Coco Park, a TON-based GameFi Platform, Secures $800,000 in Funding and Boasts a Large User Base

SINGAPORE, Oct. 10, 2024 — This investment highlights Telegram’s growing appeal as a gateway for traditional gamers to explore the Web3 ecosystem.

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Coco Park, a blockchain-gamefi integrated platform on TON, has recently secured $800,000 in funding to expand its reach and enhance its user experience. The project, a thriving part of the broader gamefi ecosystem, has become a key driver of user engagement. Within the vast $13 billion gamefi industry, investors recognize the significant growth potential in the project’s value proposition.

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Coco Pets are the central characters in the game, navigating the map and engaging in various activities like laying eggs, farming, and participating in different game modes. Pets are comprised of three components: Head, Body, and Wings, with five levels of rarity: Common, Rare, Epic, Legendary, and Mythic, with NFT Cocos utilizing the Mythic parts.

Since its launch, the game has attracted 700,000 players, boasting over 200,000 members on its Telegram channel. Over 900 million COPA tokens have been earned, and 250,000 pets have found their owners.

COPA – Native Token Utility

  • In-Game Purchases: COPA serves as the primary currency for purchasing items, upgrades, and exclusive content within CoCo Park.
  • Rewards and Incentives: Earn COPA by completing quests, engaging in activities, and achieving milestones. Use COPA to further enhance your gameplay or trade it on supported exchanges.
  • Staking and Farming: Stake or farm COPA to earn more tokens. This presents opportunities for passive income and expanding your token holdings.
  • Governance: COPA holders have a voice in CoCo Park’s future. Participate in decision-making regarding updates, development, and community governance through voting and meetings.

CoCo Park aspires to create a gaming world with groundbreaking game products, providing players with engaging and enduring experiences. The platform aims to bridge the gap between blockchain users and traditional gamers, implement a non-inflationary model, and maintain token balance. This will foster a strong, loyal, and valuable community.

Blockchain Gaming Platform Coco Park Secures $800,000 Funding

Coco Park, a platform integrated with Telegram utilizing The Open Network (TON) blockchain technology, has recently secured $800,000 in funding, marking a significant milestone in its growth. The investment round was spearheaded by prominent blockchain investors. The acquired $800,000 funding will be allocated to further develop the product and expand its user base.

One of the project’s key strengths is its robust partnership network. Coco Park has partnered with Bitget, a leading Tier 1 cryptocurrency exchange, to launch player engagement initiatives. This collaboration will support Coco Park in leveraging the exchange’s strong backing of TON-based gaming projects. Additionally, notable platforms like Openpad, an AI-powered launchpad, Gafin platform for web3 gaming and Gate Web3 Wallet, Techfarm Holding, GOATS, Pigs, Memecat, Ton Degen, GenesisWeb3, Crypto Japanese, Fightly, Catton, Piggy Piggy, PopLaunch, Cat Gold Miner… are also part of the network.

COCO PARK

Opening sale for the first and only NFT collection

After a long wait, Coco Park is delighted to announce the launch of 8,888 unique Mythic Coco NFTs on October 16th. This is a one-time opportunity to own these exclusive digital artworks. Each Mythic Coco NFT features a unique design and comes with special privileges. NFT holders will enjoy enhanced advantages in upcoming airdrops, unlock the staking feature, boost farming to maximize COPA earnings, and can freely trade NFTs on TON marketplaces.

NFT MYTHIC COCO

Next on the horizon for Coco Park is its NFT sale event. The creative and marketing teams aim to set a new standard in GameFi marketing excellence. Coco Park aspires to lead the Game on TON, and desires its fans to experience immersive enjoyment. Be sure to follow and stay tuned to all of Coco Park’s content across its various social media platforms.

Website: Twitter (X): Play Game: Telegram Channel:

Contact:
Daniel
Contact@cocopark.io

Disclaimer: This content is provided by Coco park. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

Photos accompanying this announcement are available at