The Cocos platform defines itself as a next-generation digital game economy platform. Officially known as “Cocos BlockChain Expedition” or Cocos-BCX, this platform aims to provide developers with ease and completeness in game development, while promising users a new gaming experience and an unprecedented gaming scenario.
Cocos-BCX is a public blockchain platform that aims to facilitate and enhance the gaming ecosystem for both developers and users. It aims to create a comprehensive working environment for games with its multi-game system compatibility. Additionally, Cocos-BCX aims to provide users with full control and transparency over in-game digital assets.
Cocos aims to provide a new gaming experience with a four-stage approach. This experience starts with the use of interchangeable tokens in the in-game economy and culminates in a complete transition to the blockchain. Additionally, Cocos-BCX has a live programmable main chain based on the Delegated Proof-of-Stake (DPoS) consensus mechanism.
COCOS is the native asset of the Cocos-BCX blockchain, used to pay transaction fees and can be staked to participate in the DPoS consensus and underlying blockchain governance.
Developers can create game economy infrastructures such as non-fungible token (NFT) exchanges, pawn shops, and banks using functions and components provided by Cocos-BCX or third-party teams. As a result, Cocos-BCX aims to offer players “more games” and enable better management of players’ digital assets.