New York, United States, August twenty first, 2024, Chainwire
Conflux Community, China’s solely regulatory-compliant public blockchain, is teaming up with China Cell, the nation’s largest telecom supplier boasting over 1 billion month-to-month customers. This strategic alliance goals to revolutionize digital collections by way of Migu, China Cell’s digital content material division. Conflux Community and China Cell will introduce cutting-edge digital collectibles like video RBTs (Ringback Tones), digital identities (DIDs), and blockchain communication {hardware}, all pushed by the Conflux TreeGraph public blockchain.
The primary launch from this partnership is about to make historical past because the world’s first public blockchain-based digital collectible video ringtone. Titled the “MIGO and His Friend ConFi” collection, it would launch on August 23, 2024, at 10:00 AM Beijing Time and shall be out there for buy by the “Digital Collectibles” part of the Migu Music App.
This assortment options characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Cell Migu’s pioneering NFT product. The collection integrates real-life landmarks from Hong Kong to inform a narrative of friendship by fascinating visible storytelling. The “MIGO and His Friend ConFi” video ringtones shall be offered as thriller packing containers, with 5,000 items out there at 13.9 RMB (~2 USD) every. Of those, 500 items are uncommon editions, representing simply 1% of the whole. These video ringtone thriller packing containers provide a cutting-edge 5G expertise, combining personalization, social interplay, and interactivity. Customers can view the corresponding video ringtone straight on their telephone screens throughout calls with no need to put in extra software program.
Since 2021, Migu has been one in all China Cell’s quickest rising verticals as a pacesetter in immersive media applied sciences. Migu has pushed digital content material innovation with a strategic deal with 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 marks Migu’s first enterprise into Metaverse and digital collectible functions on a public blockchain community, bringing this expertise to Migu’s 120 million month-to-month energetic prospects.
About Conflux
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 make sure a speedy, 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 gives a definite benefit for tasks searching for to enter the Asian market. The platform collaborates with famend international manufacturers and authorities entities within the area, driving blockchain and metaverse initiatives. Notable partnerships embody the town of Shanghai, China Telecom, Little Purple Ebook (China’s “Instagram”), McDonald’s China, and Oreo. Customers can be taught extra: https://confluxnetwork.org/
About China Cell Migu
China Cell Migu is a specialised subsidiary of China Cell targeted on the cell web sector. The corporate is devoted to the core precept of “digital content platform,” integrating the traits of each telecom operators and web firms. Supported by 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 “Internet + digital content” operations, combining content material incubation with channel partnerships, and is working to develop platforms for brand spanking new media integration, digital content material aggregation, copyright transactions, and content material entrepreneurship. Migu is dedicated to reworking the way in which customers expertise leisure and tradition. Migu boasts 400 million video ringtone customers, 25 million digital good customers, over 60 million e-books, and 130+ revealed books. Migu additionally gives 2,300 cloud video games with 120 million energetic customers, making it a high culture-tech model and new media platform.
Contact
Melissa Tirey
[email protected]