BNX to undergo 1:100 split to give major boost of investor confidence for BinaryX games and products

Singapore, Singapore, 9 February 2023, Chainwire

Binary XGamefi and the IGO platform announced today that they will split their token, BNX. This decision was made after the project team conducted his DAO vote and received overwhelming unanimous support (99.5%) to implement the split. The exact timeline of the split will be announced soon on BinaryX’s social media and community channels.

BNX is BinaryX’s platform token and will be used as a utility token for all activities on the BinaryX ecosystem, including games and incubation funds. The move to split the token is expected to lower the overall spending threshold and increase acceptance of the token for new users, thus increasing adoption of her BNX among the broader crowd. .

“Last year, BinaryX has seen increased adoption in many regions of the world, and our product line-up has expanded significantly. We have concluded that we can optimize the current price per unit of BNX.We are confident that the community will support this decision.The new name of BNX will undoubtedly have a positive impact and It will provide new utilities and consumption scenarios, facilitating wider adoption of BNX.” BinaryX Head of Growth Rudy said:

When the BNX is split, all consumption scenarios of the old BNX will be transferred to the new BNX. Splits have the same impact on in-game and/or output scenarios (CyberChess Weekly Winnings, Hero Prices, etc.).

data shows that as of February 9, BNX is priced at $100.50. coin market capitalization.

BinaryX has announced new games and plans to push VR/AR games through the IGO platform in 2023.

In addition to the BNX token split, the BinaryX team has also announced plans to expand its offering of numerous games. They share a long-awaited update to their flagship game, CyberDragon, and a preview of their new product, Project M. The team also announced their intention to introduce virtual reality (VR) and augmented reality (AR) games into their games. will launch its product line later this year and is actively accepting applications from VR projects to provide funding support and advisory services. Updates are regularly shared on social media and BinaryX’s community channels such as Twitter and Discord.

“We will be releasing a series of new games and game updates throughout the year, including updates to CyberDragon, to further enhance it for our users. As always, we thank our owners for their valuable support and look forward to announcing all our exciting projects in 2023.” Rudy said.

About BinaryX

BinaryX is the GameFi platform behind the games you play and earn. cyber dragon and cyber chessboth run on the BNB chain.

BinaryX started as a decentralized derivatives trading system. The team has gradually evolved into developing decentralized video games and is now moving towards offering the GameFi platform. IGO service Bridge Web2 developers to Web3.

As one of the top 10 projects on the BNB chain, BinaryX has a vast community of over 100,000 coin holders and 30,000 monthly active wallets. It is also one of the few Metaverse projects with a market cap of over 250 million and top trading volume on the BNB chain. BinaryX also has the token BNX, which has consistently shown strong performance despite the bear market.

For more information and information about BinaryX, please visit:

BinaryX website | | BinaryX Medium | | About the BinaryX Deck

Our Social: discord | | telegram | | twitter

check out our games website and Youtube

contact

Communications Lead, Sam K., BinaryX, [email protected]

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