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New York, United States, August twenty first, 2024, Chainwire
Conflux Community, China’s solely regulatory-compliant public blockchain, is teaming up with China Cellular, 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 Cellular’s digital content material division. Conflux Community and China Cellular 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 ready to make historical past because the world’s first public blockchain-based digital collectible video ringtone. Titled the “MIGO and His Pal ConFi” collection, it would launch on August 23, 2024, at 10:00 AM Beijing Time and will probably be out there for buy via the “Digital Collectibles” part of the Migu Music App.
This assortment options characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Cellular Migu’s pioneering NFT product. The collection integrates real-life landmarks from Hong Kong to inform a narrative of friendship via charming visible storytelling. The “MIGO and His Pal ConFi” video ringtones will probably be bought 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 entire. 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 immediately on their cellphone screens throughout calls without having to put in further software program.
Since 2021, Migu has been one in every of China Cellular’s quickest rising verticals as a pacesetter in immersive media applied sciences. Migu has pushed 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 marks Migu’s first enterprise into Metaverse and digital collectible purposes on a public blockchain community, bringing this know-how to Migu’s 120 million month-to-month lively clients.
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 presents 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 town of Shanghai, China Telecom, Little Crimson E book (China’s “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 cell web sector. The corporate is devoted to the core precept of “digital content material 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 know-how, platform know-how, and cloud community know-how. Migu is actively exploring revolutionary “Web + digital content material” operations, combining content material incubation with channel partnerships, and is working to develop platforms for brand new media integration, digital content material aggregation, copyright transactions, and content material entrepreneurship. Migu is dedicated to remodeling the way in which customers expertise leisure and tradition. Migu boasts 400 million video ringtone customers, 25 million digital sensible customers, over 60 million e-books, and 130+ revealed books. Migu additionally presents 2,300 cloud video games with 120 million lively customers, making it a prime culture-tech model and new media platform.
Contact
Melissa Tirey
[email protected]