Decentralized Gaming And Creating Opportunities Through Cocos-BCX For Game Lovers

bukabash (37)in #cocos • last year

Introduction

On the creation of games, players and game creators frequently disagree. For instance, despite extravagant claims of free gaming in many modern mobile games, gamers often become disillusioned when they discover that they cannot advance in levels without making in-game purchases. Since they collaborate as a community to decide how to develop games, developers and end users gain from using blockchain technology to create games. To close the gap between game developers and gamers and offer players control, Cocos-BCX entirely focuses on this blockchain benefit.

What is the Cocos-BCX platform?

Cocos-BCX, also known as Cocos Blockchain Expedition, is a distributed GameFi-authorized platform that is working towards a goal of admitting a large number of developers into a fair and open crypto world through gaming. This will be done via investment, GameFi incubation, IGO and community, etc.

The future plan of Cocos-BCX

The Cocos-BCX platform will first release IGO, which will be used to fundraise for the designers of Cocos-BCX games.
The next development in sight would be the construction of the gaming circle where the creators and gamers will meet to share their different interests.
Developers will also have a fundraising agreement, created by Cocos-BCX to donate for them when needed. They also have the authority to create a game community on Cocos-BCX where the developers and camera can meet and interact when they launch their project.

Features of Cocos-BCX

Cocos-BCX is the first exclusively-sponsored project to be listed on the popular crypto exchange, Binance. It uses a multichain game mechanism that assists dApps.
Other than benefitting the creators through its easy game creation feature, there are also notable benefits for gamers as well.

Membership
The initial phase of Cocos-BCX will feature only 5,000 membership slots, which will be secured with the COCOS, specifically at 10 COCOS for a start.
The cost of membership will gradually increase with an increase of 100 new members each time.

For example, if you are the 99th member, you will be paying 10 COCOS, but if you're the 100th member, you'll be paying 12 COCOS. If you happen to be the 5,000th member, you'll be paying 110 COCOS.
There are four membership stages by Cocos-BCX, and these stages will be classified based on the level of computing level, which are equally important when engaging in Cocos-BCX's IGO projects.
The higher your computing strength, the higher your chance at winning.
However, users can upgrade their computing strength, and subsequently membership phase through two ways;
Inviting people to the gaming project and by pledging COCOS.

IGO projects
This IGO system, employed by Cocos-BCX to facilitate the fundraising exercise for game advancement. IGOs was created in a way to benefit investors who put money into in-game resources. IGO's gaming launchpad will carry this out through a means of crowdfunding.
The first successful IGO project on Cocos-BCX was Tap Fantasy which ran from 5th of January to 10th of January 2022.
Extra token releases were done monthly for 11 months. Users that were interested in this IGO had to sign up for a Cocos-BCX membership, stake their COCOS or NFTs, and purchase the IGO lottery shares.
Once the IGO was a success, users could now access their lottery results.

Blind box
Users at Cocos-BCX can obtain NFTs through an entertaining way; Blind box. Only members of the platform, approved as Whitelist members can open these NFT Blind boxes, and only 50,000 users can be a part of the Whitelist.
These NFT Blind boxes are said to have Five Fortunes NFTs, and as soon this stage is set, the Blind box will begin offering Bull Bull Series NFTs.

Staking
Users who pledge with COCOS will be rewarded with dividends, which will be calculated depending on their computing strength. The higher your computing strength, the higher the share of dividends you obtain.
There are two types of staking available in this platform; NFTs staking and COCOS staking.
Users who want to engage in NFTs staking will need to mint COCOS into NFT for 30 days. After the lock period, they can turn their NFT back into COCOS.
If they engage in COCOS staking, they can easily stake COCOS live, and pledge or withdraw their staked tokens at any time.
A plus to NFT staking on Cocos-BCX is that it can raise your staking strength, and will see you receiving 1.8 computing strength per 1.1 staked COCOS.
On the other hand, if a user stakes COCOS, first-hand, 1 COCOS = 1 computing power