Press Release
What’s the NFT game Tencent & Alibaba Rush into?
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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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.
Bloger.fm, an independent daily AI briefing, files public AI announcements under the organisations and products they concern, so readers can follow one company or scan the whole field in minutes through daily briefings and entity pages.
United States, 5th Oct 2026, Grand Newswire – SAN FRANCISCO, October 4, 2026 — Bloger.fm is a daily AI briefing that groups each day’s announcements by the companies and products behind them. The independent publication reads a monitored feed of public AI announcements, including model releases, product launches and research, and files each item under the organisation and product it concerns. A day’s news reads as a set of company briefings rather than one long timeline, so readers can find what changed at the companies they follow in minutes.
“AI news arrives as a stream, but readers think in companies,” said Andy, founder of Bloger.fm. “We file every day by organisation and product, so you can follow one company closely or scan the whole field in a single sitting.”
One Match, Two Ways to Read
Bloger.fm matches each item against a hand-maintained dictionary of organisations, products and standards. The same match builds both of its views. A daily briefing groups one day’s items into company sections, and an entity page for every tracked organisation, product or standard collects everything recorded about it across a rolling coverage window.
A reader who follows a single company, such as OpenAI or Google, can start from its entity page. A reader who wants the whole field can open a day’s briefing. Entity pages link to official channels, and an RSS feed is available for those who prefer to read in their own reader.
Items keep their original wording, and the briefing is organised by the site’s published editorial policy, which covers how items are matched, ordered and corrected.
Independent by Design
Bloger.fm carries no advertising and takes no sponsorship. It has no commercial relationship with any company it covers, and no company can influence what appears in a briefing or how it is ordered. Briefings are published under the Bloger.fm Editorial Desk.
About Bloger.fm
Bloger.fm is an independent daily briefing on artificial intelligence. It reads a monitored feed of public AI announcements and files each item under the organisation and product it concerns, so a day’s news reads as a set of company briefings rather than a chronological feed. Every entity it tracks has its own page. It carries no advertising and takes no sponsorship. Read more at Bloger.fm.
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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.
MFN Partners Management is expanding its team as part of its broader research and development plans. The Boston-based investment manager continues to strengthen its investment research framework, quantitative capabilities and professional education activities while maintaining an emphasis on independent judgment and disciplined risk management.
United States, 5th Oct 2026 – Investment managers are increasingly examining how fundamental research, quantitative methods and professional knowledge can work together as financial markets become more interconnected and data-intensive.
Against this backdrop, MFN Partners Management is expanding its team to support the continued development of its research and quantitative capabilities. The expansion forms part of the firm’s longer-term business plans and is intended to provide additional support across investment research, quantitative research and professional education activities.
As the volume and complexity of market information continue to increase, investment organizations are placing greater emphasis on how data, analytical tools and professional expertise can complement established research processes. MFN’s development approach reflects this broader environment while continuing to emphasize independent judgment and disciplined risk management.
The firm is also working to strengthen the relationship between quantitative research and traditional investment analysis. Rather than positioning quantitative methods as a replacement for investment judgment, MFN aims to develop a broader research framework in which different analytical perspectives can be considered together.
The expansion of the team is also expected to support the firm’s professional education and knowledge-exchange activities. These initiatives are focused on investment research, quantitative methods and market analysis for professional and research-oriented audiences.
These developments form part of a gradual growth strategy rather than a change in the firm’s underlying investment philosophy. MFN continues to emphasize in-depth research, independent judgment and risk discipline as foundations of its investment approach.
As its research and development plans evolve, the firm expects to continue strengthening its internal capabilities and related professional activities. Any investment services and related activities remain subject to applicable jurisdictional requirements, client eligibility criteria, contractual terms and relevant legal requirements.
Further information regarding MFN’s research activities, team development and related business initiatives will be communicated through the firm’s official channels as appropriate.
About MFN Partners Management
MFN Partners Management, L.P. is an investment management firm headquartered in Boston, United States. Its investment approach emphasizes in-depth research, independent judgment and risk discipline. The firm is also developing activities related to investment education, quantitative research and professional knowledge exchange. Investment services and related activities are conducted subject to applicable jurisdictions, client eligibility requirements, contractual terms and relevant legal requirements. Current information regarding the firm and its services should be referenced through its official website and applicable regulatory disclosures.
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The post MFN Partners Management Expands Partner Team and Broadens Global Business Development 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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Moshi, Tanzania, October 5th, 2026, FinanceWire
The initiative with Kijana Kwanza furnishes seven family-style homes for up to 250 beneficiaries in Tanzania.
STARCARES, the CSR initiative of STARTRADER, has partnered with Kijana Kwanza in Tanzania to equip seven new foster homes for up to 250 beneficiaries. By turning newly built housing into safe, functional homes, the initiative supports the stability children need to continue their education and move towards greater independence.
STARCARES has provided beds, mattresses, bedding, wardrobes, cooking stoves, dining tables and chairs, enabling the homes to function from day one. The support forms part of its Where Tomorrow STARs Begin programme, focused on education, youth development and long-term opportunity.
Kijana Kwanza, meaning “Young People First,” is a Moshi-based NGO providing holistic care for 250 beneficiaries aged 5–22 through education, vocational training, life skills, shelter and community programmes, with its wider programme of services reaching over 23,000 people
“STARCARES is helping us turn these new houses into real homes. Their support provides the everyday essentials our children need to live with dignity, stability and care from the moment they move in.” — Mujibu Idrisa Abeid, CEO, Kijana Kwanza
For many of the children supported by Kijana Kwanza, a secure home is the foundation for staying in education, building practical skills, growing in confidence and progressing towards independence.
“What matters most is giving young people the stability to feel safe today and the confidence to imagine a different tomorrow. That is the value we want STARCARES to create: support that strengthens lives and opens opportunities for the future.”— Muhammed Padhani, CCO of STARTRADER
The Tanzania initiative builds on STARCARES’ work in Nigeria, Vietnam, Thailand and the Philippines, reaching more communities where young people need safer spaces, greater care and stronger opportunities.
Guided by its principle, “Bringing STAR, Delivering CARE,” STARCARES continues expanding its reach where support is needed most, turning essential needs into stronger foundations for young people to live, learn and move forward with confidence.
About STARTRADER
STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STARTRADER APP, and STAR Copy.
STARTRADER operates through entities licensed and regulated by authorities including CMA, ASIC, FSCA, FSA and FSC, combining strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.
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Janna.magabilen
Janna.magabilen@startrader.com
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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.
Bloger.fm Organises Daily AI Announcements by Company and Product
MFN Partners Management Expands Partner Team and Broadens Global Business Development
STARCARES Equips Seven Foster Homes for Children and Young People in Tanzania
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