📰 News Details: 'COC' Game and the New Era of GameFi
The news reports that 'Call of Odin's Chosen (COC)', a blockchain game described as the "World's First VWA Game," has made its game data fully on-chain. This move sets a new standard for the gaming industry, especially for GameFi (Game Finance) and the P2E (Play-to-Earn) model.
* Game Name: Call of Odin's Chosen (COC)
* Technology: It is being called the world's first VWA (Virtual World Asset) on-chain verification game.
* Fully On-Chain Data: This means that all important actions and data within the game, such as:
* Player Mining records
* Token Output and Consumption
* Deposit and Withdrawal records
* Other economic activities
* All this data is now reliably stored on the blockchain and is publicly verifiable.
* Transparency: On-chain data brings complete transparency to the game's economy. Any third party can audit the game's data, significantly reducing the risk of cheating or an opaque system.
* New Era of P2E (Play-to-Earn): Traditional GameFi has faced criticism regarding opaque data systems and lack of true asset ownership. COC's step points towards a P2E 3.0 model, where players get True Ownership of their assets and become co-creators of the ecosystem.
* Token Distribution: COC plans to distribute 84% of its tokens directly to players, which is significantly higher than the industry average. Early participants are offered the chance to receive higher mining rewards, as the game incorporates a Bitcoin-like block halving mechanism.
In summary, this news highlights a significant development towards increased transparency and a player-centric economic model in blockchain gaming.
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