Conflux Ecosystem Project Review: Breaking through Offshore RMB and Focusing on Digital Storage of Metaverse

defioasis · 2023-03-08T06:40:43.000Z

(I am the author of the original article, first published on Wu Shuo Blockchain: https://mp.weixin.qq.com/s/S0EnmzTScrNxG1X3XkF2sQ) The content of this article is only for information sharing and does not promote or endorse any business or investment activities. Readers are requested to strictly abide by the laws and regulations of their region. The potential recession of the U.S. economy and increasingly strict regulatory policies are in sharp contrast with Hong Kong's strong embrace of Web3. Foreigners have pointed the driving force of Crypto's growth momentum to the Chinese market and investors represented by Hong Kong, and even shouted "Long China" " slogan. From once trying their best to conceal the "domestic team" to now actively showing off their Chinese language to enhance their sense of belonging, many projects have completed a 180° switch from foreign to domestic status overnight. As the main Chinese blockchain, Conflux has reached strategic cooperation with major domestic manufacturers such as Xiaohongshu and China Telecom, and combined with the domestic policy environment, it has formed a unique data storage ecosystem that is not found in other public chains. This article will take stock of projects from the Conflux ecosystem.

(I am the original author, first published in Wu Shuo Blockchain: https://mp.weixin.qq.com/s/S0EnmzTScrNxG1X3XkF2sQ)
The content of this article is for information sharing only and does not promote or endorse any business or investment activities. Readers are requested to strictly abide by the laws and regulations in their area.
The potential recession of the US economy and increasingly stringent regulatory policies form a sharp contrast with Hong Kong's strong embrace of Web3. Foreigners have pointed the driving force of Crypto's growth momentum to the Chinese market and investors represented by Hong Kong, and even shouted the slogan "Long China". From trying hard to conceal the "domestic team" to actively showing Chinese to enhance the sense of belonging, many projects have completed a 180° switch from foreign to domestic identity overnight. As a Chinese blockchain company, Conflux has successively reached strategic cooperation with domestic giants such as Xiaohongshu and China Telecom, and combined with the domestic policy environment, it has formed a unique digital storage ecosystem that other public chains do not have. This article will review the projects from the Conflux ecosystem.
wallet
Fluent（https://fluentwallet.com/）
Fluent is a wallet officially supported and recommended by Conflux. Users can use it as a plug-in on Chrome, FireFox and Edge browsers. Fluent supports EVM chains including Conflux eSpace and Ethereum. Users can use Conflux Core and eSpace in one extended wallet to transfer and store assets. In addition, Fluent also supports HD wallets and hardware wallets.
AnyWeb（https://anyweb.cc/）
AnyWeb is a blockchain asset wallet designed for Chinese users, supporting standard NFT asset management, App, mobile H5, mini-programs, and Conflux public chain. AnyWeb has no token-related functions, real-name on-chain, and encrypted cloud hosting by hot wallets, and supports seamless access to the official SDK.
DeFi
Swappi（https://app.swappi.io/#/swap）
Swappi is the most commonly used DEX on the Conflux chain. Users can use functions such as trading, liquidity mining, staking, lottery, and Launchpad. It supports 15 asset transactions including BNB, ETH, WBTC, USDC, and CFX, as well as 19 liquidity mining LPs such as CFX-ETH, CFX-USDT, CFX-WBTC, and CFX-USDC. Swappi has launched the governance token PPI and Genesis Pass NFT, which can bring holders rights such as whitelist and airdrop qualifications for other Conflux eSpace projects. According to DeFiLlama data, the current Swappi TVL is about 12 million US dollars, accounting for 82% of the TVL of the entire Conflux chain.
Moonswap（https://moonswap.fi/）
Moonswap is the second largest DEX on Conflux, supported by Conflux Network and the cross-chain asset protocol ShuttleFlow. It does not require users to pay for Gas, which is paid by the Conflux contract. The project is completely community-driven and currently supports a variety of FT and NFT assets of ERC20, CRC20, ERC721 and ERC1155. Users can trade and provide liquidity on the platform as well as NFT transactions and auctions on the Conflux chain. In addition, Moonswap also provides a governance system, where community users holding the non-tradable Token XGenesis can vote to participate, and XGenesis is redeemable by Genesis NFT, Believer NFT, Dreamer NFT, Aspirant NFT, Resonator NFT or Idealist NFT.
Nucleon（https://www.nucleon.space/#/data/stake）
Nucleon is a liquidity staking solution for Conflux PoS that allows users to stake CFX without locking up assets or maintaining infrastructure. When users use the platform to stake, they receive xCFX (representing the CFX they staked) in a 1:1 ratio. xCFX can help users earn yield and loan rewards, and will update the balance daily to reflect CFX staking rewards. Nucleon charges staking users 10% of the staking income as a service fee. Nucleon has launched NUT, and holders can vote on proposals to use treasury funds. Currently, more than 12 million CFX are staked on Nucleon, worth more than US$6.8 million, with an APY of approximately 18.7%.
Goledo（https://www.goledo.cash/）
Goledo is a lending protocol forked from Aave. The platform's revenue comes from the interest rate difference between lending and borrowing and flash loan fees, of which 50% is distributed to GOL pledgers and lock-up users, and the other half flows into the Goledo treasury. In addition, unlike staking without a lock-up period, users who lock up GOL will have a three-month lock-up period. In addition to enjoying the platform's revenue, if they withdraw early, they will face a 50% fine, which will be distributed to other GOL lock-up users.
Stablecoins
CNHC（https://www.cnhc.to/）
CNHC (CNH Coin) is a stablecoin pegged to the RMB at a 1:1 ratio and is currently issued on Conflux and Ethereum. CNHC Group's fiat reserves are protected by a licensed trust held by an internationally renowned custodian bank, and independent audit firms regularly review CNHC's offshore RMB reserves. 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. It adopts the innovative model of "DeFi+NFT+oracle+cross-chain" to provide users with CDS commercial insurance. The project realizes automated payment judgment through fair game between oracles and users in the payment mechanism. Users can purchase insurance services on Conflux, Ethereum, HECO, BSC and Polygon. On the Conflux chain, INS3 protects about $25,000 in assets.
Bridge
ShuttleFlow（https://shuttleflow.io/）
ShuttleFlow supports cross-chain asset transfers through the Conflux chain as a relay bridge, and supports Fluent or MetaMask. Currently, ShuttleFlow supports cross-chain transfers of 49 assets including ETH, LINK, USDC, etc. on six networks: Conflux, BSC, Ethereum, Bitcoin, HECO, and OKExChain.
NFT & Digital Collectibles
Taopai (https://www.taopainft.com/)
Taopai is a Web3 and metaverse solution platform based on the Conflux public chain, incubated by Shanghai TreeGraph Blockchain Research Institute. It includes blockchain underlying technology, NFT issuance and trading platform, Web3 ecological integration, metaverse virtual technology, etc. On January 11, 2022, Taopai, a digital collection issuance and trading platform, was officially launched. It has cooperated to issue digital collections such as the personal Q version of Winter Olympic champion Xu Mengtao, the "Shang Shi" series, and the "Aotu World" Chinese comics. In addition, Taopai officially released the "Kaozi's Friends" avatar series generated by AI algorithms, and landed on the cover of "Xinmin Weekly".
Thin Box Mints (https://mintstech.cn/)
BoHe provides modular blockchain solutions, and can customize digital collection SaaS systems for enterprises to help them manage their own digital collection platforms. In addition, BoHe also provides brand resource aggregation to help brands issue digital collections. Previously, BoHe cooperated with Jay Chou to create the "Jay Chou Limited Collection Demo Space", which includes 5 demo music digital collections such as "Blue and White Porcelain" and "Love in BC".
Shuangjingbowu (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 parties with a variety of distribution solutions including collections, blind boxes, airdrops, etc. At present, Shuangjing has established long-term cooperation with many domestic museums such as Xi'an Museum and Nanjing Museum, and many representative inheritors of national intangible cultural heritage projects, and has issued Beijing Jade Carving [Gold Inlaid Jade Fortune Vulture Adds Wings], Beijing Embroidery [Dragon and Phoenix Double Happiness Together Robe] and other Yanjing Eight Wonders series. In addition, Shuangjing has also created its unique digital IP image Zebao series, and as Shuangjing's mascot, it has penetrated into multiple links such as digital collection distribution and community operation (avatars, emoticons, trendy toys).
Compliant digital collections
Conflux has currently cooperated with multiple Web2 brands in digital collections/NFTs (as shown below). Conflux co-founder Zhang Yuanjie said in October last year that there are now more than 8 million digital collections issued on Conflux, more than 3 million independent users, and more than 300 brand IPs, including well-known domestic brands such as iQiyi, Jiefang Daily, and Happy Twist.
domain name
Conflux Name Service（https://app.web3verse.space/）
".web3 Username" is a username system based on the Conflux chain. The first batch of .web3 usernames are Anyweb, ConfluxScan, Fluent, heyfoo, Shuhe, Shaila, Meta Name, Blockchain, Taopai, etc. Currently, registration of usernames with 5 or more characters is open, and the fee is 30 yuan per year, which can be paid by scanning the Alipay code; registration of usernames with less than 5 characters will be gradually opened in the future, and it is currently only open to the Chinese mainland market.
social contact
Discoverse
（https://forum.conflux.fun/t/149-discoverse/17299）
Discoverse will build its own decentralized data service layer on Conflux that adapts to the SBT protocol, and provide data openness and analysis services by aggregating SBT data from multiple chains. The project MVP is expected to be launched before June this year, including H5 applet, APP and official website, which will support the point-to-point signing, issuance and destruction of four types of soul certificates, and build 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 the chain, such as digital assets NFT, digital identity SBT, etc. Based on the new identity, a new social link will be generated, and groups with the same identity will become the focus of social interaction. CaTalk will rebuild this group based on DID. At present, CaTalk has built its own NFT/digital collection issuance platform Chao Miao, and plans to cooperate with 50 digital collection projects in China in the short term to establish a project holding group chat, and further improve the platform's basic services and functional details with group chat + topics as the core.
original universe
Mossai Metaverse (https://www.mossai.com/)
MOSSAI Metaverse strives to promote the brand slogan of sustainable blue metaverse, and generates global islands (including disappearing islands) into NFT islands through AI. MOSSAI Metaverse has three major island ecosystems, namely Native Island, Lying Island and Emerging Island, each of which is an independent smart contract. MOSSAI Metaverse also includes the Moselians-Soul Bound Avatar SBA, Encrypted Metajellyfish NFG, Emerging Future City (apartments, shops, etc.) and other ecosystems. At present, Amazon Cloud Technology, Zebra China, Aerospace Cultural and Creative, artist Tan En and other companies or individuals have settled in MOSSAI Metaverse.
reference:
https://mp.weixin.qq.com/s/1-O2XW_447fXzpTTPbz9bw