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WollyPigeon > Blog > News > BNX to undergo 1:100 destroy up to present main improve of investor confidence for BinaryX video games and merchandise
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BNX to undergo 1:100 destroy up to present main improve of investor confidence for BinaryX video games and merchandise

chainwire
Last updated: 2023/02/09 at 4:04 AM
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BNX to undergo 1:100 destroy up to present main improve of investor confidence for BinaryX video games and merchandise
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World News

Singapore, Singapore, ninth February, 2023, Chainwire

BinaryX, a Gamefi and IGO platform, this day launched this is in a position to perchance destroy up its token, BNX. The resolution was made after the challenge group ran a DAO vote and obtained overwhelmingly unanimous toughen (ninety nine.5%) to conduct the destroy up. The exact timeline for the destroy up will be launched on BinaryX’s social media and community channels rapidly. 

BNX is the platform token of BinaryX, and is primitive as a utility token for all actions on the BinaryX ecosystem, along side in video games and for the incubation fund. This pass to destroy up the token is expected to decrease the threshold for overall spending, to amplify new customers’ acceptance of the token, and as a consequence amplify the adoption of BNX in a broader crowd. 

“Closing year, BinaryX skilled an amplify in adoption in many areas of the sphere, and our product line up expanded drastically. We evaluated the market blueprint at recent and concluded that the hot sign of BNX per unit might perchance perchance presumably be optimized to greater promote BinaryX’s financial model and merchandise. We’re assured that our community is leisurely us on this resolution. The brand new denomination of BNX will positively dangle a particular impact, offering new utility and consumption eventualities, and driving the broader adoption of BNX,” acknowledged Rudy, Head of Teach at BinaryX. 

Once BNX is destroy up, all consumption eventualities of the primitive BNX will be transferred over to the new BNX. The destroy up will dangle the same effects on in-game and/or output eventualities (e.g. CyberChess Weekly Prize, Hero costs).

As of Feb 9, 12pm UTC+8, BNX is priced at $114.5, in accordance to files from CoinMarketCap. 

BinaryX finds new video games and plans to push VR/AR video games through their IGO platform in 2023:

Besides the BNX token destroy up, the BinaryX group also unveiled plans to invent bigger their plethora of game choices. They’ll be sharing a sneak search of a lengthy-awaited update of their flagship game, CyberDragon, and a brand new offering, Mission M. The group also expressed the contrivance to introduce virtual actuality (VR) and augmented actuality (AR) video games into their product lineup later in the year and is actively receiving applications from VR initiatives to present fundraising toughen and advisory products and companies. Updates will on a recurring foundation be shared on social media and in BinaryX’s community channels, similar to Twitter and Discord. 

“To ramp issues up even more this year for our customers, we are in a position to be releasing a series of recent video games and game updates all the contrivance through the year, along side an update for CyberDragon. We’re shedding sneak peeks of a pair of of our video games precise rapidly, so please protect tuned. As frequently, we thank our holders for his or her invaluable toughen and we scrutinize ahead to revealing all our arresting initiatives in 2023,” Rudy acknowledged. 

About BinaryX

BinaryX is the GameFi platform leisurely play-to-damage video games CyberDragon and CyberChess, both of which speed on the BNB chain. 

BinaryX started as a decentralised derivative shopping and selling system. The group gradually evolved into rising decentralised video video games, and is now transitioning to turning precise into a GameFi platform offering IGO products and companies to bridge Web2 builders to Web3. 

As sensible one of many cease 10 initiatives on the BNB Chain, BinaryX has a mountainous community of more than 100k coin holders and 30K month-to-month active wallets. It is also sensible one of many cease few metaverse initiatives by shopping and selling quantity on the BNB chain, with more than 250 million in market cap. BinaryX also has a token, BNX, that has repeatedly demonstrated sturdy efficiency no topic the undergo market.

For more particulars and files about BinaryX, please talk to:

BinaryX Web blueprint | BinaryX Medium | About BinaryX deck 

Our Socials: Discord | Telegram | Twitter

Try our video games on our web pages and YouTube

Contact

Communications Lead
Sam Okay.
BinaryX
marketing@binaryx.expert

World News chainwire

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