COCOS Token Reduction Plan Annoucement

According to the negotiation and communication with exchanges, wallets, and DApps, Cocos-BCX will start on COCOS Token reduction plan at 11:00 on January 19th, 2021, (UTC +8) and it is expected to complete the reduction plan on January 21st,2021.COCOS deposit and withdraw services will be temporarily suspended during the execution of the reduction plan.

The total amount of COCOS will be reduced from 100,000,000,000 (one hundred billion) to 100,000,000 (one hundred million), and the total amount of COCOS held by users (units) will also be reduced accordingly.

In this case, the reduction amount on users’ MainNet COCOS will be automatically completed;

For users who hold ERC-20 COCOS, the ERC-20 COCOS contract will stop and activate a brand new contract address: 0xc4c7ea4fab34bd9fb9a5e1b1a98df76e26e6407c. Cocos-BCX will airdrop new COCOS Token directly to the address. (Only supports original addresses with a minimum of 10,000 COCOS)

We appreciate every user’s care for Cocos-BCX, we will strictly abide by the security protocol to complete this total reduction plan of COCOS Token.

Cocos-BCX is the next-generation game digital economy platform. Since its establishment in 2017, Cocos-BCX has been developing steadily for three years. During these past three years, Cocos-BCX has provided complete game development tools and is equipped with a complete public chain ecosystem,what’s more,it is committed to building a more friendly and convenient blockchain technology application solution in the game field.

Cocos-BCX is also the proponent and main maintainer of the BCX-NHAS-1808 (COCOS-1808) non-homogeneous digital asset standard. In the summer of 2020, Cocos-BCX provided ChinaJoyPlus with 1.2 million NFT tickets.Those NFT tickets are based on the BCX-NHAS-1808 non-homogeneous digital asset standard. Cocos-BCX is actually bringing practical solutions to the industry and users.

Meanwhile,Cocos-BCX has been promoting NFT to improve the description on “structure”, and helps NFT to describe something by “structure”-LP in CroSwap in Cocos-BCX ecosystem,which can be synthesized or decomposed to offer LP more descriptive and expandable characters, based on this, DeFi and NFT will also have more imagination and create more roles of gameplay.

At the end of 2020 and the beginning of 2021, Cocos-BCX won three awards of “Annual Most Influential Public Chain””Annual Blockchain Top 100 Enterprises” and “Annual Innovative Technology Award”in the global solicitation activity for “Create with Time•2020 Top Awards List Collection” hosted by Jinse Finance.Also Cocos-BCX honorly won the award of “Most Popular Project in the community” in the 2020 FAT list selection activity organized by Daily Planet.

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