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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

TRX Spot and Perpetuals Listing Launches on Backpack, Expanding Access to the TRON Ecosystem

Published

6 minutes ago

on

July 29, 2026

By

Geneva, Switzerland, July 29th, 2026, FinanceWire

TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the listing of TRX spot trading and perpetual contracts on Backpack Exchange. The listing expands market support and access to the native utility token of the TRON network, one of the industry’s most actively used blockchain ecosystems.

The listing enables Backpack users in eligible jurisdictions to trade TRX through both spot and perpetual markets on its innovative, compliant trading platform. Backpack’s regulated exchange has processed more than $400 billion in cumulative trading volume, serving both sophisticated traders and users entering Web3 for the first time.

“With over 14 billion transactions processed and 3.5 million daily users, TRON demonstrates a blockchain engineered for high-volume, real-world activity,” said Sam Elfarra, Community Spokesperson for TRON DAO. “Bringing TRON to Backpack embeds that proven infrastructure into a regulated exchange, giving users worldwide a secure gateway to trade and manage digital assets.”

Backpack’s platform supports users across more than 150 countries, combining spot, perpetuals, and a broader suite of trading products within a single compliant venue. The listing positions TRX alongside Backpack’s existing markets, offering traders in established and emerging regions alike a straightforward path to gaining exposure to TRON’s native token without needing to navigate multiple platforms or custody solutions.

This collaboration reinforces TRON’s role as a foundational infrastructure for digital asset ownership, trading, and settlement, as the network continues to broaden the number of venues through which users and institutions can access TRX. It marks another step forward in TRON’s continued expansion and growing footprint within the global digital economy.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $90 billion. As of July 2026, the TRON blockchain has recorded over 395 million in total user accounts, more than 14 billion in total transactions, and over $27 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

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Press Release

Young Turkish Entrepreneur Emin Can Yoldaş Expands Digital Ventures in Thailand With Launch of Independent News Platform

Published

6 minutes ago

on

July 29, 2026

By

Nineteen-year-old founder builds a digital marketing agency and a local news platform while seeking strategic partnerships to accelerate innovation and business growth across Thailand.

Thailand, 29th Jul 2026 – Young entrepreneur Emin Can Yoldaş is expanding his footprint in Thailand’s digital economy through the continued growth of his digital marketing agency, LatestVisual, and the recent launch of Thailand Paper, an independent local news platform designed to deliver timely news and community-focused reporting. At just 19 years old, the Turkish entrepreneur is pursuing an ambitious vision of combining digital innovation, media, and marketing services while creating long-term opportunities for businesses operating in Thailand.

Living and working in Thailand, Yoldaş has focused on building businesses that address the growing demand for professional digital solutions and reliable online media. His entrepreneurial journey reflects the increasing number of young founders who are leveraging international experience and technology to create businesses with both local relevance and global aspirations.

Building a Digital Marketing Agency for Business Growth

LatestVisual was established to help businesses strengthen their online presence through modern digital marketing strategies. The agency provides a broad range of services, including search engine optimisation (SEO), content marketing, web development, branding, and customised digital growth strategies designed to improve visibility and generate sustainable business results.

By working with companies seeking to expand their digital reach, LatestVisual aims to deliver practical marketing solutions tailored to each client’s objectives. As businesses continue investing in digital transformation, the agency focuses on combining creative branding with data-driven marketing approaches that help organisations compete in an increasingly competitive online marketplace.

Yoldaş believes that strong digital foundations enable businesses of all sizes to reach wider audiences, build stronger customer relationships, and create lasting brand value.

Launching Thailand Paper With a Long-Term Vision

Alongside his marketing agency, Yoldaş recently launched Thailand Paper, a local news website dedicated to covering developments across Thailand. The platform was created to provide accessible reporting while supporting a growing demand for independent digital news sources serving local communities and international readers interested in Thailand.

Thailand Paper represents a significant milestone in Yoldaş’s entrepreneurial journey. Rather than simply creating another online publication, he envisions developing the platform into one of Thailand’s leading independent news websites by continually expanding its editorial coverage, strengthening its digital presence, and investing in sustainable media growth.

The platform is expected to cover a broad range of topics relevant to readers throughout Thailand while adapting to changing digital media consumption habits.

International Ambitions Drive Continued Expansion

As a Turkish entrepreneur building businesses abroad, Yoldaş sees Thailand as a dynamic environment for innovation, entrepreneurship, and digital development. His international perspective has helped shape both LatestVisual and Thailand Paper, with each business serving different but complementary roles within the country’s growing digital landscape.

His long-term objective is to continue expanding both companies while exploring new opportunities within digital media, technology, and business development. By combining marketing expertise with media publishing, he aims to create an ecosystem that supports business growth while contributing to Thailand’s evolving digital economy.

The launch of Thailand Paper also reflects a broader trend of entrepreneurs investing in independent digital publishing platforms capable of serving increasingly connected audiences through accessible online journalism.

Entrepreneurial Spirit Extends Beyond Business

In addition to his entrepreneurial activities, Yoldaş participates in Thailand’s amateur motorcycle racing community as a Big Bike Supersport racer. His involvement in motorsports demonstrates the same determination, discipline, and competitive mindset that he applies to building businesses.

Balancing entrepreneurship with racing has reinforced qualities such as focus, resilience, and continuous improvement—characteristics that have become central to his professional development as he pursues ambitious business goals at a young age.

Seeking Strategic Partnerships for Future Growth

As both businesses continue to develop, Yoldaş is actively seeking investors, strategic partners, and business collaborations to help accelerate the expansion of Thailand Paper and LatestVisual.

He welcomes opportunities to work with organisations, investors, media professionals, and businesses interested in supporting innovative digital projects, expanding independent media initiatives, and developing new marketing solutions for companies operating in Thailand and beyond.

With ambitious plans for continued growth, Yoldaş remains committed to building sustainable businesses that combine innovation, technology, and entrepreneurship while creating value for clients, readers, and future partners.

About LatestVisual

LatestVisual is a Thailand-based digital marketing agency offering SEO, content marketing, web development, branding, and digital growth strategies that help businesses strengthen their online presence and achieve sustainable growth.

About Thailand Paper

Thailand Paper is an independent digital news platform covering developments across Thailand. The publication aims to provide timely news and expand into one of the country’s leading independent online news sources through continued editorial and digital growth.

Investor & Business Inquiries 

MR. EMIN CAN YOLDAŞ
LatestVisual & Thailand Paper
Email: hello@latestvisual.com
Website: https://latestvisual.com
Website: https://thailandpaper.com
LinkedIn: https://www.linkedin.com/in/emincanyoldas/
Instagram: @3minc4n

Media Contact

Organization: latestvisual and Thailand Paper

Contact Person: MR. EMIN CAN YOLDAS

Website: https://latestvisual.com

Email: Send Email

Country:Thailand

Release id:47668

The post Young Turkish Entrepreneur Emin Can Yoldaş Expands Digital Ventures in Thailand With Launch of Independent News Platform 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

MEXC Integrates World-Check to Fortify Institutional Grade Compliance Architecture

Published

51 minutes ago

on

July 29, 2026

By

Mutsamudu, Comoros, July 29th, 2026, Chainwire

“In a rapidly maturing digital asset market, relying on fragmented risk data is a critical vulnerability. Building a resilient ecosystem demands institutional-grade intelligence.”

MEXC, the world’s fastest-growing digital asset exchange and a pioneer of true zero-fee trading, has today announced a collaboration with LSEG Risk Intelligence.This partnership enables the integration of World-Check, equipping the platform with the same risk intelligence database used by financial institutions globally, setting a new benchmark for proactive security in the cryptocurrency ecosystem.

Deploying an Institutional Grade Risk Architecture

As institutional and retail adoption of digital assets accelerates, uncompromising security measures have become a critical operational imperative. By adopting LSEG World-Check, MEXC is fusing the rigorous compliance frameworks of traditional finance with the agility of the digital economy. This strategic upgrade sets a new benchmark for the industry, ensuring the platform’s overarching security infrastructure meets regulatory standards.

Precision Screening and Preemptive Ecosystem Defence

World-Check is globally recognised as the authoritative and trusted source for risk intelligence. To execute its high-level security strategy, MEXC is embedding this premier data directly into its internal workflows. This integration facilitates real-time screening and cross-referencing against global regulatory and sanctions watchlists. Crucially, the system identifies Politically Exposed Persons (PEPs) and continuously tracks adverse media to swiftly intercept illicit actors. This dual capability fundamentally reinforces the exchange’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) protocols.

Securing the Future of Digital Asset Trading

Shifting away from reactive regulatory measures, MEXC is engineering a preventative approach to platform security. The integration helps the exchange filter out high-risk actors during initial onboarding and continues monitoring existing accounts, keeping the trading environment clean.

Vugar Usi, Chief Executive Officer of MEXC, said: “At MEXC, protecting our users and partners is non-negotiable. By integrating LSEG’s World-Check risk intelligence platform into our digital asset infrastructure, we are setting a new standard for compliance and transparency in the industry. This partnership reflects our steadfast commitment to building a trading environment that not only meets today’s regulatory expectations but anticipates tomorrow’s. We are dedicated to creating an ecosystem where legitimate participants can engage with confidence, and our collaboration with LSEG ensures we have the screening capabilities to deliver on that promise. “

Michael Meadon, Director, Asia Pacific at LSEG Risk Intelligence, said: “As digital assets continue to mature, market participants are rightly expecting the same level of rigour they see across traditional finance. By integrating World-Check into its compliance workflows, MEXC is strengthening its ability to identify high-risk actors, enhance screening at onboarding and through ongoing monitoring, and support a safer trading environment for users globally.”

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

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MEXC PR team
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