What is Cocos-BCX (COCOS)?

Cocos-BCX is a blockchain game development platform that aims to bridge more creators into the crypto world through incubation, investment, distribution, and the creation of IGOs and communities. It seeks to bring high-quality projects to the community’s users constantly. Cocos-BCX will provide a hosting system and incubation for blockchain game developers, an investment tool for game players, a distribution platform for projects, and a global community of gamers. As a result, the platform aims to create sort of an ICO structure that helps blockchain games flourish globally.

Developers can now easily migrate conventional games to the blockchain without the need to learn blockchain programming languages. These new games will have all the benefits of decentralization on these platforms, including transparency and fairness. Game players will be able to invest in these games through the IGO system and earn dividends from their investment activities.

In order to bring more game developers into the blockchain space, Cocos-BCX will create a platform for these developers where it provides all programming tools and leads projects for the market. The project will provide an open marketplace for players and users to sell any non-fungible token (NFT) in the gaming ecosystem.

COCOS is the native token for the Cocos-BCX ecosystem, which is used as a currency of payment on this platform. It also serves as an investment tool in the IGO system which allows players to earn dividends from their investment activities on these platforms. Hence, it aims to become one of the most important value cryptocurrencies in the gaming world and bring more users into the crypto gaming space.


Who Are the Founders of Cocos-BCX (COCOS)?

Chen Haozhi is the Founder of Chukong Technologies, the mother company of Cocos-BCX. The company has also developed other popular games including Fishing Joy series, Legend of Qin, SPACE HUNTER, etc.

Cocos-BCX is the major product of Chukong Technologies and has attracted over 1.3 million registered developers in over 200 countries worldwide. Their vision is to create an environment for developers to help them quickly adapt to blockchain games without having to change the process and technology system.


What is Cocos-BCX (COCOS) used for? 

The platform provides developer tools to help game creators or developers launch their projects easily. The main benefit of this is that developers will gain an efficient platform with high customizability of features that helps them develop games using blockchain technology faster and efficiently without having to learn blockchain programming languages.

The project also provides an all-in-one marketplace where users can buy and sell NFTs (non-fungible tokens) in the gaming world.

COCOS is the native token of the Cocos-BCX ecosystem. It is used as a means of payment by developers and serves as an investment tool where players can utilize it to earn dividends from their investment activities on these platforms.


What Is the Unique Point of Cocos-BCX (COCOS)?

Cocos-BCX has its own unique point, which is that it aims to facilitate the development of blockchain games by helping game developers and creative teams launch their projects easily. It also helps them develop games quickly through its modular system as well as a feature interface to help them make modifications to the platform easily. Here are some other unique features of Cocos-BCX:

* It has a stand-alone public blockchain- CocosChain- which employs a delegated Proof-of-Stake (DPoS) consensus method in which active nodes share the probability of generating a block to maintain fairness and consistency.

* No programming knowledge is required for games to be launched on the platform.

* It provides an exchange gateway for both heterogeneous and homogeneous assets, allowing for cross-chain transactions.

* It creates a decentralized IGO system and provides incentives for token developers in the gaming world.

* It creates a voting governance system whereby players could choose what features or projects they would like to be included in the ecosystem.


How Many COCOS-BCX (COCOS) Coins Are There in Circulation?

Cocos-BCX has a circulating supply of 42,015,868 COCOS tokens and a maximum supply of 100,000,000 COCOS.


How Is the COCOS-BCX Network Secured?

COCOS-BCX adopts the Delegated Proof-of-Stake (DPoS) consensus mechanism as part of its stand-alone blockchain network. Its system also employs a set of state-of-the-art sharding techniques that allows for an increase in transaction throughput and secure transactions.

COCOS-BCX employs 5 guidelines to secure its network from third parties or malicious actors.

* Data is dynamically encrypted using block height, timestamps, and another noise is broadcast.

* Prevention of unknown or self-identified nodes from joining the network.

* Hiding the process variables in a single contract operation that runs in node RAM and just outputs the outcomes.

 * Verifying the contract callers’ identification and permission.

* Contracts are executed in a Trusted Execution Environment where block producers and developers are not permitted to operate.


How do I buy COCOS-BCX (COCOS) coins?

You can buy COCOS tokens through a variety of cryptocurrency exchanges such as Binance, DigiFinex, Phemex, BingX, and Gate.io.


Which Cryptocurrency Wallet Supports COCOS-BCX (COCOS)?

The PTPWallet platform supports many cryptocurrencies simultaneously, such as COCOS-BCX (COCOS). Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their COCOS wallet because it offers a simple and interactive interface, making it easy for people to navigate its system.

Facebook
Twitter
LinkedIn
WhatsApp
Telegram
Reddit

More to explore

IMX

What is Immutable X (IMX)?

Immutable X is a layer-2 blockchain project aiming to provide a scaling solution for NFTs and other projects on the Ethereum network.

Highstreet crypto token

What is Highstreet (HIGH)?

With the rise in popularity of NFTs, many brands are further tapping into the on-chain industry — Adidas with their very own

Hifi Finance crypto token

What is Hifi Finance (MFT)?

Hifi protocol is a decentralized platform that allows users to borrow assets against their crypto. Formerly known as Mainframe, HiFi aims to

Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time. 


Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time.