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SoSo Daily Jun. 1 | SEC Questions the Legitimacy of REX's Ethereum and Solana Staking ETFs Submission
SoSo Daily Jun. 1 | SEC Questions the Legitimacy of REX's Ethereum and Solana Staking ETFs Submission
SoSo Daily Jun. 1 | SEC Questions the Legitimacy of REX's Ethereum and Solana Staking ETFs Submission
SoSo Daily Jun. 1 | SEC Questions the Legitimacy of REX's Ethereum and Solana Staking ETFs Submission
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Al-Driven Crypto Investment Research Revolution

Conflux

$0.07430.95%
CFX/USDT
BINANCE
Total dollar volume:
Market Cap:
FDV:
Turnover rate:
News
Tweets
Research
Pairs
Transaction
From Official
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The AI-generated Labubu wishes the Conflux community and everyone a happy Dragon Boat Festival! https://t.co/RJmTtaKVtx
$CFX
Conflux_Network
15 hours ago
We're partnering with @Trl_co, the world's first 360° RWA Ecosystem, which merges home subscription living and fractionalized real estate on the blockchain.
#DeFi
$CFX
Conflux_Network
1 day ago
Excited to partner with @GraphiteNetwork!
$CFX
Conflux_Network
2 days ago
Welcome @CycleXTeam to the Conflux ecosystem! They’re bringing tokenized stocks, bonds, and crypto funds to our ecosystem, opening up new, diversified yield opportunities for Web3 investors.
#DeFi
$CFX
Conflux_Network
2 days ago
Excited to see @GraphiteNetwork building on Conflux! Together we're bringing TradFi and institutions into Web3.
#Layer1
$CFX
Conflux_Network
3 days ago
🧠 New video from @ConfluxDevs is out! https://t.co/eC5YnJmaW2 Whether you’re new to Conflux or just want a quick refresher, this video breaks down the core tech in a way that’s easy to follow. 🔹 Tree-Graph structure 🔹 GHAST protocol 🔹 Spaces 🔹 Hybrid PoW + PoS consensus Understand how it all fits together to power the Conflux Network.
#Layer1
$CFX
Conflux_Network
5 days ago
🎉🎉Advertising Time Trace (ATT) and Conflux to Explore Opportunities in the RWA SectorATT Global is excited to announce its commitment to exploring the Real-World Assets (RWA) sector alongside @Conflux_Network, a leading high-performance public blockchain.🎊Both of us share a vision of leveraging innovative technologies to enhance asset integration and drive growth in the Web3.0 landscape. By focusing on RWA, ATT Global and Conflux aim to unlock new opportunities and foster advancements in the blockchain space.Stay tuned for updates as we embark on this journey together!🚀🔥#ATTGlobal #Conflux #Partnership
#Layer1
$CFX
aiwayworld
6 days ago
Join us @beyondtechexpo in Macao for a panel on "Blockchain for AI: Solving What Wasn't Possible." Speakers for the panel are: • Trav Ng (President at Innobaker and Co-founder of ChainNeXT Labs) • @Jtsong2 (Lead of Greater China @0G_labs) • @Cindyshi0907 (CMO @GoKiteAI) • Esther Jiang (Head of HK @Conflux_Network) • Danny Lung (Co-founder and CEO @pqalabs) 📅 Saturday, 24 May 🔗 https://t.co/cSsCi56Xnl
$CFX
GoKiteAI
8 days ago
We're excited to collaborate with @ChainFoxHQ! They’ll help keep our dApps safer with automated audits and support our Beidou student program to grow the next generation of Web3 talent.
$CFX
Conflux_Network
8 days ago
We’re joining this X Space tomorrow alongside some great projects to talk all things Web3 hosted by @web3globalmedia 🗓️ See you there 👇
$CFX
Conflux_Network
9 days ago
We’ve published an update on the remaining FC tokens • 3.52M FC will be minted and swapped to CFX • FC minting will be permanently disabled • FC will still be used for off-chain governance More details: 🔗 https://t.co/bzSW0SWtKB
#Layer1
$CFX
Conflux_Network
9 days ago
Excited to work with @DeepLinkGlobal! With their AI-powered cloud gaming vision and our foundation in Asia’s compliant blockchain space, we’re working together to grow both ecosystems and bring new energy to decentralized entertainment.
#GameFi
$CFX
Conflux_Network
9 days ago
Enjoy zero-fee bridging when moving USDT/USDC from exchanges to Conflux eSpace — now live through a campaign by @mesonfi.⛽️ Save on gas fees and join the campaign today.📖 More info: https://t.co/JwS5ejQx2u https://t.co/27CPc73mlg
#Layer1
$CFX
$USDT
$USDC
Conflux_Network
9 days ago
From now until July 21, @mesonfi is running a zero-fee bridging campaign for users moving USDT/USDC from exchanges to Conflux eSpace. Bridge now and save on gas fees! ⛽️ 📖 More info: https://t.co/8SmJZ8EgYx
#Layer1
$CFX
$USDT
$USDC
Conflux_Network
10 days ago
Empowering the Future Together! 🚀 We’re excited to announce a strategic collaboration with @Conflux_Network, a leading Layer 1 blockchain driving innovation across Asia and the global Web3 space. This partnership is focused on joint ecosystem growth and community collaboration, combining Deeplink’s AI-powered cloud gaming vision with Conflux’s strong presence and regulatory edge in Asia. Together, we’re building momentum for the next wave of decentralized entertainment and global blockchain adoption. #AI #CloudGaming #DePIN #DeepLink #Conflux
#Layer1
$CFX
DeepLinkGlobal
10 days ago
Chain Fox New ATH #RUOND1: 33X From: 179K to 6M Call: https://t.co/r9ZKWAbpoG #RUOND2: 6X Plus From: 960K to 6M Call: https://t.co/8qTtuzgoVR RhFVq1Zt81VvcoSEMSyCGZZv5SwBdA8MV7w4HEMpump Chain Fox $CFX #SOL @ChainFoxHQ https://t.co/s0HStc04m0
#Layer1
$CFX
$MAG7.SSI
$SOL
mrjackpro
10 days ago
From June 21 to July 21, @mesonfi is running a zero-fee bridging campaign for users moving USDT/USDC from exchanges to Conflux eSpace. Bridge now and save on gas fees! ⛽️ 📖 More info: https://t.co/JwS5ejQx2u
#Layer1
$CFX
$USDT
Conflux_Network
10 days ago
Chain Fox New ATH ROUND1 : 26X From : 179K to 4.7M Call : https://t.co/fhdirKXDqe ROUND2 : 5X From : 960K to 4.7M Call : https://t.co/fhdirKXDqe Chain Fox $CFX #SOL RhFVq1Zt81VvcoSEMSyCGZZv5SwBdA8MV7w4HEMpump @ChainFoxHQ https://t.co/S91Xui2Zot
#Layer1
$CFX
$MAG7.SSI
$SOL
mrjackpro
11 days ago
Thank you to everyone who attended our side event with @Supermooncamp during #Consensus2025 in Toronto! https://t.co/HDUaX3oluc
$CFX
Conflux_Network
11 days ago
Our founder @FanLong16 sat down for an in depth interview to share how his background as a scientist helped to create the vision behind Conflux. From Tsinghua’s Yao Class to building the only compliant public chain in China, here’s how we stay focused in a fast-moving industry. 👇
#Layer1
$CFX
Conflux_Network
11 days ago
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution
Scan QR Code to Explore more key information

Conflux

CFX

News
Tweets
Research
Pairs
Transaction
From Official
View All News
The AI-generated Labubu wishes the Conflux community and everyone a happy Dragon Boat Festival! https://t.co/RJmTtaKVtx
$CFX
Conflux_Network
15 hours ago
We're partnering with @Trl_co, the world's first 360° RWA Ecosystem, which merges home subscription living and fractionalized real estate on the blockchain.
#DeFi
$CFX
Conflux_Network
1 day ago
Excited to partner with @GraphiteNetwork!
$CFX
Conflux_Network
2 days ago
Welcome @CycleXTeam to the Conflux ecosystem! They’re bringing tokenized stocks, bonds, and crypto funds to our ecosystem, opening up new, diversified yield opportunities for Web3 investors.
#DeFi
$CFX
Conflux_Network
2 days ago
Excited to see @GraphiteNetwork building on Conflux! Together we're bringing TradFi and institutions into Web3.
#Layer1
$CFX
Conflux_Network
3 days ago
🧠 New video from @ConfluxDevs is out! https://t.co/eC5YnJmaW2 Whether you’re new to Conflux or just want a quick refresher, this video breaks down the core tech in a way that’s easy to follow. 🔹 Tree-Graph structure 🔹 GHAST protocol 🔹 Spaces 🔹 Hybrid PoW + PoS consensus Understand how it all fits together to power the Conflux Network.
#Layer1
$CFX
Conflux_Network
5 days ago
🎉🎉Advertising Time Trace (ATT) and Conflux to Explore Opportunities in the RWA SectorATT Global is excited to announce its commitment to exploring the Real-World Assets (RWA) sector alongside @Conflux_Network, a leading high-performance public blockchain.🎊Both of us share a vision of leveraging innovative technologies to enhance asset integration and drive growth in the Web3.0 landscape. By focusing on RWA, ATT Global and Conflux aim to unlock new opportunities and foster advancements in the blockchain space.Stay tuned for updates as we embark on this journey together!🚀🔥#ATTGlobal #Conflux #Partnership
#Layer1
$CFX
aiwayworld
6 days ago
Join us @beyondtechexpo in Macao for a panel on "Blockchain for AI: Solving What Wasn't Possible." Speakers for the panel are: • Trav Ng (President at Innobaker and Co-founder of ChainNeXT Labs) • @Jtsong2 (Lead of Greater China @0G_labs) • @Cindyshi0907 (CMO @GoKiteAI) • Esther Jiang (Head of HK @Conflux_Network) • Danny Lung (Co-founder and CEO @pqalabs) 📅 Saturday, 24 May 🔗 https://t.co/cSsCi56Xnl
$CFX
GoKiteAI
8 days ago
We're excited to collaborate with @ChainFoxHQ! They’ll help keep our dApps safer with automated audits and support our Beidou student program to grow the next generation of Web3 talent.
$CFX
Conflux_Network
8 days ago
We’re joining this X Space tomorrow alongside some great projects to talk all things Web3 hosted by @web3globalmedia 🗓️ See you there 👇
$CFX
Conflux_Network
9 days ago
We’ve published an update on the remaining FC tokens • 3.52M FC will be minted and swapped to CFX • FC minting will be permanently disabled • FC will still be used for off-chain governance More details: 🔗 https://t.co/bzSW0SWtKB
#Layer1
$CFX
Conflux_Network
9 days ago
Excited to work with @DeepLinkGlobal! With their AI-powered cloud gaming vision and our foundation in Asia’s compliant blockchain space, we’re working together to grow both ecosystems and bring new energy to decentralized entertainment.
#GameFi
$CFX
Conflux_Network
9 days ago
Enjoy zero-fee bridging when moving USDT/USDC from exchanges to Conflux eSpace — now live through a campaign by @mesonfi.⛽️ Save on gas fees and join the campaign today.📖 More info: https://t.co/JwS5ejQx2u https://t.co/27CPc73mlg
#Layer1
$CFX
$USDT
$USDC
Conflux_Network
9 days ago
From now until July 21, @mesonfi is running a zero-fee bridging campaign for users moving USDT/USDC from exchanges to Conflux eSpace. Bridge now and save on gas fees! ⛽️ 📖 More info: https://t.co/8SmJZ8EgYx
#Layer1
$CFX
$USDT
$USDC
Conflux_Network
10 days ago
Empowering the Future Together! 🚀 We’re excited to announce a strategic collaboration with @Conflux_Network, a leading Layer 1 blockchain driving innovation across Asia and the global Web3 space. This partnership is focused on joint ecosystem growth and community collaboration, combining Deeplink’s AI-powered cloud gaming vision with Conflux’s strong presence and regulatory edge in Asia. Together, we’re building momentum for the next wave of decentralized entertainment and global blockchain adoption. #AI #CloudGaming #DePIN #DeepLink #Conflux
#Layer1
$CFX
DeepLinkGlobal
10 days ago
Chain Fox New ATH #RUOND1: 33X From: 179K to 6M Call: https://t.co/r9ZKWAbpoG #RUOND2: 6X Plus From: 960K to 6M Call: https://t.co/8qTtuzgoVR RhFVq1Zt81VvcoSEMSyCGZZv5SwBdA8MV7w4HEMpump Chain Fox $CFX #SOL @ChainFoxHQ https://t.co/s0HStc04m0
#Layer1
$CFX
$MAG7.SSI
$SOL
mrjackpro
10 days ago
From June 21 to July 21, @mesonfi is running a zero-fee bridging campaign for users moving USDT/USDC from exchanges to Conflux eSpace. Bridge now and save on gas fees! ⛽️ 📖 More info: https://t.co/JwS5ejQx2u
#Layer1
$CFX
$USDT
Conflux_Network
10 days ago
Chain Fox New ATH ROUND1 : 26X From : 179K to 4.7M Call : https://t.co/fhdirKXDqe ROUND2 : 5X From : 960K to 4.7M Call : https://t.co/fhdirKXDqe Chain Fox $CFX #SOL RhFVq1Zt81VvcoSEMSyCGZZv5SwBdA8MV7w4HEMpump @ChainFoxHQ https://t.co/S91Xui2Zot
#Layer1
$CFX
$MAG7.SSI
$SOL
mrjackpro
11 days ago
Thank you to everyone who attended our side event with @Supermooncamp during #Consensus2025 in Toronto! https://t.co/HDUaX3oluc
$CFX
Conflux_Network
11 days ago
Our founder @FanLong16 sat down for an in depth interview to share how his background as a scientist helped to create the vision behind Conflux. From Tsinghua’s Yao Class to building the only compliant public chain in China, here’s how we stay focused in a fast-moving industry. 👇
#Layer1
$CFX
Conflux_Network
11 days ago
ConfluxGoogle Search Trends
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ConfluxGitHub code submission status
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Commit
26,247
Star
1,062
Fork
429
Issue
188
ConfluxTwitter weekly trends
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May-31-May-25
May-24-May-18
May-17-May-11
Tweets
Total
6
10
3
Views
Total
Average
18.37K
3.06K
62.24K
6.22K
14.25K
4.75K
Like
Total
Average
261
43
632
63
211
70
Comment
Total
Average
33
5
99
9
33
11
Shares
Total
Average
67
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21
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25
Al-Driven Crypto Investment Research Revolution

Conflux Timeline

Ecosystem Fund 2B
Genesis Team 1.8B
Private Equity Investors 600.05M
Community Fund 399.94M
Foundation Holdings 200.02M
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution

Conflux Token unlock

Unlocked: 94.61%(5.00b)
TBD locked: --
Total Locked: --
Untracked: 5.39%(285.00m)
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution

Conflux Token allocation

Ecosystem Fund:40.00%(2.00b)
Genesis Team:36.00%(1.80b)
Private Equity Funders:12.00%(600.00m)
Community Fund:8.00%(400.00m)
Foundation Holdings:4.00%(200.00m)
Scan QR Code to Explore more key information

Conflux Basic
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Al-Driven Crypto Investment Research Revolution
Conflux Significant Events
  • Jan,2024
    Conflux continued its rapid expansion into the metaverse and Web3 space, focusing on integrating NFTs, gaming, and DeFi into a unified ecosystem. The network also added new features like tokenized assets and smart city solutions, particularly in Hong Kong and China.
  • May,2023
    Conflux began working on cross-chain interoperability by launching Layer 2 solutions for Bitcoin and Ethereum, enhancing its capability to serve as a multi-chain ecosystem. This allowed for seamless asset transfers between major blockchain networks.
  • Feb,2023
    Conflux collaborated with Hong Kong to explore the use of blockchain technology in the city’s financial and technological sectors. This included developing digital asset infrastructure and creating blockchain-based regulatory frameworks to promote Hong Kong as a global blockchain hub.
  • Oct,2022
    Conflux entered into a partnership with China Telecom to create blockchain-powered eSIM solutions. This project integrated Conflux’s blockchain with China Telecom’s infrastructure, aiming to bring secure, decentralized communication solutions to millions of mobile users.
  • Aug,2022
    Conflux released the v2.1.0-testnet upgrade, introducing key improvements to governance, storage, and RPC functions. Notably, on-chain DAO voting was added, allowing network participants to vote on reward parameters without requiring a hard fork.
Expand More
Scan QR Code to Explore more key information

Conflux Info

White paper
white paper
Website
confluxnetwork.org
Contracts
Explorers
confluxscan.io
bscscan.com
Community
Twitter
Telegram
Reddit
Source code
github.com
Sector
Layer1
First issue time
Oct 29, 2020
Significant Events
  • Jan,2024
    Conflux continued its rapid expansion into the metaverse and Web3 space, focusing on integrating NFTs, gaming, and DeFi into a unified ecosystem. The network also added new features like tokenized assets and smart city solutions, particularly in Hong Kong and China.
  • May,2023
    Conflux began working on cross-chain interoperability by launching Layer 2 solutions for Bitcoin and Ethereum, enhancing its capability to serve as a multi-chain ecosystem. This allowed for seamless asset transfers between major blockchain networks.
  • Feb,2023
    Conflux collaborated with Hong Kong to explore the use of blockchain technology in the city’s financial and technological sectors. This included developing digital asset infrastructure and creating blockchain-based regulatory frameworks to promote Hong Kong as a global blockchain hub.
  • Oct,2022
    Conflux entered into a partnership with China Telecom to create blockchain-powered eSIM solutions. This project integrated Conflux’s blockchain with China Telecom’s infrastructure, aiming to bring secure, decentralized communication solutions to millions of mobile users.
  • Aug,2022
    Conflux released the v2.1.0-testnet upgrade, introducing key improvements to governance, storage, and RPC functions. Notably, on-chain DAO voting was added, allowing network participants to vote on reward parameters without requiring a hard fork.
Expand More
Watermark

Conflux Team

Long Fan
Cofounder, CEO
Ming Wu
Co-Founder&CTO
Yuanjie Zhang
Co-Founder
Guang Yang
Chief Research Director
Dora Jiang
Global BD Lead
Watermark

Conflux Intro

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

As the only regulatory compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.

CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 10^18 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX.

Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees.CFX can be staked at any of the Staking Pools operated by the Conflux community.

As of 2024, Conflux continues to expand its role as a scalable and secure Layer 1 blockchain, with its hybrid Proof of Work (PoW) and Proof of Stake (PoS) consensus model. This hybrid approach, enhanced by the Tree-Graph algorithm, allows the network to process over 6,500 transactions per second, significantly faster than many traditional blockchains. By maintaining high throughput, Conflux ensures minimal congestion and low transaction fees, making it ideal for a wide range of decentralized applications (dApps), including DeFi, NFTs, and gaming.

A key milestone for Conflux in 2024 is its increasing regulatory compliance, particularly in China, where it remains the only public blockchain recognized by authorities. This compliance has opened doors to major collaborations with global brands like McDonald's China and regional governments such as the city of Shanghai. These partnerships support both blockchain and Metaverse initiatives, further positioning Conflux as a gateway for global projects looking to enter the Asian market.

Above are only for introduction, not intended as investment advice.

Conflux Unlock & Allocation
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Conflux Timeline

Ecosystem Fund 2B
Genesis Team 1.8B
Private Equity Investors 600.05M
Community Fund 399.94M
Foundation Holdings 200.02M

Conflux Token unlock

Unlocked: 94.61%(5.00b)
TBD locked: --
Total Locked: --
Untracked: 5.39%(285.00m)

Conflux Token allocation

Ecosystem Fund:40.00%(2.00b)
Genesis Team:36.00%(1.80b)
Private Equity Funders:12.00%(600.00m)
Community Fund:8.00%(400.00m)
Foundation Holdings:4.00%(200.00m)

Q&A about Conflux Tokenomics

Explore the tokenomics of Conflux (CFX) and review the project details below.


What is the allocation for Conflux (CFX)?

Conflux (CFX) is a layer-1 blockchain optimized for performance, facilitating the seamless deployment of smart contracts and DApps. The native currency of this ecosystem is CFX, serving transactional, staking, and governance purposes. With a total intended supply of 10 billion CFX tokens, the initial allocation was planned as:

- 40% is allocated to Ecological Fund

- 36% is allocated to Core team and Investor

- 16% is allocated to Private investors and reserves

- 8% is allocated to Community


What is the supply schedule for Conflux (CFX)?
With an initial total supply of 5 billion CFX, the schedule for distribution is as follows:

- 16% to private investors, unlock over 2 years.

- 36% to the team and investors, unlock over 4 years.

- 8% allocated as rewards for the community, distributed over 4 years.

- 40% allocated to Dapps to support the ecosystem, distributed over 4 years.

Furthermore, the CFX token has no maximum supply, and the inflation rate is 2.9% per year.

People also watch
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ETC$16.7 -THETA$0.738 -OSMO$0.2137 -FLR$0.01747 -APT$4.664 -CAKE$2.272 -

Conflux Price Live Data
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The live Conflux price today is $0.0743 USD with a 24-hour trading volume of 17,862,355 USD. We update our Conflux to USD price in real-time. Conflux is +0.95% in the last 24 hours. The current SoSoValue marketcap ranking is # 142, with a live market cap of $ 377,080,656 USD. It has a circulating supply of 5,075,109,777 CFX coins and a max supply of ∞ CFX coins.
Learn more about Conflux

Conflux In-depth Report Generated by AI - For further details, please review:

https://sosovalue.com/coins/conflux

1)What is conflux(CFX)?

Conflux (CFX) is a high-performance, layer 1 blockchain utilizing a combination of proof-of-work and proof-of-stake mechanisms. It's designed to enhance scalability, decentralization, and security for decentralized applications, e-commerce, and Web 3.0 infrastructure. In 2023, Conflux experienced a significant surge in value, with a 1600% price increase, attributed to expectations of growth in Chinese blockchain projects. Its market status, as of the latest data, shows a price of $0.113895 USD, a market cap of about $382.44 million USD, and a 24-hour trading volume of $8.84 million USD. Conflux's notable performance and its unique technological approach make it a key player in the blockchain field, particularly in China.

2)Which sector does conflux(CFX) belong to?

Conflux (CFX) belongs to the sector of public blockchain platforms, specifically focusing on supporting high-performance decentralized applications (dApps). It addresses limitations like slow transaction speeds, limited scalability, and high fees prevalent in existing blockchain networks. Conflux's novel Shanghai Tree-Graph consensus algorithm allows high throughput while maintaining decentralization and security, enabling parallel block generation that merges into a single chain. Moreover, it supports a range of smart contract languages, including Solidity, facilitating easy porting of dApps from Ethereum to Conflux Network. The current situation and development prospects of the blockchain sector, where Conflux operates, are marked by resilience and innovation in 2023. Despite setbacks in 2022, like the Terra ecosystem collapse and FTX bankruptcy, the blockchain tech space has seen significant developments. Key advancements include the launch of zero-knowledge rollups, which make blockchains more efficient by executing transactions off-chain, reducing gas fees and fixed costs, and ensuring secure and private transactions. Blockchain interoperability has also seen substantial improvements. Protocols are being developed to enable smart contracts across different blockchain networks to communicate and transfer liquidity, enhancing the connectivity between private and public blockchains. Additionally, the sector is witnessing efforts to bring more real-world assets on-chain through tokenization, potentially transforming assets like cash, gold, and real estate into collateral for decentralized finance (DeFi) protocols. In summary, Conflux is part of a dynamic and evolving blockchain sector that is focusing on improving transaction efficiency, enhancing interoperability, and integrating real-world assets into the blockchain ecosystem. These developments are set to shape the future of blockchain technology and its application across various industries.

3)What is tokenomics of conflux(CFX) (includes allocation and supply schedule)?

The tokenomics of Conflux (CFX) can be understood in terms of its distribution and total supply. The total supply of CFX tokens is 5,445,318,093. The distribution is designed to incentivize network participation and benefit long-term holders. Here's a breakdown of the allocation:

45% for the public sale, conducted in two stages. The first stage sold 500 million CFX tokens at $0.125 each, and the second stage sold 800 million CFX tokens at market-determined prices.

20% for the team and advisors, with a vesting schedule spread over several years.

15% for ecosystem development, including the creation of dApps, partnerships, and marketing activities.

12% for the foundation to support ongoing development, maintenance, and research activities.

8% for partnerships and marketing. As for the supply schedule, specific details on the unlock schedule or rate of token release over time were not readily available in the sources I accessed. This information is crucial for understanding the long-term dynamics of the token supply, as it can impact the market availability of tokens and potentially their value. For the most current and detailed information on the supply schedule, it might be best to refer directly to official Conflux Network sources or documents.

4)What about the team and the investors of conflux(CFX)?

Team Behind Conflux

Founding and Leadership: Conflux Network was founded by a team of researchers and developers from Tsinghua University in China and the University of Toronto in Canada. The notable figures in its establishment include Turing Award recipient Dr. Andrew Yao, who played a key role in its development in his research lab.

Core Team: The core leadership team comprises Fan Long, the founder and president of Tree-Graph Blockchain Research Institute, YuanJie Zhang, and Ming Wu, who are co-founders and chief technology officers. Other key figures include Andreas Veneris and Andreas Park, serving as advisers.

Founders: The official co-founders of Conflux Network are identified as Fan Long (CEO) and Xiaolong Wang (Chief Scientist). David Chow is also mentioned as a founder.

Team Composition: The core team is composed of a diverse group of professionals, including scientists, business managers, and researchers. Funding History

Seed Round: On December 4, 2018, Conflux raised $35 million in its seed funding round.

Series A Funding: The project's last funding type was a Series A round. However, the amount raised in this round is not specified in the sources.

Private Funding Rounds: Conflux had several private funding rounds, with notable raises including:

Private 1 Round: Raised $29.9 million at a price of $0.064 per token.

Private 2 Round: Raised $3.96 million at a price of $0.08 per token.

Private 3 Round: Raised $1.05 million at a price of $0.1 per token.

Recent Funding: As of March 1, 2023, Conflux raised an additional $10 million in a funding round.

Investors: Among the investors in Conflux, DWF Labs is highlighted, although specific details about their investment are not provided.

5)What is the development history of conflux(CFX)?

List all important events and milestones in the development process of conflux(CFX).

Origin and Founding (2018): Conflux originated in the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University. It was founded by researchers from the University of Toronto, led by Dr. Fan Long, aiming to address the shortcomings of existing blockchain technologies. The team developed a novel Tree-Graph consensus mechanism to tackle the 'blockchain trilemma' problem, optimizing security, scalability, and decentralization. In 2018, the Conflux Foundation was established, and a regulatory-compliant fundraise was completed.

Global Expansion: Conflux has expanded its operations globally, with a distributed team across four continents and offices in Toronto, Canada, and Lagos, Nigeria. The leadership comprises researchers and business leaders from top universities worldwide.

Mainnet Launch (2019): In 2019, Conflux launched its mainnet, developed in three phases. It became the first public blockchain in China to use a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanism.

Partnership with Little Red Book (January 2023): Conflux partnered with Little Red Book, the Chinese equivalent of Instagram, to provide NFT services to the platform's 200 million users. This partnership led to a 90% increase in CFX's price.

Blockchain-Based SIM Cards Development (February 2023): Conflux announced a partnership with China Telecom to develop blockchain-based SIM cards. The trial program is set to launch in Hong Kong and later in key locations in mainland China.

Market Performance (2023): In 2023, the price of CFX significantly increased, with a notable surge of nearly 1,335% year-to-date, reaching its highest level in 14 months.

Token Burn Proposal (2023): Ahead of a vote on a token burn proposal, the Conflux Foundation has already burned close to 500 million CFX.

6)What is the progress and future roadmap of conflux(CFX)?

As of 2023, Conflux (CFX) has made notable progress in its development. Two significant events stand out:

On February 15, 2023, Conflux announced a partnership with China Telecom to develop blockchain-based SIM cards. The trial program is expected to first launch in Hong Kong later this year, followed by key locations in mainland China such as Shanghai.

In late January 2023, Conflux partnered with Little Red Book, the Chinese equivalent of Instagram, to provide NFT services for the social media platform’s 200 million users. This partnership led to a 90% increase in the price of CFX. Unfortunately, I couldn't find detailed information regarding the specific future roadmap for Conflux (CFX) for the year 2023 or beyond during the search. This information might be available on the official Conflux website or through direct community engagement platforms but wasn't accessible within the scope of the search I conducted. To get the most accurate and comprehensive details about their future plans, I recommend checking the latest updates directly on Conflux's official channels.

7)List all important links related to conflux(CFX)

Conflux Network Official Website: This is the primary source of information about Conflux, including news, updates, and details about the technology and its ecosystem - Conflux Network

Conflux Ecosystem: For an understanding of the various projects, partners, and applications in the Conflux ecosystem - Ecosystem

Conflux News Feed: To stay updated with the latest news and announcements from Conflux - News Feed

Fluent Wallet: This is the official wallet for Conflux, where you can create a new wallet for managing CFX and other tokens on the Conflux network - Fluent Wallet

Tools and Tutorials: For developers and users interested in learning how to interact with the Conflux network, including SDKs, APIs, and other tools - Tools and Tutorials

Technology and Resources: Detailed documentation on Conflux's technology, including whitepapers, technical resources, and research - Technology and Resources

Grants Program: Information about the Conflux grants program, which supports projects and ideas that contribute to the Conflux ecosystem - Grants

Community and Development Resources: Links to join the Conflux Discord community, explore development documentation, apply for grants, run a node, or become an ambassador - Community and Development Resources

8)Bullishness index for conflux(CFX) from the perspective of token valuation and future potential.

Techopedia: Predicts a high of $0.1708 for CFX by the end of 2023, and an average price of $0.2255 in 2025. They suggest an average price of $0.1468 for 2023.

Sellix: Reports that as of March 6, 2023, Conflux was one of the best performing tokens with a price of $0.3132, reflecting a growth of +1328% in two months. The first 23 days of February saw a rise of +472%. This boom was attributed to strategic partnerships with Chinese telecommunications and media companies, such as China Telecom and Little Red Book. Conflux's success is seen in the context of the Chinese government's restrictive policies towards cryptocurrencies, making it a secure and reliable alternative for Chinese companies. However, there's an indication of price resistance which may lead to a consolidation phase before potential recovery.

Coincodex: Their current prediction is slightly bearish, foreseeing a drop of -7.27% to reach $0.138806 by December 5, 2023. They mention a "Bearish" current sentiment and a "Greed" level of 74 on the Fear & Greed Index. Conflux recorded 57% green days with a 4.67% price volatility over the last 30 days.

Investing.com: Presents a broad range of price predictions for CFX, from a low of $0.0550 to a high of $1.9116, suggesting the possibility of the price reaching above $2. The bearish market price prediction for 2023 is not specified.

CryptoNewsZ: Views the future of Conflux Network price optimistically due to upcoming collaborations and technological developments. They expect an average price of $0.29 for 2023, with a minimum of around $0.17 and a maximum of $0.41.

More Context from Sellix: They detail Conflux's performance history, noting that while it peaked at $1.75 in March 2021, it also experienced significant lows, reaching $0.022 per token in December. News events like partnerships have had a strong impact on its price. The price might stall at the $0.32/$0.33 area, with the possibility of a retracement phase, but optimistic estimates predict a rise of 132.17% by the end of the month, potentially reaching $0.685. In summary, while there is optimism about the future potential of Conflux, largely due to strategic partnerships and its unique position in the Chinese market, the predictions for its token valuation in 2023 are mixed, ranging from moderate gains to potential retracements. The diverse range of predictions reflects the volatile nature of the crypto market and the specific challenges and opportunities faced by Conflux.

Conflux
CFX
#142
$0.0743
+0.95%
Total dollar volume24H
$17,862,355
High24H
0.0772 USDT
Low24H
0.0732 USDT
Market Cap
#142$377,080,656
FDV
$419,647,772
Market Cap / FDV Ratio
0.90
Turnover rate
4.74%
Circulating supply
5,075,109,777
Total supply
5,648,018,460
Max supply
∞
All time high
1.85 USDT
All time high date
Mar 29, 2021
Down from All time high
-95.98%
Cycle low
0.0215 USDT
Cycle low date
Dec 29, 2022
Up from cycle low
245.58%
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Introduction

Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.

As the only regulatory compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.

CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 10^18 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX.

Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees.CFX can be staked at any of the Staking Pools operated by the Conflux community.

As of 2024, Conflux continues to expand its role as a scalable and secure Layer 1 blockchain, with its hybrid Proof of Work (PoW) and Proof of Stake (PoS) consensus model. This hybrid approach, enhanced by the Tree-Graph algorithm, allows the network to process over 6,500 transactions per second, significantly faster than many traditional blockchains. By maintaining high throughput, Conflux ensures minimal congestion and low transaction fees, making it ideal for a wide range of decentralized applications (dApps), including DeFi, NFTs, and gaming.

A key milestone for Conflux in 2024 is its increasing regulatory compliance, particularly in China, where it remains the only public blockchain recognized by authorities. This compliance has opened doors to major collaborations with global brands like McDonald's China and regional governments such as the city of Shanghai. These partnerships support both blockchain and Metaverse initiatives, further positioning Conflux as a gateway for global projects looking to enter the Asian market.

Above are only for introduction, not intended as investment advice.

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