The Cocos platform defines itself as a next-generation digital game economy platform. Officially named “Cocos BlockChain Expedition” or Cocos-BCX, it aims to provide ease and completeness in game development for developers, while offering users a brand new gaming experience and an unprecedented game state.
What is Cocos (COCOS)?
The Cocos platform seeks to facilitate and elevate the gaming ecosystem for both developers and users. Cocos-BCX is a public Blockchain platform aiming to create a comprehensive runtime environment for games with multi-game system compatibility. It provides a user-friendly platform for Blockchain game development for developers. Additionally, Cocos-BCX aims to give users full control and transparency over in-game digital assets.
Cocos aims to offer a brand new gaming experience. This experience is provided through a four-stage approach, starting with the use of fungible tokens in the in-game economy, ultimately transitioning to a full Blockchain.
Furthermore, Cocos-BCX has a live programmable mainnet based on the Delegated Proof-of-Stake (DPoS) consensus mechanism.
Also, COCOS is the native entity of the Cocos-BCX blockchain, used for paying transaction fees and can be converted to participate in the DPoS consensus and the underlying blockchain governance.
Developers can also use functions and components provided by Cocos-BCX or third-party teams to create game economy infrastructures such as non-fungible (NFT) exchanges, pawn shops, and banks. As a result, Cocos-BCX aims to offer “more games to players” while allowing better management of digital assets by players.
At the time of writing, COCOS Coin is trading at $0.7009, with a market cap of $29,450,702 according to CoinMarketCap, ranking it 490th in terms of market value. Additionally, there are currently 42,015,868 COCOS Coins in circulation, with a maximum of 100,000,000 COCOS Coins expected.
It’s also worth noting that Cocos Coin hit a record low of $0.0001 on March 13, 2020, and a record high of $1.44 on February 16, 2017.
Where to Buy COCOS Coin?
COCOS coin trading can be conducted through Binance, the largest Bitcoin and cryptocurrency trading platform in terms of market cap.
To buy COCOS Coin, one must first register on Binance and then send fiat currency. After sending a fiat currency like USD, one can purchase Binance Coin (BNB) and conduct transactions in the COCOS trading pair.
In addition, at Binance, users can place orders to buy at a lower price than the market value. To do this, use the Limit tab and enter the amount and price you want to buy at.