Press Release

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

Published

5 years ago

September 19, 2021

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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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.

Press Release

Unused furnishings from Covent Garden hotel to be auctioned in November

Published

9 minutes ago

October 31, 2026

Cloud PR Wire

A five-star hotel that never opened is sending its bespoke interiors to auction. In November, Pro Auction will sell unused furnishings commissioned for The Other House’s planned Covent Garden Residents’ Club, including pieces for 149 guestrooms and its public spaces. Some items remain in their original packaging, from fluted-oak cabinetry and sculptural lounge chairs to marble dining tables and statement lighting. The three-day sale offers buyers a rare chance to acquire a coordinated hotel collection before it ever welcomed guests. Pro Auction will sell bespoke contents commissioned for The Other House’s Wellington Block scheme, a planned five-star Residents’ Club that never opened to the public.

London, United Kingdom, 31st Oct 2026 – Pro Auction will auction the unused furnishings and decorative contents commissioned for The Other House’s planned Covent Garden Residents’ Club. The property, at 25–31 Wellington Street, was in the final stages of completion and scheduled to open in July 2026 as the flagship sister property to The Other House South Kensington. It did not open to the public.

Unused furnishings from Covent Garden hotel to be auctioned in November

The sale follows Aendre Group’s acquisition of The Other House group and the incoming owners’ decision to pursue a different design vision. Contents from 149 guestrooms and the property’s public spaces will be offered for sale. Some lots remain in their original factory crating, transit wraps and protective covers.

The collection was curated by The Other House’s in-house interior design department, TOHID, in collaboration with Bergman Design House, led by Marie Soliman and Albin Berglund. Items include bespoke upholstered and fluted timber headboards, curved two-seater sofas, fluted club chairs, fluted-oak storage cabinets and hallway consoles with brass inlays and soft-close hardware.

Public-area lots include sculptural lounge chairs and bespoke bistro and large-format dining tables with polished marble, terrazzo or dark-stained timber surfaces on cast-brass and cast-iron bases. The collection also includes restaurant furnishings, sculptures, fine art, decorative objects and architectural lighting. The hotel specification includes Crib 5 fire-rated items and BREEAM Excellent environmental compliance.

The sale offers hotel operators, developers, interior designers, restaurateurs, build-to-rent operators and private buyers the opportunity to acquire coordinated furnishings. The Other House South Kensington opened in 2022 as a Residents’ Club for members and overnight guests. Aendre Group, founded by Eric Jafari and Chris Strong, acquired The Other House group in July 2026.

Simon Rose of Pro Auction said: “Usually, an auction of this scale follows the conclusion of an established operational lifecycle. To step into an iconic Covent Garden island site that was on the threshold of its July 2026 debut and find thousands of pieces from Europe’s top-tier luxury manufacturers—spanning both private guestrooms and magnificent public lounges—that have never been used, never been scratched, and remain in immaculate condition is unheard of. It is an extraordinary opportunity for developers, operators, and design professionals alike.”

The auction will be held as a live and online webcast, with global bidding through major auction platforms. Viewing and digital walkthroughs will be available by appointment.

Auction details

Sale dates: 17, 18 and 19 November 2026, starting at 10:00 GMT each day
Viewing: 16 November 2026, 10:00–15:00 GMT, by appointment only
Location: Unit 5, Midsomer Enterprise Park, Radstock Road, Bath, Somerset, BA3 2BB, United Kingdom
Online catalogues: the-saleroom.com, bidspotter.co.uk and i-bidder.com

Media Contact

Organization: Pro Auction Ltd

Contact Person: Mark Anthony Flynn

Website: https://www.bidspotter.co.uk/en-gb/auction-catalogues/pro-auction

Email: Send Email

Contact Number: +447903018331

Address: Unit 5 Midsomer Enterprise Park

Address 2: Midsomer Norton

City: London

State: London

Country: United Kingdom

Release id: 50367

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Unused furnishings from Covent Garden hotel to be auctioned in November

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Cloud PR Wire

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Press Release

Bonzo Septic Repair and Installation Now Offers Septic Tank Pumping

Published

9 minutes ago

October 31, 2026

Cloud PR Wire

New Brighton, PA 15066, United States, 31st Oct 2026 – Bonzo Septic Repair and Installation, based in New Brighton, now offers septic tank pumping. The new service launched recently for homes and businesses across Beaver County and the greater Pittsburgh area.

Every septic tank collects solids that bacteria cannot fully break down. Over time, this sludge layer rises and pushes waste toward the drain field. Solids that reach the field can clog pipes and saturate the surrounding soil. As much of Beaver County sits on dense clay, which already slows drainage, a neglected tank in these conditions can trigger backups, foul odors, and costly field replacement. Routine pumping protects the system along with nearby wells and streams.

Bonzo Septic Repair and Installation Now Offers Septic Tank Pumping

The newly introduced pumping service gives existing customers one trusted company for every septic need. Homeowners who call the company for repairs can now also book pumping with the same crew. Prospective customers gain a local option that handles inspection, pumping, and repair together. Skilled technicians on the team remove sludge and scum, then check baffles and pipes for damage. This visit can reveal small problems before they turn into emergencies. With free estimates and upfront pricing, property owners know the cost before work begins. Each job carries the company’s service guarantee and product warranties.

More Available Information at https://bonzosepticrepairandinstallation.com/septic-system-service/septic-tank-pumping/

Several warning signs point to a septic tank that needs pumping. Slow drains in sinks, tubs, or toilets can signal a full tank, while gurgling sounds in the plumbing may mean trapped air from rising waste levels. Sewage odors near the tank or drain field deserve prompt attention from a professional. Lush, green grass over the field may show effluent reaching the surface. Most tanks need pumping every three to five years, depending on household size. Owners who notice any of these signs are encouraged to contact Bonzo Septic Repair and Installation.

Being a local company, Bonzo Septic Repair and Installation answers calls around the clock and schedules service at convenient times. Staff members explain the process and provide a free quote before any work starts. The company website also accepts service requests and estimate inquiries.

About Bonzo Septic Repair and Installation

Bonzo Septic Repair and Installation is a family-owned septic contractor based in New Brighton, Pennsylvania. The licensed and insured company handles emergency repairs, drain field work, and new system installations. It serves Beaver County, Monroeville, Penn Hills, Plum, McKeesport, and surrounding Pittsburgh communities.

Media Contact

Organization: Bonzo Septic Repair and Installation

Contact Person: Zac Bonzo

Website: https://bonzosepticrepairandinstallation.com/

Email: Send Email

Contact Number: +17242518513

Address: 945 PA-68

City: New Brighton

State: PA 15066

Country: United States

Release id: 50309

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Bonzo Septic Repair and Installation Now Offers Septic Tank Pumping

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Press Release

Rossi Paola Vargas Daly Connects Public Health Research and Criminal Law

Published

9 minutes ago

October 31, 2026

Cloud PR Wire

Paola Vargas Daly, an attorney who graduated first in her class from Loyola University Chicago School of Law, has a professional record spanning peer-reviewed public health research, federal grant development, and criminal prosecution.

United States, 31st Oct 2026 – Rossi Paola Vargas Daly is an attorney and published public health researcher whose professional record extends from clinical outcomes research and federal grant writing to criminal prosecution in New Mexico’s First Judicial District.

Rossi Paola Vargas Daly Connects Public Health Research and Criminal Law

Paola Vargas Daly served as an Assistant District Attorney in New Mexico’s First Judicial District Attorney’s Office, managing the felony intake docket in Santa Fe County and later the full Rio Arriba County misdemeanor docket.The latter docket comprised domestic violence misdemeanors and DWI charges. She handled cases from initial filing through jury and bench trials or negotiated plea, screened cases, reviewed discovery, drafted plea agreements, and conducted preliminary examinations in Magistrate Court.

Before beginning her legal career, R. Paola Vargas Daly, lawyer and public health researcher, spent more than a decade in health policy research and nonprofit advocacy. She earned a Master of Science in Public Health from Johns Hopkins Bloomberg School of Public Health, with a concentration in women’s perinatal and reproductive health, in 2010. She subsequently served at the Lupus Foundation of America for more than six years, rising to Director and co-writing a a multi-million-dollar federal grant from the Office of Minority Health focused on reducing racial disparities in lupus diagnoses among young Black and Latina women. Her public health and legal experience reflects work involving populations that face barriers within institutional systems.

Her peer-reviewed publications appear in the Journal of Patient Reported Outcomes, Pediatric Rheumatology, Lupus, and the Journal of Medical Economics. Before her prosecutorial role, she clerked at the New Mexico Supreme Court.

During law school at Loyola University Chicago, she practiced as a student attorney in the Health Justice Project, a medical-legal partnership in which she represented an asylum seeker and worked on cases such as Social Security Disability appeals. Her criminal prosecution record followed a legal education completed through a part-time weekend program while working and parenting, which she finished ranked first in her class and graduated magna cum laude.

This professional record brings together peer-reviewed research, federal grant development, judicial writing, and high-volume docket management. She has applied those skills across public health and legal settings.

About R. Paola Vargas Daly Lawyer

Paola Vargas Daly is an attorney and public health researcher with experience in criminal prosecution, judicial work, federal grant development, and health outcomes research. She earned her Juris Doctor magna cum laude and ranked first in her class at Loyola University Chicago School of Law. She also holds a Master of Science in Public Health from Johns Hopkins Bloomberg School of Public Health. To learn more, visit Rossi Paola Vargas Daly’s professional profile through her official professional channels.