Altcoin Conflux Network (CFX) the developer behind DWF from their laboratories 10 million dollars collected.
Conflux Network (CFX) Rises
DWF Labs acquired CFX from the project’s team and foundation reserve. Conflux co-founder Fan Long said the tokens will “unfold linearly” for an unspecified period of time.
of Conflux Network local token CFXrose 9% after the announcement. The Layer 1 blockchain will use the finance to build the technology infrastructure and expand its user base.
Altcoin Conflux Network (CFX), a Tier 1 blockchain that connects decentralized economies across borders and protocols, for easy fiat entry into its ecosystem Alchemy Pay had collaborated with
Alchemy Pay’s payment gateway supports Visa and MasterCard payments in 173 countries, multiple domestic transfers, and popular mobile wallets in emerging markets.
Conflux is working with China Telecom, the second largest telecom provider in China, to develop blockchain-enabled SIM cards.
According to a Twitter post, the Web3 product will be the largest blockchain hardware product ever seen globally, with the most users and applications. China Telecom has more than 391 million mobile subscribers.
Prior to that, Conflux announced in January that it would integrate with Little Red Book, the Chinese version of Instagram. The partnership will allow users to view their NFTs on the platform.
The CFX token price started to climb after these news. CFX was trading at $0.23, up nearly 9% over the past few hours, according to TradingView data.
*Not investment advice.
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