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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.

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Press Release

Viriora Integrates Conversational AI Into Its Platform, Giving Clients Scenario Analysis and Risk Modelling

Published

6 hours ago

on

July 20, 2026

By

Panama City, Panama, July 20th, 2026, FinanceWire

Viriora, the multi-asset CFD and investment broker, has announced the integration of a conversational AI system directly into its trading platform, alongside a broader rollout of AI-powered chart analysis tools across its analytics department.

The developments represent a significant step in the firm’s long-term strategy to give clients the kind of analytical capability that has historically been reserved for institutional trading desks.

What the AI Does for Clients

The most visible change is one clients can interact with immediately. The platform now allows users to pose questions directly through a conversational interface and receive tailored responses covering scenario modelling, risk management parameters, and backward-looking performance analysis. A client considering a position can ask what a given investment size would have returned over the past twelve months and receive a structured answer rather than a raw data set.

The intention is not to replace client judgement or the role of their account manager. It is to give both parties a faster, cleaner basis for making decisions. Scenario analysis that once required a separate consultation can now happen in the moment, on the platform, with the client actively involved in the process.

Behind the Platform, a More Accurate Analytics Department

The second strand of the rollout is less visible to clients but arguably more consequential over time. Viriora’s analytics department is now using AI-powered algorithmic tools to work through market chart data at a scale and consistency that would not have been practical manually.

The result is a more reliable foundation for portfolio construction. Investment recommendations coming out of the department are built on pattern recognition across a broader data set, reducing the influence of individual blind spots and improving the overall quality of the analysis that reaches clients.

Account managers Konrad Schneider and Tom Berger, two of the firm’s most established portfolio specialists, have already demonstrated what that combination of human expertise and sharper analytical tools can produce. Both have built portfolios this year that have outperformed client expectations, and both have spoken about the change in how they can work with data since the tools were introduced.

“The analysis is sharper and it takes less time to get there,” said Konrad Schneider, PR Responsable. “That gives us more time to spend with clients on the decisions themselves, which is where the real value is.”

A New Chapter with Viriora

The company offers access to CFD products and investment portfolio services across multiple asset classes.

The timing of this rollout reflects a broader shift in how regulated brokers are approaching the question of client value. Compliance and execution have long been the floor. The firms that are growing are the ones investing in the analytical layer above that floor, in the tools and the people that help clients make better decisions with the access they already have.

Viriora’s position is that AI is most useful not as a replacement for the human layer but as an amplifier of it. The platform handles the data. The account manager handles the relationship. The client, better informed than before, makes the call.

For more information, users can visit https://viriora.com/

About Viriora

Viriora is a trade name of Finco Group LLC, incorporated in the Republic of Panama. The company provides an advanced AI-powered trading platform alongside professional investment portfolio consulting services, serving clients across multiple asset classes as a multi-asset CFD and investment broker.

Website: https://viriora.com/

Contact

Konrad Schneider
support@viriora.com

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Cloud PR Wire

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Press Release

GLOBAL MEDIA PROCUREMENT: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

Published

14 hours ago

on

July 20, 2026

By

Auckland, New Zealand, July 20th, 2026, Chainwire

The Request for Proposal Regarding High-Specification Cryptographic Provenance

GLOBAL COMPLIANCE FRAMEWORK & THE 500-YEAR YIXING ZISHA TEAPOTS REAL-WORLD ASSET (RWA) LINEAGE 】

THE JUDGE ARCHIVE-LAB LIMITED (NZ) launches an international technical initiative to establish the definitive 500-year paradigm of Yixing Zisha Teapots. Centering on the “Genesis No. 001” masterpiece, this framework uses high-precision, 100-Megapixel Hasselblad digital scanning for permanent RWA (Real-World Asset) archival and codification, separating “500-year cultural lineage” from mere ephemeral narratives.

【 OFFICIAL ACADEMIC PROVENANCE & HISTORICAL CONTEXT 】

This initiative is anchored in five key institutional verifications:

1. LUO RE-POSIT(S) CENTURIES-OLD CHINESE ARTISTIC TRADITIONS OF ART WITHIN CONTEMPORARY FORMS, TECHNIQUES, AND IDEAS.

—— THE CLAY STUDIO COLLECTION (ACCESSED VIA EHIVE DIGITAL ARCHIVE, REF: PC311 | HISTORICAL OBJECT: YIXING TEAPOTS)

[ THE JUDGE ARCHIVE-LAB DATA COGNITION ] THE SOVEREIGNTY OF THE ENCOUNTER: 

THE ECHO OF 1999 IS LOUDER THAN THE SILENCE OF 500 YEARS. 

2. THE CREATOR, LUO XIAOPING, IS AN ELECTED INDIVIDUAL MEMBER OF THE INTERNATIONAL ACADEMY OF CERAMICS (IAC, GENEVA). 

HIS LIFE’S WORK REPOSITIONS CENTURIES-OLD CHINESE ARTISTIC TRADITIONS WITHIN CONTEMPORARY GLOBAL FORMS,

WITH SCULPTURES PERMANENTLY ENSHRINED IN THE WHITE HOUSE (USA) AND MUSÉE ARIANA (SWITZERLAND). 

3. LUO XIAOPING’S WORK REPRESENTS A PROFOUND SPIRITUAL DEPARTURE FROM THE PURELY ARTISANAL CONSTRAINTS 

OF TRADITIONAL CERAMICS… LUO HAS MASTERFULLY DISMANTLED THE ‘FUNCTIONAL ILLUSION’ OF THE UTILITARIAN OBJECT. 

—— JONATHAN MANE-WHEOKI (CNZM), FROM THE HISTORICAL 1999 AUCKLAND EXHIBITION CRITIQUES. 

4. CERAMICS MONTHLY (USA) 1999-2001 SPECIAL REVIEWS | VERDICT: BEYOND AESTHETICS; 

A MASTERCLASS IN GRAVITATIONAL DEFIANCE AND MATERIAL EXTREMES. 

5. HISTORICAL ARCHIVE [1999-2000] | TOPIC: MY WAY | THE SLAB CONSTRUCTION OF LUO XIAOPING 

CONTEXT: 

APT3 CONTEMPORARY ART REVIEW (AU/NZ). 

|VERDICT: THE RE-POSITIONING OF 

500-YEAR CHINESE TRADITION.

【 INSTITUTIONAL INTAKE & GLOBAL MEDIA PROCUREMENT 】

THE JUDGE ARCHIVE-LAB LIMITED initiates global media procurement for this 500-year archival ledger, with opportunities open for top-tier outlets under framework code TDP. High-spec digital/print dissemination slots available for competitive agency bidding.

* Direct Inquiries: wing@thejudge-lab.nz

【 TOKEN & CRYPTOGRAPHIC COMPLIANCE MATRIX 】

Decentralized parameters under the TDP framework are non-fractional, non-custodial Utility Protocol Keys (TDP) for identity logging, cryptographic verification, and programmatic media display synchronization. This digital archival process does not represent, convey, or imply any equity ownership, revenue-sharing, debt obligation, investment profit pooling, or commercial voting rights in THE JUDGE ARCHIVE-LAB LIMITED or Genesis No. 001. Public financial speculation and securities categorization are expressly disclaimed and legally refused under global financial sanctions.

ARCHIVE STATUS & PERMANENT SOVEREIGNTY:The ownership, provenance history, exhibition context, and material truth of this asset are physically verified and endorsed by the creator, Luo Xiaoping. The official abdication and decoupling of historical interpretive sovereignty are vested directly into the asset owner WING – THE JUDGE ARCHIVE-LAB LIMITED.

【 OFFICIAL RFP TECHNICAL SPECIFICATIONS 】

* Project Reference Specimen: THE 500-YEAR YIXING ZISHA TEAPOTS PARADIGM

* Material Authentication: Handcrafted Yixing Duan Clay / Gas & Wood-Fired Hybrid Firing

The 1999 Auckland Exhibition Luo Xiaoping Handcrafted Yixing Duan-Ni Teapot Specimen

* Procurement Framework Code: TPD

* Core Procurement Scope: Premium Print Media

MANDATORY TECHNICAL PARAMETER: Bidders and media networks must strictly review and utilize the 19MB lossless asset master, generated via Hasselblad 100-Megapixel technology and hosted on our official website (https://thejudge-lab.nz), as the technical metric and design specification standard for this evaluation.

【 ISSUER AUTHORITY 】

* Entity: THE JUDGE ARCHIVE-LAB LIMITED

* Auditor/MD: WING

* Official Gateway: https://thejudge-lab.nz

Contact

THE JUDGE ARCHIVE-LAB LIMITED
wing@thejudge-lab.nz
+64223653344

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Press Release

MEXC Launches 0-Fee Stock Futures Campaign With $5,000,000 SNDK Prize Pool

Published

15 hours ago

on

July 20, 2026

By

Mutsamudu, Comoros, July 20th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, announced the launch of a new Stock Futures campaign, offering users the opportunity to share $5,000,000 in SNDK Position Airdrops. The campaign is designed to empower users to seize opportunities in the US stock market by reducing trading costs and offering meaningful rewards.

Under the campaign, users can trade eligible products for 0 fees. New users can complete a series of simple tasks to earn rewards featuring popular stocks. Participants who trade Stock Futures during the campaign period will share the $5,000,000 in SNDK Position Airdrops.

This campaign reflects MEXC’s continued efforts to support users through its two core pillars, “0 Fees” and “Infinite Opportunities”. In addition, MEXC’s Stock Futures product offers round-the-clock volatility management and hedging capabilities, enabling 7×24 trading, alongside dynamic leverage of up to 200x and a broad range of popular assets from markets worldwide. Beyond Stock Futures, MEXC also offers RealStocks through its partnership with a regulated securities broker. Users can buy real US stock assets using USDT, with full shareholding rights, dividends, and stock benefits. MEXC will continue to enhance its products and reward offerings, exploring new ways to create value for users worldwide.

For full details and participation, visit the MEXC Stock Futures campaign page.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: media@mexc.com

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Contact

MEXC PR team
media@mexc.com

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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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