• 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.
Crypto enthusiasts were in for a treat as the Conflux native token (CFX) 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, an online social media platform with 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).
NFTs are digital assets that are stored on the blockchain and are unique, non-interchangeable, and non-fungible. Little Red Book’s integration with Conflux will allow its users to mint their profile pictures as NFTs on the Conflux blockchain. These NFTs can then be displayed on the user’s profile page in the digital collection section called R-Space.
The integration of Conflux with Little Red Book is a significant development for the crypto space as it will allow a wider audience to access the world of NFTs. Not only does this integration provide Little Red Book users with a new way to express themselves, but it also further solidifies China’s pro-NFT position.
The news of the integration between Little Red Book and Conflux pushed CFX to the top of the charts, with the token surging up to 60% in the last 24 hours. CryptoSlate data also shows that CFX has surged to nearly 100% in the last seven days.
Overall, the integration between Little Red Book and Conflux is a major boon for the NFT space and gives users a new way to express themselves. This integration is also a sign of China’s increasing acceptance of blockchain and NFT technology, which is expected to open up new opportunities and use cases in the future.