Bong Swi Hoo: COCOS

Cocos BCX

Project Background

Blockchain Ecosystem and Digital Assets Ar e One of the Economic Development Dir ections with a Value Base

Since 2019, discussions on blockchains and digital currencies have gradually expanded from technology to economics, sociology, politics and many other sectors. The public are more concerned about the impact of blockchain on social development and the role of digital currency in world economic activities. Under the circumstances of bottlenecks in global technological progress, rising resource consumption, an aging population, and increased geopolitical conflicts, the government-led approach to productivity in some regions or industries is likely to change. The corresponding monetary system may also change from “government - fiat currency” to “non-government productivity organizers - multiple consensus currency”. We believe that the decentralized social forms based on blockchain technology and economic mechanism will be the outcome of production order transformation in some regions, populations and industries in some period of the future, which is the value base for the blockchain economics and the existence of digital currencies.

Compared with traditional physical assets, digital assets are more vital due to the blockchain mechanism. In the digital economy, people are the absolute dominant factor of productivity. While the production, use and distribution of digital assets can form a closed loop on the blockchain, which is more independent of the centralized resource allocator. On the other hand, the decentralized digital content can be maintained in a single or multiple blockchain ecosystems(s), and be publicly and fairly priced, thus becoming a truly “digital asset” with independent property rights, and creating new business models and social values.

Among the various types of decentralized applications, game is one of those fields with the most mature development model, highest rate of commercialization, and broadest base of developers and users. In the first phase of this project, our goal is to conduct R&D to solve existing problems in the field of blockchain games

Problems Expected to be Solved by Cocos-BCX

Our goal is to provide an improved and easy-to-use blockchain gaming infrastructure for game developers, including a visualized development kit and an on-chain ecosystem. Developers can develop blockchain games directly in a graphical way without the need to solve any blockchain technical problems, which greatly lowers the barriers and raises the efficiency.

Our aim is to provide game players a just, fair and open game environment with transparent data and clear rules, which is free from item drops caused by behind-the-scenes manipulations and revulsive consumption, enabling players to save their assets in a permanent, secure and decentralized way.

At the same time, we hope to help developers and players ensure a consistent benefit for developers through the economic model of digital assets supported by blockchain technology: To help the developers assetize the contents they produce for sustainable earnings from the use, management and circulation of the content assets, and provide convenient and decentralized channels for game distribution; To help players convert the data generated by the time and energy they spend and items obtained through consumption into assets that can be safely stored, managed and circulated, giving players the rights to commercialize them

TOKEN SALE:

Ticker: COCOS

Token type: ERC20

ICO Token Price: 1 COCOS = 0.0023 USD

Fundraising Goal: $3,670,000

Total Tokens: 100,000,000,000

Available for Token Sale: 16.1%

Information

https://www.cocosbcx.io/

https://www.cocosbcx.io/static/Whitepaper_en.pdf

https://discord.com/invite/jdJMNtC

https://medium.com/cocosbcx