Introduction
WEB3 - COMBO NETWORK
The gaming space has always been on the cutting edge of technology. And now, as we enter a new era of innovation, the term Web3 game keeps popping up. Web3 games are today's gaming sector looking for new technologies to stay ahead. But instead of just using more powerful hardware or improving graphics, Web3 games want to use things like the Metaverse, NFTs and blockchain technology.
The desire and drive to change games to suit technological developments is of course in the users; now about meeting those demands. However, it is not an easy task to drastically change gears and expand the game space with emerging technologies given the challenges at hand.
With blockchain and the decentralized nature of the technology, there will always be concerns about regulation. It has been seen with cryptocurrencies that there is a need for new regulatory frameworks to be developed due to their financial nature, but also because of their decentralized structure. In games, where transactions and financial implicits come into play, there will be regulatory issues that need to be addressed. However, ensuring the blockchain is well regulated while still being innovative is ongoing.
Blockchain technology itself also needs growth. Scalability has been a longstanding challenge for some of the larger public networks. Limitations on the ability to handle multiple smart contract executions at once have limited the use of blockchain in certain areas. However, several chains are actively addressing this and aiming for massively scalable solutions.
The layer-2 protocol has been built to sit on top of the Ethereum blockchain reducing transaction times and limiting gas fees, drastically increasing scalability. the emergence of blockchain technology is no exception. COMBO, formerly known as Cocos BCX, is an evolutionary blockchain game development platform that aims to reshape the gaming landscape by harnessing the power of blockchain. With the recent launch of Test Net, COMBO has introduced a variety 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 an attractive investment opportunity for those interested in the blockchain gaming sector. Cocos BCX, the leading blockchain platform for game development, recently underwent a rebranding and is now known as the COMBO Network. This transformation comes with exciting news about the Test Net being opened to the public. In this article, we'll explore the depths of this push and the key features and incentives introduced by the COMBO Network.
Exploring the Greatness About Project COMBO Network.
What is COMBO NETWORK?
Combo Network is a decentralized interaction platform with various chains that aim to connect various blockchain networks. This platform offers a solution for the fragmentation of the blockchain sector and enables various blockchain networks to communicate and interact with each other. The combined network uses a hybrid registration mechanism.
Combo project contains many things that investors and beginners can be offered in this sector. Thanks to the decentralized exchange function, a number of liquidity, agriculture and betting, this offers an integrated ecosystem that supports many users and uses. As with any investment, there are always risks to take into account. However, the team behind the combination took steps to reduce this risk by prioritizing the security, transparency and participation of the community. In addition, this project has an attraction on the market with a development base for the development and partnership with other leading projects in space. In general, this joint project offers an attractive investment option for those who are interested in the development of decentralized financial world.
Combo was developed so that developers can create rich games that reflect the complexity and excitement of old games. With the start of the testnet, a common multi -stage journey in various phases is launched on the market, which offers participants who are actively involved.
One of the most important participants in the common system is a common token that is very important to promote participation and growth in all the largest combined systems. Some token suggestions that contribute up to 17% and are not published are distributed to the community. Specific criteria for distribution are determined on the behavior of the community based on elements.
Combo is ready to revolutionize the game industry and to represent Web3 technology in the game world, it enables developers to play games that are technological and attractive. The start of the test is only the beginning and we can hardly wait to see what will happen to Combo and Gamefi in the future.
Another important advantage of the combo ecosystem is an engagement for the development and commitment of the community. With the introduction of a test network, Combo introduced several main functions and incentives for the first adoption, community members and developers. For example, the first introduction of various advertising activities and campaigns can be useful, while developers and project producers can receive grants to support their work on the platform. This not only encourages the developers to create a platform, but also to ensure that various games with high quality can be used.
Haozhi Chen, the co-founder and former CEO of Chukong Technologies, a mobile game publisher, and co-founder of Joyo.com, established the COMBO project in 2018. COMBO was intended to become a possibly enlarged Blockchain platform for the gaming industry due to its development by an experienced team and investment from top venture capital firms (Venture Capital Firms) such as Binance, NGC, Block VC, Okex, ONT, Nas, Loom Network, EOS, and others.
Amazing features of the Combo platform
High-Performance Blockchain Architecture: Architecture Blockchain Combo is designed for high performance and scalability, allows it to process large volumes of transactions with minimal delay.
Smart Contract Capabilities: The combination supports smart contracts, allows developers to build decentralized programs that can start complex business logic, automate the process and apply rules without requiring intermediaries.
Gamefi Ecosystem: The Gamefi combined ecosystem combines decentralized games and finances (Defi) to create a new paradigm for blockchain -games. With Gamefi, players can earn prizes and earn income only by playing games on a combination network.
Revenue Sharing: Developers can earn income by making and selling assets in the game, as well as participating in the Platform Profit distribution program.
Cross-Chain Interoperability: Combo is designed for operation with another blockchain, which allows to transmit assets and unlimited data between different blockchain networks.
Support for Multiple Programming Languages: Combo supports different programming languages, including C ++, JavaScript and Python, which makes it easier for developers to build decentralized programs through their choice of their choice.
Community-Driven Governance: a combined platform is governed by user community and interested parties, guaranteeing that platforms develop decentralized and democratic ways.
COMBO solution for all gemer player
Centralized games are centralized games are ideas that are widely accepted in the game industry. This requires ownership of all aspects of the game, from servers to players and monetization by one organization, usually by developers or players of the game. However, this strategy has its problems, especially those related to the property and confidentiality of data that can make players worry.
Game developers: The Ecosystem of the Networking Network consists of game developers that use networks to create and run the unique WEB3 games. This developer produces games that use Blockchain technology to present a unique game experience and new methods of game monetization.
Games: WEB3 game games built on combined networks is also part of the ecosystem. These players can participate in games using cryptocurrency and enjoy new and interesting elements of the game process.
Marketplace: Combo Network offers a direct distribution of assets in many markets, which allows gamers and developers to buy and sell assets in a safe and effective way. The combined network is built on the Blockchain platform, such as Binance Smart Chain, which provides a safe and quick environment for the development of Web3 games.
AIMS OF COMBO
COMBO aims to address and determine the central questions looked by game designers in the web3 field:
Overcoming High Obstructions to Entry: Perceiving the difficulties looked by game engineers in entering the web3 gaming space, COMBO offers an exhaustive set-up of improvement devices and backing administrations. By improving on the most common way of building web3 games, COMBO aims to make this creative domain more congenial and open to designers, cultivating a lively and flourishing gaming biological system for what's in store.
Incomplete Improvement Kit: COMBO offers a complete advancement pack that incorporates full-stack administrations and specialized help. This is particularly advantageous for game designers who are new to the web3 space and need help with progressing to this new worldview. With COMBO's improvement pack, these engineers can speed up their expectation to learn and adapt and immediately adjust to the prerequisites of web3 gaming.
Expensive Exchange Costs: One of the greatest difficulties looked by web3 game designers is the high exchange costs related with blockchain-based frameworks. To resolve this issue, COMBO is fostering a web3 game-situated Layer2 arrangement that will run on different chains, beginning with Binance Savvy Chain (BNB).
Utilizing the versatility and minimal expense exchange capacities of Layer2, COMBO aims to limit exchange costs and give a consistent gaming experience to clients. This is a critical stage towards making web3 gaming open to a more extensive crowd and opening the maximum capacity of this progressive innovation.
What Makes COMBO Unique?
As laid out in its whitepaper, COMBO sets itself apart from others in several key ways. It aims to address the major issues that have long plagued Web3 game development, such as scalability limitations, high transaction costs, and a lack of game development tools. By tackling these challenges, COMBO strives to create a more inclusive and expansive Web3 gaming ecosystem.
COMBO addresses the high barriers to entry faced by game developers by offering a comprehensive range of development tools. These tools aim to provide full support and assistance throughout the game development process.
The project aims to overcome the Web3 gaming scalability hurdle by enhancing throughput and reducing transaction costs. This means that players can enjoy seamless and fast gameplay experiences without facing the usual limitations and high fees associated with Web3 games.
Another aspect that sets COMBO apart is its strong backing from renowned investors and partners in the gaming industry, including Binance Labs and NEO Global Capital. This support showcases the project's credibility and ambition to attract a substantial user base of over 1 billion gamers to the Web3 ecosystem.
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.
Here are some of the benefits of using COMBO Network for Web3 gaming:
Multi-Chain Interoperability: COMBO Network enables communication and interaction between different blockchain networks, allowing developers to create more diverse and dynamic gaming experiences. With its hybrid consensus mechanism, COMBO Network ensures secure and reliable transaction processing, providing a seamless user experience.
Improved Efficiency: COMBO Network's multi-chain ecosystem also results in increased efficiency and cost savings for developers and gamers. By eliminating data silos and enabling cross-chain transactions, COMBO Network streamlines the gaming experience and reduces transaction fees.
Robust Ecosystem: The COMBO Network ecosystem provides a comprehensive range of features, including decentralized exchange, liquidity pool, yield farming, and staking, making it a one-stop-shop for gamers and investors alike.
Community-Driven Approach: The COMBO Network team is committed to building a strong and engaged community, which is essential for the success and growth of the platform. By offering transparent communication and community-driven decision-making processes, COMBO Network aims to create a thriving ecosystem of Web3 gamers and developers.
COMBO Testnet
COMBO Testnet is an upcoming game development solution that combines the functionalities of a AAA game engine with the benefits of web3 technology. It aims to maximize the potential of web3 games by providing developers with the necessary tools to create feature-rich games that mirror the complexity and excitement of legacy gaming titles. To celebrate the testnet launch and encourage community participation, COMBO has prepared an amazing incentive plan for early adopters. Here's how community airdrops and builder grants support COMBO Testnet growth.
To kickstart COMBO's multi-stage journey to become the world's de facto web3 game development platform, the team is hosting a time-limited Cobee NFT mint event. This NFT will be a limited edition and will convey the status of early COMBO community members. COMBO's launch will roll out across multiple stages to ensure a secure and seamless transition, and participants who actively participate in each stage will be eligible for bonus rewards.
Community participation is essential for the success of COMBO. Therefore, 17% of the token supply that has not yet been released will be allocated to the community, and rewards will be distributed after the mainnet goes live. The allocation will be based on metrics such as Total Value Locked (TVL), transactions, and daily activity, among others. Attendees will get a chance to receive incentives based on their contributions to these performance indicators. Early adopters and contributors will be rewarded, and more details will be shared soon.
COMBO Builder Grants are another incentive for community participation. They are open to established gaming studios or indie developers who want to build top-tier gaming projects with blockchain-enabled features. The benefits of these grants include unparalleled community traffic and social media engagement, cutting-edge technical support, and a remarkable investment opportunity of up to $500,000 per project. Projects will be assessed based on various metrics, and participants who meet the criteria will be eligible for additional rewards.
What exactly COMBO Network mean for investors
It, most importantly, implies that COMBO is at the very front of a quickly developing business sector. The worldwide gaming market is worth more than $180 billion, and is projected to keep developing at a pace of more than 9% each year. With the blast of Web3 games, this market is simply set to grow significantly further.
Besides, it implies that COMBO has a novel situation on the lookout. While there are absolutely different organizations dealing with scaling answers for Web3 games, COMBO's attention on game improvement separates it. By focusing on the necessities of game designers, COMBO can offer arrangements that are customized explicitly to the prerequisites of the gaming business.
At long last, it implies that COMBO has a reasonable guide for development. With an emphasis on building an open-source, decentralized platform, COMBO is making an organization impact that will draw in an ever increasing number of designers and players over the long haul. This, thus, will drive the worth of the COMBO token, making it an appealing speculation opportunity for those hoping to gain by the development of the Web3 gaming market.
The Investment Potential
For investors looking to capitalize on the exponential growth of the blockchain gaming industry, COMBO presents an enticing investment opportunity. Here are some key factors to consider:
Market Potential: The global gaming market is already massive, and the integration of blockchain technology is poised to take it to new heights. According to industry reports, the blockchain gaming market is projected to reach billions of dollars in the coming years. As one of the leading blockchain game development platforms, COMBO is well-positioned to capitalize on this market potential.
Established Track Record: COMBO's rebranding from Cocos BCX brings with it a proven track record of success in the blockchain gaming space. The team behind COMBO has extensive experience in developing successful blockchain games and has formed strategic partnerships with prominent companies in the industry. This track record instills confidence in investors, as it demonstrates the team's ability to deliver and execute their vision.
Growing User Base: The gaming community is embracing blockchain gaming at an accelerating pace. Gamers are increasingly drawn to the benefits of true ownership, transparent economies, and the ability to monetize their in-game assets. COMBO's user base is expected to grow rapidly as more developers and gamers recognize the advantages it offers. Investors stand to benefit from the network effect as the platform gains traction and attracts a larger audience.
Future Expansion and Development: COMBO has ambitious plans for expansion and further development of its platform. With ongoing research and development, the network aims to introduce cutting-edge features such as cross-chain interoperability, enhanced scalability, and improved user experiences. These advancements have the potential to drive increased adoption and value appreciation for COMBO's native token, creating opportunities for investors.
Combo Token (COMBO)
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.
The COMBO issues utility tokens that can be converted into tokens on the platform. The COMBO token is a representative token that can be used for various activities on the COMBO Association platform. Holders of COMBO tokens can trade them or use them for various purposes. The COMBO Association plans to circulate these tokens through a token distribution program, which clients can obtain freely from the business community on the COMBO Association website.
Maximum Supply (100,000,000) - The total supply of COMBO tokens is 100 million units, which provides a solid foundation for the platform's development and growth.
Undiluted Tokens (71%) - The undiluted tokens cover 71% of the entire supply, which powers different parts of the COMBO environment and ensures its smooth development.
Testnet and Mainnet Airdrops (17%) - These airdrops aim to reward early adopters and attract more users during testnet and mainnet launches.
Seed Funds (17.5%)- These funds are invested in potential projects and new partnerships within the COMBO environment, fostering new developments and improvements.
Governance Resources (17.5%) - These tokens are dedicated to association holdings, which enable the community to make informed decisions about COMBO through decentralized democratic participation.
Hackathons, Upgrades, and Special Initiatives (35%)- These tokens support the development and progress of new COMBO environments by sponsoring hackathons, incentives, and specific initiatives.
Other Initiatives (13%) - The remaining pure tokens are used for different initiatives and fees within the COMBO environment
Smart Contract Combo Token (COMBO) : Old & New Tokens
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
Multisig Addresses for Enhanced Security
Multisig addresses on Ethereum (0x34189e0b3eAB6D7fd28E18744E0d95B87F202Ea6) and Binance Smart Chain (0x3570d51dDD943Bc232A6966B9E24562A19eF28F7) provide multi-signature authorization for the COMBO network.
Burn Addresses for Token Burns
- Burn addresses on Ethereum (0x000000000000000000000000000000000000dEaD) and Binance Smart Chain (0x000000000000000000000000000000000000dEaD) enable token burning within the COMBO network.
Conclusion - The Future of Web3 Gaming and COMBO Network's Role
As the Web3 gaming space continues to grow and develop, platforms like COMBO will play an important role in shaping the future of the industry. COMBO's focus on innovation, accessibility, and community engagement makes it an attractive investment opportunity for those interested in the evolving world of decentralized finance. COMBO's unique features, including its hybrid consensus mechanism and enhanced interoperability, make it well positioned to drive mass adoption of Web3 games and empower developers and investors to unlock the full potential of this exciting and fast-growing space.
By investing in COMBO, investors can position themselves at the forefront of this exciting industry, potentially reaping substantial rewards as the platform continues to flourish. As the gaming world evolves, COMBO is leading the charge, transforming the way games are developed, played, and monetized through the power of blockchain technology.
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