Conflux Token (CFX) is a coin of a public blockchain without permission, which, without sacrificing decentralization and security, reaches high TPS. It is universal, secure, scalable, smart contracts built in Ethereum can easily be transferred to Conflux, parallel chain building and governance taking place according to the principles of DAO are possible in it.

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Web3 in China 1 - Taopai

Taopai is one of the first NFT Marketplaces and Web3 Solutions company in China developing on Conflux Network. In addition, Taopai was also the first project that included Conflux Network's Fiat2NFT solution, so that users can freely purchase NFTs on Taopai using digital CNY. As a mobile-first platform, Taopai NFT has more than 1 million users and has collaborated with leading Chinese companies such as CCTV, People's Daily, Huace Film & TV, Mango TV, or multinationals like Unilever to issue their NFTs for the Chinese market.

Web3 in China Description:

Throughout the years, the FUD in China regarding blockchain technology has been all over the place! ICOs are banned, crypto trading is banned, and mining is banned, so you might think that everything is banned and ask whether Web3 still exists in China. While it seems like the case to many, Web3 is alive in China, but slightly different from what you might think! China has always been pushing for the adoption of blockchain technology, just not fungible tokens like BTC or ETH. China wants to avoid yet another Bitconnect to take place. But Web3 doesn’t only consist of fungible ERC20 tokens but also non-fungible tokens like ERC721 or ERC1151, aka NFTs or digital collectibles. Digital collectibles are legal, regulated, and no different from any other NFT on any blockchain network in terms of decentralization or technology.

Web3 in China - 1 - Taopai

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📹 Are you ready to explore the exciting developments happening in the Chinese blockchain space? 

🔹 Our new series highlights the most innovative projects in the Web3 ecosystem in China.

🔹 Our first feature is Taopai, one of the leading companies promoting NFT adoption in China. 

🔹 As one of the first web3 solution providers and NFT marketplaces on Conflux Network, Taopai boasts over 1 million users and has partnered with top Chinese firms to pave the way forward.

https://youtu.be/bvrBJAm6D9Y

Are you ready to explore the exciting developments happening in the Chinese blockchain space.