US Market News
3月前
The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since ListingFebruary 24, 2026 5:00 AM
PR Newswire (US)
SHANGHAI, Feb. 24, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin, MEXC and BingX, three of the largest global crypto exchanges. As of February 24, 2026, the market price of one 9BIT token was US$0.02, representing an approximate sevenfold increase since its listing. The 24-hour trading volume of 9BIT was US$6 million according to CoinMarketCap.com. According to the whitepaper, 9BIT tokens are expected to be listed on more global crypto exchanges.9BIT Foundation, a private foundation established in Panama, is a third-party issuer of 9BIT token. According to the 9BIT whitepaper, The9 Limited will be distributed 1,900,000,000 $9BIT tokens for its contribution to 9BIT ecosystem. The remaining 950,000,000 9BIT tokens are expected to deliver to The9 Limited in the coming 2 months.The proprietary the9bit gaming platform has surpassed 7 million users since its August 2025 launch. As of February 24, 2026, more than 38,000 users have received more than 32.8 million 9BIT tokens based on their contributions to the9bit gaming platform. They can buy and sell 9BIT tokens on the global crypto exchanges where 9BIT tokens are listed.the9bit blends traditional gameplay with Web3 incentives by:Earn: Receive mining rewards for daily gameplay and community engagement.Govern: Participate in key ecosystem decisions through voting.Redeem: Unlock exclusive in-platform content and premium services.the9bit is also accelerating the development of AIGD (AI Game Development) — a creation layer on the9bit.com where creators can turn ideas and assets into playable games using AI-assisted tools. This unlocks a new "creator-to-player" reward loop. Creators can publish games with fewer barriers, while players earn points by engaging with these titles. These points are eligible for conversion into 9BIT tokens based on platform mechanics. As creators' games gain traction, they earn rewards, creating a self-sustaining economy where content growth directly benefits the community. This marks the project's commitment to building a true gamer-to-gamer economy: a platform built by gamers, for gamers.About the9bitthe9bit is a gaming platform blending traditional play with Web3 rewards, offering game purchases, mobile top-ups, casual games, and community features. It turns daily gaming activities into valuable rewards with a focus on accessibility for mobile users and creators. Visit the9bit.com for more information.About The9 Limited The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation, Bitcoin mining business and AI-driven drug discovery investment.
View original content:https://www.prnewswire.com/news-releases/the9-owns-950-000-000-9bit-with-market-price-of-us0-02-each-as-of-february-24--2026--surges-sevenfold-since-listing-302695428.htmlSOURCE The9 Limited
Original: The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing
US Market News
4月前
The9 Announces AI-Powered Short Drama and AI-Assisted Interactive Movie Game Development Initiative Based on Licensed TVB Classic IP The Greed of ManFebruary 11, 2026 7:00 AM
PR Newswire (US)
SHANGHAI, Feb. 11, 2026 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established interactive entertainment and digital technology company, today announced that its wholly-owned subsidiary Shanghai The9 Information Technology Co., Ltd. ("Shanghai The9") has entered into a definitive cooperation agreement with Chengdu Lumosi Network Technology Co., Ltd. ("Chengdu Lumosi") to launch an AI-powered short drama and AI-assisted interactive movie game.Shanghai The9 currently holds the exclusive mobile game development and publishing license for the classic TVB drama The Greed of Man (???). The original television series was produced and is owned by TVB. Building upon its licensed premium drama IP portfolio and recent breakthroughs in generative AI video technologies — including next-generation large-scale video generation models and AI-enabled production pipelines — Shanghai The9 has initiated the development of AI-powered short drama formats and AI-assisted interactive movie game concepts inspired by The Greed of Man (???), within the scope of its existing authorized rights.Chengdu Lumosi brings technical expertise in AI-driven content prototyping and interactive entertainment technology development. The collaboration will focus on:AI-powered short drama format developmentAI-enhanced script iteration and cinematic scene generationAI-driven interactive storytelling mechanicsHybrid interactive movie game prototypes integrating cinematic narratives with player-driven decision systems"Recent advances in generative AI video technologies are fundamentally reshaping the economics of scripted drama production and narrative-driven interactive entertainment," said Gary Gao, COO of The9. "By combining high-quality licensed drama IP with AI-native production workflows, we aim to significantly enhance development efficiency, shorten production cycles, and pioneer scalable new content formats for the global short-form drama and interactive entertainment markets.""We value our ongoing cooperation with TVB and remain committed to operating within our authorized IP rights. We believe AI-powered short drama and AI-assisted interactive movie games represent a structural evolution in digital entertainment. Going forward, we will continue to evaluate additional high-quality drama IPs to expand our AI-driven content strategy."The9 Limited
17 Floor,
No. 130, Wu Song Road,
Hong Kou District,
Shanghai 200080, PRCAbout The9 Limited The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to become a global diversified high-tech Internet company and is engaged in online games operation, Bitcoin mining business and AI-driven drug discovery investment.
View original content:https://www.prnewswire.com/news-releases/the9-announces-ai-powered-short-drama-and-ai-assisted-interactive-movie-game-development-initiative-based-on-licensed-tvb-classic-ip-the-greed-of-man-302684976.htmlSOURCE The9 Limited
Original: The9 Announces AI-Powered Short Drama and AI-Assisted Interactive Movie Game Development Initiative Based on Licensed TVB Classic IP The Greed of Man
dinogreeves
5年前
NCTY is the most undervalued big board stock out there as far Bitcoin play. This will have a big run, just load up on the dips and hold for minimum 30 dollars. Low float compared to its peers, outstanding share structure, for comparison reasons MAR*A at the peak was 7 billion dollars, currently sitting at 2 billion plus market cap, NCTY just barely over 220 million market cap, they have plugged into mining machines at full capacity they could generate 300 million dollars annually by end of 2022 at bitcoin being at these prices, what if by that time Bitcoin is over 100,000 dollars, at that price for Bitcoin, NCTY can generate a billion dollars in revenues, rumors also has it they are in the process of acquiring mining companies in Canada, don't know if that is true, but they are also plugging in the machines with environmentally friendly power source, unlike MAR*A that is uses coal to power up their mining machines. This is single handily one of the best Bitcoin plays out there. Long term you are seriously looking at triple dollars stock by Easter next year we are possibly looking at 120 dollars, baring the price of Bitcoin is well over 70,000 dollars.