WOO Innovation Hub, an extensive ecosystem that integrates various innovative products, including the WOOFi protocol and WOO X, a prominent global cryptocurrency exchange, has revealed a strategic partnership with Cocos Studio. This partnership, with a focus on leveraging Cocos Studio’s advanced technology and expertise in game development, is expected to drive significant innovation within the blockchain gaming sector.
Cocos Studio, which operates on the globally leading mini-game engine known as “Cocos Engine,” serves as a comprehensive platform dedicated to the development, incubation, and acceleration of mini-games. With a vast user base of over 1.6 million developers spanning 203 territories globally, Cocos Studio provides a powerful set of tools that support both 2D and 3D game development. This versatility makes it an attractive choice for developers interested in integrating blockchain technology into their gaming projects. Additionally, Cocos Studio has actively collaborated with the Ton/Telegram ecosystem to bolster blockchain gaming capabilities, contributing to the growth of a robust community of developers and users alike.
The alliance between WOO Innovation Hub and Cocos Studio is designed to harness the strengths of both organizations, thereby expanding the possibilities within blockchain-based gaming. By integrating Cocos Studio’s advanced game development features, WOO Innovation Hub intends to further enhance its ecosystem, creating a platform that offers users an enriched and diverse array of blockchain gaming experiences. The Hub is committed to working closely with Cocos Studio to build upon the expanding Ton/Telegram ecosystem, with the ultimate goal of delivering a seamless and integrated user experience.
The leadership at WOO Innovation Hub has expressed their enthusiasm for this collaboration, emphasizing that Cocos Studio’s commitment to empowering developers aligns perfectly with the Hub’s mission to drive innovation within decentralized applications. Through this partnership, the two organizations aim to create a new wave of blockchain games that are not only more engaging and secure but also more accessible to a global audience of players.
Cocos Engine currently holds a commanding 64% share of the global Web2 mini-games market. Its recent expansion into the Web3 space signifies a major shift, as it brings top-tier gaming resources, streamlines the development process, and provides valuable case studies for Web2 developers who are keen to enter the rapidly expanding Web3 mini-game ecosystem. The collaboration with WOO Innovation Hub extends beyond mini-games, encompassing a wider range of applications such as 2D and 3D games, digital assets, online education, e-commerce displays, and XR (extended reality) experiences. This comprehensive approach is expected to significantly enhance the TON ecosystem.
From the perspective of Cocos Studio, the partnership with WOO Innovation Hub is viewed as a pivotal step in their ongoing efforts to integrate blockchain technology into mainstream game development. The innovative spirit of the WOO Innovation Hub and its commitment to constructing a comprehensive ecosystem for blockchain applications have impressed Cocos Studio. This collaboration is anticipated to provide game developers with unprecedented opportunities to explore new and uncharted territories in the gaming industry.
WOOFi, one of the key components of the WOO Innovation Hub, stands out as a leading decentralized exchange (DEX) with an impressive cumulative trading volume exceeding $42 billion and a monthly active user base of over 250,000. Supporting 11 blockchains, WOOFi offers a diverse portfolio of products that includes earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi, WOO, plays a crucial role within the ecosystem, as it can be staked to earn a share of 80% of all protocol fees.
This strategic partnership between WOO Innovation Hub and Cocos Studio is poised to redefine the landscape of blockchain gaming, pushing the boundaries of innovation while fostering a more integrated and user-centric ecosystem. Both organizations are focused on leveraging their combined expertise to create a new era of gaming experiences that will captivate and engage users around the world.