Connect with us

Press Release

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

Published

on

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/

About Author

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.

Continue Reading

Press Release

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

Published

on

London, UK, August 10th, 2026, Chainwire

CT3 has announced the start of comprehensive preparations for the future listing of the CT3GB token. The company has begun scaling its data storage infrastructure, building financial and infrastructure reserves, and preparing its own tokenized economy, in which CT3GB will become the platform’s primary settlement asset. At the same time, the transition to a new data storage architecture based on specialized smart contracts is underway, while an independent audit of the entire core smart contract infrastructure will be conducted ahead of the listing.

Over the past several months, CT3 has significantly expanded the capabilities of its platform. One of the most important milestones was the implementation of automatic backup technology, following which demand for data storage services increased substantially. The growth in data volumes confirmed the platform’s readiness to support continuous data storage scenarios and became a signal to move on to the next stage of ecosystem development.

The company notes that further scaling cannot be considered separately from the platform’s economy. For this reason, preparations for the CT3GB listing began before the token enters the open market.

Transition to an In-House Settlement System

Today, most internal CT3 operations are carried out using the Polygon infrastructure. Following the launch of CT3GB, the company plans to transition all major financial processes within the platform to its own token.

CT3GB will be used to pay for data storage services, settle payments with infrastructure owners, distribute rewards, facilitate internal settlements between network participants, and carry out other operations required for the functioning of the CT3 Cloud ecosystem.

Thus, the token will become not merely an additional means of payment, but a fundamental element of the platform’s economy, facilitating the flow of value between users, storage infrastructure, and CT3 services.

Preparing the Economy Before the Listing

According to CT3, the sustainability of a tokenized economy is determined not by the moment of listing itself, but by the degree to which the infrastructure is prepared to operate after the listing.

That is why the company has already begun expanding its data storage network, increasing available computing capacity, and building reserves that will enable the platform to continue scaling without compromising performance.

Part of this strategy is being implemented through the Storage Contracts program. The company views it not as a separate stage of product development, but as one of the tools for building financial and infrastructure reserves. This approach makes it possible to gradually increase the network’s capacity while maintaining a high level of commercial utilization and, at the same time, creating the resource buffer required for the continued growth of the ecosystem after the listing.

A New Network Architecture

In parallel, CT3 continues to modernize its technology platform.

One of the key areas of development is the segmentation of the storage infrastructure into separate specialized smart contracts. Instead of relying on a single architecture, different products within the ecosystem are gradually being assigned their own contracts with independent capacity limits and resource accounting.

According to the company, this model will enable more efficient platform scaling, improve transparency in infrastructure utilization, and provide greater flexibility for developing new services without affecting products that are already operational.

Independent Audit Before the CT3GB Launch

Another mandatory stage of the preparation process will be an independent audit of the smart contracts.

Before CT3GB enters the public market, the company plans to complete a comprehensive review of the smart contract infrastructure that will support the token and the platform’s key services. The audit will focus on verifying the security of the contracts, the correctness of their business logic, and compliance with industry standards.

CT3 notes that the audit is considered an essential part of preparing for the public launch of the project’s economy and one of the factors that can help strengthen trust among users, partners, and cryptocurrency exchanges.

The Next Stage of CT3’s Development

The preparation for the CT3GB listing is part of CT3’s long-term development strategy aimed at creating a fully autonomous data storage infrastructure with its own economic model.

Once the preparations are complete, CT3GB will become the platform’s primary settlement asset and will be used for all internal operations across the ecosystem. At the same time, the value of the token will be driven not only by market demand but also by its practical utility in the day-to-day operation of CT3 Cloud services.

Infrastructure expansion, reserve creation, the implementation of a new storage architecture, and preparation for an independent audit are all part of a unified strategy designed to ensure that CT3GB launches within an ecosystem that is already prepared for further scaling and growth.

About CT3

CT3 is a technology company developing next-generation decentralized data storage infrastructure. The company’s ecosystem combines a distributed storage network, NFT-based access keys, automatic backup technologies, and a scalable smart contract architecture. CT3 solutions are designed for both individual users and the corporate sector, providing secure long-term data storage, backup, and protection of digital information.

Contact

CMO
Rodrigo Pereira
CT3
contact@ct-3.ltd

About Author

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.

Continue Reading

Press Release

SCANDIC TRADE Ultimate 2.6 is now complete – the SNC SCANDIC ECO-System is now fully operational

Published

on

Nottingham, United Kingdom, August 10th, 2026, Chainwire

Anyone who tracks digital assets is familiar with the problem: prices here, charts there, wallet transactions in yet another app, and portfolio notes in spreadsheets.

SCANDIC TRADE aims to put an end to this fragmentation. The new platform brings together market monitoring, AI-powered analysis, non-custodial trading (self-custody, trading directly from your own wallet without third-party access), portfolio management and features relating to the SNC SCANDIC COIN within a single, integrated workspace.

The approach is aimed at users who no longer wish to piece together information from numerous separate solutions. Instead of yet another isolated crypto tool, the aim is to create a central interface that clearly maps the journey from initial market monitoring through analysis to wallet-signed transactions. A key principle is upheld throughout: control over digital assets should remain with the user.

From a mix of tools to a personalised market dashboard

The SCANDIC TRADE dashboard combines global market data, trend indicators, top cryptocurrencies, search functions and account-related information. Registered users can personalise their overview: watchlists, portfolio holdings, active alerts, current market analyses and relevant signals are all consolidated within a single interface.

SCANDIC TRADE positions itself not merely as a price list, but as a working environment for structured decision-making. Users should be able to identify more quickly which digital assets are gaining momentum, where increased risks exist and which positions deserve special attention. The aim is not to reduce the market to a single metric, but to organise information in such a way that decisions can be prepared on a more sound basis and better understood later on.

AI market analysis as a research assistant

A key element is the AI-powered crypto market analysis. It evaluates selected digital assets based on live market data, historical price movements, technical indicators, liquidity, supply structure, volatility and the market environment. The results are presented in a standardised format that translates complex data into clearly structured insights.

Depending on the analysis, this may include market sentiment, a trend assessment, 10- and 30-day scenarios, a confidence value, the risk level, key influencing factors and a reasoned assessment. Particularly during volatile market phases, the benefit lies less in a supposedly infallible prediction than in the structured consolidation of relevant information.

SCANDIC TRADE uses a credit system for new calculations and certain premium technical functions. Existing analyses can be reused within defined update windows. This reduces duplicate queries, conserves technical resources and, at the same time, ensures that users can see how up-to-date an analysis is.

Non-custodial trading: your own wallet remains the decisive factor

A second pillar is the module for non-custodial trading and swaps. SCANDIC TRADE supports the preparation of buying and selling processes without centrally holding users’ assets. The platform compiles transaction data, guides users through the individual steps and leaves the final authorisation to the connected wallet.

The range of functions includes the selection of network and token, the use of user-defined contract addresses, slippage settings, the verification of price quotes, ERC-20 approvals and the final transaction signature. Before approval, users can check, amongst other things, the expected amount to be received, the minimum receipt amount, the estimated network fees and the selected route.

SCANDIC TRADE combines ease of use with the principle of self-custody: no final transaction takes place until the user signs it in their own wallet. This separation between preparation and authorisation is a key feature, particularly for users who wish to avoid centralised custody.

Charts, wallet payments and on-chain verification

For in-depth technical analysis, the platform integrates a TradingView chart workspace with symbol search, customisable time intervals, light and dark modes, and full-screen view. This allows price trends, candlestick patterns and market movements to be analysed within a familiar charting environment.

The $SNC SCANDIC COIN is also integrated into this analysis workflow. Exchange- or data-source-specific symbol formats can be resolved in the background, simplifying direct access to SNC charts.

Wallet-based processes are also used when purchasing credits. On-chain payments are verified based on the recipient, amount, network, transaction status and sender requirements before a credit is issued. This reduces the need for manual confirmations and links the use of paid platform features to traceable blockchain data.

SNC SCANDIC COIN as an integral component

For holders of SNC SCANDIC COIN, the so-called ‘Earn’ module consolidates staking functions on the Ethereum mainnet. Among other things, it displays SNC holdings, releases, staked amounts, outstanding staking rewards, the end of any lock-up periods, the current lock-up status, available reward reserves and potential deductions in the event of early withdrawal.

Users can unlock SNC, stake it, claim rewards, withdraw partial amounts or close a position entirely. At the same time, the interface provides information on the network, unlock requirements, lock-up periods, possible extensions and the conditions for early termination.

The coin is therefore not treated as an isolated add-on product, but is integrated into analysis, staking and management processes. This creates a central interface for the SNC ecosystem, where market information and practical use converge.

Portfolio, Alerts and Journal for an up-to-date overview

SCANDIC TRADE complements analysis and transactions with tools for personal organisation. Relevant coins can be saved to the watchlist and monitored using up-to-date market data. The portfolio module records holdings, quantities and average purchase prices, and uses these to calculate current value, invested capital, and realised and unrealised gains.

Alerts can be based on price levels, significant daily movements, changes to AI classifications, risk levels, confidence thresholds or forecast values. The journal provides space for documenting trades, fees, notes, opening and closing times, as well as for later comparison between initial assumptions and actual performance.

These features transform a one-off analysis into an ongoing workflow. Market monitoring, strategy, execution and evaluation thus remain more closely linked.

Technical infrastructure with a focus on availability

According to reports, SCANDIC TRADE was developed by a team of twelve developers over a period of around ten months. The work encompassed product planning, front-end and back-end development, wallet integration, AI analysis, trading and swap functions, staking integration, testing and technical optimisation.

SCANDIC TRADE’s technical foundation comprises no fewer than 10 IBM z17 high-end rack-mounted mainframes for enhanced AI capabilities and PQC cryptography options, as well as its own hyperscale infrastructure with locations in Manama (Bahrain), Kuwait City and Singapore. This environment, representing an investment in the millions, is designed to support the processing of market data, the coordination of analysis workflows, the monitoring of operations and the interlinking of the individual product modules. Organisationally, the platform is integrated into the international structure of the SCANDIC FINANCE GROUP, headquartered in Hong Kong.

To ensure data availability, the platform utilises primary and fallback sources, in-memory caching, the deduplication of similar queries, and persistent caches. Should a primary source be temporarily restricted or provide incomplete data, market pages should not immediately appear empty. The source and current status can be indicated when data does not originate from the primary live feed.

Transparency and responsible use

The platform’s concept includes publicly accessible pages on terms of use, data protection, cookies, risk disclosures, unauthorised use, AI ethics, accessibility and comprehensive compliance. In the crypto sector in particular, this level is more than just a formal addition: it creates a framework for how analysis functions, wallet processes and forecasting models should be interpreted.

AI analyses, alerts and scenarios are information tools. They may be inaccurate, are based on available data and are no substitute for individual assessment or financial advice. Digital assets remain highly volatile and can result in significant losses; this applies to the entire crypto market.

With its currently highly complex user interface and range of features, SCANDIC TRADE could establish itself in the market in the long term, particularly as, according to reports, the scope of functions is set to be significantly expanded. Data quality, technical reliability, transparent security processes and consistently transparent communication will be crucial; in this regard, the substantial investment in IBM’s z17 mainframes is likely to prove a truly ingenious move for SCANDIC TRADE.

However, the product approach meets a clear need: it reduces the need to switch between individual solutions without taking final control of the wallet and transactions out of the user’s hands, which enhances security and, in conjunction with the internationally active KYC partner CRIF, currently constitutes a unique selling point.

The combination of AI-powered market analysis, non-custodial trading, portfolio tools and the integration of the SNC SCANDIC COIN creates a comprehensive system that offers guidance to newcomers as well as a structured working environment for experienced users.

Further information can be found here: https://www.Scandic.Trade

This PR is intended solely for journalistic information and does not constitute investment, financial, legal or tax advice. The editorial team accepts no liability – to the extent permitted by law – for information provided by SCANDIC TRADE or third parties; financial decisions are made solely at the reader’s own risk.

Contact

Peter Wilson
info@NottinghamGuardian.co.uk

About Author

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.

Continue Reading

Press Release

Bookmap Announces Partnership with Plus500 to Expand Futures Trading Access

Published

on

Nicosia, Cyprus, August 10th, 2026, FinanceWire

Bookmap has announced a new partnership with Plus500, bringing together advanced market visualization with institutional-grade execution infrastructure for futures traders.

This collaboration introduces two distinct ways for traders to access futures markets through Bookmap using Plus500’s technology:

  • Direct brokerage access, enabling traders to open and fund a Plus500 account and operate within a fully integrated trading environment
  • Order routing integration, allowing traders to connect Bookmap to Plus500’s execution infrastructure while keeping their existing broker

Expanding Access to Futures Markets

Through Plus500’s infrastructure, Bookmap users can now access major global futures exchanges with a streamlined setup and a reliable execution environment.

For traders already working with a broker or FCM, the order routing solution provides a flexible path to upgrade execution without changing existing relationships. Once approved, users can connect Bookmap directly using Plus500 credentials and begin trading with minimal setup time.

For those looking for a more unified setup, Plus500’s brokerage offering delivers account management, execution, and market access within a single environment, removing the need to coordinate across multiple providers.

Simplifying Market Data and Infrastructure

One of the more notable aspects of the integration is how it simplifies the overall trading stack.

When using Plus500’s infrastructure, traders benefit from:

  • Included Level 2 market data for eligible non-professional users
  • No additional market data fees in the integrated setup
  • High-quality MBO data, providing detailed visibility into market activity

Combined with Bookmap’s visualization tools, this creates a more complete view of liquidity, order flow, and execution conditions, without the complexity of sourcing multiple data providers.

Bringing Together Visualization and Execution

Bookmap’s platform is widely used for analyzing order flow through tools such as heatmaps, volume visualization, and trade activity tracking. By integrating Plus500’s execution and brokerage infrastructure, traders can now move more seamlessly from analysis to execution within the same workflow.

“We’re excited to provide Bookmap users with direct connectivity to Plus500, delivering a seamless, end-to-end futures trading solution. Our proprietary technology infrastructure is designed for reliability, low-latency execution, and institutional-grade performance. By combining Plus500’s robust brokerage and execution capabilities with Bookmap’s advanced visualization tools, traders can access the futures markets with greater confidence, speed, and precision,” said Isaac Cahana, Plus500US CEO.

“This partnership brings together the two core pillars of Plus500’s offering: our FCM solutions and trading technology,” said Oded Mathan, VP of Products at Plus500US. “We have built an integrated infrastructure that supports the entire customer journey – from account opening, funding, reporting, and advanced risk management to market data and trade execution. By unifying these capabilities, we simplify complex futures infrastructure and create a scalable model for Bookmap customers and financial partners.”

“Traders today are often forced to piece together multiple tools just to get a complete view of the market. This partnership changes that. By combining Bookmap’s visualization with Plus500’s execution and data infrastructure, we’re giving traders a more direct, streamlined way to understand and act on market activity,” said Tsachi Galanos, Bookmap CEO.

Flexible Setup for Different Trading Needs

The partnership is designed to support different types of traders:

  • Those who want to retain their existing broker while improving execution infrastructure
  • Those who prefer an all-in-one brokerage and trading environment
  • Introducing brokers (IBs) and partners looking to leverage Plus500’s infrastructure alongside Bookmap’s platform

This flexibility allows traders to choose the setup that best fits their workflow, without compromising on data quality or execution performance.

Availability

The Bookmap and Plus500 integration is now available. Traders can either request connectivity through their broker or open a Plus500 account to access the full integrated setup.

Users can learn more about Plus500 Brokerage: https://bookmap.com/en/partner/plus500-brokerage 

Request Plus500 Connectivity: https://bookmap.com/en/partner/plus500-order-routing 

About Bookmap

Bookmap provides advanced visualization of market liquidity and order flow, helping traders analyze price action with greater transparency. The platform is used globally across futures, equities, and digital asset markets.

About Plus500

Plus500 is a global fintech group offering trading technology and brokerage services to traders and financial institutions. In the United States, Plus500US is a regulated Futures Commission Merchant (FCM), providing access to futures, options, and related markets through proprietary infrastructure.

Contact

Chief Marketing Officer
Josh Panzer
Bookmap
joshp@bookmap.com

About Author

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.

Continue Reading

LATEST POST