Connect with us

Press Release

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

Published

5 years ago

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

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.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

Global Appliance Market Evolves as IAIE Expands Smart Pressure Cooker Solutions

Published

16 minutes ago

on

June 3, 2026

By

China, 3rd Jun 2026 – Kitchen appliances are evolving. High demand for rapid cooking appliances is met with a huge gap for multi-function appliances that cater to desert, vegan, gluten-free needs. This is particularly true for novice vegan and gluten-free consumers and businesses. Meanwhile, commercial bulk buyers deal with quality and safety inconsistencies.

IAIE, a premium manufacturing partner for smart pressure cookers, today announced its strategic response to these market pains. With over 50 plastic injection machines and more than 500 appliance molds, IAIE is redefining what buyers expect from a Commercial Pressure Cooker, a Pressure Cooker for Beginners, and a Pressure Cooker for Vegan Meals.

The Industry Pain Points

For years, the market has been fragmented. Restaurants and catering businesses need durable Electric Pressure Cooker for Businesses units that withstand daily heavy use. Home cooks are often pressured by the more traditional models of pressure cookers. Celiac and gluten-sensitive individuals are more likely to struggle finding a Pressure Cooker for Gluten-Free Recipes. Multi-function cookers can be better for vegans as they can prepare beans, grains, and vegetables without any burning.

Until now, wholesalers searching for Bulk IAIE Pressure Cooker Wholesale will face long lead times and inconsistent certifications, and poor support. It is a concern when lower priced suppliers skimp on Quality Assurance testing.

IAIE Solves These Problems

Precision engineering and strict QA are priority concerns for IAIE. IAIE’s Electric Pressure Cooker for Business models are ideal for seamless usage, as they feature an inner pot, a stable pressure system, and 100% functional testing at the time of shipment. All of these models are pressurized and sealed to ensure they perform without leaking or failing.

Your first experience with pressure cooking is easier with IAIE’s ready-to-use Pressure Cooker for Beginners models. These models have large dials and displays, as well as a one touch release. This low tech pressure system encourages beginner usage in order to limit the learning curve and mistakes often made around over and improper use.

IAIE’s Pressure Cooker for Vegan Meals is designed for the purpose of cooking legumes, grains, and root vegetables. This option is one of many that employs even heat distribution, and seals cooking to lock in the nutrients for the purpose of plant-forward cooking.

Easy to use, with minimal cross contact risk, IAIE’s Pressure Cooker for Gluten-Free Recipes employs a separate sealing system combined with a stainless steel pot. This option is particularly practical for the gluten-sensitive.

IAIE & Wholesale Excellence

IAIE recognises the needs of those in global distribution for reliability. With the Bulk Pressure Cooker Wholesale programs, IAIE partners can expect tailored designs, packaging, and speedy delivery. All products meet CE, CB, RoHS, UL, and ETL certifications. An in-process inspection checks every PCB, sensor, and exterior part before assembly.

“Safety is our top priority,” said an IAIE spokesperson. “We perform 100% comprehensive testing on all Commercial Pressure Cooker units. Only leak-proof, high-quality appliances leave our factory.”

Market Growth and Future Outlook

Industry data shows the global electric pressure cooker market growing at 4–6% annually, with emerging markets rising 6–8%. Urbanization and energy efficiency demands drive this trend. Electric pressure cookers save 30-50% of the energy needed for gas cooking. And with the implementation of smart designs, they aid brands in attracting environmentally-conscious consumers.

Vision and Values

IAIE looks the future of smart, convenient, and easy to use appliances to cook in every kitchen in the world. They prioritize innovation, quality, customer satisfaction, sustainability, and integrity, as well as teamwork to attain these things as well. Each IAIE product, whether 2.5L compact cookers or 12L high-volume units, are the embodiments of these values.

Customization and Support

Purchasers have the option to personalize the design, the style and the finish. They have the complete control of their production. This is all supported with ease of their smart design, quality, and satisfaction.

Contact IAIE Today

Clients interested in IAIE pressure cookers at wholesale prices, and those who wish to order samples, should communicate with the support number:

•  WHATSAPP / PHONE: +8615900091406

•  EMAIL: sales@l4p-tech.com

•  ADDRESS: No.63 2nd Dongfu Rd, Minle District, Dongfeng Town, Zhongshan, Guangdong, China (P.O. Box: 528425)

About IAIE

IAIE is a market-leading smart electric pressure cookers and rice cooker manufacturer based in China. Equipped with advanced injection machines, numerous molds, and global certifications, IAIE provides safe, durable and innovative home and industrial cooking systems.

Media Contact

Organization: IAIE

Contact Person: IAIE

Website: https://www.l4p-tech.com/

Email: Send Email

Contact Number: +8615900091406

Country:China

Release id:45488

The post Global Appliance Market Evolves as IAIE Expands Smart Pressure Cooker Solutions 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

file

About Author

Cloud PR Wire

See author's posts

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

Tespro Launches Next-Generation Industrial Routers for Reliable Smart Infrastructure Connectivity

Published

16 minutes ago

on

June 3, 2026

By

China, 3rd Jun 2026–  IoT for industrial applications has a major issue with communication in some environments where connectivity is very unreliable.  Most operators experience legacy systems that don’t communicate, costly and time consuming implementations, and system downtimes. These headwinds complicate and delay operational decisions and increase operational costs.

With 20 years’ experience, Tespro has gained invaluable insights and is proud to unveil its innovative range of Industrial telecommunications devices with the TR-200 and TR-300 series of routers.

Technology Challenges

Communication issues are a reality for almost every field technician. Impediments to effective standard networking equipment are due to extreme distance, environmental conditions, temperature and voltage. Most available solutions operate with no redundancy, resulting in a total loss of data flow. This is compounded by the difficulties of integrating old modern cloud systems where legacy industrial devices use Modbus and other serial protocols. There is a need for connected devices that use 4G and 5G telecommunications without the burden of complex or costly development.

Another common problem is power instability. Industrial sites rarely have clean, stable power sources. Standard routers fail under voltage sags or surges. Finally, many devices do not fit on standard Industrial Gateway DIN Rail. This complicates installation in crowded electrical cabinets.

Tespro’s Solution

Tespro solves these problems with its new series of Industrial Router Modbus TCP-ready devices. These routers facilitate communication between serial sensors and cloud devices. The TR-224 and TR-324 have RS232/RS485 ports. These devices connect directly to legacy meters, PLCs, and RTUs and then convert and transmit data using Modbus TCP over cellular networks.

As an example, a water utility can connect an older flow meter using RS485 to a Tespro TR-225 router. The router communicates the flow data to a cloud-based analytics platform for real-time data. Water utility operators can monitor the flow data from the cloud, and there is no need to change the existing hardware. This allows the water utility to minimize time and save money.

Redundancy for Zero Downtime

Each Tespro Industrial Router 4G LTE has triple backup switching. This means the router will automatically change from a wired connection to WiFi to a 4G/5G connection. The dual SIM standbys will provide network diversity; if one of the networks is not working, the second network will the be functional one. The TR-244 and TR-245 models also have five 1000Mbps Ethernet ports that automatically adjust and adapt. These will allow critical systems to stay functional during the network outages.

Wide-Range Power & Temperature Tolerance

These routers can run from -40°C to 75°C, and can be used in the northern winters and the southern deserts. The dual-path wide-voltage power supply accepts DC 5-30V input. Current consumption is below 400mA, and these features have made the Industrial Gateway Solution for mobile equipment, factory floors, and outdoor cabinets.

4G/5G Gateway for Future-Ready Deployments

Tespro provides 4G/5G Gateway options. The TR-225 and TR-245 provide 5G LTE with 100Mbps, providing either 2 or 4 LAN ports. Meanwhile, The TR-325 and TR-345 provide 5G with gigabit LAN ports. The models provide exciting new capabilities to process video, large data logs, and control commands in real-time. These will be valuable assets for developing smart city systems and intelligent transportation networks.

Full Product Range

The TR-200 series includes:

•  TR-224: 4G LTE, 2x 100Mbps LAN, RS485/RS232.

•  TR-225: 5G LTE, 2x 100Mbps LAN, RS485/RS232.

•  TR-244: 4G LTE, 4x 100Mbps LAN, RS485/RS232.

•  TR-245: 5G LTE, 4x 100Mbps LAN, RS485/RS232.

The TR-300 series adds gigabit performance:

•  TR-324: 4G LTE, 2x 1000Mbps LAN, dual RS485, RS232.

•  TR-325: 5G LTE, 2x 1000Mbps LAN, dual RS485, RS232.

•  TR-344: 4G LTE, 4x 1000Mbps LAN, dual RS485, RS232.

•  TR-345: 5G LTE, 4x 1000Mbps LAN, dual RS485, RS232.

All models feature industrial-grade protection. They support public LTE networks and VPDN proprietary networks. The devices are universal, with standardized interfaces. They show resilience in trying circumstances.

Seamless AMI/AMR Integration for Utilities

Tespro routers work with AMI/AMR systems to safeguard and allow continuous communication of cloud and meter entities. They run on technology that saves energy and supports battery backup. The latency in data communication is eliminated. Utility companies will spend less on maintenance and will be able to respond to outages in a timelier manner.

About Tespro

Tespro is a communication and calibration optical probe manufacturer that was founded in China in 2002. Now, Tespro is a manufacturer of DTUs, industrial routers, and industrial gateways. They work with Fortune 500 companies globally and their services are ISO 9001 and CE certified. Its mission is to deliver high-value products and exceptional service. The vision is to become a leading global manufacturer of smart metering solutions.

Tespro products are compatible with over 90% of meters on the market. From field devices to cloud platforms, Tespro offers fully integrated solutions. The company’s SEMS platform supports real-time data collection, calibration, and smart management.

Availability

All Tespro industrial routers are available now. For sales quotations, contact sales@tespro.com. For general inquiries, email info@tespro.com. Call or WhatsApp: +1-213 610 4797 or +852 4609 4648. Learn more at HERE.

Media Contact:
•  Tespr Electronics Co., Ltd.
•  Email: info@tespro.com
•  Web: www.tespro.com

Media Contact

Organization: Tespro

Contact Person: Tespro

Website: https://www.tespro.com/

Email: Send Email

Contact Number: +85246094648

Country:China

Release id:45492

The post Tespro Launches Next-Generation Industrial Routers for Reliable Smart Infrastructure Connectivity 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

file

About Author

Cloud PR Wire

See author's posts

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

Author Candace Nicole Releases Gripping New Psychological Thriller Tangled Roots Book One of The Root Series

Published

5 hours ago

on

June 3, 2026

By

A bestselling voice in contemporary romance trades swoon for suspense in a chilling debut thriller where no one is telling the whole truth.

United States, 3rd Jun 2026 — Some secrets don’t stay buried. They grow roots. With that haunting promise, indie author Candace Nicole introduces Tangled Roots, the chilling first installment of her new psychological thriller series, The Root Series — now available to readers everywhere.

A bold departure into darker territory for the author known for “love, lies and everything in between,” Tangled Roots opens twelve years after Clark Delaine drowned at his lakehouse. The police ruled it an accident. They were wrong. When an anonymous letter surfaces, threatening to drag the truth into the light, five strangers who have spent more than a decade burying that truth find their carefully separated lives suddenly — and dangerously — colliding.

As the past claws its way back, dark secrets emerge about the man everyone believed they knew. And in a story where no one is telling the whole truth, the most devastating revelation is the one no reader will see coming.

“This book lives in the space between what people show the world and what they hide from it,” said Candace Nicole. “I wanted to write something that keeps readers up at night, second-guessing every character — including the ones they trust.”

Candace Nicole is a Central Virginia–based indie author whose work spans contemporary romance and psychological suspense. An avid reader since childhood, she writes with a mind full of characters demanding their stories be told, bringing equal parts heart and intensity to every page. Tangled Roots marks an ambitious new chapter — trading the swoon for the slow burn while keeping the emotional depth her readers have come to love.

For fans of unreliable narrators, simmering mystery, and twist-driven suspense, Tangled Roots is the kind of book best read with the doors locked.

Tangled Roots is available now, including signed copies, at www.cnbookseries.com. Readers can connect with Candace Nicole across all platforms at linktr.ee/cnbookseries.

MEDIA CONTACT

Author Candace Nicole

Cnbookseries

cnbookseries.media@gmail.com

Media Contact

Organization: Cnbookseries

Contact Person: Author Candace Nicole

Website: https://linktr.ee/cnbookseries

Email: Send Email

Country:United States

Release id:45653

The post Author Candace Nicole Releases Gripping New Psychological Thriller Tangled Roots Book One of The Root Series 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

file

About Author

Cloud PR Wire

See author's posts

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

Like Us
Follow Us
Subscribe Us
Follow Us