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

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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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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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Press Release

WeChange Launches Across 190+ Countries to Expand Crypto Access Worldwide

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Budapest, Hungary, 2nd February 2026, ZEX PR WIREWeChange, a noncustodial global crypto onramp, announces the official launch of its noncustodial fiat-to-crypto on-ramp, designed to simplify how everyday users buy and sell digital assets while maintaining full control of their funds. The platform goes live globally on January 30, supporting bank transfer methods across more than 190 countries.

Built to address the complexity and high fees often associated with traditional crypto exchanges,WeChange enables users to access crypto through familiar payment rails, including SEPA, ACH, Faster Payments, PIX, and SPEI. Fees start at 2.5 percent, offering a more transparent
and affordable alternative to platforms that frequently charge significantly higher rates.

Reducing Friction in Crypto Onboarding

WeChange is designed for users who want a straightforward way to enter the crypto ecosystem without navigating complicated interfaces or relinquishing custody of their assets. As a noncustodial platform, WeChange does not hold user funds. All transactions are executed
directly to users’ wallets, prioritizing transparency, control, and security.

The platform is available across most of Europe, the Americas, Asia Pacific, and Africa, with availability determined by local regulatory requirements. Certain jurisdictions remain restricted in accordance with international compliance standards.

Launch Features and Roadmap

At launch, users can transact using supported bank transfer methods, allowing them to buy and sell crypto directly through their local financial infrastructure. Credit and debit card support is planned for Q2 2026 and will enable users to purchase crypto through an in-app card experience. When introduced, card payments will support major networks including Visa, Mastercard, and American Express.

The January launch marks the first milestone in WeChange’s broader roadmap, which focuses on expanding payment options, improving user onboarding, and continuing to lower barriers for individuals entering the crypto economy. Users can find detailed information on supported regions, payment methods, and upcoming features at www.wechange.com

About WeChange

WeChange is a global, noncustodial fiat-to-crypto on-ramp built to make digital asset access simpler, more transparent, and more affordable. By supporting local bank transfers and prioritizing user self-custody, WeChange enables individuals worldwide to buy and sell crypto without unnecessary complexity or excessive fees.

For more information, visit www.wechange.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.

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Press Release

Vanilla Gift Cards in 2026: Usage, Balance Verification, and Market Overview

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Nigeria, 2nd Feb 2026 – Vanilla Gift Cards continue to play a significant role in the global prepaid card ecosystem. Widely used for online purchases, gifting, and digital subscriptions, these prepaid cards remain popular across multiple regions, including North America, West Africa, and other international markets. However, despite their broad recognition, Vanilla Gift Cards are not always straightforward to use, particularly in cross-border and online transaction environments.

As a result, secondary gift card trading platforms have become an increasingly relevant part of the digital payments landscape.

Understanding How Vanilla Gift Cards Work

Vanilla Gift Cards are prepaid cards typically issued under major payment networks such as Visa and Mastercard. They are available in both physical and digital formats and are preloaded with a fixed value. Because they are not linked to personal bank accounts, they are commonly used as alternative payment instruments.

While Vanilla Gift Cards appear uniform to consumers, industry professionals recognize that cards issued through different channels and banking partners may behave differently during online transactions. Factors such as issuing characteristics, security controls, and merchant acceptance policies can influence whether a card is successfully used on a particular platform.

Usage Limitations and Transaction Challenges

Although Vanilla Gift Cards are accepted by many merchants, users in certain regions often encounter limitations. These may include declined payments, restricted merchant access, or incompatibility with specific online platforms.

Such challenges are not unique to Vanilla Gift Cards. They reflect broader issues related to prepaid card usage across borders, where fraud prevention systems and regional payment policies play a central role. For many users, these restrictions reduce the practical usability of prepaid cards, even when the card itself remains valid and funded.

Secondary Market Activity and Sell Vanilla Gift Card

In response to these limitations, a secondary market for gift card trading has developed. Instead of attempting repeated transactions on restricted platforms, users increasingly choose to exchange unused gift cards for local currency through structured trading services.

In countries such as Nigeria and Ghana, Vanilla Gift Cards remain actively traded due to consistent demand and their recognition as reliable prepaid instruments. The growth of this market has led to the emergence of specialized platforms that focus on secure evaluation, verification, and exchange processes.

Platforms such as Migo – Sell Gift Cards operate within this ecosystem by providing structured mechanisms for converting prepaid cards into cash. Rather than treating all cards identically, such platforms assess cards based on multiple criteria, including card format, remaining balance, issuing attributes, and prevailing market conditions. This approach helps reduce uncertainty for users seeking legitimate and efficient exchange options.

Balance Verification as an Industry Standard

Verifying a Vanilla Gift Card balance is a standard step prior to use or exchange. Cardholders typically confirm balances through official balance-check channels to ensure accuracy.

Within secondary trading environments, balance verification is also a critical requirement. Platforms like Migo – Sell Gift Cards incorporate verified balance information into their assessment processes, enabling clearer valuation and more predictable transaction outcomes. This practice reflects broader industry standards aimed at improving transparency and user confidence.

Regional Access and Global Participation

The gift card trading market operates across multiple regions, with varying levels of access and processing efficiency. In West Africa, particularly Nigeria and Ghana, prepaid cards such as Vanilla Gift Cards are commonly exchanged due to their role as alternative payment tools in digital commerce.

Global platforms that support these regions illustrate how gift card trading has evolved from informal exchanges into structured digital services. By offering standardized processes and cross-border accessibility, platforms like Migo reflect the growing institutionalization of the gift card resale market.

Industry Context and Consumer Considerations

As prepaid cards continue to be integrated into global commerce, consumer awareness remains essential. Understanding that prepaid cards may function differently depending on issuing and transactional factors helps users make informed decisions about usage and exchange.

Equally important is the role of transparent and compliant platforms in supporting this ecosystem. Structured trading services do not eliminate all risks, but they provide clearer frameworks for users navigating the complexities of prepaid card usage in international markets.

Conclusion

Vanilla Gift Cards remain a widely recognized component of the global prepaid card market. While their flexibility makes them appealing, real-world usage limitations have contributed to the growth of secondary gift card trading platforms.

Within this evolving landscape, services such as Migo – Sell Gift Cards represent a structured response to user demand for secure, transparent, and efficient gift card exchanges. As digital payments continue to expand across regions, the role of such platforms is likely to remain an important part of the broader financial ecosystem.

Website: https://www.migogiftcard.com

iOS Download Link: https://apps.apple.com/us/app/migo-sell-gift-cards/id6670494373

Playstore Link:

https://play.google.com/store/apps/details?id=com.antwallet.giftcard

Media Contact

Organization: Migo – Sell Gift Cards

Contact Person: Media Relations

Website: https://www.migogiftcard.com

Email: Send Email

Country:Nigeria

Release id:40901

The post Vanilla Gift Cards in 2026: Usage, Balance Verification, and Market Overview 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

CryptoEasily Issues Market Commentary and Operational Update Amid Changing Liquidity Conditions

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London, United Kingdom — CryptoEasily, a digital asset computing services company, today released an operational and market context update addressing recent liquidity developments in global financial markets and their broader implications for digital asset infrastructure providers. The update outlines the company’s perspective on current macroeconomic conditions and confirms the continued stability of its platform operations.

Recent liquidity activity within the global financial system has contributed to shifting market conditions across a range of asset classes, including digital assets. While these developments do not indicate a definitive change in long-term market direction, they have influenced short-term sentiment and prompted renewed evaluation of structural fundamentals within the digital asset ecosystem.

CryptoEasily noted that market behavior is increasingly shaped by macroeconomic factors, liquidity availability, and infrastructure resilience rather than short-term speculative activity. As the digital asset sector matures, valuation dynamics are being assessed with greater emphasis on utility, settlement efficiency, and long-term sustainability.

Operational Overview

As part of its update, CryptoEasily confirmed the continued operation of its cloud-based digital asset computing platform, which enables users to access computing capacity without direct hardware ownership or maintenance. The company stated that its systems remain subject to routine internal controls, security reviews, and compliance procedures aligned with its operational standards.

The platform incorporates automated workload allocation and on-chain verification mechanisms designed to enhance transparency and operational integrity. CryptoEasily also confirmed that it maintains internal risk management protocols intended to support platform continuity under varying market conditions.

Market Context and Risk Considerations

Ongoing volatility across digital asset markets has led to increased discussion around sustainability, risk management, and long-term infrastructure planning. CryptoEasily emphasized that recent macroeconomic developments should be viewed as part of a broader market cycle rather than as indicators of immediate directional change.

The company noted that reference price levels commonly discussed within digital asset markets are typically cyclical markers rather than forecasts. As such, CryptoEasily stated that market participants continue to assess digital assets within the context of evolving economic conditions, technological development, and regulatory considerations.

Outlook

CryptoEasily concluded that while liquidity shifts may influence near-term sentiment, long-term market outcomes are likely to be driven by structural adoption, infrastructure reliability, and measured risk assessment. The company indicated that it will continue to monitor macroeconomic developments and their potential implications for digital asset infrastructure and computing services.

Media Contact

Organization: CryptoEasily

Contact Person: Chloe Davies

Website: http://cryptoeasily.com/

Email: Send Email

Contact Number: +14752856147

Country:United States

Release id:40794

Disclaimer: This release is provided for general informational purposes only and does not constitute investment, legal, tax, or financial advice. Nothing herein is an offer, solicitation, or recommendation to buy, sell, or hold any asset, digital or otherwise. Any statements regarding market conditions, price levels, or future outcomes are general observations and may change without notice. References to operational controls, security reviews, compliance procedures, or technology features describe internal processes and are not a guarantee of performance, availability, or results.

The post CryptoEasily Issues Market Commentary and Operational Update Amid Changing Liquidity Conditions 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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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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