【Coco’s Class】COCOS≥NFT+DeFi+DApp new format of “DApp”

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Hello,everyone. This is Coco, long time no see.I’m here to update Coco’s class again~

Recently,Cocos-BCX launched the theme of “COCOS≥NFT+DeFi+DApp new format”.Obviously, the game public chain Cocos-BCX does not only focus on the temporary popularity of DeFi sector, but also will lay out on the prosperous ecological DApp, DeFi that drives the market, and everyone is discussing whether it will relay DeFi’s NFT.

Cocos-BCX launched the purpose of “COCOS≥NFT+DeFi+DApp New Pattern”. So what are DApp, DeFi and NFT, what are the characteristics and advantages, and how is Cocos-BCX’s layout and development in these three sectors? Next, I will introduce to you one by one. Today we first introduce the basic situation of DApp.

1. What is DApp

DAPP (Decentralized Application) means decentralized application or distributed application. DApp is a variety of distributed applications derived from the underlying blockchain platform ecology, and is also a basic service provider in the blockchain world. DApp is to the blockchain, just like App is to IOS and Android.

2. DApp features

  • The application data is distributed and stored in all nodes of the blockchain;
  • Benefit from the characteristics of the blockchain, the application data is open and transparent and cannot be tampered with;
  • The logic of the application is implemented using smart contracts and deployed on the blockchain.

3. DApp has the following advantages over App

  • The smart contract on the DApp is automatically executed to realize decentralized transactions and can remove the middle price;
  • The biggest hidden danger of App is privacy leakage. User information on DApp is safely stored and privacy is protected;
  • DApp runs on a distributed network to ensure that the data is not tampered with and to ensure authenticity.

Let’s take the game as an example, suppose that App represents traditional games and DApp represents blockchain games. The core difference is:

  • The rules and logic of traditional games are formulated by manufacturers and run on centralized servers, and manufacturers can modify the upgrade rules at any time; on the contrary, the rules of blockchain games are defined and deployed on the blockchain through smart contracts, and the rules are open. Transparent and cannot be tampered with;
  • The props and game tokens of traditional games are issued under the control of the manufacturer, with absolute control, and can even unilaterally recover the player’s in-game assets; conversely, the props and tokens of blockchain games are completely transparent through smart contracts. Game assets are mapped to Tokens on the blockchain. The ownership of the assets is fully owned by the players and can be transferred and traded. The manufacturer has no right to control;

4.Commonly used DApp platforms

  • DappReview: https://www.dapp.review
  • DappRadar: https://dappradar.com/
  • SpiderStore: https://www.spider.store/
  • Dapp.com: https://www.dapp.com
  • State of the Dapps: https://www.stateofthedapps.com/

5. Cocos-BCX DApp

  • Game category:

Staking mode’s idle category “Crypto Knights”, strategy battle RPG category “Monster World”, relaxed leisure category “Panda Games”, idle card category “Dragon Must Die”, casual shooting category “Go Block”, quiz category “ “Cocoa for Coins”, “Pokemon Master 3D” in the category of catching pets, “Cocos Shooting” in the flight shooting category and “Snake in the casual sports category”

Experience entrance: Download the official CocosWallet mobile wallet to experience.

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  • Comprehensive tools

CocosABC browser, CcocosTerminal, ChainIDE, COCOS rich list, COCOS development assistant and gas collection tool

Experience entrance: https://www.cocosbcx.io/product

  • Wallet

CocosWallet, CocosPay, DAPPX, Bitpie

Experience entrance: https://www.cocosbcx.io/product

  • Information

IMCOCOS, HiCOCOS, COCOS Wikipedia

IMCOCOS, HiCOCOS, COCOS Wikipedia

Experience entrance: https://www.cocosbcx.io/product

  • Airdrop category:

Bounty

Experience entrance: https://www.cocosbcx.io/product

In next class , I will introduce the development of NFT and the game public chain Cocos-BCX in the NFT sector to you . Please remember to watch it.

About Cocos-BCX

Next-Gen Digital Game Economy. Game engine, IDE and blockchain for decentralized game development. Website: cocosbcx.io

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