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

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4 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

CBD Movers Invests in Scalable Systems to Support Long-Term Growth

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44 minutes ago

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January 16, 2026

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Australia, 16th Jan 2026 – CBD Movers is investing in scalable operational systems to support long-term growth across residential, commercial, and interstate relocation services. The investment reflects the company’s focus on building infrastructure that can support increasing demand without disrupting service quality.

As relocation volumes continue to rise, CBD Movers is strengthening internal systems to support consistent delivery across expanding operations. The approach prioritises stability, clarity, and adaptability.

Building Capacity for Sustainable Growth

The investment will support:

  • Systems designed to handle higher booking volumes
  • Improved coordination across multiple locations
  • Stronger operational oversight during peak periods

These systems aim to support growth without creating service bottlenecks.

Supporting Consistency Across Operations

Scalable systems allow teams to work within clear processes. They reduce variation. They also support better planning across locations.

This structure helps maintain consistency as services expand.

Improving Operational Visibility

The upgraded systems will improve visibility across operations. Teams will have clearer insight into scheduling, resource allocation, and workload distribution.

Better visibility supports faster decision-making and reduces delays.

Strengthening Customer-Facing Processes

Scalable systems also support customer-facing improvements. These include:

  • Clearer booking workflows
  • More accurate service coordination
  • Improved communication across move stages

These updates are designed to support clarity and predictability.

Focus on Long-Term Stability

CBD Movers views scalable infrastructure as critical to long-term operations. Growth without structure increases risk. Systems help reduce that risk.

“Strong systems allow growth to remain controlled and predictable,” the company stated. “They support both teams and customers as demand increases.”

Responding to Market Growth

The investment aligns with broader growth across Australia’s relocation sector. CBD Movers aims to support this growth through systems that can adapt as demand evolves.

Advancing Operational Infrastructure

CBD Movers will continue reviewing and upgrading systems as part of its long-term strategy. Further updates will be shared as new capabilities are introduced.

About CBD Movers
CBD Movers is an Australian moving company specialising in local, interstate, and commercial relocations. Operating across major cities nationwide, the company focuses on transparent pricing, operational efficiency, and customer-focused service delivery.
Website: cbdmovers.com.au

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Organization: CBD Movers

Contact Person: Support Team

Website: https://www.cbdmovers.com.au/

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Contact Number: +11300223668

Country:Australia

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The post CBD Movers Invests in Scalable Systems to Support Long-Term Growth 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

Donato Tramuto Urges Shift Toward Compassionate Leadership in Schools, Workplaces, and Government

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2 hours ago

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January 16, 2026

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  • As burnout, division, and disconnection rise, Tramuto calls on individuals to lead with care—starting with themselves

Ogunquit, Maine, 16th January 2026, ZEX PR WIRE, Donato Tramuto, global health leader and founder of the TramutoPorter Foundation, is sounding the alarm on a growing leadership crisis—and offering a solution that starts with each of us: compassion.

Through his work across healthcare, education, and global advocacy, Tramuto has championed compassionate leadership as a powerful tool to transform broken systems and burnt-out communities. His call to action comes amid growing evidence that leaders at every level—CEOs, principals, and policymakers—are facing increasing pressure to lead with empathy, not ego.

“You can’t lead effectively in today’s world without understanding the human side of leadership,” said Tramuto. “The next generation expects it. The current generation needs it. And it starts with how we show up every day—with care, courage, and curiosity.”

The Leadership Crisis by the Numbers

Data paints a clear picture:

  • 70% of executives have considered quitting due to burnout (Deloitte, 2023)

  • 79% of educators report high job-related stress (NEA, 2023)

  • 63% of Gen Z don’t trust political leaders to do the right thing (Harvard Youth Poll, 2023)

At the same time, there is rising demand for emotionally intelligent leadership:

  • 84% of employees prefer leaders who show empathy and support (LinkedIn, 2024)

  • Teams led by compassionate managers report 23% better performance and 50% lower burnout (Stanford, 2022)

“We keep rewarding speed, output, and control,” Tramuto said. “But what we actually need are leaders who slow down, listen, and connect. That’s where the impact lives.”

Compassion in Action: What It Looks Like

Through his Foundation’s global programs—including the Compassionate Leadership Italy Cohort—Tramuto has helped educators, healthcare professionals, and young leaders build real-world skills rooted in care and connection.

Participants in these programs report:

  • Greater trust among teams

  • Higher engagement from students

  • More confidence navigating conflict and identity-based conversations

One participant in Florence said, “This was the first leadership training that made me feel seen—not just as a teacher, but as a person.”

The Call to Action: Start with You

Tramuto isn’t asking for new policies or big donations. He’s asking people—especially those in leadership positions—to look inward.

“Before we ask others to change, we need to model it ourselves. That means checking in on our own well-being. That means making space for honest conversations. That means caring out loud.”

Here are 5 small ways anyone can lead with compassion right now:

1. Start Meetings with a Human Check-In

Ask how people are doing before diving into tasks. It builds trust and lowers tension.

2. Replace Judgment with Curiosity

When conflict arises, ask: “What else could be going on here?” Pause before reacting.

3. Say ‘I Don’t Know’ More Often

Admitting uncertainty creates psychological safety. It invites collaboration.

4. Celebrate Quiet Wins

Recognize effort, not just outcomes. A simple “I saw what you did there” goes far.

5. Practice One Act of Self-Compassion Daily

Take a five-minute break. Write down what went well. Forgive a small mistake. Leading others starts with leading yourself.

Looking Ahead

Tramuto’s efforts are gaining momentum. The TramutoPorter Foundation is expanding its educator fellowship, planning new cross-cultural initiatives, and launching training resources designed for today’s most critical environments—schools, boardrooms, and communities.

“This isn’t about being soft,” Tramuto emphasized. “It’s about being strong enough to lead with heart—and smart enough to know that it works.”

About Donato Tramuto

Donato Tramuto is an award-winning healthcare executive, author of The Double Bottom Line, and founder of the TramutoPorter Foundation. Known globally for his work in compassionate leadership, he has empowered thousands of students, educators, and professionals to lead with empathy, effectiveness, and purpose.

About the TramutoPorter Foundation

Founded in 2001, the TramutoPorter Foundation has impacted over 130 organizations and countless individuals through its support of education, healthcare access, and human rights. Its Compassionate Leadership initiatives span the U.S. and Europe, creating ripple effects in classrooms, companies, and communities.

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Press Release

Church of Scientology Nashville to Host Interfaith Panel for World Interfaith Harmony Week

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3 hours ago

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January 16, 2026

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Nashville, Tennessee, 16th January 2026, ZEX PR WIRE, In observance of World Interfaith Harmony Week, the Church of Scientology Nashville will host an interfaith panel discussion titled “Finding Common Ground” on Sunday, February 1, 2026, from 3:30 to 5:30 PM. The event will bring together leaders from diverse faith traditions for a thoughtful conversation focused on unity, mutual respect, and understanding across religious lines.

The panel will explore shared values that connect faith communities and how dialogue can strengthen harmony in an increasingly diverse society. Attendees will have the opportunity to hear perspectives rooted in different spiritual traditions, all centered on cooperation and peaceful coexistence.

The discussion will be moderated by Rev. Brian Fesler, Pastor of the Church of Scientology, who has long been involved in interfaith initiatives in Middle Tennessee. The panel will feature faith leaders representing Christian, Muslim, and Hindu traditions, reflecting the broad religious landscape of Nashville.

World Interfaith Harmony Week, observed annually in early February, was established by the United Nations to encourage interfaith dialogue and cooperation as a pathway to peace. The Church of Scientology Nashville regularly participates in and hosts interfaith events as part of its commitment to fostering understanding among religions.

The event will take place at the Church of Scientology, located at 1130 8th Avenue South, Nashville, TN 37203. The panel discussion is open to the public, and members of the community are invited to attend and take part in this meaningful exchange.

For more information about this event or upcoming interfaith activities, please contact the Church of Scientology Nashville.

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