What is the (BNX) BinaryX?

BinaryX (BNX) is a blockchain-based GameFi platform that combines the traditional gaming world with the principles of decentralized finance (DeFi).

By offering an Initial Game Offering (IGO) service, BinaryX gives game developers the opportunity to launch their GameFi projects on the platform, while giving users early access to innovative new games. At the heart of this ecosystem is BNX, BinaryX's governance token. The BNX token serves multiple purposes within the BinaryX ecosystem

BNX use cases

  • BNX tokens are used in every game developed under the umbrella of BinaryX. In this way, players can purchase valuable resources, characters, and other important items that will enhance the gaming experience within the platform.
  • BNX also functions as a governance token. By holding BNX tokens, players are eligible to participate in important decisions that will shape the future of the BinaryX platform. These important decisions affect everything from game development to feature implementation to economic policies within the ecosystem.
  • The BNX token has also been used to fund the development of new gaming projects through the Cyber Incubation Fund.

How does BinaryX work?

BinaryX works as a platform that serves as both a developer of blockchain games and an IGO launchpad for other game developers. These features enable BinaryX to not only create its own games but also support and release games developed by others. Some of the top gaming projects on the BNB chain, such as CyberDragon, CyberChess, and CyberLand, are built on the platform.

The platform's native token, BNX, is the token that offers in-game rewards and serves as a tool to fund game development. BNX holders can participate in community governance, vote on important decisions, and access a variety of community engagement events.

BinaryX (BNX) rebranding to Four (FORM)

In a community vote held from September 21 to 23, 2024, BNX announced that it would take steps to rebrand as the BNX token Four (FORM) with the approval of its holders. The idea for this rebranding first emerged following the launch of the Four.meme platform on July 3, 2024. The renaming of BNX to Four is part of the Platform's long-term vision to align its token with the platform's evolving goals

Although the token's name will change to Four, its economic structure will remain consistent with the previous BNX tokenomics. All BNX holders will be able to exchange their BNX tokens for the new Four token at a 1:1 ratio.

How to buy BinaryX (BNX)?

To buy BNX tokens, just follow the steps below:

  • Download a reliable centralized cryptocurrency exchange app. You can follow the crypto exchanges where BNX is listed on CoinMarketCap.
  • Enter your details for registration.
  • Complete KYC (Müşterini Tanı).
  • Once your profile is verified, fund your wallet and buy BNX tokens.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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GateUser-57828d0evip
· 03-18 11:51
So different values are also one-to-one?
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