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Singapore, Singapore, 19 Oct 2022, Chainwire
Binary Xthe GameFi development platform announced today its official launch Rhino X Roadmap to Unlock New and Exciting Use Cases for soul token In the Web3 space. The roadmap follows his RhinoX ambitious plan to develop a soul breeding mechanism that will give existing RhinoX token holders the ability to breed a second generation of his NFTs from existing his NFTs. is clarified.
The Soulbound token concept was first introduced by Ethereum founder Vitalik Buterin. He envisioned a blockchain-backed, non-transferable NFT that could be used to represent an individual’s identity in the metaverse. RhinoX is inspired by that concept.
Earlier this year, the RhinoX team launched the first iteration of the RhinoX NFT. This is now known as the first generation Soulbound NFT. It is tied to a credit rating system and a behavioral analytics model that tracks key user data. A reward mechanism is also applied, with RhinoX holders enjoying certain benefits depending on their level of activity and milestone achievement.
According to the roadmap, RhinoX will enter a new stage of development with a complete ecosystem and some great features.
existing in the ecosystem credit rating system and behavioral analysis models. Apart from that, the team plans to introduce the ability to breed new 2nd generation NFTs. 10,000 1st generation RhinoX NFT sold out in June this year.
The second-generation NFT is called Baby RhinoX and has a variety of use cases such as building social identities and collecting assets.
Personalization is the key to self-identification. We want RhinoX to be a canvas for creative design to come to life. We hope that you will feel a greater sense of ownership of NFTs. said Chun, Global Head of Business Development at BinaryX.
RhinoX will also launch a new social platform called RhineT. RhineT becomes a secure space for users to connect and interact with each other on her Web3.0. Users can perform actions such as browsing someone’s girlfriend’s NFT collection, connecting with other users, and chatting on the platform. Users on the platform are authenticated through their ownership of RhinoX tokens.
In the second half of 2023, the project plans to establish cross-chain interoperability, allowing data and value to be moved between RhinoX and other popular NFT projects. This opens up new avenues for interaction and collaboration between Rh!noX and partners running on multiple chains.
These are difficult times for the NFT market, but there is a silver lining. We are under pressure to innovate and create a more sustainable environment for RhinoX owners. We are looking forward to it and look forward to being the first platform to work towards this,” Chun said.
RhinoX’s credit rating system is expected to go live in Q1 2023. This system will be the foundation of the Rh!noX ecosystem, creating new NFT use cases and applications in the Web3 space.
RhinoX is the first soulbound token built on the BNB chain. Set within a unique digital environment based on a credit rating system, RhinoX NFTs implement a Soulbound mechanism that acts as a Soulbound token that reflects a user’s identity, credibility, and social status.
RhinoX holders have access to exclusive features and benefits across the blockchain space, depending on their credit level. RhinoX aims to develop the utility of NFTs and enhance global digitization, attracting both NFT enthusiasts and non-NFT enthusiasts by providing the benefits of a trusted digital identity.
BinaryX is the GameFi platform behind Metaverse games. cyber chess When cyber dragonboth run on the BNB chain.
BinaryX started as a decentralized derivatives trading system. Recognizing GameFi’s rapid popularity and interest in Metaverse games, the team gradually evolved into developing decentralized video games and now offers his IGO service that bridges Web2 developers to his Web3. We are moving to his GameFi platform.
As one of the top 10 projects on the BNB chain, BinaryX has over 100,000 coin holders and 15,000 monthly active wallets. It is also one of the largest Metaverse projects by trading volume on the BNB chain, with a market capitalization of over 300 million. BinaryX has the token $BNX and has consistently shown strong performance despite the bear market.
contact
Communications Lead, Sammi K., BinaryX, [emailprotected]
