As a seasoned crypto investor with roots deeply entrenched in the digital landscape, I find myself captivated by the strategic alliance between Conflux Network and China Mobile Migu. This partnership is more than just a collaboration; it’s a testament to the power of innovation and the relentless march towards a decentralized future.
New York, United States, August 21st, 2024, Chainwire
In a strategic move, China’s only regulatory-compliant public blockchain platform, Conflux Network, is collaborating with China Mobile, the country’s largest telecommunications provider serving over a billion monthly users. The goal of this partnership is to transform digital collectibles through Migu, China Mobile’s digital content arm. Together, Conflux Network and China Mobile will introduce innovative digital assets such as video Ringback Tones (RBTs), digital identities (DIDs), and blockchain-based communication hardware, all powered by the Conflux TreeGraph public blockchain technology.
The initial product resulting from this collaboration is poised to create history by introducing the world’s first public blockchain-driven digital collectible video ringtone. Named the “MIGO and His Friend ConFi” series, it’s scheduled for release on August 23, 2024, at 10:00 AM Beijing Time. You can acquire this unique item through the “Digital Collectibles” section of the Migu Music App.
In this assortment, you’ll find characters from Conflux’s mascot, “ConFi,” together with MIGO, China Mobile Migu’s innovative NFT product pioneer. The collection weaves in well-known Hong Kong landmarks into its narrative to convey a tale of friendship through engaging visual storytelling. The video ringtones featuring “MIGO and His Friend ConFi” will be marketed as mystery boxes, with 5,000 units up for grabs at 13.9 RMB (approximately 2 USD) per box. Of these, 500 are special editions, making up only 1% of the total. These video ringtone mystery boxes provide a state-of-the-art 5G experience, blending personalization, social interaction, and interactivity. Users can view their purchased video ringtones directly on their phone screens during calls without needing to install additional software.
Starting from the year 2021, Migu has emerged as one of China Mobile’s swiftly expanding sectors, standing out as a pioneer in immersive media technologies. Through strategic initiatives, Migu has spearheaded digital content advancements, particularly focusing on ultra-high-definition video, video ringtones, cloud gaming, virtual reality (VR), and augmented reality (AR). All these elements are integral to their strategy for Metaverse development. The collaboration with Conflux is Migu’s inaugural step into the Metaverse and digital collectible applications on a public blockchain network. This move makes cutting-edge technology accessible to Migu’s vast base of 120 million monthly active users.
About Conflux
As an analyst, I’d express it like this: I work with the Conflux Network, a borderless, decentralized Layer 1 blockchain that seamlessly connects various economies and protocols without geographical boundaries. This network leverages a unique hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, ensuring swift, secure, and scalable transactions. By choosing Conflux, we eliminate congestion, keep fees minimal, and fortify network security.
About China Mobile Migu
China Mobile’s subsidiary, Migu, specializes in the mobile internet industry under the umbrella of China Mobile. Embracing the philosophy of “digital content platforms,” Migu uniquely blends the features of telecom providers and internet companies. Leveraging cutting-edge technologies, Migu strengthens its core competencies in content technology, platform technology, and cloud network technology.
Contact
Melissa Tirey
melissa@shift6studios.com
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2024-08-21 12:05