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August 21, 2024
Chain Wire
Printed: August 21, 2024, 4:02 AM Up to date: August 21, 2024, 4:02 AM
New York, USA, August 21, 2024, Chainwire
Conflux Community, China's solely compliant public blockchain, is partnering with China Cell, China's largest telecommunications operator with over 1 billion month-to-month customers. The strategic partnership goals to revolutionize digital collections by means of China Cell's digital content material division, Migu. Conflux Community and China Cell will introduce cutting-edge digital collections powered by the Conflux TreeGraph public blockchain, together with video RBT (ringback tone), digital ID (DID), and blockchain communication {hardware}.
The primary launch from this partnership will make historical past because the world's first public blockchain-based digital collectible video ringtone. Titled the “MIGO and his pal ConFi” collection, the ringtones will likely be launched at 10:00 a.m. (Beijing time) on August 23, 2024 and will likely be obtainable for buy from the “Digital Assortment” part of the Migu Music App.
The gathering options Conflux's mascot “ConFi” character and China Cell Migu's pioneering NFT product “MIGO”. The collection integrates real-life landmarks in Hong Kong to inform a narrative of friendship by means of compelling visible storytelling. The “MIGO and his pal ConFi” video ringtones will likely be bought as thriller containers, with 5,000 items obtainable for RMB 13.9 (roughly USD 2) every. Of those, 500 will likely be a uncommon version, representing simply 1% of the full. These video ringtone thriller containers supply a cutting-edge 5G expertise that mixes personalization, social interplay and interactivity. Customers can watch the corresponding video ringtone immediately on their cellphone display screen throughout a name with out putting in any extra software program.
Since 2021, Migu, as a frontrunner in immersive media know-how, has turn into considered one of China Cell's fastest-growing vertical industries. As a part of its metaverse evolution technique, Migu has strategically centered on ultra-high definition video, video ringtones, cloud gaming, cloud VR and cloud AR to drive digital content material innovation. The partnership with Conflux marks Migu's first foray into metaverse and digital assortment functions on a public blockchain community, bringing the know-how to Migu's 120 million month-to-month lively prospects.
About Conflux
Conflux Community is a permissionless layer-1 blockchain that connects the decentralized economic system throughout borders and protocols. It makes use of a hybrid PoW/PoS consensus mechanism to allow a quick, safe and scalable blockchain surroundings. Conflux eliminates congestion, retains charges low and enhances community safety.
Because the main regulated public blockchain in China, Conflux gives a definite benefit to initiatives trying to enter the Asian market. The platform works with well-known world manufacturers and authorities businesses within the area to advance their blockchain and metaverse initiatives. Notable partnerships embrace the Municipality of Shanghai, China Telecom, Little Pink E-book (China's “Instagram”), McDonald's China, and Oreo. For extra data, please go to https://confluxnetwork.org/.
About China Cell Migu
China Cell's Migu is a specialised subsidiary of China Cell centered on the cell Web sector. The corporate is devoted to the core precept of “digital content material platform”, integrating the attributes of each telecommunications operators and Web corporations. Supported by superior know-how, Migu is repeatedly constructing its core capabilities in content material know-how, platform know-how and cloud community know-how. Migu actively explores progressive “Web + digital content material” companies, combines content material incubation and channel partnerships to develop platforms for brand spanking new media integration, digital content material aggregation, copyright buying and selling and content material entrepreneurship. Migu is dedicated to reworking the best way customers expertise leisure and tradition. Migu boasts 400 million video ringtone customers, 25 million digital sensible customers, greater than 60 million e-books and greater than 130 printed books. Migu additionally gives 2,300 cloud video games with 120 million lively customers, making it a top-class tradition tech model and new media platform.
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