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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

Columbia Chipseal to Start Spot Repairs Throughout Bandera County

Published

1 hour ago

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March 26, 2026

By

Motorists Advised to Use Caution and Expect Delays

United States, 26th Mar 2026 – Columbia Chipseal (https://wegotchipseal.com) will be performing spot repairs on various roads throughout Bandera County starting this week and continuing as weather permits.

These targeted maintenance operations will address potholes, edge failures, and surface issues in multiple locations across the county. Work crews will be active in both rural and more populated areas, with repairs typically occurring during daylight hours.

Safety Announcement for Drivers:

  • Slow Down – Reduced speeds are required in all work zones. Fines for speeding in construction areas are doubled.
  • Expect Delays – Temporary lane closures, flaggers, and equipment on the roadway may cause short delays. Please allow extra time for your commute.
  • Watch for Workers – Crews and heavy machinery will be present on or near the pavement. Stay alert and obey all signs and directions from flaggers.
  • Be Prepared – Fresh chipseal material can be slippery when first applied. Drive with extra caution, especially after rain or during early morning/late evening hours.
  • Merge Early – When approaching work zones, merge into the open lane well in advance to avoid sudden braking.

Additional Tips:

  • Check local traffic updates or the Bandera County website or Facebook page for the latest information on active work zones.
  • Avoid driving through fresh chipseal if possible, as loose gravel can damage vehicle paint and windshields.
  • Report any hazardous conditions to Columbia Chipseal or local authorities immediately.

Columbia Chipseal (https://wegotchipseal.com) appreciates the community’s patience as they work to improve road safety and longevity throughout Bandera County. These spot repairs are part of ongoing efforts to maintain the county’s road network in good condition.

Contact Information:

For more information or to report concerns:
Phone: (800) 547-1727
Department: County Road & Bridge Department

Drive safely, and thank you for your cooperation.

Media Contact

Organization: Pavement News

Contact Person: Ivan Keller

Website: https://pavementnews.com

Email: Send Email

Country:United States

Release id:43062

The post Columbia Chipseal to Start Spot Repairs Throughout Bandera County 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

Paraguay Emerges as a Global Hotspot for Residency Seekers as Pontiggia Residency Services Simplifies Relocation Process

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1 hour ago

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March 26, 2026

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Paraguay, 26th Mar 2026 – Paraguay is rapidly becoming one of the most attractive destinations for expats, digital nomads, and global investors seeking flexible residency options, tax advantages, and an improved quality of life. As international interest in alternative residency programs continues to rise, Paraguay is gaining recognition for its straightforward immigration process, low living costs, and investor-friendly environment.

Rising Global Interest in Paraguay Residency

Paraguay’s growing popularity is driven by its accessible and efficient residency pathways. Unlike many countries with complex and time-consuming immigration systems, Paraguay offers a relatively streamlined process for obtaining both temporary and permanent residency. Low government fees, minimal bureaucratic barriers, and a welcoming stance toward foreign nationals make it an increasingly appealing destination.

This surge in interest reflects a broader global trend, as more individuals seek flexible living arrangements, financial optimization, and greater personal freedom. Paraguay stands out as a practical solution for those looking to relocate without the complications often associated with international migration.

Expert Guidance Simplifies Complex Processes

Amid this growing demand, Angel Pontiggia, founder of Pontiggia Residency Services, has positioned herself as a trusted expert in the field. With over eight years of experience, she has successfully guided hundreds of international clients through Paraguay’s residency system.

“Our goal is to simplify what can otherwise be a complex process and provide a clear, structured path for clients looking to establish themselves in Paraguay,” said Angel Pontiggia. “We focus on delivering a personalized experience so our clients feel supported every step of the way.”

Her deep local knowledge and hands-on approach have made her a reliable partner for individuals navigating unfamiliar legal and administrative systems.

Comprehensive Residency and Relocation Services

Pontiggia Residency Services offers a full suite of solutions designed to cover every aspect of the relocation journey. The company provides assistance with temporary residency applications, permanent residency approvals, and essential documentation such as the cedula (national ID) and tax identification number (RUC).

Beyond paperwork, the firm also delivers end-to-end relocation support, ensuring clients can transition smoothly into their new environment. This comprehensive approach eliminates uncertainty and allows clients to focus on building their new lives in Paraguay.

With a 100% success rate and a growing base of satisfied clients from around the world, the company has established a strong reputation for reliability and efficiency.

Why Paraguay is Attracting Global Investors and Expats

Paraguay offers several strategic advantages that continue to attract global attention. One of its most notable features is its favorable tax system, including territorial taxation, which generally excludes foreign-earned income from local taxes. This makes the country especially attractive for digital nomads and international entrepreneurs.

Additionally, Paraguay’s location in South America provides convenient access to key regional markets such as Brazil and Argentina. Its stable economy, affordable real estate, and improving infrastructure further enhance its appeal as both a residential and investment destination.

These combined factors position Paraguay as a competitive option for those seeking both lifestyle benefits and long-term financial opportunities.

Supporting a New Generation of Global Citizens

As remote work and global mobility continue to redefine traditional lifestyles, the demand for reliable residency solutions is expected to grow. Experts believe Paraguay is well-positioned to meet this demand, offering a unique balance of affordability, simplicity, and opportunity.

Pontiggia Residency Services remains committed to supporting this new generation of global citizens by delivering transparent, efficient, and client-focused services. The company’s dedication to excellence and deep understanding of local regulations have solidified its role as a leading authority in Paraguay residency solutions.

With Paraguay gaining momentum on the international stage, professionals like Angel Pontiggia are playing a vital role in making global relocation more accessible and achievable.

About Pontiggia Residency Services

Pontiggia Residency Services is a Paraguay-based firm specializing in residency and relocation services for international clients. Led by Angel Pontiggia, the company provides personalized, end-to-end support to help individuals, families, and entrepreneurs establish legal residency and successfully transition to life in Paraguay. Learn more at http://www.pontiggiaresidency.com

For more information, visit: http://www.pontiggiaresidency.com

Media Contact

Organization: Pontiggia Residency Services

Contact Person: Angel Pontiggia

Website: http://www.pontiggiaresidency.com

Email: Send Email

Country:Paraguay

Release id:43060

The post Paraguay Emerges as a Global Hotspot for Residency Seekers as Pontiggia Residency Services Simplifies Relocation Process 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

Neem Connect Showcases Digital Construction Platform at Canada’s National Home Show 2026

Published

1 hour ago

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March 26, 2026

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Neem Connect strengthens connections between homeowners and verified contractors through live demonstrations and industry engagement.

Canada, 26th Mar 2026 – Neem Connect, a growing digital platform designed to connect homeowners, contractors, and suppliers, announced its successful participation in the National Home Show 2026, held in Toronto. The event marked another important milestone in the company’s efforts to strengthen its presence across Canada’s home improvement and construction industry.

The National Home Show brought together thousands of homeowners, renovation professionals, builders, and suppliers from across the country. Neem Connect used the event as an opportunity to showcase how its platform simplifies the process of discovering and connecting with service providers for residential construction and renovation projects. Through live demonstrations and direct engagement, attendees were able to explore the platform’s features and learn how it helps streamline project planning and execution.

Neem Connect’s participation in the National Home Show builds on its continued involvement in major industry events, including the Toronto Fall Home Show and the Backyard & Garden Show. By maintaining a visible presence at these shows, the company is expanding brand awareness while strengthening relationships with both homeowners and industry professionals.

“Participating in leading home shows allows us to interact directly with people who are actively planning projects,” said Vasanth Joseph, Media Spokesperson for Neem Connect. “Our focus is on building a platform that helps homeowners and contractors connect more efficiently and with greater confidence.”

The Neem Connect platform is designed to address common challenges in the construction and renovation process, such as finding reliable contractors, comparing service options, and initiating projects in a timely manner. Homeowners can browse contractor profiles, review past work, and request project consultations, while contractors gain access to qualified leads and increased visibility in a competitive market.

As the construction sector continues to adopt digital solutions, Neem Connect is positioning itself as a technology-driven bridge between project demand and professional services. The company’s presence at national and regional home shows reflects its commitment to supporting innovation and improving accessibility within the construction ecosystem.

About Neem Connect

Neem Connect is a digital marketplace designed to bridge the gap between homeowners, construction suppliers and general contractors in Toronto. The platform enables users to discover trusted professionals, explore service offerings, and manage project connections through a streamlined and transparent process. By leveraging technology, Neem Connect aims to simplify project discovery and improve efficiency across the construction ecosystem.

Media Contact

Organization: Neem Connect

Contact Person: Vasanth Joseph

Website: https://neemconnect.com/en-ca

Email: Send Email

Contact Number: +18003963981

Country:Canada

Release id:43057

The post Neem Connect Showcases Digital Construction Platform at Canada’s National Home Show 2026 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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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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