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

Published

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

Qtum Launches Comprehensive AI Infrastructure Stack with Text-to-Video and Unified AI Access

Published

5 hours ago

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June 4, 2026

By

A long‑running Bitcoin‑based smart contract platform evolves into a modern AI and compute ecosystem

Singapore, June 4th, 2026, Qtum Foundation- Qtum today announced the expansion of its ecosystem with Qtum.ai, a text‑to‑video generation platform, and the upcoming Qtum AI Router, a unified inference layer designed to provide efficient access to multiple AI models. Together, these services position Qtum as a blockchain‑supported AI infrastructure network built on a stable, long‑running Proof‑of‑Stake blockchain that has operated continuously since 2017.

Qtum’s approach combines its Bitcoin‑based UTXO architecture, EVM‑compatible smart contracts, and a reliable, production‑ready blockchain with modern AI tooling, GPU compute, and creator‑focused workflows. The result is an ecosystem that spans blockchain infrastructure, decentralized compute, and AI generation tools under a single brand.

Qtum.ai: Text‑to‑Video for Creators and Developers

Qtum.ai provides cinematic text‑to‑video generation using models such as Seedance 1.0, 1.5, and 2.0 and HappyHorse. The platform is designed for creators, developers, and businesses seeking high‑quality AI video without subscription barriers.

Key characteristics include:

    • No credit card required
    • No recurring subscription
    • No token packs or prepaid bundles
    • Pay‑as‑you‑go usage
    • No data harvesting or model training on user content
    • No cookies, tracking pixels, or ad‑retargeting
    • Authentication via MetaMask Snap or Google login
    • 500 Free tokens

This model removes common friction points in AI services, including subscription lock‑in, credit‑card anxiety, and persistent marketing emails. Users can generate videos without entering financial information or committing to monthly plans. 

Qtum AI Router: A Unified Inference Layer

Beta Launching will be the Qtum AI Router to provide a unified API for routing requests across multiple AI models. Similar in concept to OpenRouter, the service will support:

  • AI model routing
  • Multi‑model inference
  • Distributed GPU compute
  • Low‑latency request handling
  • AI orchestration and workflow integration
  • Agent‑compatible infrastructure

The Router is designed to support developers building AI agents, automation tools, and multi‑model applications. ClawBot users will find this simple to work with.  

A Blockchain With Long‑Term Reliability

Qtum’s blockchain has operated since 2017 with no downtime, offering a stability profile uncommon in the industry. The network combines:

    • Bitcoin‑based UTXO security
    • EVM‑compatible smart contracts
    • Proof‑of‑Stake consensus
    • Enterprise‑grade reliability
    • Consistent uptime across seven years of operation
    • 50 Core updates over 8 years

This reliability is central to Qtum’s positioning as an AI compute network. AI services require predictable, uninterrupted operation — a requirement Qtum’s blockchain has demonstrated over years of production use.

A Unified Ecosystem: Blockchain + AI + Compute

The Qtum ecosystem now spans:

  • Qtum blockchain — a long‑running, stable, Bitcoin‑based smart contract platform
  • Qtum.ai — AI video generation for creators and businesses
  • Qtum AI Router — unified inference routing for multi‑model AI
  • Qtum Ally — a desktop AI agent integrating multiple LLMs
  • GPU infrastructure — powering inference and generation workloads

This positions Qtum as a hybrid blockchain and AI infrastructure network, supporting decentralized compute, creator tools, and useful Web3 applications.

About Qtum

Qtum is a Proof‑of‑Stake blockchain that combines Bitcoin’s UTXO model with Ethereum‑compatible smart contracts. Launched in 2017, Qtum has maintained uninterrupted network operation for over seven years. Today, Qtum is expanding into AI infrastructure, GPU compute, and creator‑focused tooling through Qtum.ai and the Qtum AI Router.

Website: https://qtum.ai 

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Press Release

Snagle Paw Introduces Premium Mobility and Home Safety Solutions for Modern Pet Families

Published

13 hours ago

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June 4, 2026

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Designed for daily pet care needs, Snagle Paw’s StrideMate Series bring together outdoor mobility and safer indoor management for large, senior, injured, disabled, and multi-dog households.

Sheridan, Wyoming, United States, 4th Jun 2026 – As more pet owners seek practical ways to support aging, injured, or large dogs, mobility and home safety products are becoming increasingly important in modern pet care. Snagle Paw, a premium pet brand serving pet families since 2012, has introduced a focused range of pet mobility and home safety solutions designed around real household needs. 

The product line addresses two common care scenarios: helping dogs continue outdoor routines more comfortably and supporting safer indoor management near doors, stairs, hallways, and other high-risk areas.

Practical Needs in Everyday Pet Care

Many pet owners face challenges when caring for large dogs, senior pets, injured animals, disabled dogs, or households with more than one dog. 

Traditional pet strollers may offer limited space, lower weight capacity, or difficult access for heavier dogs. At home, energetic or curious pets may rush toward doors, stairways, or busy entrances when a reliable barrier is not in place.

Snagle Paw’s latest solutions are designed to support these everyday situations with products that combine mobility, space, safety, and ease of use.

Stroller Wagons Designed for Larger and Mobility-Limited Dogs

Among the brand’s outdoor mobility solutions, the StrideMate Max is a large dog stroller wagon designed for large, senior, injured, and disabled dogs that need more room and easier access than many standard pet strollers provide. 

Its stroller-wagon format offers a more practical option for dogs that may struggle with long walks, recovery outings, or travel.

The StrideMate Pro also serves as a practical dog stroller for large dogs and multi-dog households seeking higher weight capacity and more spacious travel support. 

Both stroller wagons support up to 220 lbs and include a spacious cabin that allows dogs to turn around, sit comfortably, or lie down and rest during outdoor use.

A defining feature of the stroller wagons is the built-in ramp, which allows dogs to walk in and out without being lifted. This design can help reduce strain for senior, injured, or disabled pets while making daily outings more manageable for owners. 

The built-in canopy provides shade from sunlight and protection from light rain, reflecting Snagle Paw’s original approach to combining comfort, protection, and practical pet mobility.

Retractable Metal Gate Supports Safer Home Environments

For indoor safety, the Extra-Tall Metal Retractable Dog Gate is designed to help prevent dogs from rushing out when doors are opened. It is intended for use near front doors, stairs, hallways, apartment corridors, and other areas where pet owners may need a temporary but dependable safety barrier.

The gate’s retractable design allows families to create a boundary when needed and store it neatly when not in use. Its metal construction provides stronger support, greater durability, and a more secure feel compared with many soft mesh or lightweight barriers.

“Snagle Paw was born from real family needs. We wanted to create products that solve everyday problems for pet parents, from helping large or senior dogs get outside more comfortably to preventing energetic dogs from rushing out the door at home. Features like the built-in ramp, 220-lb weight capacity, spacious cabin, protective canopy, retractable design, and durable metal structure reflect our commitment to making pet care safer, easier, and more comfortable,” said a spokesperson for Snagle Paw.

Building on this philosophy, Snagle Paw plans to continue developing pet-care products inspired by real family routines, with an ongoing focus on safety, comfort, flexibility, and everyday usability for pets and their owners. 

Snagle Paw’s R&D team is continuously expanding their portfolio of innovative solutions designed to support senior and injured dogs. Upcoming releases will include dog leg braces, lift harnesses, red light therapy harnesses and pads, as well as PEMF dog beds—further reinforcing our commitment to enhancing canine mobility, comfort, and overall well-being.

Learn more info about Snagle Paw’s official website and social media:

Facebook: https://www.facebook.com/snaglepaw.official/
Instagram: https://www.instagram.com/snaglepaw
YouTube: https://www.youtube.com/@SnaglePaw
TikTok: https://www.tiktok.com/@snaglepaw

About Snagle Paw

Snagle Paw is a premium pet brand created for pet families since 2012. Inspired by real pets and real family needs, the brand develops thoughtfully designed products that help pets enjoy safety, comfort, and freedom at home and on the go. 

With product lines covering dog stroller wagons, retractable dog gates, travel crates, and other pet lifestyle solutions, Snagle Paw is dedicated to helping owners care for their furry companions with greater ease, confidence, and warmth.

Media Contact

Organization: Snagle Paw

Contact Person: Kevin Yan

Website: https://snaglepaw.com/

Email:
info@snaglepaw.com

Contact Number: +13073818630

Address:Snagle International Inc, 30 N Gould St Ste R, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country:United States

Release id:45715

The post Snagle Paw Introduces Premium Mobility and Home Safety Solutions for Modern Pet Families 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

VOKA Receives Bronze at the Telly Awards 2026

Published

14 hours ago

on

June 4, 2026

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Medical visualization company VOKA won a Bronze Award at the 47th Annual Telly Awards for its 3D animation, “Mechanism of Semaglutide: The Science Behind Fat Loss. The award-winning 3D medical animation “Mechanism of Semaglutide” visualizes complex metabolic processes with cinematic precision

New York, United States, June 4, 2026 — VOKA’s video “Mechanism of Semaglutide: The Science Behind Fat Loss” has been awarded Bronze at the 47th Annual Telly Awards in the “General-Healthcare & Medical” category.

The awards honor excellence in video and television production across multiple platforms and are judged by leaders from video platforms, television, streaming networks, and production companies. This year’s winners include Paramount TV, Warner Brothers Discovery, FOX Entertainment, Sony Music, TED, ABC News, and many others.

The recognition highlights VOKA’s work in producing scientifically accurate 3D medical animations that help explain complex biological and therapeutic processes.

About VOKA’s Project

The winning animation, “Mechanism of Semaglutide: The Science Behind Fat Loss,” visualizes how semaglutide regulates metabolism and appetite. The video specifically highlights key biological steps, including POMC/CART activation (triggering the sense of satiety), NPY/AgRP reduction (leading to a decrease in cravings), and vagus nerve interaction to slow gastric emptying.

By explaining these complex scientific concepts through an engaging, clear narrative, the video serves as an ideal tool for medical education, pharmaceutical marketing, and scientific communication.

The award-winning animation can be viewed here: https://youtu.be/zUsf09RrkTM?si=IksqZm4FUCVZlszv

About the Award

Established in 1979, the Telly Awards is a global competition created to honor excellence in television and digital video production. Submissions are evaluated by the Telly Awards Judging Council, a panel of over 250 industry professionals from giants like the BBC, Amazon, and Netflix. Entries are assessed based on creativity, storytelling, and the innovative use of technology across various media platforms.

About VOKA

VOKA is one of the leading providers of high-fidelity medical visualization and immersive technologies, delivering a comprehensive suite of 3D medical and scientific animation services for the pharmaceutical, life sciences, and medical education sectors. The company specializes in tailored 3D animations across diverse therapeutic fields — including cardiology, dermatology, oncology, and urology — as well as high-precision depictions of Mechanisms of Action (MoA), Mechanisms of Disease (MoD), medical devices, and surgical procedures.

To bridge the gap between complex science and engaging storytelling, VOKA combines the expertise of an in-house medical team with professional 3D artists and motion designers, ensuring cinematic-quality visuals that maintain the highest scientific accuracy and regulatory compliance. Beyond animation production, VOKA develops interactive 3D anatomy and pathology models and extended reality (XR) experiences to elevate clinical training and medical communication worldwide.

Contact Info:

Name: Maryia Shchakovich
Email: info@voka.io
Organization: VOKA
Website: https://voka.io/

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