BinaryX


Name

BinaryX

Summary

BinaryX is a Binance Smart Chain-based fantasy role-playing game (BSC).
-The developers behind BinaryX are anonymous
-It is secured by a proof-of-stake consensus mechanism

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Rating

B

Symbol

BNX

Overview

BinaryX began as decentralized derivative trading technology, but it has subsequently evolved to meet the demands of the GameFi industry. CyberDragon, a play-to-earn game on the Binance Smart Chain, is the brainchild of BinaryX. (BSC). BinaryX is now working on CyberDragon, a metaverse game that combines classic MMORPG components with science fiction elements. Game props derivatives, for example, are NFTs, and players can pick from a variety of gameplay modes, such as PvE and PvP. CyberDragon uses a dual token economy, which allows users to earn money just by playing the game. The final goal is to fight the game's ultimate boss, the cyber dragon. Players will earn Cyber Dragon treasure prizes as a prize if they win.

Historical Price Movement (in INR)

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Technology

BNX is a BEP-20 token on the Binance Smart Chain. Certik audited BNX and gave it an exceptional security score of 83. The BinaryX team revealed in an interview that they chose Binance Smart Chain because of its lower prices, faster confirmations, and increased chain bandwidth, all of which are essential for an MMORPG game.
The proof-of-stake consensus process ensures the security of BSC. Every 24 hours, 21 validators are elected to validate transactions and ensure blockchain security. To be eligible, these validators must stake a specified quantity of BNB tokens with Binance.
Use of Native tokens in the ecosystem: BNX is the game's native token, which is utilized for community voting, hero recruitment, and hero upgrade, among other things.

Genesis mining reward

33.3%

Initial BNX/BUSD trading pair liquidity

26.67%

Marketing and LP Reward Reserve

30%

Team

30%

Volume (29h May 2022)

$34,122,743

Total Supply

2485629

Circulating supply

2,022,897.57 BNX

Crowd Sales

NA

Funding

NA

Country

China

Name of Organization

BinaryX

Year Incorporated

-

Registered Address

NA

Dispute Resolution and Governing Law

China

Country Risk Assessment

A2

Founding Team
NameDesignationEducationExperience
AnonymousNANANA