Cocos is Revolutionizing Gaming (Again) with Cocos-BCX

Launched in November 2017 by the founding team behind Cocos2D-x, one of the world’s largest open-source game development platforms behind hit games like Badlands, Fight!, and Clash of Kings, Cocos-BCX is a platform for developing, operating, managing and exchanging decentralized applications (“dApps”) and in app digital assets (“dAssets”) on the blockchain. Cocos-BCX includes a software framework for multisystem, multi-blockchain application development, a visual script based and data-oriented IDE for DApps and in app asset production, and CocosChain, customized for supporting digital asset transfer, game economic models on the blockchain, with cross-chain interoperability.

For anyone familiar with the world of online gaming, Cocos is synonymous with the world’s most popular game development tools and some of the most recognizable viral games. Since 2009, 1.3 million developers registered on Cocos community, while 3 million developers are estimated to have used the Cocos gaming engine. The ad network arm of Cocos covers 14 million daily active users and 605 million devices globally.
With Cocos-BCX, the team is planning to transform the business model of gaming from fee-based to asset-based and help balance the goals of digital asset appreciation versus using pay to play models with a blockchain gaming model that is without equal.

The key functionalities and features of Cocos-BCX, such as high system response and trustable randomness, are essential to creating successful blockchain games. To fulfill these requirements, Cocos-BCX incorporates multiple solutions to increase system efficiency, and three different randomness methodologies. These critical elements have been implemented successfully in Orion Shooting and Happy Fruit on Cocos-BCX. In Orion Shooting, the algorithm for the lucky draw system is fully executed by contract. Records such as player interaction and lucky draw can all be validated and viewed in the blockchain browser in real-time.

In August 2018, Cocos-BCX introduced NHAS-1808, a non-homogenous digital asset standard, improving existing NFT standards and makes industry level game development possible on the blockchain. In October 2018, Cocos-BCX further improved the NHAS-1808 standard, supporting new business models, such as asset leasing, collateralization, and mortgage. Today, NHAS-1808 standard has become a widely recognized non-homogenous digital asset standard in blockchain gaming. Cocos-BCX has already established ongoing collaboration with multiple public blockchains to jointly build a digital asset circulation network, and further promote the NHAS-1808 standard. Cocos-BCX has received strategic investment from leading institutions, including Binance Labs, NEO Global Capital, 500 Startups, and more, and has been closely working with industry partners such as HelloEOS, SlowMist Tech, Nebulas, Loom, IMEOS.ONE, to name just a few.

The Cocos-BCX testnet is currently live and expectations are high for the open-source, all-platform game development model that has attracted the attention and involvement of the leading developers in the online gaming space.

“Cocos-BCX is committed to supporting the innovation of technology and business models in blockchain gaming, by building the digital asset standards and a best-in-class digital game economy system,” explains Haozhi Chen, co-founder and CEO of Cocos-BCX and founder of Chukong Technology, “Cocos-BCX not only makes blockchain game development much easier, but also empowers the game industry. With our innovative infrastructure and business models, Cocos-BCX significantly lowers the barrier of entry for blockchain gaming. Cocos-BCX will bring industry opportunities and prosperity while driving forward the development of blockchain-based gaming.”

Official website: http://www.cocosbcx.io/en/
Telegram: https://t.me/cocosblockchainexpedition
Twitter: https://twitter.com/cocosbcx
Reddit: https://www.reddit.com/r/cocosbcx/
Discord: https://discord.gg/jdJMNtC