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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

Scandic Coin Issues Statement About BitMart Withdrawal Freeze and Lack of Funds

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London, United Kingdom, July 27th, 2026, Chainwire

SCANDIC COIN (SNC) demands an immediate explanation from BitMart. According to SNC, a withdrawal request submitted on 26 July 2026 at 09:10:03 German time remained marked as “Processing” for more than 35 hours. At publication, 22,000 USDT and nearly 930,000 SNC had still not reached the designated wallets.

SCANDIC COIN states that timestamped screenshots document the balances, withdrawal request, amounts, date, time and continuing status. The assets are not BitMart’s property. According to SNC, they belong exclusively to its operating company, are not BitMart funds and are not locked in active trading positions.

BitMart has announced the wind-down of its trading-platform operations. In that context, a prolonged failure to release substantial company-owned assets — without a case-specific reason or reliable deadline — is unacceptable. An exchange instructing users to withdraw must demonstrate that withdrawals can actually be honoured.

The unavoidable question is: Is this a technical or compliance-related delay, or does BitMart lack sufficient liquidity, financial resources or operational capacity to honour withdrawals promptly and in full?

SCANDIC COIN is not asserting insolvency as a proven fact. But after more than 35 hours without payment or a satisfactory explanation, BitMart must dispel that concern immediately with verifiable facts.

BitMart Must Answer Immediately:

  • Why is the withdrawal still marked “Processing”?
  • Is a compliance, security or risk review pending, and are further documents required?
  • When exactly will the 22,000 USDT and nearly 930,000 SNC be released?
  • Does BitMart have sufficient liquid assets to honour all legitimate withdrawals in full?

Immediate Release or Escalation

SCANDIC COIN demands immediate release of the assets or a detailed written explanation identifying the precise legal, compliance, technical or security reason and a binding completion time. If BitMart fails to act, SNC will preserve the screenshots and account records and pursue all available legal and regulatory remedies.

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Lina Brugger
Office@ScandicCoin.dev

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Press Release

SIM IP Is Building a China Trade Out of Patents, Not Products

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Miami, United States, July 27th, 2026, FinanceWire

Is there another China trade coming? One contrarian answer in finance says yes, and it has nothing to do with stocks, supply chains, or tariffs. It is patents.

SIM IP, the Miami-based intellectual property investment firm led by Erich Spangenberg, has spent the past fifteen months buying patent portfolios at a pace its industry rarely sees. People close to the firm describe a deliberate focus on patents sourced from Chinese technology companies, in the areas where European patent enforcement now bites hardest. The firm operates as a principal, buying with its own capital rather than earning fees on other people’s money. Together, the purchases look less like a licensing business and more like a directional trade.

The Asset Class Institutional Money Found Late

For most of its existence, IP monetization was a specialist’s corner of finance, thinly capitalized. That has changed. By estimates one firm cites, dedicated institutional capital in the space has grown from roughly $5 billion in 2010 to more than $50 billion today. Fortress Investment Group manages approximately $5 billion in its intellectual property strategy. InterDigital, a publicly traded licensing business, and its peer public licensing companies, like Rambus, today have a combined market cap of over $28 billioni.

Only a handful of these players operate as principals at scale, and SIM IP has built its position under one of the field’s most recognized names. Spangenberg, a former Jones Day lawyer and Donaldson, Lufkin & Jenrette banker, has acted as a principal in more than $1 billion of IP licensing transactions and over $1.5 billion of IP financing deals, plus an advisory record above $2 billion. He is sought out by patent owners who share returns with him and, by the firm’s own telling, quietly feared by the technology companies that end up across the table.

Eleven Deals in Fifteen Months

The cadence is the tell. SIM IP has closed 11 patent transactions over the 15 months to May 2026, by its own count. The firm reckons a significant patent acquisition typically takes 6 months or more to close; its dated announcements show deals landing roughly every 45 days. The most recent, announced on May 19, 2026, took 126 curated video coding patents off Alibaba’s hands, covering the AV1 and AV2 standards that sit underneath streaming platforms and AI data center workloads.

China sourcing is not opportunistic. Government records show Spangenberg kept an office in Shanghai’s Jin Mao Tower as early as 2004, years before most Western IP investors treated China as a source of world-class portfolios. Those relationships, with IP executives, researchers, and officials, are, by the company’s account, its supply line today. Sources familiar with the firm’s strategy say the buying is concentrated in data center infrastructure, foldable display technology, and next-generation communications.

A Digital Twin and a European Lever

Two pieces turn a stack of portfolios into a position. The first is Garden Intel, the applied AI company SIM IP acquired for $150 million in February 2026. The reaction the firm says it heard at the time was that the price was too high, and that general-purpose models would soon replicate Garden’s analytics for free. Spangenberg’s answer was blunt: “Not without 20+ years of proprietary transaction data generated personally across 1,600+ deals done privately, data that no foundation model has ever seen and no competitor can replicate,” said Spangenberg, co-founder and chief executive officer of SIM IP. The firm says it is now running Garden’s engine across that private deal history to build what it calls a digital twin of Spangenberg’s judgment, so his pattern recognition operates across the firm rather than in one man.

The second piece is Europe. The Unified Patent Court, now operational across 18 EU member states, allows a patent holder to win a single injunction blocking sales in all of them simultaneously, from Germany and France to the Netherlands and Italy. Under the old country-by-country system, a manufacturer could fight and lose piecemeal. Under the UPC, one loss can shut off most of the European market at once. The technology areas where sources say SIM IP is buying are the same areas where hyperscalers, cloud companies and consumer electronics manufacturers carry their heaviest European exposure.

Contrarian trades are judged in hindsight, and this one has plenty to prove. The structure, though, is already visible: an asset class filling with institutional money, a principal deploying his own capital with a two-decade head start in the market supplying the assets, an AI system trained on data nobody else holds, and a European court that has turned patents into market access. Whether or not the China IP Trade ends up beside the famous macro bets, SIM IP has already made it a position rather than a thesis.

Contact

Miss Investigate
info@missinvestigate.com

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Press Release

Eva Soldati-Schnyder Honored as “Law Firm of the Year” in Central Switzerland (2026)

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Recognition highlights two decades of excellence in international inheritance, arbitration, and commercial law.

Switzerland, 27th Jul 2026 – In today’s complex legal and financial landscape, where international borders blur and regulations grow increasingly intricate, certainty is the most valuable asset. At the critical crossroads of life and business, whether navigating high-stakes commercial disputes or securing the generational transfer of family wealth conventional legal advice is simply not enough. Clients require a clear compass, unquestionable authority, and profound human understanding. They need a sanctuary of stability.

The recent institutional recognition awarded to Evalaw exemplifies these exact qualities. In an official and prestigious announcement, the legal community of the Canton of Lucerne has awarded Rechtsanwältin Eva Soldati-Schnyder and her team the esteemed title of “Law Firm of the Year 2026.”

This accolade is more than a professional commendation; it is a definitive seal of quality, representing two decades of meticulous Swiss practice, uncompromising strategy, and outstanding achievements in managing high-risk arbitration and some of the most complex cross-border succession cases in Central Switzerland.

Two Decades of Precision: Where Technical Mastery Meets Strategic Vision

Since her admission to the Bar in 2006 (Anwaltskammer Luzern), Eva Soldati-Schnyder has relentlessly built Evalaw into more than just a law practice, it has become an institution synonymous with Swiss prestige, absolute discretion, and unwavering reliability.

Today, the firm is the destination of choice for international clients seeking to bridge the gap between traditional Swiss legal rigor and modern, agile, client-centric solutions. Evalaw’s success lies in its unique ability to deconstruct highly complex, emotionally or commercially charged situations into rational components. We build a clear, step-by-step strategy that neutralizes uncertainty and restores absolute control to our clients’ hands.

The Pillars of the Firm: Leadership in a World of Uncertainty

The “Law Firm of the Year” award specifically highlights Evalaw’s exceptional command over three core legal domains, where the firm is recognized as a supreme professional authority:

1. International Inheritance & Estate Planning (Protecting Your Legacy)
The transfer of wealth, assets, and a life’s work across generations requires far more than technical proficiency in tax or contract law; it demands vision, sensitivity, and foresight. In a globalized world where family assets often span multiple continents and conflicting legal jurisdictions, Evalaw provides an airtight legal architecture.
Our team skillfully navigates Swiss and international private law to preserve the client’s legacy, prevent future disputes, and protect the family from unforeseen exposure. Every trust, will, and estate plan is crafted with surgical precision, honoring the client’s vision with absolute fidelity.

2. High-Stakes Arbitration & Corporate Law (Strategic Dispute Resolution)
In the modern corporate arena, disputes threaten not only the bottom line but the very existence and reputation of an enterprise. For our corporate clients, entering arbitration requires uncompromising, fierce representation.
Evalaw provides a powerful shield during commercial crises. We represent leading corporations and entities in complex arbitration, cross-border transactions, and struggles for corporate control. Our approach is aggressively protective of our clients’ rights, yet remarkably clear and analytical in the tribunal. We are guided by one singular objective: to swiftly restore business stability and successfully resolve the crisis while maintaining total corporate confidentiality.

3. Matrimonial Law & Wealth Crises (Navigating the Personal with Strength)
The dissolution of a family unit or personal disputes involving significant wealth and public standing are deeply fragile events, carrying both heavy emotional burdens and severe financial risks. In these vulnerable moments, clients often find themselves at a disadvantage.

Our firm offers a discreet, strong, and highly supportive safety net. We utilize deep psychological insight to filter out emotional noise, presenting the client with the full picture free of judgment. We neutralize emotional paralysis, empowering our clients to act from a position of strength, make highly rational decisions, and navigate safely out of the storm toward a secure, protected future.

A Vision of Perfection: Excellence as the Only Standard

“This title is a profound honor, but for us at Evalaw, it serves primarily as a living reminder of the immense responsibility we carry every single day,” stated Eva Soldati-Schnyder following the announcement. “When a client walks through our doors, they are entrusting us with more than legal paperwork; they are handing us their future, their financial security, and often, the peace of mind of their family for generations to come.To represent individuals and corporations with the absolute precision required to meet the strict standards of the Canton of Lucerne and Switzerland is a calling that allows for zero compromises. Excellence, for us, is not a future aspiration; it is the only standard we accept in the present. This award is dedicated to our clients, the families and corporations who chose us as their legal shield, trusting that we will never settle for anything less than perfection on their behalf.”

The Next Step: Secure and Discreet Legal Counsel

Headquartered in the heart of the Canton of Lucerne, Evalaw offers a comprehensive infrastructure designed to provide quiet, highly efficient, and entirely discreet service to our VIP clientele. We invite you to take the most important step toward peace of mind and legal security by scheduling a strategic consultation with our expert team.

Firm Headquarters: Grendelstrasse 21, 6004 Luzern, Switzerland

VIP Client Meeting Facilities (Absolute Discretion): Bahnhofstrasse 4, 6005 Luzern, Switzerland

Direct & SecureCommunication: info@evalaw.ch

Official Website: https://evalaw.ch

Personal Representation: Eva Soldati-Schnyder, Rechtsanwältin | Eva Law

About the Firm:Evalaw is dedicated to providing elite representation in matrimonial law, commercial transactions, international arbitration, and succession planning, strictly adhering to the Swiss standards of rigor, privacy, and unparalleled excellence.

Media Contact

Organization: Eva Law

Contact Person: Eva Soldati-Schnyder

Website: https://evalaw.ch

Email: Send Email

Country:Switzerland

Release id:47595

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