Singapore, Singapore, ninth February, 2023, Chainwire
BinaryX, a Gamefi and IGO platform, as we speak introduced it is going to cut up its token, BNX. The choice was made after the challenge workforce ran a DAO vote and acquired overwhelmingly unanimous help (99.5%) to conduct the cut up. The precise timeline for the cut up can be introduced on BinaryX’s social media and group channels quickly.
BNX is the platform token of BinaryX, and is used as a utility token for all actions on the BinaryX ecosystem, together with in video games and for the incubation fund. This transfer to separate the token is anticipated to decrease the edge for total spending, to extend new customers’ acceptance of the token, and consequently enhance the adoption of BNX in a broader crowd.
“Final 12 months, BinaryX skilled a rise in adoption in lots of areas of the world, and our product line up expanded considerably. We evaluated the market state of affairs at current and concluded that the present worth of BNX per unit may very well be optimized to higher promote BinaryX’s financial mannequin and merchandise. We’re assured that our group is behind us on this determination. The brand new denomination of BNX will undoubtedly have a optimistic affect, offering new utility and consumption situations, and driving the broader adoption of BNX,” mentioned Rudy, Head of Development at BinaryX.
As soon as BNX is cut up, all consumption situations of the outdated BNX can be transferred over to the brand new BNX. The cut up may have the identical results on in-game and/or output situations (e.g. CyberChess Weekly Prize, Hero costs).
As of Feb 9, BNX is priced at $100.5, based on knowledge from CoinMarketCap.
BinaryX reveals new video games and plans to push VR/AR video games via their IGO platform in 2023:
Apart from the BNX token cut up, the BinaryX workforce additionally unveiled plans to develop their plethora of recreation choices. They are going to be sharing a sneak peek of a long-awaited replace of their flagship recreation, CyberDragon, and a brand new providing, Challenge M. The workforce additionally expressed the intention to introduce digital actuality (VR) and augmented actuality (AR) video games into their product lineup later within the 12 months and is actively receiving functions from VR tasks to supply fundraising help and advisory companies. Updates will repeatedly be shared on social media and in BinaryX’s group channels, comparable to Twitter and Discord.
“To ramp issues up much more this 12 months for our customers, we can be releasing a collection of latest video games and recreation updates throughout the 12 months, together with an replace for CyberDragon. We’re dropping sneak peeks of a few of our video games actual quickly, so please keep tuned. As at all times, we thank our holders for his or her invaluable help and we look ahead to revealing all our thrilling tasks in 2023,” Rudy mentioned.
BinaryX is the GameFi platform behind play-to-earn video games CyberDragon and CyberChess, each of which run on the BNB chain.
BinaryX started as a decentralised spinoff buying and selling system. The workforce regularly developed into creating decentralised video video games, and is now transitioning to changing into a GameFi platform providing IGO companies to bridge Web2 builders to Web3.
As one of many high 10 tasks on the BNB Chain, BinaryX has an unlimited group of greater than 100k coin holders and 30K month-to-month lively wallets. It is usually one of many high few metaverse tasks by buying and selling quantity on the BNB chain, with greater than 250 million in market cap. BinaryX additionally has a token, BNX, that has persistently demonstrated robust efficiency regardless of the bear market.
For extra particulars and details about BinaryX, please go to:
BinaryX Web site | BinaryX Medium | About BinaryX deck
Our Socials: Discord | Telegram | Twitter
Take a look at our video games on our web site and YouTube
Communications Lead, Sam Okay., BinaryX, [email protected]