New York, United States, 21 August 2024, Chainwire
Conflux Community, China's solely compliant public blockchain, is teaming up with China Cellular, the nation's largest telecommunications service supplier, boasting greater than 1 billion month-to-month customers. This strategic alliance goals to revolutionize digital collections by Migu, the digital content material division of China Cellular. Conflux Community and China Cellular will introduce cutting-edge digital collectibles corresponding to RBT (Ringback Tones) video, digital identification (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 might be accessible for buy by the “Digital Collectibles” part of the Migu Music App.
This assortment options characters from Conflux's mascot, “ConFi”, together with “MIGO”, China Cellular Migu's pioneering NFT product. The collection integrates actual landmarks from Hong Kong and tells the story of friendship by charming visible storytelling. The “MIGO and his good friend ConFi” video ringtones might be offered 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 full. These thriller packing containers with video ringtones supply a state-of-the-art 5G expertise, combining personalization, social interplay and interactivity. Customers can watch the corresponding video ringtones immediately on their cellphone screens throughout calls with out having to put in further software program.
As of 2021, Migu is one in every of China Cellular's quickest rising verticals as a frontrunner in immersive media know-how. Migu has led digital content material innovation with a strategic concentrate on 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 functions on a public blockchain community, bringing the know-how 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 offer 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 initiatives 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 town of Shanghai, China Telecom, Little Crimson E book (Chinese language “Instagram”), McDonald's China and Oreo. Customers can study extra: https://confluxnetwork.org/
About China Cellular Migu
China Cellular Migu is a specialised subsidiary of China Cellular targeted 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 corporations. With the assist of superior applied sciences, Migu continues to construct its core capabilities in content material know-how, platform know-how and cloud community know-how. Migu is actively exploring modern “Web + Digital Content material” operations, combining content material incubation with accomplice channels, and dealing on the event of platforms for brand spanking new media integration, digital content material aggregation, copyright transactions and content material enterprise. Migu is dedicated to altering the best way 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 prime cultural-technology model and a brand new media platform.
Contact
Melissa Tirey
(e mail protected)
