BinaryX BNX Price $ 0.994

BinaryX is a blockchain-based gaming platform that is built on the BNB Chain. The platform is designed to be a comprehensive hub for the GameFi industry and allows developers to create and launch projects with cryptocurrency integrations. 

It hopes to encourage the growth of the gaming and blockchain sectors through its products and by developing a GameFi service platform. This includes an NFT trading platform, a high-speed sidechain created specifically for gaming, IGO platform, and a game development platform. It has a broad target audience, including game developers, gamers, and general crypto ecosystem participants.

What are BinaryX’s key features and how does it work?

As mentioned, BinaryX comprises a range of products targeted toward improving the blockchain gaming sector. For example, the IGO functionality allows holders of BNX to participate in IGOs hosted on the platform. The platform also consists of a DAO. The DAO is responsible for everything related to the governance of BinaryX. This includes determining the rights of voters based on token holdings, as well as the ability to propose and discuss upgrades for the platform.

What is noteworthy about BinaryX?

One of the most notable launches of BinaryX is CyberDragon. It is an online game where players can recruit heroes, challenge dungeons, and upgrade their hero levels to create stronger players. The aim of the game is to defeat the final boss, the Cyber Dragon. In order to start playing the game, users must have a wallet compatible with Binance Smart Change. CyberDragon is a multi-token game, BNX is a core part of which.