Conflux Newsletter | August 6-Sept 3
📣 Details of our upcoming upcoming hard fork; How Conflux is reshaping the NFT & gaming landscape in China; $CFX now listed on Mexo Exchange.
👋 Welcome to the Conflux Newsletter!
This newsletter serves a regular dose of updates about our latest features, upcoming events, and announcements from our rapidly expanding global community!
➡️ Subscribe to never miss an issue.
Latest From Conflux
All About Our Upcoming Hard Fork— Including the Addition of a PoS Layer
Our upcoming hard fork (exact date as yet to be announced) will include 6 CIPs (Conflux Improvement Proposals). Two of of the biggest updates include introducing a stand-alone Proof of Stake chain, which monitors the process of the Proof of Work Tree-Graph structure, as well as, recognizing and accepting the signatures from Ethereum’s wallets, such as Metamask.
To learn more about our upcoming hard fork, click the button below.
Reshaping the NFT and Gaming Landscape in China
The world of video games — including highly competitive and lucrative e-sports — has experienced rapid growth over the past several years. Nowhere is this clearer than in China. More than 665 million gamers spent billions of dollars just last year. Mobile games led the charge with $32 billion in revenue, while e-sports raked in $20.8 billion. The demand for gaming is so high that e-sports spectators fill an increasing number of large, purpose-built stadiums. Investors recently pooled $900 million to build the Shanghai International New Cultural and Creative E-Sports Center, an arena that will host thousands.
Conflux has actively demonstrated its commitment to supporting the development of decentralized gaming. As a member of the Blockchain Gaming Alliance and the DeFi Gaming Coalition, we encourage the entrance of traditional game developers into the blockchain gaming space. We are also independently supporting blockchain gaming developers through our $2.4 billion CFX grants program.
Learn more on how we are reshaping the NFT and gaming landscape in China by clicking the button.
What Everyone in Crypto Gets Wrong About China: A View From the West
Crypto markets have been roiled in recent months as China has appeared to clamp down on mining, exchanges, and other activity. Those watching from other countries — and indeed, from within China itself — have been feverishly trying to interpret Beijing’s actions. But this frenzy of prognostication almost invariably misreads the situation due to incorrect notions of what the goals of the Chinese government actually are.
China can seem like an enigma to outsiders, but the reality is the government’s actions are much less mystifying than they may seem at first glance. Its goal is self-preservation and the flourishing of its people; in fact, it views the two as mutually dependent.
These truths apply to the CCP’s approach to crypto as well. When we understand this, we can start to see the logic, and the human decisions, behind the superpower.
⭐️ Get involved!