Web3 is the evolution of the internet that wants to move away from the centralization of Web2. The Web2 system is centralized to the big companies that control the internet (Google and Amazon). The decentralized concept that is central to Web3 is naturally compatible with cryptocurrency and blockchain technologies. In fact, many web3 application developers come from the crypto industry and actively work with various blockchains such as Ethereum. Many in the crypto community believe that the future of Web3 will use blockchain technology as its foundation. This assumption is based on the trustless, permissionless, and open-source nature of blockchain.
The gaming industry has always been at the forefront of technological advancements, and the emergence of blockchain technology is no exception. COMBO, formerly known as Cocos BCX, is a revolutionary blockchain game development platform that aims to reshape the gaming landscape by leveraging the power of blockchain. With its recent Test Net launch, COMBO has introduced a range of features and incentives for early adopters, developers, and community members. In this article, we will explore the exciting potential of the COMBO network and why it presents a compelling investment opportunity for those interested in the blockchain gaming sector.
Cocos BCX, a leading blockchain platform for game development, has recently undergone a rebranding and is now known as COMBO Network. This transformation comes with the exciting news of the Test Net being opened to the public. In this article, we will explore the significance of this milestone and the key features and incentives introduced by COMBO Network.
What is Combo Network?
COMBO Network is a decentralized multi-chain interoperability platform aimed at connecting different blockchain networks. The platform provides a solution to the fragmentation of the blockchain industry, allowing different blockchain networks to communicate and interact with each other. COMBO Network uses a hybrid consensus mechanism that combines Proof of Work (PoW) and Proof of Stake (PoS) to ensure secure and reliable transaction processing.
The COMBO project has a lot to offer both experienced crypto investors and newcomers to the field. With features of decentralized exchange, liquidity pool, yield farming, and staking, it provides a comprehensive ecosystem that supports multiple users and use cases. As with any investment, there are always risks to consider. However, the team behind COMBO has taken steps to mitigate these risks, focusing on safety, transparency, and community engagement. Furthermore, the project has gained traction in the market, with a growing user base and partnerships with other leading projects in the space. Overall, the COMBO project offers an attractive investment opportunity for those interested in the evolving world of decentralized finance. With its unique features and commitment to building a strong and engaged community, it is well positioned to continue to capture the market and deliver value to its users.
Combo Network Mission
COMBO will be participating in a summary of Layer 2 answers on Web3 and game scaling. Layer 2 placement has made considerable headway with ImmutableX and Polygon, making the Ethereum environment bigger, but without the gas charge war. COMBO provides comparative help for Binance Shrewd Chain in a versatile way in game speed and application usage. The COMBO toolset has been around since around 2017, providing crossovers and similarities to existing blockchains. COMBO also works with most of Web3's information-driven centers, as well as security pioneers such as Certik. The COMBO instrument is viable as well as Trust Wallet, Binance passthrough of tokens, NFTs, and Math Wallet.
COMBO will start with a new way of dealing with Web3, showcasing new images and devices at the Hong Kong Web3 Celebration. The ultimate goal is ambitious: achieve mass onboarding of Web3 clients. COMBO offers an idealistic rollup that offers a level of customization specifically suited to your game. Towards the end of April, COMBO plans to submit its instruments to the test network and later make them available to designers as a live selection.
How Does COMBO Work?
COMBO offers a comprehensive range of development tools and services to address the key challenges faced by Web3 game developers. These challenges include high barriers to entry, incomplete development kits, and expensive transaction costs. COMBO's solutions empower developers to focus on creating engaging game content while streamlining the development process.
By building a web3 game-oriented Layer2 on multiple chains, starting with the BNB Chain, COMBO achieves high scalability and minimizes transaction costs. This enables seamless integration with existing game engines, making it easier for traditional game developers to enter and grow within the Web3 gaming world.
Moreover, COMBO's ecosystem is strengthened through strategic partnerships with industry leaders. Notable partners include NodeReal, DappRadar, Celer Network, Particle Network, Alibaba Cloud, and Cocos Engine IDE. These collaborations enhance the development infrastructure, foster innovation, and promote industry-wide progress.
Join and Try COMBO Testnet Launch: Revolutionizing Web3 Gaming
The long-awaited COMBO Testnet Launch is finally here, marking a significant milestone in the world of web3 gaming. Brace yourself for a revolution as COMBO introduces a wave of innovative features that will reshape the landscape of gaming as we know it. This extraordinary event opens the doors to the next era of gaming evolution, offering unparalleled opportunities for developers and gamers alike.
COMBO Network's Test Net launch event is an excellent opportunity for individuals to immerse themselves in the network's vibrant community. By joining the event, participants can interact with like-minded enthusiasts, learn about the latest developments, and gain insights from industry experts. This event marks the beginning of a collaborative journey towards the future of blockchain technology and its integration with real-world applications.
The Test Net serves as a testing environment for developers and enthusiasts to explore the capabilities of COMBO Network. It offers a range of exciting features, including enhanced scalability, improved interoperability, and advanced smart contract functionalities. These features lay the foundation for the platform's seamless integration with existing systems and the creation of novel decentralized applications (dApps).
Advantages and Use Cases of COMBO Network Enhanced
Interoperability: COMBO Network offers upgraded interoperability, and that implies that it is easier to move assets and execute savvy contracts across various blockchain networks.
Increased Efficiency: The platform's capacity to interface different blockchain networks brings about increased productivity, decreasing the time and cost associated with cross-chain exchanges.
Improved Security: COMBO Network's half breed agreement system guarantees that the platform is secure and dependable.
Reduced Reliance on Intermediaries: With COMBO Network, clients can straightforwardly interface with various blockchain networks, lessening the requirement for go-betweens.
The COMBO Network has a few use cases, including:
Cross-chain DeFi: The COMBO Network empowers clients to take part in cross-chain DeFi exercises, for example, yield cultivating, liquidity arrangement, and exchanging.
Token swaps: The COMBO Network empowers clients to trade tokens between various blockchain networks, making it easier for clients to get to various tokens and markets.
Gaming: The COMBO Network can be utilized in gaming applications to empower cross-chain asset moves and in-game exchanges.
NFTs: The COMBO Network can be utilized to move NFTs across various blockchain networks, empowering clients to exchange and gather NFTs across numerous networks.
Features of COMBO
COMBO іѕ аwаrе of the dіffісultіеѕ fасеd bу gаmе рrоduсеrѕ in thе high-stakes аnd high-performance market environments of tоdау аnd has dеvеlореd ѕоlutіоnѕ that аrе ѕресіfісаllу ѕuіtеd tо еаѕе future gаmе рrоduсtіоn. Sоmе оf thе funсtіоnѕ thаt COMBO рrоvіdеѕ іnсludе the fоllоwіng:
Web3
Bесаuѕе COMBO іѕ bаѕеd on blockchain tесhnоlоgу, іt provides game сrеаtоrѕ wіth a ѕаfе and ореn environment іn which tо design аnd рublіѕh thеіr titles.Gaming
COMBO was created exclusively for the creation of Web3 games. This indicates that it has distinctive characteristics that meet the demands of both gamers and game producers.Optimistic Rollup
Thе lауеr 2 scaling mеthоd Oрtіmіѕtіс Rоlluр, whісh соmbіnеѕ ѕеvеrаl trаnѕасtіоnѕ and lowers реtrоl соѕtѕ, іѕ uѕеd bу COMBO.Layer2
Because COMBO is a Layer 2 scaling solution, it gives game makers a more effective and economical approach to releasing their games.BNB Chain
COMBO is a unique product in the Web3 gaming sector since it is the first game-focused optimistic rollup on the BNB network.
Tokenomics of COMBO
Via cautiously designating the symbolic inventory, COMBO intends to cultivate a flourishing biological system that rewards dynamic local area individuals and supports the platform's drawn out development. The tokenomics structure is set up to boost clients to partake in occasions, add to the platform's turn of events, and draw in with the COMBO people group. COMBO's tokenomics is intended to guarantee a fair and adjusted conveyance of tokens among members and patrons. Underneath, we frame the symbolic dispersion and distribution for different purposes.
COMBO Total Supply and Distribution
- Total Supply: 100,000,000 COMBO tokens
- Undiluted Token Distribution: 71%
- Diluted Token Distribution: 29%
Undiluted Token Appropriation Breakdown
The undiluted Token appropriation is dispensed as follows:
- 17% for Testnet Airdrop, Mainnet Airdrop, and Exceptional Occasions
- 17.5% for Seed Asset
- 17.5% for Administration Asset
- 35% for Hackathons Motivations, Specialized, and Commitment Motivators
COMBO Smart Contract
The Old Token Contracts
- The COCOS ERC-20 smart contract https://etherscan.io/address/0xc4c7ea4fab34bd9fb9a5e1b1a98df76e26e6407c
- The COCOS BEP-20 smart contract https://bscscan.com/address/0xab301dae71f5b386c566f484e636aee60318f12f
New Token Contracts
- The COMBO ERC-20 smart contract https://etherscan.io/address/0xc03fbf20a586fa89c2a5f6f941458e1fbc40c661
- The new COMBO BEP-20 smart contract https://bscscan.com/address/0xc03fbf20a586fa89c2a5f6f941458e1fbc40c661
The maximum supply of $COMBO: 100,000,000 (the same as $COCOS) The total supply will always be 100,000,000 tokens, regardless of the number of chains they are deployed on. We make it to ensure that the Cocos token can circulate across all chains, with the total circulation volume of all chains being less than or equal to 100 million tokens. The surplus part is reserved for cross-chain purposes.
COMBO Mapping Contracts
- The COMBO Mapping ERC-20 smart contract https://bscscan.com/address/0xf0abbd2a22a0565b2066f1a22963218044f31197
- The COMBO Mapping BEP-20 smart contract https://etherscan.io/address/0xf0abbd2a22a0565b2066f1a22963218044f31197
Combo Token (COMBO), which assumes a urgent part in controlling the organization's functionalities and offering some incentive to its local area. Combo Token fills in as the foundation of the Combo Organization environment, energizing different activities and remunerating clients for their cooperation.
In summary, COMBO provides a unique ecosystem that provides comprehensive solutions for investors, traders and gamers in the blockchain industry. The project's vision of bridging the gap between the DeFi and gaming sectors is ambitious, but the team has shown they have the expertise, experience, and commitment to make it happen.
With hybrid blockchain and cross-chain interoperability, COMBO is well-positioned to create a new ecosystem that can provide a seamless user experience for decentralized finance, gaming, and non-fungible tokens. His COMBO, the project's native his token, has many use cases within the ecosystem, including staking, governance, and a medium of exchange. Investors looking for promising projects in the blockchain industry should consider COMBO. With its innovative solutions, experienced team, and growing community, COMBO has the potential to become a significant player in the DeFi and gaming market.
COMBO Network's rebranding and Test Net launch represent an exciting chapter in the evolution of Cocos BCX. By expanding its horizons and introducing key features and incentives, COMBO Network is poised to revolutionize the blockchain landscape. Early adopters, community members, and developers have the chance to shape this future by joining the Test Net launch event and becoming an integral part of the growing COMBO Network community.
The company COMBO is well situated to gain from the quick growth of Web3 gaming. With a clear expansion plan, COMBO, a company that specializes in developing scalable solutions for game developers, is at the forefront of an industry that is rapidly growing. For investors wanting to participate early in this exciting new firm, COMBO offers an opportunity that is too good to pass up.
For More Information :
Website: https://bit.ly/3MIX2PC
Telegram: https://t.me/COMBONetworkio
Medium: https://medium.com/combonetwork
Twitter: https://twitter.com/combonetworkio
News channel: https://t.me/COMBONetworkNews
Discord: https://discord.gg/combonetwork
Coinmarketcap: https://coinmarketcap.com/currencies/cocos-bcx/
Forum Username: Brown36
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2785648
Telegram Username: @Skureki
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BSC address: 0x14B114E8546a8F6383727e7BC0a7bC72E1cA5ED4