CDS CDS Wiki Investing in Cocos Crypto: What You Need to Know Before Jumping into the Market
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Investing in Cocos Crypto: What You Need to Know Before Jumping into the Market

The Cocos-BCX blockchain operates on the Ethereum platform and employs the Proof-of-Stake consensus mechanism. It offers scalability and security features that are well-suited for gaming applications.

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Investing In Cocos Crypto: What You Need To Know Before Jumping Into The Market 33472

Investing in Cocos Crypto: What You Need to Know Before Jumping into the Market

Cocos-BCX (COCOS) is a cryptocurrency that emerged in 2018 and serves as the native token for the Cocos-BCX blockchain. The primary focus of this blockchain is the development and enjoyment of blockchain-based gaming experiences. COCOS tokens are utilized for in-game purchases, staking to earn rewards, and participating in governance activities.

The Cocos-BCX blockchain operates on the Ethereum platform and employs the Proof-of-Stake consensus mechanism. It offers scalability and security features that are well-suited for gaming applications.

COCOS tokens can currently be traded on various exchanges, including Binance, Huobi, and OKEx. The present value of COCOS stands at $1.71 USD.

Below are some key advantages associated with the use of Cocos-BCX:

  1. Scalable and secure blockchain platform.
  2. Dedicated focus on gaming applications.
  3. A wide range of features and tools tailored for game developers.
  4. A vibrant and expanding community.

If you have an interest in either developing or engaging in blockchain-based games, Cocos-BCX presents itself as an appealing choice. The platform offers numerous benefits that make it well-suited for gaming applications.

However, it’s important to consider the potential risks associated with Cocos-BCX:

  1. Being a relatively new technology, it lacks an extensive track record.
  2. The volatility of the cryptocurrency market may impact the value of COCOS.
  3. There is a risk of fraud or scams within the cryptocurrency space.

What is Cocos Crypto and Why is it Becoming Popular Now?

Cocos-BCX (COCOS) has gained significant popularity as a blockchain-based gaming platform that offers users the ability to create, play, and earn from games. Built on the Ethereum blockchain and utilizing the Proof-of-Stake consensus mechanism, Cocos-BCX provides a secure and scalable environment for gaming enthusiasts.

Within the Cocos-BCX ecosystem, COCOS tokens serve as the driving force. They can be used for various purposes, including purchasing in-game items, staking to earn rewards, and participating in governance activities.

Cocos-BCX boasts several features that make it particularly well-suited for gaming applications. Scalability is a notable advantage, enabling the platform to handle the high traffic demands of popular games effectively. Additionally, the utilization of the secure Proof-of-Stake consensus mechanism further enhances the platform’s reliability.

The growing ecosystem of games, developers, and users contributes to the appeal of the Cocos-BCX platform. Notable successful games already present within the ecosystem include CryptoKitties, Thetan Arena, and Crazy Defense Heroes. Such successes have positioned Cocos-BCX as a favored choice for game developers seeking to leverage the benefits of blockchain technology.

The rising popularity of Cocos-BCX can be attributed to several factors. Firstly, the gaming industry is a massive and continuously expanding market, with projected revenues of $196.8 billion by 2024. Furthermore, as blockchain technology gains broader acceptance, an increasing number of individuals are recognizing the potential advantages it offers. Finally, Cocos-BCX itself has established a strong reputation since its inception in 2018, cultivating a track record of successful games.

The committed Cocos-BCX team continually strives to enhance the platform and introduce new features, solidifying its position as a reliable and forward-thinking gaming solution.

What is Land of Conquest?

Land of Conquest is an exciting new blockchain game, also known as a “crypto game,” that takes place in an apocalyptic wasteland. It falls under the genre of MMOSLG, offering players a thrilling MMO simulation experience.

In Land of Conquest, players have the opportunity to construct their own bases, generate resources, train heroes, and engage in battles against both hostile non-player characters (NPCs) and other players’ characters. The game provides a diverse range of NFTs and playstyles, including a unique free-to-play option that encourages enjoyable and strategic interactions between free and paid players.

In addition to the governance token, SLG, Land of Conquest introduces two other tokens. $XTAL serves as a play-to-earn reward currency, which will be familiar to experienced GameFi players. On the other hand, LOC GOLD represents an in-game currency that can be purchased with USDT, allowing traditional gamers to gain an advantage within the game.

Investing In Cocos Crypto: What You Need To Know Before Jumping Into The Market 33472

Rules for Winning Lottery

The Cocos-BCX IGO (Initial Game Offering) is open to all COCOS members, providing an opportunity to participate in the project. The rules for the IGO are as follows:

  1. At the end of the IGO, the distribution of lottery winnings is determined based on the shares purchased by users:
    • If the shares are less than the total IGO amount, all users have a 100% chance of winning the lottery.
    • If the shares exceed the IGO amount, the winning rate varies based on the membership level. Higher-level members have a higher chance of winning.
  2. Once the purchase period concludes, users can check the results in the “My IGO” section of their personal account page. Winners can claim the project token immediately, while users who did not win will receive their principal back.
  3. Users can claim their IGO tokens regularly according to the release cycle. The option to claim tokens is available on the Shares Claim History page, following the designated release rules.
  4. Personal account pages provide users with information on the progress of their purchased IGO projects.
  5. Membership status can be viewed in real-time on personal account pages, allowing users to track their current level.
  6. It is important to note that before the lottery, a snapshot of the user’s membership status is taken for the purpose of the “rebase” process. To enhance the winning rate, participants are advised not to withdraw their staked COCOS and NFTs, which contribute to computing power. Withdrawing these assets may result in a downgrade of membership level and a lower chance of winning.

Product Strategy

FREE-TO-PLAY

Start it from “farm” the land in the game. Players can gather resources via completing PVE combats. After, gamers can sell resources to other players to earn.

PLAY-TO-EARN

Purchase different NFTs to cultivate your lands, heros and your basement construction, and earn tokens from it. You may use your strategy to play and earn various digital assets.

PLAY-FOR-FUN

Land of Conquest is developed in the base of real SLG game. There are multiple scenes that can happen in LOC. We keep all the fun of what a SLG game can offer.

LOC NFT Family

12 different MECH NFTs can be installed in the in-game basement when you play it. They can boost construction and farming progress, enhancing the force in attacks or defense.

Land NFT players can recruit other players and work with them to develop the land, while enjoying the harvest of in-game resources and tokens.

Players who enjoy winning exciting PVP combats must have Hero NFTs. Play with Hero NFTs can also win tokens and NFTs from successful attacks and defense.

Land of Conquest Team

Land of Conquest is a project that brings together a team of gaming professionals and crypto experts from North America, Asia, and Europe.

The game development team boasts extensive experience, with 7 to 10 years of game development expertise and three years of blockchain smart contract development knowledge. Since 2017, they have collaborated with multiple blockchain projects, showcasing their dedication to the field. The operations team complements the development team, possessing a professional background in the blockchain and crypto industry. They excel in international market development and maintain a competitive edge.

The Land of Conquest project is driven by two core motivations. Firstly, it aims to explore new possibilities for both the game industry, which requires a robust ecosystem, and the crypto industry, which can benefit from high-quality assets. Secondly, the project is committed to delivering top-notch games within the blockchain space.

Amore Wong serves as the Game Producer, bringing 15 years of game industry experience to the team. He has witnessed the evolution from web games to mobile games and has been involved in notable projects such as “World Hegemony,” “AOE Empire Hegemony,” “City Life,” and “Fluff Ranch” during his time at the US SGN branch in 2008.

Benny Pan, the Marketing & Publishment expert, previously held the position of Head of Huobi Knights Southeast Asia. With a successful track record, he has launched multiple games and products, attracting millions of daily active users. Benny also gained valuable experience at Riot Games, where he oversaw mobile game publishing and played a crucial role in distributing and promoting various groundbreaking products. His expertise lies in platform and traction management, as well as cryptocurrency marketing.

What is TAP Coin(TAP)?

Tap Fantasy is an innovative MMORPG blockchain game developed using HTML5. What sets it apart is that players can seamlessly enter the virtual world without the need to download the game or purchase NFT items. By simply accessing the game directly through a web page or wallet, players can dive right into the action.

One of the notable features of Tap Fantasy is its “Play to Earn” concept. Once players acquire NFT skins, they gain access to the VIP hunting area, where they can earn valuable tokens and additional NFT skins. This introduces a rewarding gameplay experience, allowing players to earn while they enjoy the game.

The game boasts an impressive collection of over 200 NFT skins, each offering unique colors, exquisite artwork, detailed 3D models, and even voiceovers by renowned Japanese voice actors. This attention to detail enhances the immersive nature of Tap Fantasy.

To enhance player engagement, Tap Fantasy incorporates a smart AI recommendation algorithm. This algorithm intelligently suggests gameplays and content based on players’ interests and preferences. Additionally, the game supports third-party developers, allowing them to create and upload modules through a code-free map editor. By designing their own small games and contributing to the Tap Fantasy ecosystem, developers can earn a share of the operating income.

Furthermore, Tap Fantasy empowers designers to create and sell their own NFT profile images, wallpapers, building shapes, and character skin appearances in the market. This opens up opportunities for creative expression and a vibrant player-driven economy within the game.

In summary, Tap Fantasy offers players a free-to-play MMORPG experience that embraces blockchain technology. With its play-to-earn mechanics, extensive collection of NFT skins, smart AI recommendations, and support for third-party developers, Tap Fantasy provides a dynamic and immersive virtual world for players to explore and thrive in.

Rules for Winning Lottery

  1. The Cocos-BCX Initial Game Offering (IGO) is open to all COCOS members, ensuring equal participation opportunities.
  2. The IGO rules are determined based on the shares purchased by users. At the end of the IGO:
    • If the total shares purchased are less than the IGO amount, all users have a 100% lottery winning rate.
    • If the shares outnumber the IGO amount, the winning rate varies according to the membership level, with higher levels enjoying a higher winning rate.
  3. Once the purchase period concludes, all users can access and claim the results of the IGO in the “My IGO” section of their personal account page. Winners can claim the project token immediately, while users who didn’t win can directly retrieve their principal.
  4. IGO-Token Claim Rules:
    • According to the release rules, users can regularly claim IGO tokens on the Shares Claim History page within the specified release cycle.
  5. Users have the ability to monitor the progress of their purchased IGO projects through their personal accounts, ensuring transparency and visibility.
  6. Real-time membership status can be viewed within users’ personal accounts, providing up-to-date information on their membership level.
  7. Prior to the lottery, a “rebase” process is conducted, requiring a snapshot of users’ membership status. To enhance their winning rate, participants are encouraged to continue leveling up their membership before the IGO concludes. It is advised not to withdraw the staked COCOS and NFTs used for computing power, as this may result in a downgrade of membership levels and a lower winning rate.

Product Strategy

The Marketplace within the game serves as a crucial platform that reflects the value of investments and allows players to have a genuine social experience. All investment, development, and production outcomes of NFT items are facilitated through the embedded blockchain Marketplace.

By utilizing the Marketplace, players can engage in commercial activities within the Metaverse and earn profits through various means:

  • Purchase and lease NFT assets.
  • Engage in land sales and leasing.
  • Benefit from the value appreciation of NFTs.
  • Obtain NFT reinforcement materials.

• NFT CERTIFIES INVESTMENT IN VIRTUAL ASSETS

  • NFT Lands: Ownership of lands and the corresponding buildings allows players to profit through virtual commerce.
  • NFT Skins: Strengthen characters and venture into the Earning Area to compete for magical Crystals.
  • Magical Crystals: These rare resources can enhance the abilities of NFT characters.

• PERSONALIZED NFT SKINS SYSTEM

Each character’s NFT skins consist of exquisite artwork, 3D models, and voice acting performed by renowned Japanese voice actors.

Players can utilize TOKEN to increase their character’s favorability, which in turn enhances the efficiency of treasure hunting. Additionally, there is a 1/1024 chance to activate hidden skins, acquiring the appearance and attributes of SP-level skins, thereby increasing the value of their NFT skins.

Investing In Cocos Crypto: What You Need To Know Before Jumping Into The Market 33472

TAP Coin(TAP) Team

The TF team has been actively involved in the development of HTML5 games since 2017. One of their notable releases is “TapTap Fantasy” (also known as 红の骑⼠团, 流⽕之诗, Knights of fantasy, etc.), which was officially launched in various regions including Taiwan, Japan, Southeast Asia, Thailand, South Korea, and Russia in 2019.

In Taiwan, the game was represented by Soft-World and emerged as one of their top revenue-generating products in the first quarter of 2020. In Japan, the renowned company Ingame represented the game and showcased it at the Tokyo Game Show in 2020, where it became a highly popular HTML5 game in the country.

“TapTap Fantasy” was further introduced on Facebook Instant Games in April 2021, quickly gaining popularity as the leading adventure and role-playing game on the platform. It received two global recommendations and amassed over 1.5 million game users and nearly 400,000 active users in less than six months. By the end of September 2021, the game had accumulated a user base of more than 20 million players worldwide.

In March 2021, the team began planning for the “Tap Fantasy Metaverse” version, which was officially launched on July 1st, 2021. The development progress of the new version has already reached 80%, and the official release is scheduled for the fourth quarter of 2021.

Investing In Cocos Crypto: What You Need To Know Before Jumping Into The Market

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