INTRODUCTION
What Is a Blockchain?
A blockchain is a distributed database or ledger shared among a computer network's nodes. They are best known for their crucial role in cryptocurrency systems for maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable—the term used to describe the inability to be altered.
What Is the Metaverse?
The metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Augmented reality overlays visual elements, sound, and other sensory input onto real-world settings to enhance the user experience. In contrast, virtual reality is entirely virtual and enhances fictional realities.
A blockchain consists of programs called scripts that conduct the tasks you usually would in a database: Entering and accessing information and saving and storing it somewhere. A blockchain is distributed, which means multiple copies are saved on many machines, and they must all match for it to be valid.
The blockchain collects transaction information and enters it into a block, like a cell in a spreadsheet containing information. Once it is full, the information is run through an encryption algorithm, which creates a hexadecimal number called the hash.
Cocos-BCX is the world’s leading next-generation digital game economy platform, carrying the mission of creating an operating environment for the development and management of decentralized gaming applications and the circulation of digital assets on the blockchain. On the ride to building innovative technology and community standard in the blockchain space, Cocos-BCX has introduced a non-homogeneous token standard — the BCX-NHAS-1808. The 1808 standard has mapped out a whole set of unified digital asset standards and specifications which will build gateways for cross-chain asset exchange and circulation within the multiverse.
Web3 game developers are currently facing several challenges such as finding a high-performance chain, adapting it to the game engine, and reducing transaction gas fees. These issues make it difficult to focus on game content creation, creating a need for a developer-friendly full-stack solution. COMBO aims to solve these key problems for game developers both native and new to web3:
SOLUTION
High Barriers to Entry: COMBO offers a comprehensive range of development tools to provide full support to game developers. In the future, COMBO will be compatible with more world-class game engines.
Incomplete Development Kit: COMBO full-stack services and technical support helps game developers new to the space accelerate their transition into the web3 world.
Expensive Transaction Costs: Starting with BNB Chain, COMBO is building a web3 game-oriented Layer2 on multiple chains to achieve high scalability and minimize transaction costs.
“As a full-stack middleware platform for web3 developers, we are trying to provide the developers with a one-stop solution to help them focus more on business — like helping GameFi projects spend more time providing better quality games. We are excited to build on the COMBO chain, bringing our first-class MPC-TSS Authentication service, Wallet-As-A-Service, one-stop NFT solution, and Data service to the huge game developers’ ecosystem. Particle Network with COMBO chain’s all other partners will make a big step to mass adoption.” said Pengyu, CEO & Co-Founder at Particle Network.
High Barriers to Entry: COMBO offers a comprehensive range of development tools to provide full support to game developers. In the future, COMBO will be compatible with more world-class game engines.
Incomplete Development Kit: COMBO full-stack services and technical support helps game developers new to the space accelerate their transition into the web3 world.
Expensive Transaction Costs: Starting with BNB Chain, COMBO is building a web3 game-oriented Layer2 on multiple chains to achieve high scalability and minimize transaction costs.
Backed by the world’s leading investors and partners in gaming including Binance Labs, NEO Global Capital and more, COMBO is on the mission to bring over 1 billion gamers to web3.
COCOS Price Live Data
The live Cocos-BCX price today is $1.39 USD with a 24-hour trading volume of $26,610,067 USD. We update our COCOS to USD price in real-time. Cocos-BCX is down 1.18% in the last 24 hours. The current CoinMarketCap ranking is #254, with a live market cap of $98,778,033 USD. It has a circulating supply of 71,051,748 COCOS coins and a max. supply of 100,000,000 COCOS coins.
If you would like to know where to buy Cocos-BCX at the current rate, the top cryptocurrency exchanges for trading in Cocos-BCX stock are currently Binance, Bitrue, Bybit, Bitget, and Hotcoin Global. You can find others listed on our crypto exchanges page.
Combo is a leading provider of scaling solutions for Web3 game development. By utilizing the world's top game engine, we are developing an open-source, decentralized, game-oriented Layer2 that is accessible to everyone. Our goal is to unlock the full potential of Web3 games by connecting game developers with the entire ecosystem in a seamless, cost-effective, and secure manner.
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