Conflux Eco-Project Inventory: Breakthrough Offshore CNY, Focus on Digital Collection Metaverse
Author: @0xMavWisdom
With the potential recession in the US economy, tightening regulatory policies and Hong Kong’s strong embrace of Web3 forming a stark contrast, foreigners have been directing Crypto’s growth momentum to the Chinese market and investors represented by Hong Kong, and even shouting the slogan “Long China”. From once trying to hide the “Chinese team” to now actively showing Chinese to enhance the sense of belonging, many projects have completed a 180° switch from foreign to domestic identity overnight.
Conflux, which focuses on Chinese blockchain, has reached strategic cooperation with domestic major companies such as Xiaohongshu and China Telecom, and combined with the domestic policy environment to form a unique digital collection ecology that other chains do not have. In this article, we will take a look at the Conflux eco-projects.
Wallet
Fluent(https://fluentwallet.com/)
Officially supported and recommended by Conflux, the wallet is available to users as a plugin for Chrome, FireFox and Edge browsers. Fluent supports EVM chains including Conflux eSpace, Ethereum, etc. Users can use Conflux Core and eSpace for asset transfers and storage in an extended wallet. In addition, Fluent also supports HD wallets and hardware wallets.
AnyWeb(https://anyweb.cc/)
AnyWeb is a blockchain asset wallet designed for Chinese users’ usage habits, supporting standard NFT asset management, app, mobile H5, applet and Conflux chain. AnyWeb has no Token-related functions, real name on the chain and is hosted by hot wallet cloud encryption, and supports official SDK seamless access.
DeFi
Swappi(https://app.swappi.io/#/swap)
Swappi is the most commonly used DEX on the Conflux chain, giving users access to swap, liquidity, staking, lottery and Launchpad features, supporting 15 assets including BNB, ETH, WBTC, USDC, CFX, and 19 liquidity mining LPs such as CFX-ETH, CFX-USDT, CFX-WBTC, CFX-USDC. Swappi has launched the Governance Token PPI as well as the Genesis Pass NFT, which gives holders the ability to whitelist, airdrop eligibility for other Conflux eSpace projects, and other benefits. According to DeFiLlama, the current Swappi TVL is about $12 million, or 82% of the Conflux full-chain TVL.
Moonswap(https://moonswap.fi/)
Moonswap is the second largest DEX on Conflux, supported by Conflux Network and the cross-chain asset protocol ShuttleFlow, and uses no user-paid Gas, paid for by the Conflux contract on its behalf. The project is entirely community driven and currently supports a wide range of FT and NFT assets from ERC20, CRC20, ERC721 and ERC1155. Users can swap and provide liquidity on the platform as well as trade and auction NFTs on Conflux. In addition, Moonswap offers a governance system where community users holding the non-tradable Token XGenesis can vote to participate, and XGenesis is exchanged by Genesis NFT, Believer NFT, Dreamer NFT, Aspirant NFT, Resonator NFT or Idealist NFT.
Nucleon(https://www.nucleon.space/#/data/stake)
Nucleon is Conflux PoS’ liquidity staking solution that allows users to stake CFX without locking assets or maintaining infrastructure. When a user stakes using the platform, they receive a 1:1 ratio of xCFX (representing the CFX they staked). xCFX helps users earn revenue and loan rewards, and balances are updated daily to reflect the CFX stake rewards. Nucleon charges staking users 10% of the staked proceeds as a service fee. Nucleon has launched NUT Token, which allows holders to vote on proposals to use treasury funds. There are currently over 12 million CFX staked on Nucleon, valued at over $6.8 million, with an APY of approximately 18.7%.
Goledo(https://www.goledo.cash/)
Goledo is a Fork Aave lending protocol. The platform’s revenue is generated from the interest spread on the lending and the flash loan fees, of which 50% is allocated to GOL stakers and lock-in users, and the other half goes to the Goledo treasury. In addition, unlike stakes with no lock-up period, users of locked GOL will have a three-month lock-up period where, in addition to also enjoying the platform’s revenue, they will face a 50% penalty if they withdraw early, which will be distributed to other users of locked GOL.
Stablecoin
CNHC(https://www.cnhc.to/)
CNHC (CNH Coin) is a stablecoin pegged to the CNY at a ratio of 1:1 and is currently available on Conflux and Ethereum. CNHC Group’s fiat currency reserves are protected by a licensed trust held by an internationally recognized custodian bank, and CNHC’s offshore RMB reserves are regularly reviewed by an independent auditing firm. However, due to compliance reasons, CNHC does not provide services to users in mainland China. In addition to Conflux, CNHC’s partners include Circle and KuCoin.
Insurance
INS3(
https://conflux.ins3.insure/#/ins3/overall
)
INS3 is a decentralized cross-chain insurance and insurance provider, using “DeFi+NFT+oracle+cross-chain” innovative model to provide users with CDS business insurance, the project in the reimbursement mechanism through the prophecy machine and user fair game way to achieve automated reimbursement judgment. Users can purchase insurance services on Conflux, Ethereum, HECO, BSC and Polygon. On Conflux, INS3 protects about $25,000 in assets.
Bridge
ShuttleFlow(https://shuttleflow.io/)
ShuttleFlow supports asset cross-chains by using Conflux as a relay bridge, supporting Fluent or MetaMask. ShuttleFlow currently supports 49 assets such as ETH, LINK, USDC, etc. across six networks including Conflux, BSC, Ethereum, Bitcoin, HECO, and OKExChain.
NFT & Digital Collections
taopai 淘派(https://www.taopainft.com/)
Taopai is a Web3 and metaverse solution platform incubated internally by Shanghai Shutu Blockchain Research Institute, based on Conflux, including blockchain underlying technology, NFT issuance and trade platform, Web3 ecological integration, metaverse virtual technology, etc. On January 11, 2022, the digital collection issuance and trade platform Taopai was officially launched, and has cooperated in issuing digital collections such as personal Q-version of Xu Mengtao, the Winter Olympic champion, the series of “Shang Food”, and the national comic of “Aotu’ World”. In addition, Taopai has also released a series of AI-generated headshots of “Roast Boy’s Friends(烤仔的朋友)”, which landed on the cover of Xinmin Weekly.
BoheMints 薄盒Mints(https://mintstech.cn/)
BoheMints provides modular blockchain solutions that can customize digital collection Saas systems for enterprises to help them manage their own digital collection platforms; in addition, BoheMints also provides brand resource aggregation to help brands distribute their digital collections. Previously, BoheMints cooperated with Jay Chou to create the “Jay Chou Limited Collection Demo Space”, which contains 5 demo music digital collections such as “Celadon” and “Love in front of the Western Yuan”.
shuangjing 双镜(http://www.shuangjingbowu.cn/)
Shuangjing is a one-stop digital collection solution provider with its own digital collection distribution platform, Shuangjing Museum, which can provide project owners with distribution solutions in various modes, such as collection, blind box and airdrop. At present, Shuangjing has long-term cooperation with many domestic museums such as the Museum of Forestry, Nanjing Museum and other national non-public heritage projects, and has released the series of Beijing Imperial gems such as “Metal Engraving” and “Beijing Embroidery”. In addition, Shuangjing has also created its unique digital IP image, Zebao series, which is used as the mascot of Shuangjing and penetrated into the digital collection issuance and community operation (avatars, emoji packs, art toys).
Mainland China Compliance Digital Collection
Conflux has already worked with several Web2 brands on digital collections/NFT (see below). Conflux co-founder Yuanjie Zhang said in October last year that there are now more than 8 million digital collections issued by Conflux, more than 3 million unique users, and more than 300 brand IPs served, including some famous domestic brands such as Akiyip, Jiefang Daily, and Mahua FunAge.
(https://123cfx.com/#NFT)
Domain Name
Conflux Name Service(https://app.web3verse.space/)
“web3 username” is a username system based on Conflux. The first batch of .web3 usernames are supported by Anyweb, ConfluxScan, Fluent, heyfoo, Shuhe 数盒, Shaila 晒啦, Meta Name, Qukuaijimu 区块积木, Taopai 淘派, etc. Currently open to register 5 and more than 5 digits of user name, the cost is ¥30 a year, can be paid through Alipay code; subsequent will gradually open to register less than 5 digits of user name, currently only open for the Chinese mainland market.
SocialFi
Yuxian Discoverse 宇现 Discoverse(https://forum.conflux.fun/t/149-discoverse/17299)
Discoverse Yuxian will build its own decentralized data service layer on Conflux that adapts to the SBT protocol and provides data opening and analysis services by aggregating SBT data from multiple chains. The project MVP is expected to go live by June this year, including H5 applet, APP and official website, which will support peer-to-peer signing, issuing and destroying of four types of soul credentials, and create a seed user community.
CaTalk(https://forum.conflux.fun/t/148-conflux-did-web3/16947)
CaTalk is positioned as a Web3 community based on Conflux DID. Users will have new identity attributes on chain, such as digital asset NFT, digital identity SBT, etc. Based on the new identity will generate a new social link, and the group with the same identity will become the key form of social, CaTalk will rebuild this group on the basis of DID. At present, CaTalk has built its own NFT/digital collection issuance platform, Chaomiao, and plans to cooperate with 50 domestic digital collection projects in the near future to establish project holder group chat and further improve the basic services and functional details of the platform with group chat + topic as the core.
Metaverse
Mossai Metaverse (https://www.mossai.com/)
MOSSAI Metaverse plays on the brand slogan of sustainable blue metaverse, which is to generate global islands (including disappearing islands) into NFT islands through AI. Mossai metaverse has three major island ecologies, namely Native Island, Lay Flat Island and Emergent Island, each of which is a separate smart contract. Mossai metaverse also contains MOSSAIians — Soul Binding Alter Ego SBA, Crypto Meta Jellyfish NFG, Emergent Future City (apartments, stores, etc.) and other ecologies. At present, companies or individuals such as Amazon Cloud Technology, Zebra China, Space Culture, and artist Tan En are in the Mossai metaverse.
Reference:
https://mp.weixin.qq.com/s/1-O2XW_447fXzpTTPbz9bw
Follow us
Twitter: https://twitter.com/WuBlockchain
Telegram: https://t.me/wublockchainenglish
A good article is a comprehensive overview of the Conflux Network eco-projects and how they contribute to the growth of the blockchain ecosystem in China and beyond.