Cocos2d-x Founders Raise $40 million for Cocos-BCX Blockchain Game Platform

Advertisement
By Rishi Alwani | Updated: 17 September 2018 13:33 IST
Highlights
  • Cocos-BCX is a blockchain gaming platform
  • It claims to allow for greater transparency between developers and gamers
  • Investors include 500 Startups and Binance Labs

Cocos2D-x is one of the more popular engines for mobile game development, powering the likes of Angry Birds, Badlands, and Clash of Kings. Its founders have branched out into exploring ways into using blockchain for game development with Cocos-BCX. This is a blockchain game development platform announced in March 2018. Now, it has raised $40 million (close to Rs. 290 crores) in financing from blockchain funds and investors such as Binance Labs, NEO Global Capital, and 500 Startups. This will allow Cocos-BCX to support growth and expansion into new markets as well as accelerate development.

"Gaming has always been in our DNA, so we have a deep understanding of what the game developer community needs in order to succeed with blockchain,"said Haozhi Chen, founder of Cocos-BCX.

Advertisement

"More importantly, we understand what type of development environment is most effective across all blockchain platforms and operating systems. With this new injection of capital, we will push the blockchain gaming industry forward and focus on penetrating the market faster than anyone else in this space."

Cocos-BCX plans to leverage Cocos2d-x's 1.1 million-strong developer community. It consists of a game engine serving as the software framework and virtual machine to support various blockchains, a visual and data-driven integrated development environment created specifically for gaming use-cases, and CocosChain — a public blockchain based on Graphene and architected specifically for games and high-performance applications designed to support up to 100,000 transactions per second.

Advertisement

According to the company, blockchain technology matters because it could allow for greater transparency between developers and its consumers in terms of game mechanics and in-game economies, going as far as to suggest that items from one game could be used in another.

"Even further trading is not confined to a single game anymore and you can use 'Thor’s Hammer' from Game A to trade 'Harry Potter’s Wand' from Game B, as long as we have consensus on the value of the items," a post from the company reads.

Advertisement

If you're a fan of video games, check out Transition, Gadgets 360's gaming podcast. You can listen to it via Apple Podcasts or RSS, or just listen to this week's episode by hitting the play button below.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Cocos2D, Cocos2Dx, CocosBCX, Blockchain
Advertisement
Popular Mobile Brands
  1. Samsung Galaxy S26 FE Leak Suggests Unchanged Main Rear Camera
  2. Samsung Galaxy F70 Pro 5G Will Launch in India on This Date: See Price
  3. HMD Pulse 2 Series Specifications, Colour Options Tipped
  4. Redmi K100 Pro Max Shown in Cabernet Red Ahead of August 11 Launch
  5. Google Pixel 11 Pro Fold Appears in Official-Looking Renders Ahead of Launch
  6. OnePlus 16 Launch Confirmed; Design and Gaming Features Teased Ahead of Debut
  7. Poco C95 Pro 4G, Redmi Note 17 Pro 5G Spotted on NBTC Ahead of Launch
  8. Vivo S2 Set to Launch in India on This Date
  9. Moto Pad 70 Groove With 9 JBL Pro Speakers, 10,200mAh Battery Launched in India
  10. OnePlus N6x With a 7,000mAh Battery Arrives in India at This Price
  1. Sony Not Backing Down From Decision to End Game Discs, Says Will 'Cautiously' Move Forward With Plan
  2. Samsung Galaxy S26 FE Camera Specifications Leaked Ahead of Expected Launch, May Reuse Its Predecessor's Main Rear Camera
  3. Bitcoin Wallet Exploit Costs Users $38 Million in 25-Minute Attack
  4. Tecno's Bezelless Concept Phone Teased Ahead of IFA 2026
  5. HMD Pulse 2, Pulse 2 Plus, Pulse 2 Pro Tipped to Feature 5,000mAh Battery, Unisoc Chipset
  6. Poco C95 Pro 4G, Redmi Note 17 Pro 5G Reportedly Spotted on NBTC Ahead of Expected Launch
  7. Samsung SDS Teams Up With Upbit Operator Dunamu to Explore Stablecoins and AI Payments
  8. Redmi K100 Pro Series Launch Confirmed for August 11; K100 Pro Max Design Revealed
  9. Anthropic Says Claude AI Breached Three Organisations During Cybersecurity Testing
  10. Samsung Working on New Galaxy Buds With Ear Hooks Design, Leak Suggests
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.