What Is a Cocos-BCX (COCOS)?
COCOS-BCX (COCOS) is a gaming platform where BCX stands for BlockChain Expedition. The platform intends to create a game development environment for game creators, using the platform's game engine, environment, and blockchain technology.
The platform seeks to provide users products such as the following:
Membership - Cocos-BCX (COCOS) seeks to provide a membership to the users to take part in GameFi projects. Membership is in a restricted count, and it is directly related to the platform as users with membership only can get the chance to be a part of any new projects launched on the platform. To acquire the membership, users need to attain COCOS (COCOS), the platform's utility token.
IGO - Cocos-BCX (COCOS) intends to provide an IGO (initial game offering) for fundraising to help the platform's developers secure capitalization for the platform’s growth. Post this, the platform aims to emphasize new gaming experiences for players. To keep both the developers and game players engaged and connected, Cocos-BCX (COCOS) seeks to provide a quadratic fundraising protocol that establishes a bond between both developers and players and allows them to interact. In addition, to run or launch all projects in IGO, a high level of computing power is used. The computing power generates the winning probability of a chance for any member to participate in IGO. If a member has higher computing power, the winning probability also is higher. So, in two ways, users can improve computing power – one is by inviting new members using referrals, and another is staking of COCOS (COCOS) NFTs.
Staking - The platform seeks to allow user staking in the form of NFTs, which further get locked for a particular time.
The platform's token COCOS is the platform's fuel. The token is an ERC20/BEP20-type token and follows the same rules. The token is useful in making transaction fees on the platform. The token uses DPoS consensus to verify transactions while staking. The staking of COCOS (COCOS) tokens provides the users with the platform's governance rights.
History of the Cocos-BCX (COCOS) Token
The maximum total supply of the token COCOS is 100,000,000 COCOS.
