly educates on contraindications, prominently warning against the risks of serotonin syndrome for individuals on specific medications or those with underlying cardiovascular or psychotic conditions.
“Decriminalization is only the first step; the true evolution of mental health care requires a solid foundation of safety, education, and community support,” says Darren Lyman, founder of Mushrooms.support and author of foundational texts on psychedelic integration. “Our goal is to transform Colorado’s legal framework into a scientifically grounded, accessible public health strategy. We are providing the essential resources—from microdosing guides to post-session integration—so individuals can explore these powerful natural medicines without fear or stigma.”
 

A Comprehensive Community Ecosystem Beyond one-on-one support, the Denver facility (located at 800 W. 8th Ave #110) and its digital platform offer an expansive library of resources. Users can access microdosing protocols, integration workbooks, specialized PDF drink recipes, chocolate formulations, and connections to trusted community growers and wellness products like Epic Balms.
As the psychedelic renaissance accelerates in 2026, Mushrooms.support stands at the forefront of the movement, ensuring that the integration of psilocybin and DMT into mainstream wellness is conducted ethically, safely, and equitably.
For more information, to access harm reduction resources, or to schedule a session, visit Website.

About Mushrooms.support

Mushrooms.support is a Denver-based educational and harm reduction platform operating under the Colorado Natural Medicine Health Act. Founded by Darren Lyman and managed by Lyman Support Centers LLC, the center provides non-commercial gifting of natural medicines alongside expert-guided support, integration services, and scientific resources for adults 21 and older. Operations run Tuesday through Saturday from 2:00 PM to 6:45 PM.

 

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Organization: Redpresswire

Contact Person: Gorkem

Website: https://redpress.net

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Address:Suite 10560 5 Brayford Square

City: London

Country:United Kingdom

Release id:42791

Disclaimer: This press release is for informational purposes only. Statements regarding therapeutic effects of psilocybin and DMT are based on research and do not constitute medical advice. Individuals should consult qualified healthcare professionals before using these substances.

The post Pioneering Psychedelic Harm Reduction: Mushrooms.support Bridges the Gap Between Colorado’s Legal Reforms and Evidence-Based Psilocybin and DMT Education 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

BiFinance Lists EVOCARE-USDT and Launches Trading Competition with Exclusive Rewards

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31 minutes ago

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March 19, 2026

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BiFinance, a leading Web3 digital asset trading platform, has officially announced the listing of EVOCARE (EVOCARE) and the launch of a dedicated trading competition, offering users multiple participation opportunities and enhanced engagement.

EVOCARE Officially Listed on BiFinance

According to the official announcement, BiFinance has listed the EVOCARE USDT trading pair, with deposit and trading services opened on March 12, 2026.

EVOCARE represents an innovative Web3 healthcare initiative focused on building a digital therapy ecosystem. As The World Therapy Store, EvoCare aims to connect patients, therapists, and healthcare creators through a scalable and compliant infrastructure, integrating real-world medical services with blockchain technology and bringing real-world utility into the Web3 space.

The platform combines regulated healthcare services with Web3 utility infrastructure, creating a scalable global ecosystem for therapy, rehabilitation, and digital health services. EvoCare is designed to enable German-quality therapeutic care to be delivered anywhere in the world through a clinically supervised digital healthcare platform.

Official Website:

https://evocare.healthcare

The EVOCARE token serves as the core of the ecosystem, supporting:

Digital therapy service payments

Creator support mechanisms

Access to regulated healthcare solutions

By linking real healthcare demand with tokenized utility, EVOCARE creates a sustainable and value-driven ecosystem backed by real-world applications.

Trading Competition Now Live with Trading Competition Details

To celebrate the listing, BiFinance has launched the EVOCARE Trading Competition, allowing users to trade EVOCARE USDT and compete for benefits.

Participants can:

Trade EVOCARE USDT to climb leaderboard rankings

Receive benefits based on trading performance

Unlock additional advantages such as trading additional benefits

The competition is designed to encourage active participation while benefiting both new and experienced traders.

Expanding the RWA and Utility-Driven Ecosystem

The listing of EVOCARE reflects BiFinance’s continued commitment to supporting projects with real-world utility and strong growth potential. By bridging traditional sectors such as healthcare with blockchain infrastructure, BiFinance further strengthens its “virtual + real” ecosystem strategy.

Through ongoing listings, trading campaigns, and ecosystem collaboration, BiFinance aims to provide users with:

High-quality asset access

Enhanced trading opportunities

A more diversified and utility-driven Web3 experience

About BiFinance

BiFinance is a Web3 digital asset trading platform focused on the integration of Real-World Assets (RWA) and blockchain technology. The platform is committed to building a secure, compliant, and scalable financial ecosystem, connecting traditional finance with the decentralized world.

With a growing global presence and continuous innovation in both product and ecosystem design, BiFinance is accelerating the evolution of digital finance through its “Bi+Finance” model.

Media Contact

Organization: BiFinance

Contact Person: Ben

Website: https://www.bifinance.com

Email:
listing@BiFinance.com

Country:Canada

Release id:42777

The post BiFinance Lists EVOCARE-USDT and Launches Trading Competition with Exclusive Rewards 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

Advanced Strapless Goalkeeper Gloves Officially Released, Available at Just Keepers

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31 minutes ago

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March 19, 2026

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Hinckley, Leicestershire, United Kingdom, 19th Mar 2026 – Just Keepers has added advanced strapless goalkeeper gloves to its selection, reflecting growing interest in strap-free designs within the goalkeeping community.

The Goalkeeper gloves feature a slip-on construction, removing the need for a traditional wrist strap and offering a clean, streamlined fit. This design approach aligns with the preferences of goalkeepers seeking simplicity and a more natural feel during play.

With a reduced structure around the wrist, the gloves are suited for both training and match environments, supporting comfort and ease of movement on the pitch.

Strapless gloves are becoming an increasingly talked-about option among goalkeepers. Their inclusion reflects the shift towards more simplified designs in modern goalkeeping gear.

The addition highlights ongoing changes in goalkeeper equipment, as players continue to explore new styles and fits that suit their individual preferences.

For more information
https://www.just-keepers.com/goalkeeper-gloves/goalie-gloves/reusch-gk-gloves/

About Just Keepers Ltd

Just Keepers is a dedicated retailer specialising exclusively in goalkeeping equipment, offering a curated selection tailored to the specific needs of the position. Its range covers goalkeeper gloves, technical clothing, and essential accessories suited for both training sessions and competitive matches. Catering to players at every level, from beginners to professionals, the company focuses on purpose-built gear, durability, and consistent performance across its lineup.

Media Contact

Organization: Just Keepers Ltd

Contact Person: Just Keepers Ltd

Website: https://www.just-keepers.com/

Email: Send Email

City: Hinckley, Leicestershire

Country:United Kingdom

Release id:42820

The post Advanced Strapless Goalkeeper Gloves Officially Released, Available at Just Keepers 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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