DragonEx Launches Subscription for COCOS

Dear communities:

In order to facilitate users to the participation in the development of quality programs, DragonEx will officially launch the COCOS subscription activities at 15:00, July 11, 2019. The subscription process is as follows:

Duration: 15:00-18:00,July 11,2019（UTC+8）

The total amount of subscription:50 million COCOS

Token involved：DT

Way of participation ：placement

The hard cap：65714 DT

Subscription qualification: determined by snapshot of DT position on 00:00,July 11,2019. The minimum number of participants:100 DT, the maximum number of participants10,000 DT.

Token distribution：

COCOS project uses a linear token release mechanism. At the end of subscription, DragonEx will distribute 55% of COCOS Option tokens which are effectively subscribed (because COCOS project will not issue tokens at the first time, DragonEx distributes COCOS Option tokens after the end of the subscription, which represents the future generation of COCOS token) to user's DragonEx account. After that, 15% of token was released every two months, and the release was completed within 6 months. COCOS may adjust the mechanism when needed.

Open for trading：

DragonEx will adds COCOS/USDT trading pair on USDT market at 19:00（UTC+8）,July 11, 2019 after Option token was distributed to users. Withdrawal and deposit will be temporarily closed.

Note：

1.Cryptocurrency investment is subject to high market risk

2. DragonEx will make best efforts to choose high quality projects, but will not be responsible for your investment losses.

3. For users who participate in this subscription, the account requires to complete Intermediate Authentication.

Project Introduction:

Cocos Blockchain Expedition (Cocos-BCX) is aimed to build a complete multi-game running environment, providing convenient services to blockchain games developers. New gaming experience for blockchain gamers is promised. Asset obtained within the game is completely owned by users

Token name: COCOS

Type: COCOS-BCX chain

Total supply: 100 billion.

Token distribution:

Ecology user encouragement 10%

Ecology promotion 8%

Organization donator 22.4%

Project reserve 38.6%

Advisor 3%

Team 18%

COCOS token utility:

COCO can be used as

1. trading within COCOS ecology

2. share of consensus in Cocos-BCX chain

3. participate in Cocos platform block producing

Core Team

Chen haozhi: Co-founder, built Chukong Technology in 2009.

Richard Yang: Co-founder, have more than 15 years working and investment experience.

Reed Hong: graduate from Peking University, have more than 10 years developing experience.

Caterina Zhang: used to work in NEO chain as marketing officer.

Alvin Huang: used to work as product manager and ONE.TOP rating co-founder.

Investment organizations:

NGC, Binance、INB、Dfund、500Startups、BlockVC、OK，Blockchain Capital、ONTology、FreeS FUND、NODE Capital、NEO Capital、 Ticker Capital、BMETA Capital、BYTE Capital、 InsurFun、BA Capital、TOKENMANIA etc.

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