BinaryX (new) Price (BNX)

BinaryX (new) (BNX) Price Now

BinaryX (new) price today is $1 with a 24-hour trading volume of $49,182,070. BNX price is down -0.52% in the last 24 hours. It has a circulating supply of 362.12Mil BNX tokens and a max supply of 2.1Bil.
In order to search for real-time and historical information about BinaryX (new) (BNX) blockchain, including data related to blocks, transactions, addresses, and more, you may use BinaryX (new) (BNX) block explorers. Here are some of the most popular and useful BinaryX (new) (BNX) blockchain explorers out there:

• bscscan.com

What Is BinaryX(BNX)?

BinaryX aims to introduce high quality games to Web3 and the metaverse. Developing their own games such as CyberChess and CyberLand. They are constantly re-assessing and optimising the tokenomic models of games to provide a good gaming experience for users. 

BinaryX is a crypto game platform listed on Binance and Gate.io. Currently, BinaryX is running a game called CyberDragon which they have developed from scratch (https://www.binaryx.pro/). BinaryX is a large on-chain online game platform on BNB Chain. As of November 2021, there were more than 100k addresses held on the chain, a total supply of 21 million tokens, and a current circulating market cap of $540 million. CyberDragon is currently one of the most popular P2E (Play-to-Earn) game globally with huge returns for most of our loyal players. The gameplay includes Mining, PVP, PVE and they have just only recently launched their Decentralized Autonomous Organization (DAO) system. BinaryX is the first game globally to launch DAO, where players have the power to vote and decide the future path and developments of the game. 

How Does BinaryX Work?

Although the metaverse and GameFi fields are developing rapidly, we still believe that the industry's infrastructure is still in its infancy stage. In the traditional game industry, game developers have the freedom, tools and advantage of a strong infrastructure for gaming development. For example: Unreal Engine and Unity Engine that provide development tools for developers, Steam and Epic Games Platform for game publicity and sales channels, AWS and Google Cloud that provide hardware support for online games, WCG and ESL providing tournaments and exhibitions platforms. A mature industry chain will provide strong support for game developers, allowing developers to focus on game creativity and design. In the fields of Metaverse and GameFi, when the industry infrastructure is still in the initial stage, game developers need to complete these tasks by themselves, which increases the difficulty for developers to build a Metaverse or GameFi project and distracts them from their original goal of focusing on developing successful products.

BinaryX will be looking to provide a comprehensive layout in the GameFi industry. By establishing a comprehensive GameFi basic service platform, it will serve all GameFi developers and promote the development of the entire industry. In their plan, they are looking to provide developers with a series of basic services including: a more powerful NFT asset trading platform, a high-speed sidechain specially optimized for GameFi business, an IGO (Initial Game Offering) platform that helps excellent games raise and attract traffic, and a development platform for other GameFi teams to develop and optimize their projects. In addition, BinaryX will continue the development of self-developed games and launch multiple metaverse games in the next year.

What Is BNX Token? 

BinaryX has a multi-token economic model, the main platform token BNX and dual sub-tokens Gold and Crystal. As the BinaryX platform token, BNX can be used as a settlement unit in all its games and applications, and as a governance token, BNX can be used to secure voting rights of DAOs in the platform. 

Steps to convert old BNX to new BNX:

Auto conversion:

• For users who keep their BNX on centralised exchanges, no action would be required. The old BNX will automatically be converted to the new BNX for users after the split commences.
• The team in touch with CEXs to assist them in changing out the old BNX contract address to the new BNX contract address over the next few weeks. If you have not yet received the new BNX, please be patient as the roll out will take some time across all centralised platforms.

Manual conversion:

Action required for holders on the following:

• Decentralised exchanges
• Cold wallet
• App wallets (e.g. Metamask, Trust Wallet)

To convert to new BNX, holders will need to do the following:

• Step 1: Go to Converter landing page here
• Step 2: Connect your Wallet
• Step 3: Click "Replace" button to convert old BNX to new BNX
• Step 4: Sign and receive new BNX
• Step 5: Add New BNX Address into Wallet to see the new tokens

Liquidity Pool on DEXs (LP): For holders who have staked their BNX on Decentralised exchanges, any BNX withdrawn from the staking pool will need to be converted to the new BNX by the holder.

• To begin the BNX conversion, holders first need to remove their LP from DEXs such as PancakeSwap. Once that is done, they can convert the BNX to new BNX using the same steps mentioned for manual conversion above (Step 1 to 5).

BinaryX (new) (BNX) Community

• Twitter: https://twitter.com/binary_x
• Discord: https://discord.gg/bnx
• Medium: https://binary-x.medium.com
• Telegram: https://t.me/binaryxGlobal

What is BinaryX (new) (BNX) Contracts address?

• BNB Chain(BEP20): 0x5b1f874d0b0C5ee17a495CbB70AB8bf64107A3BD