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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

SS Support Network Releases 2026 NEMT Back-Office Report and Launches Free Operations Audit for U.S. Providers

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5 hours ago

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September 1, 2026

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New analysis from the healthcare outsourcing company finds that non-emergency medical transportation providers lose the most revenue in back-office operations — unanswered calls, dispatch gaps, and broker-compliance issues — rather than on the road.

Vancouver, WA, United States, 1st Sep 2026, Grand Newswire – SS Support Network LLC, a U.S.-registered healthcare and non-emergency medical transportation (NEMT) back-office outsourcing company founded in 2020, today released its 2026 NEMT Back-Office Report and announced a free operations audit for U.S. transportation providers. Drawn from the company’s work across more than 200 clients and over 200,000 processed claims, the report identifies where NEMT providers lose trips, revenue, and broker trust, and finds that the costliest failures occur in back-office operations rather than in vehicles or drivers.

The report arrives as demand for medical transportation rises and broker requirements tighten. Industry data places the U.S. NEMT market at roughly $17 billion with mid-single-digit annual growth, while U.S. Census Bureau projections indicate 73.1 million Americans will be aged 65 or older by 2030. Published industry analyses estimate NEMT driver turnover above 64% annually and put the cost of missed medical appointments to the U.S. healthcare system at approximately $150 billion per year, with transportation barriers among the leading contributors.

According to the report, most providers focus on vehicles and drivers while the largest financial losses occur elsewhere: after-hours calls sent to voicemail, will-call returns left unmanaged, broker portals worked inconsistently, and credentials that lapse unnoticed until trips stop or an audit occurs. SS Support Network states that these gaps reduce trip volume, weaken broker relationships, and lower customer satisfaction even when a provider’s fleet and drivers perform well.

The company reports measurable results from its own engagements. In anonymized client outcomes, SS Support Network released $28,000 in previously held Modivcare billing for payment, generated approximately $9,800 in new broker-driven revenue for another provider within about two months, and helped raise one transportation company’s public review rating from 1.8 to 3.7 through consistent, in-name customer support. In a separate engagement, an East Coast NEMT provider transferred its full back office to the company and expanded from a single state to multiple states while SS Support Network continued to manage day-to-day operations for more than two years.

“Most NEMT owners assume their problem is vehicles and drivers,” said Nimra Khalid, Co-Founder & Chief Operating Officer of SS Support Network. “In our experience, the revenue is usually lost in quieter places — a phone going to voicemail overnight, a broker portal left untouched, a credential that expired. When the back office is corrected, the same fleet completes more trips and retains more broker business.”

Alongside the report, SS Support Network is making a free operations audit available to U.S. NEMT providers. The audit is a written review of a provider’s calls, dispatching, scheduling, and broker activity that identifies specific operational issues and recommended corrections, provided at no cost. The company’s agents are HIPAA-trained and operate under a signed Business Associate Agreement (BAA), working within a provider’s existing dispatch software and broker portals, including Modivcare, MTM, and Access2Care.

“Operators should be able to see where they are losing money, in writing,” Nimra added. “If we are not the right fit, the audit says so.”

The 2026 NEMT Back-Office Report and details of the free operations audit are available at https://sssupportnetwork.llc/.

About SS Support Network
SS Support Network LLC is a U.S.-registered business process outsourcing (BPO) company founded in 2020 and headquartered in Vancouver, Washington. The company provides back-office operations for healthcare and transportation businesses, including 24/7 call handling, NEMT dispatch, patient scheduling, medical billing, and provider credentialing, delivered by HIPAA-trained teams serving clients across all 50 U.S. states. More information is available at https://sssupportnetwork.llc.

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Organization: SS Support Network

Contact
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https://sssupport.net

Email:

info@sssupport.net

Address:9407 NE Vancouver Mall Dr

City: Vancouver

State: WA

Country:United States

The post SS Support Network Releases 2026 NEMT Back-Office Report and Launches Free Operations Audit for U.S. Providers
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Press Release

Aster and World Liberty Financial Launch USD1 RWA Boost: Phase 1, Offering 125M $WLFI + 6.25M USD1 in Rewards

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5 hours ago

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September 1, 2026

By

George Town, British Virgin Islands, September 1st, 2026, Chainwire

Aster, the privacy-first onchain trading platform backed by YZi Labs, today announced the kickoff of USD1 RWA Boost: Phase 1 with World Liberty Financial (WLFI), featuring 125,000,000 $WLFI and 6,250,000 USD1 in rewards.

The campaign builds on AOS-2, Aster’s earlier expansion of its Aster Open Standards (AOS) framework from spot markets to perpetuals.

Leonard, CEO at Aster, said: “AOS-2 is turning Aster from a decentralized perp exchange into an open infrastructure layer where anyone can launch and operate their own perpetual markets on top of Aster Chain. The first USD1 RWA perpetuals show that model is already working.”

AOS-2: A Published Standard for Perpetual Listings

AOS-2 is Aster’s standardized, onchain framework for initiating perpetual market listings, enabling projects to propose new markets through a transparent and automated process.

Applicants stake 1 million $ASTER, locked for four years with no early exit, before the proposal goes to an onchain validator vote. If approved, Aster’s risk team configures the market and the perpetual can go live as early as T+1; if rejected, the stake is returned in full. 

Listing access runs on published onchain rules, while leverage and other trading parameters stay under Aster’s risk controls, letting Aster bring new markets to traders faster without giving up risk management.

USD1 RWA Boost Phase 1: 125M $WLFI + 6.25M USD1 in Rewards

The campaign runs from August 31 through December 31, 2026, covering SPCX/USD1, CL/USD1, XAU/USD1, SNDK/USD1, SKHYNIX/USD1, and MU/USD1. 

Users earn Trading Points through taker volume on eligible USD1 pairs, which determine their share of the USD1 reward pool, while Open Interest (OI) Points are earned by holding eligible positions and determine their share of the $WLFI reward pool. Traders using Single Asset Mode with USD1 as collateral receive a 2x boost on OI Points. Rewards are calculated across weekly epochs and distributed the following week.

“When real-world assets trade onchain, the settlement asset matters as much as the market itself. Perpetuals on gold, energy, and equities, all denominated in USD1, give traders one dollar instrument across every one of these markets, and that is what stablecoins were built to do. We are supporting these markets because this is where onchain market structure is heading, and Phase 1 is only the start,” said Zach Witkoff, Co-Founder and CEO at World Liberty Financial.

Building the Frontier of Onchain Trading

AOS-2 gives Aster a repeatable, onchain path for bringing new markets to the platform, and the first USD1 RWA perpetual listings show that path is already at work. Paired with the ecosystem support from Aster and WLFI, the launch turns a new listing framework into real trading activity from day one.

As more real-world and crypto-native assets move onchain, Aster aims to become a leading venue for bringing new asset markets onchain. The map gets bigger from here.

About Aster

Aster is a privacy-first onchain trading platform backed by YZi Labs, with unique features like Hidden Orders to protect user trading activity. It pioneers the frontier of on-chain trading through perpetual futures, spots, and earn products for top-trending assets, including RWAs, memes, and core crypto markets. It is powered by Aster Chain, a Layer 1 blockchain built to power the future of decentralized finance.

Users can learn more about Aster on the official website or follow Aster on X.

*Disclaimer: Eligible pairs, reward parameters, and campaign rules are subject to change during the campaign. Please refer to the official campaign page for the latest eligible pair list and campaign details. Trading cryptocurrencies and leveraged products involves significant risk and may result in the loss of capital. This announcement is for informational purposes only and does not constitute investment or financial advice.

Contact

Marketing Manager
Lola Chen
Aster DEX
lola.chen@asterdex.com

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Press Release

BREW Children’s Book Excellence Award 2026 Winners Announced

Published

5 hours ago

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September 1, 2026

By

Australia, 1st Sep 2026, Grand Newswire –
 

The Chrysalis BREW Project has announced the winners of the BREW Children’s Book Excellence Award 2026, recognising four children’s books across travel fiction, picture books, fantasy and bilingual literature.

The 2026 recipients are:

  • Travel Fiction: Kiera & Lamby: Tokyo by Nicole O’Connor
  • Children’s Picture Book: Bartholomew the Badger Listens Closely by Shanela Parvez
  • Fantasy: Journey to Superhero School by Gracie Dix
  • Bilingual Children’s Literature: Pablo by Mar Andersons

 

The selected books span different settings, genres and storytelling approaches while sharing an emphasis on imagination, discovery and experiences relevant to young readers.

In Kiera & Lamby: Tokyo, Nicole O’Connor takes young readers on an imaginative journey through Tokyo, incorporating elements of Japanese culture and travel.

Shanela Parvez’s Bartholomew the Badger Listens Closely centres on Lulu, a young hedgehog whose ability to notice what others overlook becomes important when her community faces an approaching storm. 

Journey to Superhero School by Gracie Dix follows young siblings discovering their unusual abilities and learning to manage the challenges that come with them, combining fantasy and family-centred storytelling.

Mar Andersons’s Pablo receives recognition in the Bilingual Children’s Literature category for its focus on language, culture and connections between different communities through children’s storytelling.

More details about this announcement can be found at The Chrysalis BREW Project’s website. 

About the BREW Children’s Book Excellence Award

The BREW Children’s Book Excellence Award is a literary recognition presented by The Chrysalis BREW Project to acknowledge notable children’s books across a range of genres and categories. The award considers the qualities that contribute to an engaging and meaningful reading experience for young audiences, including storytelling, creativity, presentation and relevance to children.

About The Chrysalis BREW Project

The Chrysalis BREW Project is an independent literary and arts platform that publishes book reviews, literary features, interviews and other creative work. Through its editorial and recognition programmes, BREW provides a space for writers, artists and creators to share their work and receive literary attention. The project also presents a range of international book, blog, and poetry awards recognising works across different genres and forms.

 

Media Contact

Organization: The Chrysalis BREW Project

Contact
Person: The Chrysalis BREW Project

Website:

https://thechrysalisbrewproject.com/

Email:

info@thechrysalisbrewproject.com

Country:Australia

The post BREW Children’s Book Excellence Award 2026 Winners Announced
appeared first on Grand Newswire.
It is provided by a third-party content provider. Grand Newswire makes no
warranties or representations in connection with it.

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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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