KuCoin AMA With Cocos-BCX (COCOS) — Creating The Ultimate Destination For Web3 Game Developers
Dear KuCoin Users,
Time: March 3, 2023, 11:00 AM - 11:56 AM (UTC)
KuCoin hosted an AMA (Ask-Me-Anything) session with the Marketing Director of Cocos-BCX, Evita, in the KuCoin Exchange Group.
Official Website: https://www.cocosbcx.io/
Follow Cocos-BCX on Telegram and Twitter.
Guest
Evita — Marketing Director of Cocos-BCX
Q&A from KuCoin
Q: We noticed that Cocos-BCX had announced big news recently. Would you like to share the details with our community?
Evita: Cocos-BCX made a huge announcement during ETHDenver 2023 on February 28th (Denver time). We've partnered with NodeReal, a Web3 infrastructure provider, to create the first-ever rollup chain on BNB Chain.
This new chain will be a big deal for Web3 games and is based on the Optimism (OP) Stack. Plus, it's the first Layer 2 on the BNB Chain.
Q: That's a big move for Cocos-BCX, especially since it has been a long-standing project on BNB Chain. So what was the driving factor behind their decision to develop a Layer2 solution?
Evita: Yeah, it's really exciting to see how Cocos-BCX has evolved our product over time. We've shifted our focus to becoming a scaling solution for Web3 games, which is a big move.
We started our first project in 2019 to build a game chain based on Graphene technology. It introduced some pretty cool concepts like parallel worlds, item traversal, asset synthesis, and asset circulation, and the project launched successfully later that year.
Fast forward to 2020 and 2021, with the explosion of DeFi and GameFi, and Ethereum's scaling solutions starting to mature, Cocos-BCX realized that an isolated chain wouldn't cut it anymore. So we boldly decided to shut down our original Graphene-based chain and fully embrace the Ethereum ecosystem.
After that, the team worked on developing the IGO platform and a Web3 plugin to make it easier to develop games. But as we looked back on Cocos-BCX's original mission, we weren't sure how to achieve the goal of serving game developers and bringing over a billion gamers into the Web3 world. So we decided to take a step back and reassess our approach.
Now with more and more Layer2 mainnets launching, like Optimism, Arbitrum, and StarkNet, there's a lot of potential for specialized Layer2 solutions. That's how Cocos-BCX created a game-focused Layer2, which is exciting.
Q: The Web3 gaming industry is busy, but some challenges have been holding it back. Like, there needs to be issues with scalability, low throughput, high transaction costs, and limited tools for game development. It's a challenging problem, but what can Cocos-BCX do to address these challenges?
Evita: Our goal at Cocos-BCX is to create the ultimate destination for game developers who want to build on the blockchain. And we've got some awesome partners to help us out. For like, we're teaming up with BNB Chain, the most popular public chain among GameFi users. It's the perfect starting point for our transformation.
And we're also collaborating with NodeReal to tackle some of the challenges we've been facing.
We're focusing on creating an easy-to-use toolkit that includes social login/recovery, an integrated development environment, built-in NFT toolkits, oracles, ZK solutions, and more.
We also aim for high performance and low gas fees, targeting up to 10K TPS and the lowest possible gas fees. And we're integrating with high-performance decentralized storage solutions like Arweave, Storj, and BNB Greenfield.
But one of our biggest strengths is our powerful game engine support. With over 1.6 million game developers in 203 countries and regions, Cocos-BCX has already reached over 1.6 billion end-users. As a result, skilled developers can easily and quickly enter the Web3 world based on their existing engine skills. And for traditional developers who are migrating to the Web3 space, our platform provides a better infrastructure and development environment.
In other words, we're bringing many skilled game developers into the blockchain field. And this will help make blockchain games more engaging and fun for everyone.
Q: Is Cocos-BCX planning on making Layer2 only available on BNB Chain, or thinking about other options too?
Evita: Thanks for this question. We're kicking things off with BNB Chain, but we have bigger plans. We plan on expanding our Layer2 solution to work with other EVM-compatible ecosystems like Ethereum and Polygon to support the mass adoption and long-term success of the Web3 ecosystem.
Q: So, what's next for Cocos-BCX? What can we expect to see from you guys in the future?
Evita: We're knee-deep in the development phase of our Layer2 solution. We're working towards a pretty ambitious timeline, hoping to launch the testnet by the end of March 2023, with the mainnet launch shortly after in early July. And by November 2023, we aim to release a full-stack Web3 development infrastructure.
We've got something else exciting in the works too. We plan to rebrand and rename ourselves, giving us a fresh look as we continue to thrive in the Web3 gaming ecosystem. So, lots of cool stuff is on the horizon. Take a quick look at this video to get an idea!
Free-Ask from KuCoin Community
Q: Are you satisfied with your progress and achievements so far?
Evita: Cocos-BCX has kept moving forward. As mentioned, we did a public chain, IGO platform, and plugin for Web3 games. Our goal has always been to provide the best tools and infra to connect developers in Web2 with Web3. Now we can see Layer2's possibilities to achieve this goal better. That's a good exploration, indeed.
Q: What is the main drive of your Cocos-BCX? How do you plan on this adoption with so many projects in the space?
Evita: Cocos-BCX is the first-ever game optimistic rollup on BNB Chain. The new Cocos-BCX is committed to providing robust scalability and low-cost infrastructure for Web3 games, building a more comprehensive technology stack and services and bridging the gap for developers in 2D/3D games, metaverse, AI, and XR in the Web3 world. Starting from BNB Chain, we plan on expanding our Layer2 solution to work with other EVM-compatible ecosystems like Ethereum and Polygon to support the mass adoption and long-term success of the Web3 ecosystem.
Q: Does COCOS accept freelance game developers? What are the requirements for a game developer to join the COCOS-BCX Network? and how does the developer get a commission or incentive?
Evita: Cocos-BCX is building an open-source, decentralized, game-oriented Layer 2 accessible to everyone. So you are welcome to develop with it whether you are a freelancer or not! There will be a plugin in the game engine by November, and it will be easy to transfer your game from Web2 to Web3.
Q: Please let us have a brief overview of the future of COCOS.
Evita: Here is our timeline for this year:
● End of March 2023: Testnet launch
● Early July 2023: Mainnet launch
● November 2023: Release of a full-stack Web3 development infrastructure
Meanwhile, the rebranding and renaming plan will begin, and Cocos-BCX will thrive in the Web3 gaming ecosystem with a brand-new look.
Q: Many projects already work on scalability with both Layer1 and Layer2 solutions. So, why would cocos be the best choice?
Evita: Thanks for this question. Cocos-BCX is the 1st-ever layer2 on BNB Chain, particularly for web3 game development. That's our uniqueness. Additionally, backed by 1.6 million game developers in 203 countries and regions, Cocos-BCX has reached over 1.6 billion end-users. Skilled developers can easily and quickly enter the Web3 world based on their existing engine skills. The platform's transition to Web3 also provides a better infrastructure and development environment for traditional developers migrating to the Web3 space.
KuCoin Post AMA Activity — Cocos-BCX (COCOS)
🎁 Participate in the Cocos-BCX AMA quiz now for a chance to win 4.125 COCOS!
The form will remain open for five days from publishing this AMA recap.
Giveaway Section
KuCoin and Cocos-BCX have prepared a total of 825 COCOS to give away to AMA participants.
1. Pre-AMA activity: 165 COCOS
2. Free-ask section: 20.625 COCOS
3. Flash mini-game: 165 COCOS
4. Post-AMA quiz: 474.375 COCOS
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