Odaily:Analysis of Cocos-BCX,missing one in NFT HotSpot List

The concept of NFT has become a new round of growth in the blockchain industry.

According to DappRadar data, in the past 30 days, the top 12 NFT markets have generated more than US$480 million in transaction volume, and the long-simmering NFT boom was ignited at the beginning of the new year.

While the NFT concept coin currency has ATH, an “old project” has also ushered in growth-but the growth is still not much compared to other projects, and the potential is still full.

This project is Cocos-BCX.Zero commission listed on Binance, it interpreted a “star project” invested by 500 Startups, NGC, Binance Labs, etc.

Recent trends: COCOS CM price hits 1.45 USDT

Cocos-BCX ,next-generation game digital economy platform, whose token name is COCOS. The call auction launched Binance on the night of the slide, and it collapsed into the headlines of various media reports.

Then COCOS started a long-term downturn, and even once fluctuated very little like a stable coin. Until the end of 2020 and early 2021, Cocos-BCX announced the reduction of the total amount of COCOS (units), reducing the total amount from 100 billion to 100 million.

Since then, COCOS has started a splendid journey, or it can be said to be a link with the NFT sector, even if it has suffered unnecessarily slander such as “a certain mining founder was instantly cut by COCOS by 60 million”, during the New Year, CM price of a single COCOS rose to 1.45USDT.

Cocos-BCX launched a series of activities including Five Fortunes NFT collection, NFT blind box, NFT mining, whitelist airdrop, etc., and reached cooperation and joint promotional activities with BSC, DEGO, Math Wallet and others.

Take the Cocos-BCX Chinese New Year Five Fortunes NFT collection event as an example. A total of 9 people collected all five of Five Fortunes NFT and divided 8000 COCOS, and every winner received 888.88 COCOS. Calculated based on the draw date of average daily price equaled 0.52 USDT, which is approximately equal to 462 USDT for outdoor price.If you calculated based on 1.45 USDT at ATH, approximately you would get 1288 USDT, which means you got a free iPhone12Pro.

COCOS and DEGO took the first place in the trading volume of BSC during the New Year in one fell swoop, and now they are still the top ones.

In Binance101Talk, Cocos-BCX technical contributor Reed shared that Cocos-BCX will continue to create excellent NFT applications, and continue to try to NFTlize valuable off-chain assets to introduce more high-quality NFT assets standards.

According to insider’s sharing, Cocos-BCX will soon launch NFT-concept games and Layer2-concept games on BSC.

Basis: NFT+DeFi+Gamefi

When Cocos-BCX announced its 2021 plan, Cocos-BCX simultaneously updated an external profile.

The introduction does not change the positioning of the “next-generation game digital economy platform”, and emphasizes the accumulation of Cocos-BCX in the NFT field (BCX-NHAS-1808 non-homogeneous digital asset standard) and DeFi field (LP’s NFTization, etc.), and Explains the reasons why Cocos-BCX chose to embrace the Ethereum ecology and the BSC ecology:

“With the development of the blockchain industry, the ecological scope of the blockchain has covered many fields such as finance, games, art, supply chain, traceability, etc., but the ecological cluster is still led by the Ethereum ecology, and the Ethereum ecology derives the Binance smart chain ecology. (BSC) is also prosperous under the dominance of entities such as Binance.

Based on the judgment that among different types of decentralized applications, games are one of the scenarios with the most mature production model, the highest degree of commercialization, and the deepest developer and user base, Cocos-BCX will adhere to the positioning of the next-generation game digital economy platform and embrace the most prosperous Ethereum ecology in the current blockchain game ecology.

In the past accumulation, the BCX-NHAS-1808 (COCOS-1808) non-homogeneous digital asset standard initiated and maintained by Cocos-BCX and the blacksmith shop (supporting NFT casting, decomposition, etc.) and other features can fully support such as ChinaJoyPlus, etc. The ticket demand for the event and the NFTlization of DeFi product LP assets.

In 2021, Cocos-BCX will embrace the Ethereum ecosystem. And Binance Smart Chain is the most dynamic Ethereum side chain. We will first build NFT as the main cooperation content in BSC, build NFT+DeFi+ chain game ecology in BSC, and combine various forms such as blind box, mining, airdrop, etc. and facilitate the flow and exchange of assets in multiple fields.

Cocos-BCX further expands and improves the functions of NFT in terms of ownership, empowerment, and transaction in the Ethereum ecosystem, and promotes the further large-scale application of NFT. “

Other accumulation: Provide 1.2 million NFT tickets for ChinaJoyPlus, etc.

Expansion of the NFT accumulation of Cocos-BCX since the beginning of the self-establishment project, Cocos-BCX proposed and maintained the BCX-NHAS-1808 non-homogeneous digital asset standard. Last year, relying on this standard, it cooperated with ChinaJoy and provided 1.2 million for ChinaJoyPlus. NFT tickets have made practical efforts for the landing of NFT.

Meanwhile, Cocos-BCX is also set as an example of blockchain games in Tencent Research Institute’s “Industrial Blockchain”. The concepts such as “Blacksmith Shop” proposed by Cocos-BCX can help the game return to its nature.

In response to this wave of NFT boom, Litecoin founder Qiwei Li said that there are many similarities among the NFT in 2021, the 1CO in 2017 and the altcoin in 2013.

Among these similarities, one of them is that “most of them don’t have value”, and Cocos-BCX, which already has a series of value accumulation, may no longer worry about this.

Insider Sharing: Connection with the Cocos engine, one of the world’s three major engines

Cocos-BCX’s becoming a ‘star project’ has a certain connection with its “background”, that is, some of the Cocos-BCX team members who were born in the Cocos engine, one of the world’s three largest game engines.

According to the introduction of the Cocos engine, Cocos currently has 1.4 million registered developers and 300,000 monthly active developers worldwide, covering more than 1.1 billion players’ devices in more than 203 countries and regions around the world. Games developed with the Cocos engine cover all categories in the market, accounting for 45% of the mobile game market in China and 30% of the global market.

Also the Cocos engine is not yet on the market. Unity, which is also one of the three major engines in the world, has a market value of US$26.073 billion. The Cocos engine has a lot of room for imagination.

According to the relationship between the Cocos engine and major IPs, if NFT is also an industry related to IP (similar to NBA Top Shot), then Cocos-BCX is likely to obtain cooperation through this relationship…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Cocos-BCX

Cocos-BCX

A DAO for future Metaverse with decentralization technology and MetaFi. NFT, GameFi, IGO and more. Website: cocosbcx.io