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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/

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.

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Press Release

Sris Sinnathamby Launches Free 15-Minute Long-Term Thinking Checklist

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2 hours ago

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March 17, 2026

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Los Angeles, USA, 17th March 2026, ZEX PR WIRE — Sris Sinnathamby, a Los Angeles–based Real Estate Developer and Investor with more than 30 years of experience, has released a free resource designed to help everyday individuals apply long-term thinking to major life and property decisions.

The new “15-Minute Long-Term Thinking Checklist” is a practical self-audit tool built around the same principles that have guided his career through market cycles, capital constraints, and economic downturns.

“I define success as building things that last while staying aligned with my values and commitments,” Sinnathamby said. “It’s about long-term impact, not short-term wins.”

The checklist encourages individuals to pause, assess fundamentals, and evaluate sustainability before making major financial commitments.

Why This Matters Right Now

The financial pressure on households continues to grow:

  • Housing costs account for about 30% of the average U.S. household budget.

  • More than 40% of renters are considered cost-burdened, spending over 30% of income on housing.

  • U.S. household debt has surpassed $17 trillion.

  • Nearly 60% of Americans say they live paycheque to paycheque.

Sinnathamby believes many financial setbacks stem from weak fundamentals and emotional decision-making.

“The 2008 financial crisis taught me that cash flow is paramount and always think long-term,” he said. “If the fundamentals are not strong, growth won’t be sustainable.”

The checklist reflects his disciplined, operator mindset.

“I regularly review progress, adjust based on real data, and stay focused on what actually moves the needle,” he said.

What’s Inside the Checklist

The guide walks users through five simple categories:

  • Cash flow clarity

  • Long-term alignment

  • Stress testing assumptions

  • Operational reality

  • Decision discipline

“Sustainable results matter more to me than short-term recognition,” Sinnathamby said.

Use This in 15 Minutes

  1. Set a timer for 15 minutes.

  2. Write down your monthly fixed and variable costs.

  3. Identify one financial assumption you are making.

  4. Stress-test it. What happens if income shifts or costs rise?

  5. Adjust your decision timeline if needed.

Common Mistakes People Make

  • Focusing on price, not total cost.

  • Ignoring cash flow risk.

  • Rushing decisions due to market hype.

  • Expanding commitments without a buffer.

Sinnathamby believes discipline reduces regret.

“Consistent routines and focusing on controllable actions help me move forward even when outcomes feel uncertain,” he said.

Call to Action

The 15-Minute Long-Term Thinking Checklist is available as a free download at srissinnathamby.com. Readers are encouraged to use it before signing a lease, purchasing property, or making any large financial commitment. Take 15 minutes today. Complete the checklist. Identify one risk. Strengthen one decision.

Small, disciplined actions now can prevent major setbacks later.

To read the full interview, visit the website here.

About Sris Sinnathamby

Sris Sinnathamby is a Los Angeles–based Real Estate Developer and Investor with more than three decades of experience across Southern California. He focuses on disciplined execution, long-term thinking, and sustainable property operations designed to stand the test of time.

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Cloud PR Wire

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Press Release

Cricbet99 Enhances the IPL 2026 Experience for Cricket Fans with Real-Time Online Cricket Engagement

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2 hours ago

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March 17, 2026

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Delhi, India- Cricbet99 has emerged as a platform designed to meet the needs of modern cricket followers. Built with a focus on simplicity and accessibility, the platform allows users to explore cricket engagement opportunities while staying connected to live match developments.

As the excitement surrounding the upcoming Indian Premier League season continues to build, cricket fans across India and worldwide are preparing for one of the most anticipated sporting events of the year. The IPL is not just a cricket tournament; it is a celebration of the sport, bringing together international superstars, passionate fans, and thrilling matches that keep audiences engaged from the first ball to the final over.

With millions of viewers following every match closely, the demand for interactive cricket platforms has grown significantly. Modern cricket fans want more than simply watching matches-they want to stay involved in the game, analyze performances, and follow every key moment with greater excitement. This is where platforms like Cricbet99 are gaining attention among cricket enthusiasts.

The Rise of Interactive Cricket Platforms

Over the past few years, online cricket engagement platforms have experienced rapid growth, especially during major tournaments such as the IPL. Fans are increasingly looking for digital spaces where they can track match statistics, predict outcomes, and participate in cricket-related activities that enhance their overall viewing experience.

Cricbet99 has emerged as a platform designed to meet the needs of modern cricket followers. Built with a focus on simplicity and accessibility, the platform allows users to explore cricket engagement opportunities while staying connected to live match developments.

As IPL matches unfold with intense rivalries and high-scoring encounters, platforms like cricbet99 allow users to remain actively involved in the tournament. This deeper level of engagement has made online cricket platforms a growing trend among sports enthusiasts.

Why IPL Season Drives Massive Online Activity

The IPL has become one of the most watched sporting leagues in the world, attracting global audiences and generating massive online discussions. Each team features a combination of international stars and emerging Indian talent, creating a unique blend of competition and entertainment.

For fans who enjoy analyzing team strategies, predicting match outcomes, and following live developments, the IPL season offers endless excitement. This is why platforms like cricbet99 witness a surge in interest during the tournament period.

From opening matches to playoffs and the grand final, every game delivers dramatic moments that keep fans engaged. The fast-paced T20 format means that momentum can change in a matter of overs, making each match unpredictable and thrilling.

Designed for Today’s Digital Cricket Audience

One of the key reasons cricbet99 is gaining popularity is its focus on providing a smooth and user-friendly experience. The platform is built to ensure that cricket fans can easily access features, track matches, and stay updated throughout the tournament.

Creating a cricbet99 ID allows users to explore the platform’s cricket-focused ecosystem and stay connected with match developments in real time. With mobile-friendly access and intuitive navigation, the platform aims to provide convenience for cricket enthusiasts who follow matches on the go.

The Future of Cricket Engagement

As cricket continues to evolve in the digital age, fan engagement is also transforming. Online platforms are playing a growing role in how fans interact with the sport, offering new ways to stay connected beyond traditional match viewing.

With another thrilling IPL season on the horizon, cricbet99 is positioning itself as a platform where cricket fans can amplify their excitement, follow match dynamics closely, and experience the game in a more interactive way.

Company Information

Company: Cricbet99

Contact Person: Fareen

Email: marketing@lotus365.travel

Website: https://www.cricbet99.cool/

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency, Casino investments carry risk, including total loss of capital. All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

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Press Release

Playinexchange Highlights the Evolution of Modern Online Betting Experiences

Published

2 hours ago

on

March 17, 2026

By

Delhi, India- Today’s users want real-time updates, multiple betting markets, fast transactions, and seamless mobile access. Platforms like playexchange are part of a new generation of digital betting ecosystems that aim to provide these features while maintaining security and reliability.

The rapid growth of digital sports platforms has significantly changed the way fans engage with their favorite games. With the expansion of internet connectivity and mobile technology, sports enthusiasts now expect more interactive and dynamic experiences. Platforms such as playinexchange are reflecting this transformation by offering digital environments that combine sports engagement with advanced betting technologies.

The online betting industry has evolved far beyond traditional systems. Today’s users want real-time updates, multiple betting markets, fast transactions, and seamless mobile access. Platforms like playexchange are part of a new generation of digital betting ecosystems that aim to provide these features while maintaining security and reliability.

Growing Demand for Interactive Sports Platforms

Global interest in sports remains stronger than ever. Major tournaments such as the Indian Premier League (IPL), ICC World Cup, and international football leagues attract millions of viewers worldwide. Alongside traditional viewing, fans increasingly look for ways to interact with these events through digital platforms.

Online betting environments such as playinexchange allow users to follow live matches while analyzing betting markets and match developments in real time. This level of interactivity has become a defining feature of modern sports engagement.

Industry observers note that platforms operating under models similar to playexchange provide more flexible participation options compared to older betting systems. Users can track market movements, observe live statistics, and make informed decisions while watching matches unfold.

Technology Driving the Online Betting Industry

Advanced technology is at the core of modern online betting platforms. Systems that support real-time sports data, automated odds calculation, and secure payment processing are essential for delivering smooth user experiences.

Platforms like playinexchange rely on live data feeds that update match scores, player statistics, and betting markets simultaneously. This technology ensures that users receive accurate information while participating in sports betting environments.

Additionally, strong cybersecurity systems protect user accounts and financial transactions. Encryption protocols, secure login systems, and monitoring tools help ensure that platforms such as playexchange maintain a safe environment for digital participation.

Mobile Accessibility Expanding User Engagement

Another key factor behind the growth of online betting platforms is the widespread adoption of smartphones. Mobile technology allows users to follow sports events and betting markets from virtually anywhere.

Platforms such as playinexchange emphasize responsive design to ensure that users can access sports markets through mobile devices without sacrificing performance. This accessibility has significantly increased engagement levels, particularly during major sporting events when fans want instant updates and quick market access.

As more users rely on mobile devices for digital entertainment, platforms like playexchange continue adapting their systems to deliver seamless experiences across different devices.

Transparency and User-Centered Platforms

Transparency has become an essential element in modern digital betting environments. Users increasingly value platforms that provide clear information about betting markets and match data.

By integrating live sports statistics and real-time market updates, platforms such as playinexchange allow users to better understand how betting environments operate. This transparency contributes to building user confidence and long-term platform engagement.

Industry experts believe that user-focused design and transparency will remain key factors in shaping the future of digital betting platforms.

Looking Ahead

The global online betting industry is expected to continue expanding as sports viewership grows and digital technologies improve. Platforms such as playexchange represent the ongoing evolution of sports participation environments that combine technology, sports analytics, and interactive digital experiences.

With increasing demand for real-time sports engagement, secure financial systems, and mobile accessibility, platforms like playinexchange are expected to play an important role in the next phase of digital sports entertainment.

Company Information

Company: PlayinExchange

Contact Person: James

Email: marketing@lotus365.travel

Website: https://www.playinexchange.game/

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency, Casino investments carry risk, including total loss of capital. All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.

About Author

Cloud PR Wire

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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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