COCOS (Cocos-BCX) Token Analysis 12/04/2021
Updated
Fundamentals:
The platform for the next generation of digital game economy
Cocos-BCX' , fully named 'Cocos Blockchain Expedition', aims to create an integrated multi-platform runtime environment for games, providing developers with the convenience and completeness in game development, while bringing users a whole new gaming experience, unprecedented gaming status, and with all the assets obtained in the games being wholly owned by the users.
It introduce the concepts and implementations of Cocos BlockChain Expedition
(“Cocos-BCX” or the “Platform”), a platform for the development, operation and management of
decentralized applications (“DApps”) and the circulation of in-app assets (“dAssets”) on blockchain.
The Platform includes:
(1) A development framework that supports multiple operating systems and blockchains.
(2) A data-driven IDE for dApps that is fully scripted and component-based. And
(3) A blockchain system and essential functional components for high performance applications based
on the improved Graphene technology framework (“CocosChain”).
Cocos-BCX enables developers to program, debug and release blockchain-based dApps and hybrid applications.
Meanwhile, the platform integrates a blockchain-based distributed ledger system, crypto wallet
system and digital assets circulation platform, allowing the permanent off-chain storage and cross-chain use
of in-app assets
It is from the needs of developers and users in game industry that we started to design the initial version
of the project, since the game is one of the earliest and largest field for blockchain application. The
technology, products, economic system design and use cases discussed in this whitepaper are based on the
application scenario of game.
their Mission:
To Assetize the Content of
the Digital World, Building A
Consistent Value System
between the Producers and
the Consumers.
Funder:
CHEN Haozhi
Strategic Investors:
Following institutional investors are involved in investment of Cocos-BCX, including:
NGC, Binance Lab, INBlockchain, Dfund, 500Startups, BlockVC, OK Blockchain Capital, Yisu
Capital Grand Shores Fund, ONTology, FreeS FUND, NODE Capital, Consensus Capital, Hash Capital, NEO Capital, Ticker Capital, Contract Capital, Junwu Capital, Candy Capital, Hofan Adventure Capital, BMETA Capital, BYTE Capital, Minjie Capital, InsurFun, BA Capital, Consensus Lab, TOKENMANIA
and BYZANTIUM Capital, etc. Most of those investors are tier-one institutions with powerful strength.
The live Cocos-BCX price today is $1.28 USD with a 24-hour trading volume of $4,474,825 USD. Cocos-BCX is down 3.26% in the last 24 hours. The current CoinMarketCap ranking is #576, with a live market cap of $53,743,399 USD. It has a circulating supply of 42,015,868 COCOS coins and a max. supply of 100,000,000 COCOS coins.
Technical Analysis:
the price is consolidating and Accumulating at the Fibonacci Golden zone which is the sign of initialization of the new cycle and new impulsive wave.
there total of 3 Targets Specified by Fibonacci projection where as the 3 Target is getting its confirmation as the price Triggers the 2 TP followed by some price correction.
The platform for the next generation of digital game economy
Cocos-BCX' , fully named 'Cocos Blockchain Expedition', aims to create an integrated multi-platform runtime environment for games, providing developers with the convenience and completeness in game development, while bringing users a whole new gaming experience, unprecedented gaming status, and with all the assets obtained in the games being wholly owned by the users.
It introduce the concepts and implementations of Cocos BlockChain Expedition
(“Cocos-BCX” or the “Platform”), a platform for the development, operation and management of
decentralized applications (“DApps”) and the circulation of in-app assets (“dAssets”) on blockchain.
The Platform includes:
(1) A development framework that supports multiple operating systems and blockchains.
(2) A data-driven IDE for dApps that is fully scripted and component-based. And
(3) A blockchain system and essential functional components for high performance applications based
on the improved Graphene technology framework (“CocosChain”).
Cocos-BCX enables developers to program, debug and release blockchain-based dApps and hybrid applications.
Meanwhile, the platform integrates a blockchain-based distributed ledger system, crypto wallet
system and digital assets circulation platform, allowing the permanent off-chain storage and cross-chain use
of in-app assets
It is from the needs of developers and users in game industry that we started to design the initial version
of the project, since the game is one of the earliest and largest field for blockchain application. The
technology, products, economic system design and use cases discussed in this whitepaper are based on the
application scenario of game.
their Mission:
To Assetize the Content of
the Digital World, Building A
Consistent Value System
between the Producers and
the Consumers.
Funder:
CHEN Haozhi
Strategic Investors:
Following institutional investors are involved in investment of Cocos-BCX, including:
NGC, Binance Lab, INBlockchain, Dfund, 500Startups, BlockVC, OK Blockchain Capital, Yisu
Capital Grand Shores Fund, ONTology, FreeS FUND, NODE Capital, Consensus Capital, Hash Capital, NEO Capital, Ticker Capital, Contract Capital, Junwu Capital, Candy Capital, Hofan Adventure Capital, BMETA Capital, BYTE Capital, Minjie Capital, InsurFun, BA Capital, Consensus Lab, TOKENMANIA
and BYZANTIUM Capital, etc. Most of those investors are tier-one institutions with powerful strength.
The live Cocos-BCX price today is $1.28 USD with a 24-hour trading volume of $4,474,825 USD. Cocos-BCX is down 3.26% in the last 24 hours. The current CoinMarketCap ranking is #576, with a live market cap of $53,743,399 USD. It has a circulating supply of 42,015,868 COCOS coins and a max. supply of 100,000,000 COCOS coins.
Technical Analysis:
the price is consolidating and Accumulating at the Fibonacci Golden zone which is the sign of initialization of the new cycle and new impulsive wave.
there total of 3 Targets Specified by Fibonacci projection where as the 3 Target is getting its confirmation as the price Triggers the 2 TP followed by some price correction.
Trade active
time to BuyTrade closed: target reached
All 3 Targets Achieved
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