Its a bit complicated. The real action is on the Chinese market fiat-to-nft platforms, its a huge market but difficult to access
why is it difficult to access?
Generally you need a Chinese phone number or at least access to ecosystems like alipay/wechat. Conflux core has a fiat-to-nft solution that enables users to pay local fiat and mint/trade/etc. Its enabling a whole compliant web3 ecosystem in China where end uers can't actually use erc-20 or cfx directly but they buy nfts with fiat
Yea it takes some learning to grasp as its not in your face if not in that ecosystem
Any news on the offshore RMB project? Is conflux still working on this? How about the bsim collaboration with China telecom? Yuanjie said on Twitter people can purchase bsim cards at the end of this year, is it still on schedule? The team should release as more as possible good news on regulation-compliant work as this is how you can introduce new users to the cfx blockchain and get the token price up.
What is Yuanjie’s Twitter account pls?
This was his original tweet: https://twitter.com/forgivenever/status/1680655701109252097?s=20
This was his original tweet: https://twitter.com/forgivenever/status/1680655701109252097?s=20
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