Conflux ( CFX), which he founded with Xiaohongshu NFTAfter the partnership, it increased by 38%.
Blockchain project Conflux was also included in the period when the cryptocurrency market was on the rise. The uptrend, in which news feeds began to come up frequently, revealed a new partnership. He established a partnership with Conflux and Xiaohongshu NFT, which is called China’s Instagram. After this news, CFX came to the agenda with an increase of close to 38 percent.
Conflux Establishes NFT Partnership with Xiaohongshu, China’s Instagram
in 2019 Nearly 300 million usersChinese, who managed to reach and rival Instagram Xiaohongshu, Confluxwill integrate with
Confluxand Xiaohongshu As a result of the partnership, users will be able to view their NFTs on the platform. Xiaohongshu, also known as the Little Red Book, It has 200 million monthly active users.
ConfluxCTO ming wu, of the project Web3He stated that it has become an important bridge in China, which has started efforts to adopt .
The popular project announced the news of the partnership on Twitter. The sharing is as follows;
With more than 200M monthly active users, Little Red Book (Xiaohongshu), China’s answer to “Instagram” has integrated Conflux Network as a permissionless blockchain.https://t.co/tk84WI5kaj
— Conflux Network Official (@Conflux_Network) January 26, 2023
The project also stated that with this integration, more than 140 thousand brands from more than 200 countries and regions will be named.