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August 21, 2024
New York, USA, August 21, 2024, Chain Wire
Conflux Network, China’s only regulatory public blockchain, is partnering with China Mobile, the country’s largest telecom provider with over 1 billion users each month. This strategic alliance aims to revolutionize digital collections through Migu, China Mobile’s digital content division. Conflux Network and China Mobile will introduce cutting-edge digital collectibles such as video RBT (ringback tone), digital ID (DIDS), and blockchain communications hardware. All of these are driven by the Conflux Treegraph Public Blockchain.
The first release from this partnership is set to make history as the world’s first public blockchain-based digital collection video ringtone. The title “Migo and His Friend Confi” series will be released at 10am Beijing time on August 23, 2024, and will be available for purchase from the “Digital Collectible” section of the Migu Music app.
The collection features the characters from Conflux’s mascot “Confi” alongside “Migo,” a pioneering NFT product of Chinese mobile Migu. The series tells the story of friendship by integrating real-life landmarks in Hong Kong and captivates visual storytelling. The “Migo and His Friends Confi” video ringtones will be sold as mystery boxes with 5,000 units available for 13.9 RMB (~2 USD) each. Of these, 500 units are rare editions, only 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience combining personalization, social interaction and compatibility. Users can view video ringtones directly on the phone screen during a call without the need to install any additional software.
Since 2021, MIGU has been one of the fastest growing industries in China Mobile as a leader in immersive media technology. Migu strategically focuses on digital content innovation, focusing on ultra-high resolution videos, video ringtones, cloud gaming, cloud VR and cloud AR as part of its Metaverse evolution strategy. The partnership with Conflux is the first venture into Metaverse and Digital Collectible applications on Migu’s Public Blockchain network, bringing the technology to Migu’s 120 million active customers.
About Conflux
The Conflux network is a layer 1 blockchain that allows connections between borders and decentralized economies across protocols. Uses hybrid POW/POS consensus mechanisms to ensure a fast, secure and scalable blockchain environment. Conflux eliminates congestion, lowers charges, and enhances network security.
As a public blockchain complies with China’s major regulations, Conflux offers clear advantages for projects looking to enter the Asian market. The platform is working with renowned global brands and government agencies in the region to drive blockchain and metaverse initiatives. Notable partnerships include Shanghai City, China News, Little Red Book (China’s “Instagram”), McDonald’s China, and Oreo. User details: https://confluxnetwork.org/
About China’s Mobile Migu
China Mobile Migu is a specialized subsidiary of China Mobile, focusing on the mobile internet sector. The company is dedicated to the core principles of a “digital content platform” and integrates the characteristics of both carriers and internet companies. Supported by Advanced Technologies, MIGU continues to build core capabilities for content, platform and cloud network technologies. MIGU is actively investigating innovative “Internet + Digital Content” operations, combining content incubation and channel partnerships, working on new media integration, digital content aggregation, copyright transactions and developing platforms for content entrepreneurs. Migu is committed to changing the way users experience entertainment and culture. Migu has 400 million video ringtone users, 25 million digital smart users, over 60 million e-books, and over 130 published books. Migu also offers 2,300 cloud games with 120 million active users, making it a culture technology brand and a new media platform.
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