The BNX token will experience a 1:100 split, aimed at significantly increasing investor confidence in BinaryX's gaming ecosystem and product offerings.

Singapore, Singapore - February 9, 2023, Chainwire

BinaryX BinaryX, an innovative GameFi and IGO platform, has made an announcement regarding the impending split of its BNX token. This decision was reached after a comprehensive DAO vote revealed overwhelming support among the community members, signaling a decisive approval for the initiative. The precise date for this split will be shared on BinaryX's official social media and community platforms shortly.

The BNX token serves as the primary utility currency within the BinaryX ecosystem, facilitating various activities across the platform. This strategic token split is anticipated to lower barriers for spending, making BNX more accessible to new users and promoting broader acceptance. games and for the incubation fund “Over the past year, BinaryX has seen impressive adoption across numerous regions, coupled with a significant expansion of our product lineup. After assessing the current market landscape, we believe that optimizing the BNX unit price is essential to enhance the economic model of BinaryX and its products. We are confident that our community supports this decision. The newly denominated BNX is expected to create fresh utility and broaden use cases, thereby accelerating BNX’s adoption,” commented Rudy, the Head of Growth at BinaryX.

Following the BNX split, all previous usage scenarios associated with the old token will seamlessly transition to the new BNX. This change will also apply to in-game functionalities and other related contexts, like prizes for CyberChess Week or the cost of Heroes.

As of February 9, the price of BNX stands at $100.50, based on current market data.

BinaryX is set to announce new games and initiatives CoinMarketCap . 

In addition to splitting the BNX token, the BinaryX team has revealed exciting plans to broaden their extensive collection of games. VR/AR games through their IGO platform in 2023:

This includes the long-anticipated update for their flagship title, CyberDragon, as well as introducing a new project dubbed Project M. The team further indicated plans to incorporate virtual reality (VR) and augmented reality (AR) games into their offerings later this year, actively inviting VR projects interested in fundraising and consulting support. Regular updates will be communicated via their social media channels and community platforms like Twitter and Discord. game offerings . They will be sharing a sneak peek “In an effort to elevate the experience for our users this year, we plan to roll out several new games and updates throughout the year, including enhancements for CyberDragon. Expect sneak previews of some of our upcoming games very soon. We sincerely appreciate our holders for their incredible support and eagerly await the chance to unveil all our thrilling projects in 2023,” Rudy stated. virtual reality BinaryX is the leading GameFi platform behind play-to-earn gaming experiences.

Initially starting as a decentralized trading system for derivatives, BinaryX progressively pivoted towards developing decentralized gaming experiences and is now on a mission to establish itself as a comprehensive GameFi platform.

About BinaryX

With a vibrant community boasting over 100,000 token holders and 30,000 active wallets each month, BinaryX is recognized as one of the top metaverse ventures based on trading volumes on the BNB chain, with a market capitalization exceeding $250 million. The BNX token has shown remarkable resilience and performance, even amidst market fluctuations. CyberDragon and CyberChess , both of which run on the BNB chain. 

For comprehensive insights and updates on BinaryX, visit our website: IGO services to bridge Web2 developers to Web3. 

As one of the top 10 projects on the BNB Chain Please remember, the content of this page should not be construed as legal, tax, investment, financial, or any other form of advisory. Only invest what you are willing to lose and consult an independent financial advisor should you have any uncertainties. We recommend reviewing the terms and conditions as well as the help sections provided by the issuer or promoter. MetaversePost is dedicated to delivering unbiased and precise reporting, though market circumstances can shift without advance notice. Chainwire stands as a preeminent blockchain and cryptocurrency news distribution service, focusing on amplifying press releases and extending coverage of crypto-related news. Enso, LayerZero, and Stargate have teamed up to facilitate one of the most significant liquidity migrations in Ethereum's history to Unichain. bear market .

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