Asia Times ATIF is about to launch a global NFT auction platform and has successfully entered the testing phase!
California, USA, October 12, 2021 — Asia Times Holdings Co., Ltd. (NASDAQ: ATIF, hereinafter referred to as “Asia Times”, “Group” or “we”) officially announced today that it will launch an NFT (non-homogenized token) auction platform. Currently, the technical team has successfully completed the development of the platform and has officially entered the testing and operation stage of the platform, which is expected to be officially launched by the end of 2021.
This comprehensive NFT auction platform, which Asia Era is striving to support auctions of a range of digital products, such as digital art, cryptographic collectibles, digital signatures of celebrity goodwill, and personal creations. It will provide artists, creators, users, and collectors with an efficient and safeArt assetsA trading place to guarantee the scarcity and originality of every NFT work, and resolve issues such as copyright traceability. The Asian-era NFT auction platform will be dominated by the US market and open to global users. At that time, it will provide a new source of revenue for many global artists and have the opportunity to use the funds from the auction for charitable projects.
Entering the Asian EraThe NFT market, expanding physical collections to digital collections, is an important part of the company's establishment of a diversified financial service system.The Asian EraCEO Liu Jun said：“While the Asian Era continues to expand corporate listing advisory services and hedge fund business in the US, in order to maintain the strong development trend of the company's business, we will continue to explore more innovative financial service businesses to ensure that the company has strong development vitality and supplement financial benefits。“Asia Era will use its own online media platform with nearly 10 million registered members to promote newWhile providing NFT trading platform services to original members, the NFT auction platform quickly promoted the activity and attention of the NFT auction platform in the Asian era.With the improvement of the global pandemic and the gradual recovery of the economy, the Asian era is expected to2022 will usher in vigorous development, actively promote the company's established international business development strategy and cooperate with the official launch of the NFT auction platform business. The company's management team has strong confidence and plans to achieve the company's revenue plan to turn losses into profits in 2022.
According to NonFungible's annual report, from 2018 to 2020, the total market value of NFTs grew from $40,961,223 to $338,035,012, up 825% from when they first started tracking data, and this number is expected to grow even more by 2021 and beyond. According to OpenSea, one of the world's largest NFT platforms, the total transaction volume of NFTs in August 2021 was 3.4 billion US dollars, a tenfold increase over July. The increase in volume can be attributed to increased demand for NFTs, and this demand is expected to grow further in the future as NFTs become mainstream among the public and influencers. Although there are often huge fluctuations due to surging demand from the public and mainstream media, NFTs play an indispensable role in the crypto field. The global collectibles market value is estimated to be around 370 billion US dollars, and NFTs are likely to greatly affect this global market share.
▲Source: NonFungible 2020 Annual Report
Liu Jun, CEO of Asia Times, is an early executive of Alibaba, the world's largest e-commerce website. He is also the founder and chairman of China's top ten online marketing companies, and the founder and chairman of Morgan Network. He is an early Chinese internet practitioner with rich experience and ability in network operation. He believes that the NFT auction platform personally developed and launched by Liu Jun's team in Asia Era will create another brilliant success, leading the Asian Era into a higher and better field and journey.
About the Asian Era
Asia Times Holdings Co., Ltd. (NASDAQ: ATIF), headquartered in California, USA, is a comprehensive international service group integrating the three business segments of an Internet financial service platform, investment and asset management, and listing advisory services. It has overseas business centers such as Hong Kong and Shenzhen, China to support the Group's global services. Its main business consulting business provides enterprises with specialized and compliant IPO listing consulting services. The business market is mainly distributed in Asia and North America. It has become the most well-known and influential listing advisory agency in China, and has been hailed as a “listing professional” by many international media. In 2019, Asia Times won the highest award in the Hong Kong financial and securities industry - the “Golden Bauhinia Award”, and the honorary title of “Top Ten Best Listed Companies”.
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