What is Combo Network (COMBO)? All You Need to Know About COMBO

Introduction

Scalability is a significant barrier that Web3 gaming seeks to tackle. The system’s speed may suffer and gamers may have a worse gaming experience due to the network’s increasing transaction volume. However, there are answers to these issues, and the Combo Network (COMBO) seeks to provide scalability to Web3 game development among other solutions.

For Web3 applications, especially gaming, the Combo Network offers a decentralized system that sends a sizable amount of data in a brief period and with the least amount of delay. This article examines the Combo network, its operations, and why it is essential for realizing the potential of Web3 gaming.

What is Combo Network (COMBO)? Optimizing Gaming Experience with Scalability Solutions

Source: Combo Network

Combo is a network that provides scalability solutions for producing Web3 games. It is developing an open-source, decentralized Layer-2 blockchain that is centered on games and available to anyone. Combo network was formerly Coco-BCX which focused on enabling more creators to enter the crypto world through GameFi incubation, investment, and distribution, with a strong focus on content innovation.

Cocos-BCX aimed to simplify the creation and launch of decentralized games and applications. It featured several tools and resources to achieve this, including the Creator game engine which enables game creators to develop games without having prior extensive programming experience. Meanwhile, with its rebranding to Combo network, the blockchain network now focuses on providing scaling solutions for game developers to maximize the potential of Web3 games.

The Combo network seeks to maximize the potential of Web3 games by facilitating efficient, economical, and secure connections between game developers and the entire ecosystem. To accomplish this, they are building collaborations with other Web3 firms, such as blockchain infrastructure providers and cloud computing providers, to provide game developers with a comprehensive set of development tools and technical assistance.

History of Combo Network (COMBO)

Source: Cocos-BCX

Cocos-BCX was established in 2018 by Cocos-BCX Foundation Limited, as an offshoot of Cocos2d-x, a game engine created in 2010 by Chukong Technologies. Cocos2d-x was immediately adopted by game developers worldwide because of its powerful graphics capabilities, cross-platform interoperability, and user-friendly interface, resulting in over 1.5 million developers globally.

Cocos2d-x’s founders recognized the potential of blockchain technology to alter the gaming industry and began investigating ways to incorporate this technology into their game engine in 2017. Eventually, they built a new platform explicitly designed for blockchain game development. Cocos-BCX was built in 2018 by combining the flexibility and use of Cocos2d-x with the security and transparency of blockchain technology. Cocos-BCX has garnered popularity among developers and has been used to create a wide range of games and dApps since its inception.

The Cocos-BCX team stated their desire to rename the platform to COMBO in April 2023. Their primary goal is to create a platform for decentralized gaming, and a mission of onboarding one billion players to web3.

How Does Combo Network Work?

The Combo network rebrand kicked off with the launch of the testnet. This testnet combines the experience and skills of game developers and the wide range of features of the combo network. Combo network introduces tailored solutions to make game production easier to suit the needs of players and solve the bottlenecks confronted by developers in the deployment of games.

In a bid to introduce the testnet to the public, the combo network team established a prize scheme for all participants of the launch. This involves the setup of the Cobee NFT, which serves as a stamp for the holder’s early Combo network membership slot. The Cobee NFT was released at a “Cobee” Mint Event that took place from April 25 to May 9, 2023.

The launch of the testnet which enables users to experience the various features and functions of the combo network is the first phase of introducing the project to the public. Incentives have also been prepared for users who participate in each phase of the combo network launch. This will be followed by the mainnet launch which would fully onboard users to fully participate in the project by deploying games using Blockchain technology.

The Combo Network Ecosystem

Combo Network’s ecosystem is designed to host and deploy web3 gaming projects which are different from traditional games. To achieve this goal, they offer grants called COMBO Builder Grants, making them accessible to both established gaming companies and independent game developers.

COMBO Builder Grants offer several benefits to the beneficiaries, which include;

• Access to a large community of gamers who can help spread the word about the project
• Strong engagement on social media platforms
• Technical support to help developers create cutting-edge games that incorporate blockchain features
• a unique investment opportunity with funding of up to $500,000 per project

The criteria for accepting project submissions are up to the development team and will be communicated to the public. Participants who meet the requirements and are interested are invited to fill out the application form listed on the network’s medium page.

Roadmap

Q2 2023

• The Combo project intends to complete its major rebranding effort. This will entail repositioning the project’s brand and improving its image to better resonate with its target market.
• The project will develop a testnet for the COMBO Optimistic Rollup, which will serve as a platform for testing and upgrading the network’s capabilities.
• The project will launch a growth incentive scheme to promote additional testnet involvement.
• The COMBO Rollup Hackathon to develop creative ways to optimize network functionality.
• Establishing an infrastructure for web-based games to allow the Combo network to broaden its reach and appeal.

Q3 2023

• Launching a beta version of the COMBO Optimistic Rollup mainnet, allowing users to experience the network’s full capabilities.
• Launching the mainnet for the COMBO Optimistic Rollup, marking a significant milestone for the project.
• Launching the COMBO Global Ecosystem Alliance Fund Program as part of the effort to support the growth and extension of the COMBO ecosystem.

Q4 2023

• Launching an incentive program to encourage increased involvement in the COMBO Optimistic Rollup.
• Developing the COMBO Optimistic Rollup ecosystem, which will include improving the network’s functionality and broadening its reach.
• Launch a Web3 Game Concepts Incubator Program to assist developers with creative game concepts.

Tools in the Combo Network

Combo Trace

Combo Trace provides historical and real-time data on the COMBO blockchain to users and developers. This tool is user-friendly and accessible to all users, regardless of their level of expertise. Combo Trace displays various data, including contract details, transaction rates, and other detailed insights, such as block contents, transaction hashes, and sending accounts. Take a look at it image below:

Source: Combo Network

The tool’s utility in providing users and developers with important transaction information is invaluable. When a transaction is started, the tool generates a one-of-a-kind transaction hash that may be used to validate the transaction’s details. This tool lets users stay up to speed on the latest information on the COMBO blockchain network.

Combo Bridge

The COMBO Bridge is a cutting-edge technology that allows end-users and developers to transfer tBNB to the COMBO Testnet seamlessly. To successfully deposit tBNB to the COMBO Testnet, users are to follow these simple steps:

1. Confirm that their BNB Smart Chain Testnet wallet has enough tBNB
2. Connect their wallet to the BNB Smart Chain Testnet
3. Enter the amount of tBNB they wish to deposit in the designated blank space

Following the chain’s mandatory confirmations, the requested amount will be automatically transferred to the COMBO Testnet.

Source: Combo Network

End users have the option of withdrawing their assets via the COMBO official bridge or a trustworthy third-party platform.

Source: Combo Network

In the unlikely event that users encounter a MetaMask problem that results in unresponsiveness after submitting transactions, they are advised to attempt the following troubleshooting steps:

Source: Combo Network

1. Navigate to Metamask’s network settings
2. Delete the BNB Test Smart Chain from memory

Source: Combo Network

1. Disconnect from the COMBO bridge before reconnecting
2. Re-insert the BNB Test Smart Chain into MetaMask

COMBO Network’s NodeReal Architecture

Source: Combo Network

The Combo Network’s NodeReal architecture aims to give developers a user-friendly and cost-effective development ecosystem that avoids bottlenecks in Web3 game development. The architecture also intends to provide consumers with a smooth and cost-effective experience.

One of the primary hurdles that COMBO’s architecture seeks to remove is the inability of Web3 game creation to scale. Web3 games’ scalability has been hampered by low throughput and expensive transaction costs. This problem is cleverly solved by allowing several transactions to run concurrently, increasing the game’s performance.

It also solves the issue of a lack of exciting gameplay in Web3 games. Most Web3 games have evolved into financial instruments rather than entertaining games, creating a barrier for users. Nonetheless, COMBO’s architecture includes a game engine that provides developers with a plethora of tools for creating engaging gameplay experiences for players.

This architecture also addresses the difficult entry barriers for players in Web3 game creation. Several gamers have been stopped from entering the Web3 gaming space due to the necessity to set up wallets, keep private keys, and find suitable methods for purchasing and trading cryptocurrency. However, this architecture has a built-in wallet and a user-friendly interface, making it easier for players to participate in Web3 games.

Advantages of Combo Network

• Scalability Solution: The Combo network provides scalable Web3 game development options that can support a high number of users.
• Security: With blockchain decentralization, the network is more secure and less vulnerable to attacks or censorship.
• An Open-Source Project: the Combo network is open to anyone who wishes to help shape it. This promotes a more robust environment, which leads to higher-quality games.
• Diversity: Combo Network’s diverse development tools and technical support give game developers an edge to create Web3 games without substantial programming skills.
• Investors Support: The project has the backing of big investors and gaming partners such as Alibaba Cloud and Footprint.

Disadvantages of Combo Network

• Limited Acceptance: Because the Combo Network is a new platform, it may take some time for it to obtain widespread adoption among game developers and other users.
• Complex: While the Combo network offers a full set of development tools and technical support, the technical complexity of Web3 game development may still be a hurdle for certain developers.
• Competition: The Combo network works in a very competitive market, with several rival platforms providing similar Web3 game production services.
• Regulatory Uncertainty: The regulatory climate for Web3 gaming is still evolving. It is possible that regulators will handle decentralized gaming platforms such as the Combo network differently from its Web2 counterpart.

What is COMBO Token?

The COMBO token is the native digital asset within the Combo ecosystem, which aims to motivate and compensate the community for its involvement and expansion. The token conforms to the standards of ERC-20 and BEP-20. COMBO token functions as incentives for the participants who have demonstrated their contributions toward the ecosystem. Network participants can earn rewards by holding the COMBO tokens, whereas the remaining tokens are reserved for cross-chain purposes. The criteria used for allocating rewards to the community are contingent on their behavioral patterns and are subject to further deliberation.

Tokenomics

Source: Combo Network

The total supply of COMBO tokens is 100,000,000 and will remain constant regardless of the number of chains deployed. This assures that the COMBO token can circulate across all chains, with a total circulation volume across all chains of no more than 100 million tokens. Any extra tokens are set aside for cross-chain goals.

To promote community participation, a significant amount of the total token supply that has not yet been released has been dedicated to the community. Community members will be rewarded based on their contributions to various metrics such as Total Value Locked (TVL), transactions, daily activity, and other pertinent measurements. Participants will also be able to earn incentives depending on their contributions to these measures once the mainnet is released.

Is Combo (COMBO) a Good Investment?

Combo Network could be a good investment considering its value proposition and the track record of the development team with Cocos-BCX. The Combo network provides scalable Web3 game development options that can support a high number of users as well as a decentralized platform that ensures security within its ecosystem. The open-source nature also makes it accessible to innovative changes leading to top-quality games. Likewise, the network’s diverse development tools and technical support avail developers of the opportunity to create Web3 games without programming skills.

In a bid to better explore the capabilities of Combo Network (COMBO), users may participate in testing the Combo Network via its Testnet. This will help in experiencing the network’s features and functionalities, contribute to its development, and be in a better position to decide whether it is worth investing in. Also, it is pertinent to consult financial experts before making any crypto investment decision.

How to Own COMBO

To own COMBO, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified and funded. Then you are ready to go through the steps to buy COMBO.

News on Combo Network

• On April 25, 2023, Combo Network announced the launch of its testnet and made it open to the public.
• To commemorate the launch of its testnet, Combo network hosted a Cobee NFT Mint event between April 25 and May 09, 2023, which qualifies users as community members.