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BNX to undergo 1:100 split to give major boost of investor confidence for BinaryX games and products
- Cointelegraph
- 2023-02-09
- 4404
- Industry
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Summary:Singapore, Singapore, Feb. 7, 2023 — BinaryX, a Gamefi and IGO platform, today announced it will split its token, BNX. The decision was made after the
Malaysia, February 7, 2023-Gamefi and IGO platform BinaryX said today that they would split their token BNX. The determination shall be made after the project team conducts the DAO network voting and obtains the decisive unanimous application (99.5%). The exact timetable of the split will soon be released on the local community channel of BinaryX's social network.
BNX is the platform token of BinaryX, which is used as a good token for all activities on the BinaryX ecosystem, including games and incubation funds. The split of tokens is expected to reduce the overall spending threshold, improve the acceptance of tokens by new customers, and then improve the adoption rate of BNX among more comprehensive groups.
James, head of BinaryX improvement, said:
"Last year, the adoption rate of BinaryX in many regions of the world has gradually increased, and your product line has also expanded significantly. After assessing the market situation at this stage, we concluded that we can improve the price of BNX for each enterprise at this stage, so as to better market and promote BinaryX's economic system and products. I always believe that the application of BNX's n in our community will undoubtedly have a positive impact, providing new public utilities and consumption And promote the wider adoption of BNX. "
Once BNX is split, all consumption patterns of the old BNX will be transferred to the new BNX. Splitting will cause the same harm to the in-game and/or exported scenarios (such as the Cyber Chess Week Award and Hero Price).
According to the information of CoinMarketCap, as of February 9, the price of BNX was US $100.5.
BinaryX releases new games and plans to release VR/AR games based on IGO platform in 2023:
In addition to the BNX token split, the BinaryX elite team also released a plan to expand its too many game products. He will share the latest launch of their long-awaited flagship game CyberDragon and the new product Project M. The team also stressed that it was prepared to introduce VR and AR games into its main product lineup later this year, and actively accepted VR project applications to obtain strong support and technical advice for fund-raising. The upgrade will be shared on social platform and group channel columns of BinaryX (such as Twitter and Discord) on time.
James said:
"In order to provide more services to their customers this year, we will release a series of new games and game upgrades throughout the year, including updates to CyberDragon. You will soon release some game peeks, so please continue to pay attention. As always, you are grateful for the valuable application of the owners, and we are looking forward to releasing all our exciting projects in 2023."
About BinaryX
BinaryX is the GameFi platform, applicable to the games CyberDragon and CyberChess, which operate on the BNB chain.
BinaryX was originally a fragmented derivative trading system software. The team has gradually developed to develop and design fragmented short video games. At present, it is transforming into a GameFi platform, providing IGO service projects and delivering Web2 developers to Web3.
As one of the top ten projects on the BNB chain, BinaryX has a huge community with more than 100000 coin holders and 300000 monthly active wallet. It is also one of the top meta-community concept projects in the BNB chain, with a total market value of more than 250 million. BinaryX also has a token BNX. Although the stock market is bearish, it has always been strong.
For further details on BinaryX, please visit:
BinaryX website
BinaryX medium level
About BinaryX platform
Our own social media: Discord, Telegram and Twitter
Query our own games on our website and YouTube
liaison
Person in charge of communication
Nick K.
Binary X
marketing@binaryx.pro
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