COMBO

What is a COMBO token?

COMBO is a game-focused layer two scaling solution built on the BNB Chain for Web3 game developers. By applying optimistic rollup technology, COMBO can achieve over 5,000 transactions per second while keeping gas prices extremely low. COMBO provides comprehensive development tools and partnerships with leading Web3 infrastructure projects to help game developers easily build and scale their games.

Tokenomics

• Token Name:

• COMBO

• Token Type:

• ERC-20 and BEP-20 utility token

• The COMBO token has a fixed max supply of 100M with no inflation. 71% of tokens are currently in circulation. The remaining 29% are reserved for ecosystem incentives, staking rewards, and the treasury.

• Token Distribution:

• DPoS Reward: 30% (16.9% locked, 13.1% unlocked)

• Team: 17% (fully unlocked)

• Private Sale 2: 16.1% (fully unlocked)

• Eco Partner Incentive: 10% (1.74% locked, 8.26% unlocked)

• Treasury: 9% (1.63% locked, 7.37% unlocked)

• User Incentive: 7.6% (3.99% locked, 3.61% unlocked)

• Private Sale 1: 6.3% (fully unlocked)

• Advisors: 4% (fully unlocked)

• Utility:

• Staking to earn rewards and participate in governance

• Paying transaction fees on the COMBO network

• Incentives and rewards for developers, users, and ecosystem participants.

Market Data

As of today 21 November 2024, the price of COMBO is ₹35.73 INR, with a 24-hour trading volume of 3300138.41 USD. The market capitalization for COMBO is 28658208.81USD. The circulating supply is 71051748 COMBO, with the total supply also being 71051748 COMBO.

Token Pros & Cons

Pros:

• Enables high scalability and low fees for Web3 games

• Strong partnerships and developer tools

• Backed by major investors like Binance Labs

• A live and active ecosystem with games and apps deployed

• Potential to bring 1 billion gamers to Web3

Cons:

• Newer and less established compared to some other L2s

• Focused mainly on gaming use case

• Limited information on tokenomics and governance

• Competitor L2 solutions like Immutable X also target gaming

• Regulatory uncertainty around crypto gaming

Why Should You Invest in the Coin?

• The huge addressable market in bringing Web2 gamers to Web3

• Scalable infrastructure is key for blockchain gaming adoption

• Positioned to be a leading platform powering next-gen Web3 games

• Live ecosystem shows product-market fit and ability to attract developers

• Major backing from investors and partners in the gaming space

USP of the Coin

• Game-focused L2 leveraging world-class game engines

• Enables seamless onboarding of Web2 game developers

• Comprehensive tooling and infrastructure for Web3 games

• Extremely high throughput and low gas fees using optimistic rollups

Problem the Coin is Solving

COMBO aims to solve the major scalability challenges preventing Web3 gaming from reaching mass adoption. It provides the high-performance, low-cost infrastructure needed to support gaming Dapps with millions of users. COMBO also offers the tools and integrations to help traditional game studios easily make the leap to Web3.

Founders and Team Background

• COMBO (formerly known as Cocos-BCX) was founded in 2018 by Haozhi Chen, a well-known serial entrepreneur in China. Chen previously co-founded and served as CEO of Chukong Technologies, a mobile game publisher, and also co-founded Joyo.com, which was acquired by Amazon in 2004 and became Amazon China.

• The other key co-founder of COMBO is Richard Yang, who has over 15 years of experience in technology entrepreneurship and investment.

• COMBO has attracted backing from major investors and partners in the gaming industry, including Binance Labs, NEO Global Capital, Block VC, Okex, ONT, Nas, Loom Network, and EOS.

• In April 2023, Cocos-BCX announced its rebranding to COMBO to reflect its enhanced focus on providing scaling solutions for Web3 game developers. COMBO aims to be a leading layer-2 platform enabling high-performance, low-cost infrastructure for blockchain games.

ICO Price

The token had private sale rounds, details of which are below.

• Private sale in April 2018 at $0.0013 per token, raising $8.19 million

• Private sale in August 2018 at $0.0023 per token, raising $36.7 million

Risks Associated in Investing in the Coin

• Highly competitive L2 scaling landscape

• Dependence on the adoption of Web3 gaming, which is still early

• Uncertain regulatory environment for crypto gaming

• Limited transparency on token distribution and governance

• Relatively small ecosystem and userbase compared to other chains

Whitepaper Insights

COMBO is a layer two blockchain network designed to provide the infrastructure for next-generation Web3 games and applications. The project aims to solve the scalability, cost, and user experience challenges that have hindered the adoption of blockchain gaming.

COMBO achieves high performance and low costs by leveraging optimistic rollup technology. This allows the network to process over 5,000 transactions per second while keeping gas prices affordable for gaming use cases. COMBO also offers instant finality, meaning player actions and in-game assets are confirmed immediately without long wait times.

COMBO provides a comprehensive suite of tools and integrations to support game developers. This includes SDKs for popular engines like Unity and Unreal, APIs, developer docs, and smart contract templates. COMBO has partnered with leading Web3 infrastructure providers to offer best-in-class tooling and make Web3 game development accessible to studios of all sizes.

The COMBO ecosystem is designed to be interoperable and composable with other blockchains and L2 scaling solutions. This allows assets and identities to be portable across different games and metaverses. COMBO also enables seamless onboarding and payments, letting players join with email and purchase in-game items with credit cards.

The whitepaper outlines COMBO’s technical architecture, which consists of an EVM-compatible execution layer and a proof-of-stake consensus layer. The execution layer processes game logic and state updates, while the consensus layer provides security and validates transaction batches posted to the BNB Chain.

COMBO uses a novel incentive mechanism called “proof-of-engagement” to reward developers and players based on game activity and ecosystem contributions. This aligns incentives and encourages participants to create value for the network. The COMBO token is used for staking, governance, and paying transaction fees.

The project has a phased roadmap focused on expanding its ecosystem and user base. Key milestones include SDK releases, developer grants, game launches, and L2 scaling upgrades. COMBO’s long-term vision is to establish the infrastructure for a thriving metaverse with millions of interconnected games and users.

In conclusion, COMBO presents a compelling solution for scaling Web3 games and enabling mass adoption. The network’s high performance, low costs, and robust developer tools make it well-positioned to attract Web2 game studios and onboard the next billion players to Web3. However, the whitepaper would benefit from more details on tokenomics, go-to-market plans, and competitor analysis. The regulatory challenges and uncertainties facing blockchain gaming also warrant further discussion.