New York, United States, August 21st, 2024, Chainwire
Conflux Network, China’s only regulatory-compliant public blockchain, is teaming up with China Mobile, the nation’s largest telecom provider boasting over 1 billion monthly users. This strategic alliance aims to revolutionize digital collections via Migu, China Mobile’s digital content division. Conflux Network and China Mobile will introduce cutting-edge digital collectibles like video RBTs (Ringback Tones), digital identities (DIDs), and blockchain communication hardware, all 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 collectible video ringtone. Titled the “MIGO and His Friend ConFi” series, it will launch on August 23, 2024, at 10:00 AM Beijing Time and will be available for purchase through the “Digital Collectibles” section of the Migu Music App.
This collection features characters from Conflux’s mascot, “ConFi,” alongside “MIGO,” China Mobile Migu’s pioneering NFT product. The series integrates real-life landmarks from Hong Kong to tell a story of friendship through captivating visual storytelling. The “MIGO and His Friend ConFi” video ringtones will be sold as mystery boxes, with 5,000 units available at 13.9 RMB (~2 USD) each. Of these, 500 units are rare editions, representing just 1% of the total. These video ringtone mystery boxes offer a cutting-edge 5G experience, combining personalization, social interaction, and interactivity. Users can view the corresponding video ringtone directly on their phone screens during calls without needing to install additional software.
Since 2021, Migu has been one of China Mobile’s fastest growing verticals as a leader in immersive media technologies. Migu has driven digital content innovation with a strategic focus on ultra-high-definition video, video ringtones, cloud gaming, cloud VR, and cloud AR, all as part of their Metaverse evolution strategy. The partnership with Conflux marks Migu’s first venture into Metaverse and digital collectible applications on a public blockchain network, bringing this technology to Migu’s 120 million monthly active customers.
About Conflux
Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies across borders…