• Conflux native token (CFX) has surged up to 60% in the last 24 hours, following the protocol’s successful integration with the Chinese app called Little Red Book.
• Little Red Book announced on Jan. 24 that it has integrated with Conflux to allow its users to mint their non-fungible tokens (NFTs).
• NFTs minted on the Conflux network can be displayed on their profile page in the digital collection section called R-Space.
Conflux, a layer 1 blockchain protocol, recently announced its successful integration with the Chinese app Little Red Book, causing the price of its native token (CFX) to surge up to 60% in the last 24 hours.
Little Red Book, which has over 200 million users, announced on Jan. 24 that it has integrated with Conflux to allow its users to mint their non-fungible tokens (NFTs). As a result of this integration, users are now able to mint their profile pictures on the Conflux blockchain. The NFTs minted on the Conflux network can be displayed on their profile page in the digital collection section called R-Space.
This integration with Little Red Book further solidifies China’s pro-NFT position, according to the press release. The move was met with enthusiasm by the crypto community, as the price of CFX has surged to nearly 100% in the last seven days.
The team behind Conflux is optimistic about the integration, and believes that it will bring more attention to the blockchain and its potential applications. They hope that this integration will help to expand the reach of the protocol, and bring more people into the blockchain space.
The integration of Conflux with Little Red Book is an exciting development for both the blockchain and NFT space. It is a sign of more widespread adoption of blockchain technology, and could potentially open the door to more innovative use cases in the future.