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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

Aussie Vape Trend Scales Wholesale Supply Network Across Australia

Published

6 hours ago

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October 31, 2026

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Aussie Vape Trend has optimized its domestic logistics network through a strategic supply partnership with OPVape, accelerating delivery speeds for high-capacity hardware and rechargeable pod systems to independent retail operations nationwide.

Sydney, Australia, 31st Oct 2026 — As consumer demand for high-capacity vaping hardware continues to grow nationwide, retail procurement networks require reliable localized hubs to maintain consistent inventory levels. Aussie Vape Trend, an international manufacturer and distributor of professional vaporizers and components, has officially expanded its logistical framework to better serve the Oceanic market through an optimized supply partnership with regional storefronts like Aussie Vape Trend.

Aussie Vape Trend Scales Wholesale Supply Network Across Australia

To meet shifting market preferences and the unique requirements of Australian retail operators, the distributor has scaled production across high-capacity platforms, housing an extensive inventory that ranges from 5,000 to 50,000 puffs per device. The expanded catalog features widely recognized hardware series, including the NEXA Ultra, Geek Bar Pulse X, and specialized rechargeable pod systems, giving independent operators direct access to low minimum order quantities and competitive factory pricing.

Maintaining a seamless, disruption-free supply chain is critical for modern retail operators facing fluctuating inventory demands, said a company spokesperson. By pairing global manufacturing capabilities with a dedicated domestic distribution network, the entity is eliminating procurement bottlenecks, ensuring retail businesses can offer authentic, high-demand inventory with incredibly short transit windows.

Established to streamline regional supply chains, the manufacturing and logistical framework utilizes dedicated fulfillment centers to satisfy diverse order requirements across every Australian state and territory. Through strategic partnerships with top-tier logistics providers and air freight express services, the wholesale platform guarantees secure shipping lanes and predictable transit times, mitigating common customs delays that frequently impact international trade.

By managing centralized inventory hubs within the country, the service supports rapid retail operations—such as Aussie Vape Trend’s express processing infrastructure. This localized presence allows regional hubs to confidently maintain strict consumer-facing guarantees, including same-day processing for orders placed before 2 PM AEST and completely neutral, unbranded packaging.

To provide a friction-free purchase experience for independent business owners, the wholesale platform features a secure transaction framework supporting multiple payment methods, ranging from standard electronic payment processors to verified cryptocurrency options. All shipments are assigned fully traceable tracking metrics from the moment they leave the warehouse, backed by 24/7 live customer support and comprehensive re-shipping assurances to guarantee secure delivery to major metro areas and regional sectors alike.

Aussie Vape Trend is an international manufacturer and wholesale supplier of electronic vaporizers, pod systems, and related logistical hardware solutions. Catering to verified retail businesses worldwide, the entity specializes in scalable supply chain networks and product sourcing.

Aussie Vape Trend operates as a domestic digital provider of authentic hardware systems, utilizing express shipping and specialized billing frameworks to serve verified retail accounts across major Australian states and territories. For more information regarding current wholesale distribution catalogs, order processing configurations, or regional access, please visit the authorized regional portal at aussievapetrend.com.

About Aussie Vape Trend

Aussie Vape Trend operates as a domestic digital provider of verified systems and hardware. Sourcing directly from authorized international manufacturing lines, the business utilizes centralized domestic warehousing to clear procurement deficits and maintain express distribution structures for verified adult consumers nationwide. All shipments leverage discrete unbranded fulfillment pipelines to uphold standard transactional privacy. For more information, visit aussievapetrend.com.

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Organization: vape Trend

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Website: https://aussievapetrend.com/

Email: Send Email

Address: Online Retail Business

City: Sydney

Country: Australia

Release id: 50391

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Dataline Raises $10.6M to Give AI Agents Data They Can Trust

Published

9 hours ago

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October 31, 2026

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  • Dataline announced a $10.6 million funding round alongside the initial cohort of AI Data Launch partners, marking a major step toward becoming the data lifeline in the era of AI.

Road Town, BVI, October 31, 2026, ZEX PR WIRE — The round was co-led by Lattice and Samsung-backed Dispersion Capital, with participation from AI fund Symbolic Capital. Dataline also drew a deep bench of strategic backers spanning web2 and web3, including Coinbase Ventures, Anagram, a former Head of the CFTC, and founders and partners from Robinhood, Venmo, Anchorage, NEA, General Catalyst, Jump Capital, and FalconX.

The Data Launch cohort brings together a roster of leading AI and web3 projects to establish the best data for AI, including Kite, Aerodrome, B3OS, Sentient, Sahara, Hyperliquid, Polymarket, Kalshi, Primus, Cluster, Apro, Base, Robinhood Chain, BNB, Sui, TON, and others. As part of the launch, Dataline co-announced with Base and Robinhood Chain that builders on both chains will get free Dataline access.

The raise builds on early traction that has already validated demand for the network. To date, Dataline has powered 19.4 million onchain transactions with a 96.4% agent task success rate and grown a community of more than 300,000 people worldwide. The protocol was also named a winner of the 2025 BNB Chain AI Hackathon.

Community participation is growing alongside network usage. Dataline’s first quest with Legion drew over 1,000 unique participants, who completed over 750 quests and over 1,000 raids. Quest 2 begins October 15, providing the community with another chance of earning rewards. In November, Dataline plans to hold a Uniswap Continuous Clearing Auction (CCA) on Base and on Robinhood Chain.

OpenRouter for data

Autonomous AI agents are only as good as the strength of the data behind them. Dataline is the decentralized network for agent-payable data, providing a two-sided marketplace where anyone can publish a feed and any agent can pay per call with x402. Just as OpenRouter is the routing layer for AI tokens, Dataline is the routing layer for AI data. Via a single integration, every API response carries an AI confidence score weighing source reliability, freshness, and consistency, so agents can flag or refuse bad data before acting on it.

Bringing more data online

In addition to Dataline’s curated and verified feeds, the protocol also lets anyone publish data and price it per call, like a job board for data where AI agents and humans alike can post and pick up work. A requester posts a bounty for the data they need, and any fulfiller in the network claims it, supplies the data, and gets paid. Payments settle instantly through x402, sellers’ credentials never leave the gateway, and an optional zero-knowledge attestation tier lets providers attach a verifiable proof bundle to every response.

Quality is enforced economically rather than by any central authority. Fulfillers stake tokens to submit their responses: good data earns the bounty, while bad data gets the stake slashed. The result is a constantly expanding marketplace of cross-verified, custom-fetched data on demand.

Data is the lifeblood of AI

“After building AI agents ourselves, we realized that clean and reliable data is the lifeblood of AI,” said Nuo Shi, cofounder of Dataline. “Today’s AI is capable enough to know what data it needs, sometimes better than we do. So we built an open network that not only delivers the most reliable data streams, but also lets AI request help to gather the data it can’t reach on its own.”

About Dataline

Dataline is the decentralized data network for AI agents, providing one integration for all markets. The protocol delivers cross-verified data sources with AI-generated confidence scores, along with a network of custom-fetched data requests to power a smarter AI workforce.

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Website: dataline.xyz
X: @DatalineAI

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Soika Labs Launches Mockingjay Network, an Agentic AI Operating System That Lets Businesses Command Their Own AI Workforce

Published

9 hours ago

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October 31, 2026

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Unveiled at the Dubai AI Festival, the desktop-first platform lets businesses build, deploy and connect AI agents across a global network with early-access UAE users receiving 5,000 free credits.

Dubai, United Arab Emirates, 31st October 2026, ZEX PR WIRE — Soika Labs has opened early access to Mockingjay Network, an agentic AI operating system that lets any business build, run and command its own workforce of AI agents. Co-founder and CEO Enzo Amur unveiled the platform’s move into production at the Dubai AI Festival on 27 October, launching with a UAE-first soft rollout that gives early-access users 5,000 free credits to start building.

One platform where AI agents work as a team

An AI agent is a digital worker software that carries out real business tasks such as answering customers, qualifying and sorting leads, or standing up an entire CRM system. Most AI tools, however, operate in isolation, leaving teams to pay for several products and stitch the results together by hand. Mockingjay Network brings all of that into a single environment. Inside a company, agents work together as a coordinated team; beyond it, they connect with agents from other organisations worldwide through the Global Agentic Neural Network (GANN) to get work done faster. Each company’s private agents stay sovereign, plugging into the wider network without exposing internal data.

No code, your models, your machines

Mockingjay is built to be used without writing a line of code or hiring engineers, and it can run on a company’s own computers so sensitive data stays under its control. The platform is also one of the largest LLM aggregators available, giving users access to Gemini, ChatGPT, Claude, Kimi and more from a single place. An intelligent auto-routing system directs each task to the best-suited model saving up to 70% of credits while agents work across text, images and data. Mockingjay is delivered as a desktop application that businesses install and run locally.

Built for small and medium businesses first

Mockingjay is designed for small and medium-sized businesses before anyone else, and the opportunity is vast: an estimated 1.3 million SMEs in the UAE, around 2 million across the wider GCC, and some 36.2 million small businesses in the United States. Many want to adopt AI but find it too expensive or too complicated. Mockingjay is built to close that gap, bringing agentic AI within practical reach of leaner teams.

People stay in command

For all its automation, Mockingjay is designed around human oversight. Soika Labs sets a baseline of at least one person per division and expects “human in the loop” to become a profession of its own as businesses scale. “The rules of communication, cooperation and equality between AI agents are what make a shared network work,” said Enzo Amur, Co-founder and CEO of Soika Labs. “We want businesses to let AI do more so people can be more without letting AI take over.” The launch aligns with the UAE National Strategy for Artificial Intelligence 2031, as businesses across the region move from adopting AI tools to applying them for measurable operational value.

Availability and early access

Mockingjay Network is available now as a desktop application. Businesses can download it and start building their AI agents and fleets at https://www.mockingjaynetwork.com/download. As part of the UAE-first soft launch, early-access users receive 5,000 free credits. “This is the beginning of a network where businesses of every size build their own AI workforce and connect it to the world,” added Amur.

About Soika Labs

Soika Labs is a Dubai-based AI company and the team behind Mockingjay Network. Built on the principle that in the era of AI being human matters more, it develops agentic AI infrastructure that keeps businesses and people in control.

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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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