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BNX will be split at 1:100 to further increase the coverage of BinaryX products

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BNX is the platform token of BinaryX, which is used for all activities in the BinaryX ecosystem, including in-game application scenarios and IGO incubation funds

Original source: BinaryX

< p>GameFi and IGO platform, BinaryX announced today that it will split its Token BNX. This decision was made after the project team voted with the DAO and received overwhelming unanimous support (99.5%). The exact timeline for the split will be announced soon on BinaryX's social media and community channels.

BNX is the platform token of BinaryX, which is used for all activities in the BinaryX ecosystem, including games The application scenarios and IGO incubation funds within. This move to split the token is expected to lower the overall consumption threshold and increase the acceptance of the token by new users, thereby increasing the adoption rate of BNX among a wider population.

Rudy, Head of Growth at BinaryX, said: "BinaryX has seen adoption in many regions of the world in the last year. Our product line has also been significantly expanded. We evaluated the current market situation and concluded that the current price per unit of BNX has a good room for optimization and then better promote BinaryX's economic model and products. We We believe that our community supports us in this decision. The new denomination of BNX will undoubtedly have a positive impact, providing new utility and consumption scenarios, and driving the international coverage and adoption of BNX."

Once BinaryX conducts Token splitting, all consumption scenarios of old BNX will be transferred to new BNX. Splitting will have the same impact on in-game and/or output scenarios (e.g. CyberChess weekly rewards, hero prices).

According to CoinMarketCap data, as of February 9, 2023, the price of BNX is $114.55.

BinaryX launches new games and plans to launch VR/AR games through its IGO platform in 2023

In addition to Token splitting, the BinaryX team also proposed a plan to expand its game types. They will share a brief look at the long-awaited flagship game CyberDragon and the new game Project M. The team also stated that it will introduce games with virtual reality (VR) and augmented reality (AR) as core technologies into its product line later this year, and is actively accepting applications from VR projects, providing financial support and consulting services. Updates will be shared regularly on social media and on BinaryX's community channels such as Twitter and Discord.

Rudy said, "In order to better serve our users, we will be Announcing a series of new games and game updates, including an update for CyberDragon. We will provide a brief introduction to some games soon, so please stay tuned. As always, we thank the holders for their valuable support and look forward to 2023 Disclose all BinaryX exciting projects.”

About BinaryX

BinaryX is a Play-to-Earn chain game CyberDragon and the GameFi platform behind CyberChess, both of which are deployed on BNB Chain.

BinaryX was originally a decentralized derivatives trading system. The project team evolved into developing decentralized video games, and is now transforming into the GameFi platform and offering the IGO service, connecting Web2 developers with Web3 is connected.

As one of the top ten projects on the BNB Chain, BinaryX has more than 100,000 Token holding Huge community of people and 30k monthly active wallet addresses. At the same time, it is also one of the metaverse projects with the largest transaction volume on BNB Chain, with a market value of more than 200 million US dollars. BinaryX's project token is BNX, which has been performing strongly despite the bear market.