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GameFi: BinaryX's 2nd Anniversary Roundtable

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The team plans to launch a new game, Project Matthew, this year and introduce games with virtual reality (VR) and augmented reality (AR) as core technologies into its lineup.

BinaryX has announced that it will host a two-year anniversary roundtable online on May 18, which aims to bring together industry experts and community members to discuss GameFi's opportunities, challenges and future development. The event will feature three roundtables on different topics, covering GameFi, Web3 market trends, AI and VR technology, and investment in on-chain games.

In a roundtable (I) entitled "GameFi Performance Assessment for the Head Chain", BinaryX partners will assess and share their views on the performance of on-chain games, discuss the characteristics that have emerged in the development and evolution of on-chain games over the past year, and express their vision for the future.

The second round table, themed "Web3 Opportunities, Challenges and Disruptive change-makers", will focus on the challenges and opportunities facing GameFi and IGOs, and share experiences and perspectives on the token economy, community governance, game design and marketing. There will also be a discussion on trends such as the emergence of AI and VR and whether it will bring about a disruptive change in the market.

In the final round table (III) with the theme "Speculative Orientation -- Web3 Games to Watch in 2023", VCS and Labs will share their observations on the market outlook and trends and share them with the audience

Evolution and development of BinaryX

BinaryX, the platform behind the Play-to-Earn games CyberDragon and CyberChess, has evolved from a decentralized derivatives trading system to a GameFi platform, Provides IGO services for Web2 developers to connect to Web3.

In 2022, during the evolution of the project team, BinaryX released a number of decentralized video games, including CyberChess and Rh! noX Soul Token, as the first Soulbound SBT (Soulbound Token) launched on the BNB Chain.

That same year, BinaryX saw steady user growth. As one of the most traded metaverse projects on BNB Chain, BinaryX has a market cap of over $200 million and a large community of over 100,000 Token holders and 30,000 monthly active wallet addresses. Its project, Token BNX, performed strongly, registering a 700% increase in price and an all-time high market cap of $457 million.

In February, BinaryX announced that it would spin off its Token BNX, a move that would increase the adoption rate of BNX by lowering the overall consumption threshold for users and increasing the acceptance of tokens by new users.

This year is more about the type of game projects that are being invested in and prioritized.

The team also plans to expand the variety of games this year by launching a new game, Project Matthew, introducing games with virtual reality (VR) and augmented reality (AR) as core technologies into its product line, and actively providing financial support for VR project incubation and consulting services.

Invitation to an event for the official team

2023 will be a great year for BinaryX users to look forward to. BinaryX is committed to achieving steady growth through innovation while delivering a better user experience, with new projects in the pipeline and an optimized service range.

Rudy S, head of growth at BinaryX, has repeatedly thanked the industry and the community for their support of the platform. The team said that the second anniversary roundtable will be a rich and engaging event, and extended an invitation to anyone interested in GameFi and IGOs to see the unexpected sparks of knowledge sharing and insights between industry experts and community members at the event.