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August 21, 2024
Chain wire
Posted: August 21, 2024 at 4:02 am Up to date: August 21, 2024 at 4:02 am
New York, United States, 21 August 2024, Chainwire
Conflux Community, China's solely compliant public blockchain, is teaming up with China Cell, the nation's largest telecommunications service supplier, boasting greater than 1 billion month-to-month customers. This strategic alliance goals to revolutionize digital collections via Migu, the digital content material division of China Cell. Conflux Community and China Cell will introduce cutting-edge digital collectibles equivalent to RBT (Ringback Tones) video, digital id (DID) and blockchain communication {hardware}, all powered by the Conflux TreeGraph public blockchain.
The primary launch from this partnership will make historical past because the world's first public blockchain-based digital collectible video ringtone. Titled “MIGO and His Pal ConFi,” the collection will launch on August 23, 2024 at 10:00 a.m. Beijing time and will likely be accessible for buy via the “Digital Collectibles” part of the Migu Music App.
This assortment options characters from Conflux's mascot, “ConFi”, together with “MIGO”, China Cell Migu's pioneering NFT product. The collection integrates actual landmarks from Hong Kong and tells the story of friendship via charming visible storytelling. The “MIGO and his buddy ConFi” video ringtones will likely be bought as thriller packing containers, with 5,000 models accessible for RMB 13.9 (~US$2) every. Of those, 500 are uncommon editions, representing simply 1% of the overall. These thriller packing containers with video ringtones provide a state-of-the-art 5G expertise, combining personalization, social interplay and interactivity. Customers can watch the corresponding video ringtones straight on their cellphone screens throughout calls with out having to put in extra software program.
As of 2021, Migu is one in all China Cell's quickest rising verticals as a frontrunner in immersive media expertise. Migu has led digital content material innovation with a strategic give attention to ultra-high definition video, video ringtones, cloud gaming, cloud VR and cloud AR, all as a part of their Metaverse evolution technique. The partnership with Conflux is Migu's first enterprise into Metaverse and digital collectible purposes on a public blockchain community, bringing the expertise to Migu's 120 million month-to-month lively prospects.
About Conflux
The Conflux Community is a permissionless Layer 1 blockchain that connects decentralized economies throughout borders and protocols. It makes use of a hybrid PoW/PoS consensus mechanism to supply a quick, safe and scalable blockchain atmosphere. With Conflux, congestion is eradicated, charges stay low, and community safety is enhanced.
Because the main regulatory-compliant public blockchain in China, Conflux provides a definite benefit for tasks seeking to enter the Asian market. The platform works with famend international manufacturers and authorities entities within the area and helps blockchain and metaverse initiatives. Notable partnerships embody the town of Shanghai, China Telecom, Little Purple E-book (Chinese language “Instagram”), McDonald's China and Oreo. Customers can study extra: https://confluxnetwork.org/
About China Cell Migu
China Cell Migu is a specialised subsidiary of China Cell centered on the cellular web sector. The corporate is dedicated to the core precept of a “digital content material platform” that integrates the traits of each telecommunications operators and Web firms. With the assist of superior applied sciences, Migu continues to construct its core capabilities in content material expertise, platform expertise and cloud community expertise. Migu is actively exploring progressive “Web + Digital Content material” operations, combining content material incubation with accomplice channels, and dealing on the event of platforms for brand new media integration, digital content material aggregation, copyright transactions and content material enterprise. Migu is dedicated to altering the way in which customers expertise leisure and tradition. Migu boasts 400 million video ringtone customers, 25 million digital good customers, greater than 60 million e-books and greater than 130 printed books. Migu additionally provides 2,300 cloud video games with 120 million lively customers, making it a high cultural-technology model and a brand new media platform.
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Melissa Tirey
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