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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

K-Beauty Brand HANDAM Launches Hydration-Focused Skincare Inspired by Korean Nature

Published

6 hours ago

on

August 24, 2026

By

The Everyall Co., Ltd. introduces a three-product skincare collection centered on hydration, sensory textures, and ingredients inspired by Korea’s natural environment.

Wonju-si, South Korea, 24th Aug 2026 — Korean skincare brand HANDAM, developed by The Everyall Co., Ltd., launches its first skincare collection with a hydration-focused approach inspired by the purity and calm of Korean nature.

HANDAM expresses the idea of “holding and preserving beauty,” bringing together nature-inspired ingredients, modern skincare formulations, and a refined sensory experience designed to support balanced, healthy-looking skin.

At the center of the collection is Jeju Lava Seawater, a natural ingredient sourced from Jeju Island, combined with Aquaxyl™, a Centella Asiatica complex, Panthenol, and other skin-conditioning ingredients. The collection is designed around hydration and comfortable daily use, with textures created to feel fresh, lightweight, and easy to layer.

Three Products, One Hydration Ritual

  • HANDAM Hydrating Serum: A lightweight cream-in-serum formula featuring Rosa Rugosa Extract. It is designed to deliver a refreshing layer of hydration with a smooth, non-sticky finish.
  • HANDAM Hydrating Cream: A moisturizer inspired by a melting sherbet texture. The formula melts smoothly into the skin and leaves a fresh, moisturized finish without feeling heavy.
  • HANDAM Hydrating Sunscreen: A daily sunscreen developed with a moisturizing texture that feels comfortable on the skin and is designed to layer well under makeup.

A Sensory Approach to Hydration 

Rather than focusing on hydration as a single functional claim, HANDAM approaches it as a daily skincare experience. The serum, cream, and sunscreen are designed to complement one another through different textures and stages of a routine, allowing users to layer hydration without an overly heavy or sticky finish.

“Modern consumers are looking for skincare products that offer not only thoughtfully selected ingredients but also a comfortable sensory experience,” said a representative of The Everyall Co., Ltd. “Through HANDAM, we aim to translate the purity of Korean nature into a contemporary hydration ritual that feels simple, refined, and enjoyable in everyday life.”

Positioning HANDAM for Global K-Beauty Consumers 

As global interest in K-Beauty continues to expand, HANDAM plans to introduce its hydration-focused skincare philosophy to international consumers and expand its presence in global markets. The brand will position its first collection around a clear combination of storytelling inspired by Korean nature, modern formulations, and distinctive textures.

HANDAM’s debut collection marks the first step in building a broader skincare identity centered on hydration, comfort, and a contemporary interpretation of Korean beauty.

About HANDAM 

HANDAM is a Korean skincare brand developed by The Everyall Co., Ltd. The brand focuses on hydration-centered skincare inspired by Korean nature, combining carefully selected ingredients with modern textures and refined sensory experiences.

For more information, please visit https://handamstore.com/

Media Contact

Organization: The Everyall Co., Ltd.

Contact Person: Kim chong won

Website: https://handamstore.com/

Email: Send Email

City: Wonju-si

Country:South Korea

Release id:48371

The post K-Beauty Brand HANDAM Launches Hydration-Focused Skincare Inspired by Korean Nature 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

WeGolden Receives Best Gold Trading Platform Asia 2026 Recognition from TrustFinance Awards

Published

7 hours ago

on

August 24, 2026

By

Singapore, Singapore, August 24th, 2026, FinanceWire

WeGolden has received the Best Gold Trading Platform Asia 2026 recognition from the TrustFinance Performance Awards, highlighting its gold-focused trading environment, platform capabilities, and accessibility across supported Asian markets.

The recognition forms part of the TrustFinance Performance Awards 2026, which recognizes companies across specific areas of performance based on category-relevant assessment. Evaluations may consider company submissions, supporting materials, publicly available information, and other evidence relevant to the respective award category.

For Best Gold Trading Platform Asia 2026, the recognition centers on WeGolden’s gold-focused offering and the broader platform experience surrounding it.

Gold is a central part of WeGolden’s trading offering. The platform provides access to gold alongside other global financial instruments through MetaTrader 5 (MT5), enabling users to access multiple asset classes within an established trading environment. WeGolden also provides real-time market information and charting resources to help users follow market movements and support their trading decisions.

Beyond its core trading infrastructure, WeGolden offers copy trading functionality, allowing users to explore strategy providers, review available performance information, and monitor trading activity. Combined with market analysis and educational resources, these capabilities form part of a broader platform experience designed to accommodate different levels of trading experience and approaches to the market.

WeGolden also provides localized digital experiences in several Asian languages, including Thai, Indonesian, Filipino, and Hindi. The platform supports a range of payment methods and local deposit and withdrawal options for users in supported markets, further extending the accessibility of its services across the region.

“A strong gold trading platform is defined by more than access to a single instrument. Trading infrastructure, market information, supporting tools, and accessibility all contribute to the overall experience. WeGolden has developed an approach that brings these elements together within a gold-focused trading environment for users across supported Asian markets,” said Peter Bu, CEO of TrustFinance.

The Best Gold Trading Platform Asia 2026 recognition reflects WeGolden’s continued development of a gold-focused trading environment supported by established trading infrastructure, market tools, copy trading capabilities, and localized services across supported markets in Asia.

About WeGolden

WeGolden is an online trading platform with a strong focus on gold, providing access to a range of financial instruments including forex, metals, indices, energies, cryptocurrencies, and share CFDs. The platform provides access to MetaTrader 5 alongside market information, copy trading functionality, educational resources, and account services designed to support the overall trading experience.

For more information, visit www.wegolden.com

About TrustFinance Awards

TrustFinance Awards is an independent recognition program focused on performance and achievement across the global financial industry. Through the TrustFinance Performance Awards, companies are evaluated within specific areas of performance using category-relevant criteria. Evaluations may consider publicly available information, company submissions, and supporting evidence relevant to each award category.

The program recognizes performance across areas including customer experience, transparency, technology, innovation, platform capabilities, and operational excellence.

For more information, visit awards.trustfinance.com

Disclaimer: This award recognition is based on the TrustFinance Awards evaluation criteria for the specified category and period. It does not constitute financial advice, investment advice, or a recommendation of any financial product or service.

Contact

TrustFinance Awards
TrustFinance
awards@trustfinance.com

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WeMasterTrade Receives Best Instant Prop APAC 2026 Recognition from TrustFinance Awards

Published

7 hours ago

on

August 24, 2026

By

Singapore, Singapore, August 24th, 2026, FinanceWire

WeMasterTrade has received the Best Instant Prop APAC 2026 recognition from the TrustFinance Performance Awards, highlighting its Instant Funding model, flexible prop trading structure, and accessibility across the Asia-Pacific region.

The recognition forms part of the TrustFinance Performance Awards 2026, which recognizes companies across specific areas of performance based on category-relevant assessment. Evaluations may consider company submissions, supporting materials, publicly available information, and other evidence relevant to the respective award category.

For Best Instant Prop APAC 2026, the recognition centers on WeMasterTrade’s Instant model and the broader trading experience surrounding its proprietary trading programs.

A key part of WeMasterTrade’s offering is its Instant Funding model, which provides traders with access to simulated trading accounts with virtual funds without first completing a traditional multi-stage evaluation. Alongside Instant Funding, the company also provides Challenge-based programs, giving users different routes depending on their trading approach and preferences.

The platform is designed to accommodate a range of trading strategies and styles. According to information published by WeMasterTrade, its programs support approaches including day trading, scalping, Expert Advisors (EAs), and copy trading, subject to the rules and conditions of the selected program. The company also offers different account configurations and program structures, allowing traders to select an option aligned with their objectives and risk parameters.

The overall trader experience also includes tools designed to support account monitoring and program management. WeMasterTrade provides dashboards and account management tools designed to help users monitor their trading activity and progress. The company also publishes information covering program rules, reward structures, and payout processes, contributing to greater visibility throughout the user journey.

WeMasterTrade also maintains localized digital experiences for multiple markets and languages across the region, supporting accessibility for users across its supported APAC markets.

“The evolution of prop trading is increasingly shaped by flexibility, accessibility, and the technology supporting the trader experience. WeMasterTrade’s Instant Funding approach provides an alternative pathway for traders who prefer direct access to a simulated trading environment with virtual capital rather than completing a traditional multi-stage evaluation,” said Peter Bu, CEO of TrustFinance.

The Best Instant Prop APAC 2026 recognition reflects WeMasterTrade’s development of an instant-access prop trading model supported by flexible program structures, trading tools, and localized accessibility across supported Asia-Pacific markets.

About WeMasterTrade

WeMasterTrade is a trading evaluation platform designed to identify skilled and disciplined traders through objective-based programs, offering both Instant and Challenge-based trading programs. Its model provides traders with access to simulated trading accounts under defined program rules, with opportunities to earn rewards based on eligible trading performance.

The platform supports multiple trading approaches and provides account management tools, program options, and educational information designed to support participants throughout their prop trading journey.

For more information, visit www.wemastertrade.com.

About TrustFinance Awards

TrustFinance Awards is an independent recognition program focused on performance and achievement across the global financial industry. Through the TrustFinance Performance Awards, companies are evaluated within specific areas of performance using category-relevant criteria. Evaluations may consider publicly available information, company submissions, and supporting evidence relevant to each award category.

The program recognizes performance across areas including customer experience, transparency, technology, innovation, platform capabilities, and operational excellence.

For more information, visit awards.trustfinance.com.

Disclaimer: This award recognition is based on the TrustFinance Awards evaluation criteria for the specified category and period. It does not constitute financial advice, investment advice, or a recommendation of any financial product or service.

Contact

TrustFinance Awards
TrustFinance
awards@trustfinance.com

About Author

Cloud PR Wire

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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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