In a notable announcement, Little Red Book, China's Instagram, has chosen to implement the Conflux Network for open blockchain integration.
On January 24, 2023, Chainwire based in Toronto, Canada, reported
Little Red Book, known as XiaohongShu, has integrated the Conflux Network, enabling users to display their NFTs—minted on Conflux—within their profile’s digital collection area known as 'R-Space'.
With over 200 million active users each month, this integration marks a significant step toward the mainstream acceptance of NFTs, as it allows individuals to interact with Web3 technology while still engaging in a Web2 environment.
Little Red Book previously formed partnerships with several notable players in the tech sphere. blockchains and NFTs but never a permissionless network.
Ming Wu, the Chief Technology Officer of Conflux, remarked that prominent internet companies within China have begun initiating their transformation efforts, with Conflux positioning itself as a pivotal connector between traditional and emerging digital realms. embracing the Web3 The successful integration of a permit-free blockchain by such a major enterprise strengthens China's favorable stance on NFTs. This indicates a potential surge in local businesses looking to blend blockchain technology with established Web2 systems.
Little Red Book's collaboration is supported by the Mimic Shhans community, which boasts a significant user base in China. NFT holders can follow a specified process to claim their Conflux NFT, which can then be displayed on their Little Red Book profiles.
The first Conflux NFT supported For those wishing to view complete images, please refer to the provided Dropbox link.
Conflux is a permissionless Layer 1 blockchain designed to connect decentralized economies across different jurisdictions and protocols. Having recently transitioned to a hybrid PoW/PoS system, it offers a swift, secure, and scalable blockchain ecosystem characterized by no congestion, low transaction fees, and enhanced security measures. https://www.dropbox.com/sh/s2i440p5hf2s2aw/AAC-JfdxXApMResEpMSqCjDEa?dl=0
About Conflux
Conflux Being the sole public blockchain in China that complies with regulatory standards, Conflux presents a unique opportunity for projects aiming to launch and grow within the Asian market. The network has previously engaged with global brands and government bodies on various blockchain initiatives.
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To learn more about Conflux, visit confluxnetwork.org
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