China’s “Instagram” Chooses Conflux Community for Permissionless Blockchain Integration

[PRESS RELEASE – Toronto, Canada, 24th January 2023]

Little Purple Ebook, (XiaohongShu), the Chinese language model of Instagram, integrates Conflux Community as permissionless blockchain permitting customers to showcase NFTs minted on Conflux on their profile web page within the digital assortment part known as ‘R-House.’

The platform has greater than 200 million lively month-to-month customers and this integration brings NFTs a step nearer to mass adoption, the place individuals are actively utilizing Web3 expertise each day inside a Web2 system.

Little Purple Ebook has earlier alliances with blockchains and NFTs however by no means a permissionless community.

Ming Wu, CTO of Conflux stated, “giant web trade gamers in China have initiated efforts embracing the Web3 transition. Conflux is changing into the most important bridge connecting the 2 worlds and taking a management position to develop Web3 expertise into conventional trade eventualities.”

From a regulation perspective, having such a large-scale firm combine a permissionless blockchain additional solidifies China’s pro-NFT place and suggests we are able to count on a rise in native firms contemplating blockchain expertise integration with present Web2 firms.

The primary Conflux NFT supported by Little Purple Ebook is from the Mimic Shhans group, which has a big Chinese language group base, and homeowners of the unique NFT can undergo a predefined course of to obtain the Conflux NFT that may be proven on their Little Purple Ebook profile web page.

To see full pictures, please see the Dropbox hyperlink: https://www.dropbox.com/sh/s2i440p5hf2s2aw/AAC-JfdxXApMResEpMSqCjDEa?dl=0

About Conflux

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies throughout borders and protocols. Just lately migrated to hybrid PoW/PoS consensus, Conflux gives a quick, safe, and scalable blockchain surroundings with zero congestion, low charges, and improved community safety.

As the one regulatory-compliant public blockchain in China, Conflux gives a singular benefit for tasks constructing and increasing into Asia. Within the area, Conflux has collaborated with world manufacturers and authorities entities on blockchain and metaverse initiatives, together with the town of Shanghai, McDonald’s China, and Oreo.

To be taught extra about Conflux, go to confluxnetwork.org