New globalization development trends,New configuration by Amanda

Coke: Hello everyone, good evening, I am the host Coke!

Welcome to the Cocos-BCX [Series NO. 5] AMA community live sharing. This is the first time we have conducted an AMA live broadcast on the Cocos-BCX official Chinese Telegram group. Thank you very much for your participation!

From 20:30 to 21:30 on November 26th,2020(UTC+8), I will conduct an AMA on behalf of the community with Amanda, our new operation supervisor. Amanda will share her own ideas about the Cocos-BCX official WeChat community migration and the latest project planning.

First of all, please allow me to introduce Amanda to everyone:

Our new Cocos-BCX operations supervisor, Amanda,graduated from the University of Toronto MBA programme ranked №1 in Canada and ranked №18 in the world. She has more than 8 years of technology entrepreneurship and investment experience, and has co-founded several China’s leading social network companies.As an investor, she used to work for an official Canadian private equity fund, led and participated in a number of investment projects with a fair amount of money. Also participated in several blockchain projects deeply.She is proficient in English, Spanish, and has a good understanding on Chinese as well,meanwhile, the large number of excellent localized resources in overseas circles is a shining point.

So,the introduction part is almost done, let’s have Amanda now~~

Amanda: Good evening ,everyone. Thank you for taking the time to participate in our [Series NO.5 AMA] tonight. I hope everyone will get your questions a bit settled by my sharing.

Now, please allow me to officially start sharing today’s content. If you have any questions, please feel free to consult after AMA.

I believe most of you have already realized that,recently, we have been super active in our official Chinese Telegram group of Cocos-BCX, and as most users entered,many of them are loyal fans from the WeChat community. These fans have been with us for nearly two years. With the number of projects increases from 0 to 1, the number of WeChat official community groups increases from 0 to 50+, the number of users increases from 0 to 20,000+, and the number of our admins increases from small to large, like Kerr,COCO and Coke, etc .These are community users who have accompanied,supported and helped us all the way along .So here we would like to show our sincere appreciation to everyone’s efforts and time.

However, the official WeChat community of Cocos-BCX has undergone for almost two years on development, and the number of communities and groups is relatively large. In order to better provide professional services to users and further to complete the globalization of Cocos-BCX project, all our wechat admins will devote full time to the telegram group instead. Hopefully,our official WeChat community will gradually migrate to the Telegram group. In order to adapt to the possibility of various forced majeure and the unity of the community, the WeChat community will be dissolved no later than 14:00 on December 1st,2020(UTC+8).

Please move to the Cocos-BCX official Chinese Telegram group as soon as possible. If you have any concerns, please feel free to consult and discuss in the group.

BiYong: https://0.plus/#/CocosBCX (no VPN required)

Telegram (Chinese): https://t.me/CocosBCX

If you have any concerns, please contact our admins @ cocosbcx03 or cocosbcx02 or Telegram account @AmandagooCocosBCX

The Chinese Telegram group will have various airdrop activities waiting for you!

The development of the project is a long-term process, and achieving international development is also one of our pursuit goals. We all attach great importance to community users both in China and Oversea.In the process of project development, we need to constantly consider potential risks and improve service specialization. In the blockchain industry, Telegram social networking is also an indispensable communication tool for everyone. I believe everyone has used it before,so we chose to migrate to Telegram this time.It is also taking advantage of the trend. Our customer admins are serving everyone in the Chinese and English communities, as well as in communities of various languages. You can still contact us at any time.

In the future, our admins will still be the same. Xiaoke, Coco, Kerr and Coke would still be same feeling to everyone. We just changed a place to communicate. We will still send benefits to everyone on major festivals; the first time we synchronize the official Information; share industry trends with everyone the first time; in spare time, we can still chat about jokes.In the telegram group, we don’t have to think about sensitive topics, I hope you all have fun in the future!

Having said so much, I hope to get everyone’s support. I believe we are in a correct direction!

By the way, enter the Cocos-BCX official Chinese Telegram group at 14:00 on December 1st,2020(UTC+8)and send the keyword “COCOS” and register to get 888COCOS. It’s a welcome prize from COCOS for everyone, please remember to participate at that time.

Coke: Amanda has explained a lot about the WeChat migration. I believe everyone is already very clear about the reason. After nearly 20 days of communication and understanding, I believe the users of Telegram still feel good.

Next, please continue your sharing,Amanda.

Amanda: Okay, thank you Coke! Then I will continue to share one thing that everyone has been more concerned about.

In the past every AMA, there was always someone asking a question whether COCOS will be repurchased and destroyed. I believe that this is closely related to your own interests, so that’s why l have been asked every time.Of course, the more frequently mentioned questions, the more important it is.Everyone should pay attention to and think about it seriously. In the past year, our team has been thinking and discussing this issue whether it is really necessary to comply with the needs of the community and implement repurchase and destruction.What was the purpose of setting 100 billion at the time, and it will be like this after it is destroyed, what will happen if it is not

I believe yesterday we got a good answer for that.The announcement of Cocos-BCX on the reduction of COCOS total,reduction from 100 billion to 100 million,and it is expected that the COCOS total reduction proposal will be completed no later than December 14th, 2020.

I will give you an example to make it easy for you to understand:

Originally held 30000.00000 COCOS under the name of account A, the record method of this account in the chain database is: {amount:3000000000, precision:5}; when the system adjusts the precision, adjust the global precision field corresponding to COCOS to 8. The asset data record held by account A becomes: {amount:3000000000, precision:8}, and the final expression value of the asset becomes 30.00000000 COCOS.

For Cocos-BCX MainNet core assets reduction and impact assessment,please kindly check the link below for more details:

https://shimo.im/docs/6T6MbWPEKRo6ZCH4/

In addition, recently Cocos-BCX is also researching to expand the ecology to more mature chains, such as ETH, BSC and Polkadot. You can look forward to the specific implementation.Users who are interested in this can communicate a lot in the telegram group.

Here is my sharing regrading to the community relocation and project progress.

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