Analysis of KuCoin Labs Incubation Plan Projects in the First Season (2)

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2023-02-22 06:36

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What is the potential of the casual game aggregation platform OCTO and the privacy Layer2 project Obscuro?

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What is the potential of the casual game aggregation platform OCTO and the privacy Layer2 project Obscuro?

OCTO

Analysis of KuCoin Labs’ 1st Season Incubation Program Projects (1)

Analysis of KuCoin Labs’ 1st Season Incubation Program Projects (3)

Analysis of KuCoin Labs’ 1st Season Incubation Program Projects (4)

Recently, KuCoinLabs Season 1 Incubation Program started. With the steady progress of the incubation plan, KuCoin Labs will introduce and analyze the 8 best-performing projects shortlisted this time. This time, we will bring casual game aggregation platform OCTO and privacy Layer 2 project Obscuro.

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OCTO is a community-driven hyper-casual Play To Earn game hub that aggregates various games on the OCTO app, available on IOS and Android. By playing games on the OCTO app, players can play and earn money from mobile games on the Solana blockchain and EVM chain. OCTO currently has more than 3 million users and has played more than 50 million games. It and the NFT with a limited number of 4,444 released in January 2022 were also sold out in a short period of time. OCTO's mission is to be the first to drive WEB3 to achieve million-level user growth through a casual game center aggregator.

Obscuro

OTCO itself is also the first game project to effectively release a dual reward system based on a competitive economy. On the OCTO platform, players can not only win the economic rewards of OTK tokens by challenging the leaderboard rankings, but also win gold coins during the daily participation in the game. Gold coins can be exchanged for virtual assets and physical assets in the mall of OCTO partners Items or community rights, etc.

OCTO is also an important service provider in the NFT track. Relying on an experienced technical team, as well as mature economic models and business logic, OCTO can develop exclusive games for their community for NFT projects in a short period of time. Holders of NFT can use their NFT in exclusive games to engage in a series of activities such as battles, social interactions, and breakthroughs, while enjoying the rich returns brought by the double reward system.

At present, OCTO has reached strategic cooperation with blue-chip NFT projects such as Degenerate APE, ABC and Claynosaurz. The game "Drop Out" in cooperation with Degenerate APE and the game "Origon" in cooperation with ABC have been launched on the OCTO platform. The group provides more traffic entrances and usage scenarios.

KuCoin Labs believes that OCTO has long-term development potential. In the case of initial achievements, KuCoin Labs assists OCTO to better discover areas where it can do better. By participating in the "Astro Selection" incubation program operated by KuCoin Labs, OCTO has received extensive guidance and one-on-one precise guidance from our well-known mentors in the fields of technology and tokenology, and will continue to provide strong support in terms of market popularity and partners. support.

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The Obscuro team comes from the R 3 core founding team and technical team, with solid technical background. They have been in the encryption industry since 2015, including the organizer of the first ETHLondon, the ecological developer of Ethereum and Avalanche, Morgan Stanley, etc. The team members have been working together for 5 years to jointly develop the Corda chain used by DTCC (US Depository Trust & Clearing Corporation), and have also won awards in the Ethereum Hackathon. They have rich experience in consulting blockchain startups and have extensive large-scale traditions Network of financial institutions, regulators.

KuCoin Labs Incubation Program I & Obscuro

According to the comparative analysis of mainstream privacy technologies, TEE has strong advantages in commercial use and large-scale privacy computing processing.

The Obscuro team has more than 5 years of experience in TEE operations, building comprehensive privacy based on Intel SGX, even including client privacy, and can be linked through multiple parties such as Azure, IBM, and Alibaba. The TPS in the current environment reaches 40,000.

Developer

GameFi

NFT

Layer 2

technology

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