Home / Capital Markets News /GameFi Platform BinaryX Launches Strategy Game CyberChess With $500,000 Prize Pool

GameFi Platform BinaryX Launches Strategy Game CyberChess With $500,000 Prize Pool

23 Sep 2022

On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six months. Analysts claim the pound and euro are trapped in a “doom loop” and it’s also been said that the U.S. dollar is “the only possible hedge” against a failing global economy.

Strange days have found us in the world of finance, fiat currencies, stocks, bonds, and cryptocurrencies. On Friday, September 23, the European Union’s fiat currency the euro has been struggling against the U.S. dollar and slipped below parity as the weekend nears. The euro is currently trading for $0.97 and it tumbled to a low of $0.9732 during the morning trading sessions (10 a.m. ET). The euro has lost more than 1% against the greenback in 24 hours and it’s the lowest it’s been in 20 years.

Bloomberg contributors Sofia Horta e Costa and Ruth Carson recently referenced analysts from Citigroup Inc. and the views of the Canadian Imperial Bank of Commerce. “The surging dollar has caused a lot of people to believe the only safe haven asset is the U.S. currency,” the writers explained last week. The duo received a research note from Citi strategists Jamie Fahy and Adam Pickett who discuss the phenomena surrounding the U.S. dollar.

“The only place to hide is in US dollar cash,” the Citi strategists claim. A “deep recession” will drop inflation the bank’s financial strategists add. Win Thin, the lead currency strategy analyst at Brown Brothers Harriman in New York says the macroeconomic backdrop seems to favor the dollar. “The repricing of Fed tightening risks is likely to keep the dollar bid across the board in the near term,” the Brown Brothers Harriman executive said. Brown Brothers Harriman’s currency strategy analyst continued:

As we said during this most recent dollar correction lower, nothing has really changed fundamentally and the global backdrop continues to favor the dollar and U.S. assets in general.

Strategists at TD Securities believe the euro and pound are stuck in a “doom loop” and the company’s analysts think it may get worse over the next few months. TD Securities strategists working alongside James Rossiter detailed on Friday that the doom loop is caused by weak economic growth and rising energy costs.

The TD Securities analysts think the sterling pound will sink another 3% from current standings. Rossiter and the team at TD say the European Central Bank (ECB) and the Bank of England (BOE) can only do so much.

“While both the ECB and BOE want to slow and eventually reverse this loop, monetary policy can only limit the slowdown significantly ahead of the coming winter,” the currency strategists remarked. “Policymakers can’t produce the needed energy supply.”

What do you think about the euro slipping to $0.9733 against the U.S. dollar and the analysts predictions concerning the fiat currency? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six months. Analysts claim the pound and euro are trapped in a “doom loop” and it’s also been said that the U.S. dollar is “the only possible hedge” against a failing global economy.

Strange days have found us in the world of finance, fiat currencies, stocks, bonds, and cryptocurrencies. On Friday, September 23, the European Union’s fiat currency the euro has been struggling against the U.S. dollar and slipped below parity as the weekend nears. The euro is currently trading for $0.97 and it tumbled to a low of $0.9732 during the morning trading sessions (10 a.m. ET). The euro has lost more than 1% against the greenback in 24 hours and it’s the lowest it’s been in 20 years.

Bloomberg contributors Sofia Horta e Costa and Ruth Carson recently referenced analysts from Citigroup Inc. and the views of the Canadian Imperial Bank of Commerce. “The surging dollar has caused a lot of people to believe the only safe haven asset is the U.S. currency,” the writers explained last week. The duo received a research note from Citi strategists Jamie Fahy and Adam Pickett who discuss the phenomena surrounding the U.S. dollar.

“The only place to hide is in US dollar cash,” the Citi strategists claim. A “deep recession” will drop inflation the bank’s financial strategists add. Win Thin, the lead currency strategy analyst at Brown Brothers Harriman in New York says the macroeconomic backdrop seems to favor the dollar. “The repricing of Fed tightening risks is likely to keep the dollar bid across the board in the near term,” the Brown Brothers Harriman executive said. Brown Brothers Harriman’s currency strategy analyst continued:

As we said during this most recent dollar correction lower, nothing has really changed fundamentally and the global backdrop continues to favor the dollar and U.S. assets in general.

Strategists at TD Securities believe the euro and pound are stuck in a “doom loop” and the company’s analysts think it may get worse over the next few months. TD Securities strategists working alongside James Rossiter detailed on Friday that the doom loop is caused by weak economic growth and rising energy costs.

The TD Securities analysts think the sterling pound will sink another 3% from current standings. Rossiter and the team at TD say the European Central Bank (ECB) and the Bank of England (BOE) can only do so much.

“While both the ECB and BOE want to slow and eventually reverse this loop, monetary policy can only limit the slowdown significantly ahead of the coming winter,” the currency strategists remarked. “Policymakers can’t produce the needed energy supply.”

What do you think about the euro slipping to $0.9733 against the U.S. dollar and the analysts predictions concerning the fiat currency? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. Cronos was also a notable mover today, climbing by nearly 15%.

XRP was higher for a second consecutive session on Friday, as the token moved to a fresh four-month high.

Following a low of $0.3398 to start the week, XRP/USD rose to an intraday peak of $0.5523 earlier today.

As a result of today’s surge, which saw the price climb by over 10%, XRP climbed to its highest point since May 9.

Looking at the chart, the move comes as the token raced past its long-term ceiling of $0.5000, sending the 14-day relative strength index (RSI) to a recent high.

As of writing, the index is currently tracking at 72.57, which is its strongest point since August 2021.

Since earlier highs, XRP has moved lower, as previous bulls appear to have liquidated their positions, securing gains in the process.

Should bears see this as an opportunity to reenter the market, we could see XRP begin to reverse course.

Cronos (CRO) was another notable gainer in today’s session, as the token rose past a key resistance level.

CRO/USD surged to a high of $0.1226 on Friday, which saw prices move beyond their recent ceiling of $0.1145.

Today’s peak is the strongest point that cronos has hit in the past ten days, pushing CRO close to a ceiling of $0.1260.

In addition to the breakout of the recent resistance level of $0.1145, there has also been a breakout of a ceiling of 50.50 on the RSI indicator.

As you can see from the chart, the 10-day (red) moving average also looks to be closing in with its 25-day (blue) counterpart, which could lead to an upwards crossover.

Overall, the token is currently trading nearly 14% higher from the same period last week.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, CRO, Cronos, Cryptocurrency, XRP

Will we see momentum in cryptocurrency markets rise this coming weekend? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility. Cronos was also a notable mover today, climbing by nearly 15%.

XRP was higher for a second consecutive session on Friday, as the token moved to a fresh four-month high.

Following a low of $0.3398 to start the week, XRP/USD rose to an intraday peak of $0.5523 earlier today.

As a result of today’s surge, which saw the price climb by over 10%, XRP climbed to its highest point since May 9.

Looking at the chart, the move comes as the token raced past its long-term ceiling of $0.5000, sending the 14-day relative strength index (RSI) to a recent high.

As of writing, the index is currently tracking at 72.57, which is its strongest point since August 2021.

Since earlier highs, XRP has moved lower, as previous bulls appear to have liquidated their positions, securing gains in the process.

Should bears see this as an opportunity to reenter the market, we could see XRP begin to reverse course.

Cronos (CRO) was another notable gainer in today’s session, as the token rose past a key resistance level.

CRO/USD surged to a high of $0.1226 on Friday, which saw prices move beyond their recent ceiling of $0.1145.

Today’s peak is the strongest point that cronos has hit in the past ten days, pushing CRO close to a ceiling of $0.1260.

In addition to the breakout of the recent resistance level of $0.1145, there has also been a breakout of a ceiling of 50.50 on the RSI indicator.

As you can see from the chart, the 10-day (red) moving average also looks to be closing in with its 25-day (blue) counterpart, which could lead to an upwards crossover.

Overall, the token is currently trading nearly 14% higher from the same period last week.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, CRO, Cronos, Cryptocurrency, XRP

Will we see momentum in cryptocurrency markets rise this coming weekend? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading.

Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides an NFT marketplace where Japanese contents can be converted into NFTs. Its native token PRIMEZTOKEN has been listed on LBank Exchange at 8:00 UTC on September 23, 2022, to further expand its global reach and help it achieve its vision.

Introducing Primez

Japanese content is highly acclaimed worldwide, ranging from traditional art to animation, games, music, contemporary art, and sports. The overseas market for Japanese content has more than doubled in the past 10 years. The largest overseas market by category is anime, followed by online games for smartphone applications, which have grown rapidly, and then print publication and distribution of manga.

The Primez NFT Marketplace will focus on the value of these Japanese contents and convert them into NFT, protecting and enhancing the value of creators active in Japanese culture, and creating a new economic zone not only in the Japanese market but also in the US and Asia.

PRIMEZTOKEN was issued in order to stably operate the PRIMEZ chain as a decentralized platform, a blockchain specialized in the issuance, management, and distribution of NFTs in the Japanese content domain, and designed in accordance with the business model. In addition, the PRIMEZ chain can be connected to multiple blockchains, including Ethereum, and functions as a cross-chain platform that serves as a hub for the issuance and distribution of NFTs.

By establishing a platform for the use of two new types of assets, NFT and cryptographic assets, Primez will introduce Japan’s world-class contents to Japan and overseas using blockchain technology and create a new market.

About PRIMEZTOKEN

Users will enjoy various benefits if they have PRIMEZTOKEN. Unique NFT artworks sold only on Primez marketplace can be purchased with PRIMEZTOKENs. In addition, 5% of Primez sales will be returned to token holders based on the amount of PRIMEZTOKENs they hold and the length of time, calculated every 6 months. They can also support their favorite idols using PRIMEZTOKEN on a new and unique live-streaming site called MetaLive, supported by Primez. Furthermore, PRIMEZTOKENs give them the right to vote in events.

Based on ERC-20, PRIMEZTOKEN has a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 35% is provided for community mining, 20% is allocated for ecosystem development and growth, another 20% is allocated to official management team, another 20% is provided for pre-sale, and the remaining 5% is allocated to advisors.

The PRIMEZTOKEN has been listed on LBank Exchange at 8:00 UTC on September 23, 2022, investors who are interested in the Primez investment can easily buy and sell PRIMEZTOKEN on LBank Exchange right now. The listing of PRIMEZTOKEN on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about PRIMEZTOKEN:

Official Website: http://primez.io

Twitter: https://twitter.com/primez_JP

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals

A bitcoin ATM operator has been indicted in New York for running an illegal business "marketed towards individuals engaged in criminal activity." The district attorney in charge described: "Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk ... read more.

PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading.

Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides an NFT marketplace where Japanese contents can be converted into NFTs. Its native token PRIMEZTOKEN has been listed on LBank Exchange at 8:00 UTC on September 23, 2022, to further expand its global reach and help it achieve its vision.

Introducing Primez

Japanese content is highly acclaimed worldwide, ranging from traditional art to animation, games, music, contemporary art, and sports. The overseas market for Japanese content has more than doubled in the past 10 years. The largest overseas market by category is anime, followed by online games for smartphone applications, which have grown rapidly, and then print publication and distribution of manga.

The Primez NFT Marketplace will focus on the value of these Japanese contents and convert them into NFT, protecting and enhancing the value of creators active in Japanese culture, and creating a new economic zone not only in the Japanese market but also in the US and Asia.

PRIMEZTOKEN was issued in order to stably operate the PRIMEZ chain as a decentralized platform, a blockchain specialized in the issuance, management, and distribution of NFTs in the Japanese content domain, and designed in accordance with the business model. In addition, the PRIMEZ chain can be connected to multiple blockchains, including Ethereum, and functions as a cross-chain platform that serves as a hub for the issuance and distribution of NFTs.

By establishing a platform for the use of two new types of assets, NFT and cryptographic assets, Primez will introduce Japan’s world-class contents to Japan and overseas using blockchain technology and create a new market.

About PRIMEZTOKEN

Users will enjoy various benefits if they have PRIMEZTOKEN. Unique NFT artworks sold only on Primez marketplace can be purchased with PRIMEZTOKENs. In addition, 5% of Primez sales will be returned to token holders based on the amount of PRIMEZTOKENs they hold and the length of time, calculated every 6 months. They can also support their favorite idols using PRIMEZTOKEN on a new and unique live-streaming site called MetaLive, supported by Primez. Furthermore, PRIMEZTOKENs give them the right to vote in events.

Based on ERC-20, PRIMEZTOKEN has a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 35% is provided for community mining, 20% is allocated for ecosystem development and growth, another 20% is allocated to official management team, another 20% is provided for pre-sale, and the remaining 5% is allocated to advisors.

The PRIMEZTOKEN has been listed on LBank Exchange at 8:00 UTC on September 23, 2022, investors who are interested in the Primez investment can easily buy and sell PRIMEZTOKEN on LBank Exchange right now. The listing of PRIMEZTOKEN on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about PRIMEZTOKEN:

Official Website: http://primez.io

Twitter: https://twitter.com/primez_JP

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.info

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals

A bitcoin ATM operator has been indicted in New York for running an illegal business "marketed towards individuals engaged in criminal activity." The district attorney in charge described: "Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk ... read more.

Press Release. BinaryX, a GameFi development platform, announced today the launch of CyberChess, one of the first auto chess strategy games in the GameFi P2E space. CyberChess offers people on Web3.0 new entry points into the world of GameFi.

$500,000 worth in BNX Prize Pool and Heroes Giveaway for CyberChess Launch

To celebrate the launch, BinaryX will commence Season 1 of Ranked mode battles, where players will stand a chance to win up to $500,000 USD worth of prizes in the first 8 weeks of launch. Over the same period, BNX airdrops will be announced and given away via Discord and Twitter.

To get a headstart, players can also stand to receive additional 2 heroes and 2 skills when they enter the code ‘4morechess‘ under the settings option in the game menu.

New Free-to-Play, Play-and-Earn Model

As a free-to-play, play-and-earn web 3 game, CyberChess was designed to allow players to start playing the game without having to make an initial investment. When new players connect to the game for the first time, they can summon 5 free heroes and 2 free skills to start participating in matches with other players.

Players can also recharge or make in-game purchases to summon new heroes and acquire new skills. This model lowers the barrier to entry for players new to GameFi and allows players to enjoy the game for its own sake, potentially earning in-game tokens in the process.

Robust and Transparent Tokenomics

As the third game in the Cyber series, CyberChess adds to the utility of BNX as it offers a new avenue for BNX token holders to consume in-game gold.

The gold consumed in CyberChess goes back to funding the development of our games and to support DAO functionalities for community and resource management in the entire ecosystem. BinaryX provides a transparent look into how the funds are being used on their website.

Explosive Battle Modes and Strategy-based Gameplay

As GameFi continues to mature and evolve as an industry, BinaryX plans to accelerate mass adoption of GameFi by making GameFi games more fun and challenging for players. This includes adding more complicated features and difficulty settings for gamers who want a solid strategy-based gaming experience as well as the earning potential of GameFi.

The gameplay for CyberChess pays tribute to the popular auto chess game format in traditional gaming and is designed to elevate the gaming experience for players in GameFi. Players can participate in two battle modes – Ranked and Arena mode.

In Ranked mode, players get to go head to head in a PvP match to accumulate in-game gold. On the other hand, players battle it out with other players to rise to the top of the leaderboard and take away an attractive prize pool of $BNX in Arena mode.

Read the CyberChess Wiki to learn the gameplay

Addition of In-Game Marketplace

CyberChess comes with its very own in-game marketplace where players can list in-game assets such as heroes and skills in exchange for gold. This means that players have more avenues to upgrade or accumulate more gold.

‘BinaryX created CyberChess to stand out amongst games in the play-to-earn genre. It comes with a more complex gameplay, which makes the game more challenging and fun for players who enjoy traditional strategy games. We’re excited for our fans to start playing CyberChess and to immerse into the new world we created,’ said Chun S., Global Head of Business Development at BinaryX.

Launching as IGO Platform

Earlier this year, BinaryX announced its first IGO partnership. With the launch of CyberChess, BinaryX is poised to roll out its ambitious plans to serve as both a GameFi developer and IGO platform.

‘The goal is to be a home ground for gamers, developers and investors to access and interact with GameFi. We aim to be the frontrunner in the space and we have a ton of exciting IGO projects coming up. Launching our IGO platform is the next step,’ Chun said.

Watch the Trailer

https://youtu.be/9iNzqbr7VnA

About BinaryX

BinaryX is the GameFi platform behind the play-to-earn games CyberDragon and CyberArena, both of which run on the BNB chain.

BinaryX began as a decentralised derivative trading system. Recognising the burgeoning popularity of GameFi and interest in the metaverse games, the team gradually evolved into developing decentralised video games, and is now transitioning to becoming a GameFi platform offering IGO services to bridge Web2 developers to Web3.

As one of the top 10 projects on the BNB Chain, BinaryX has more than 100k coin holders and 15K monthly active wallets. It is also one of the largest metaverse projects by trading volume on the BNB chain, with more than 300 million in market cap. BinaryX also has a token, $BNX, that has consistently demonstrated strong performance despite the bear market.

For more details and information about BinaryX, please visit www.binaryx.pro

BinaryX | Twitter | Discord | Telegram | YouTube | Medium

Contact

Communications Lead

 

 

 

 

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale

Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.

Source From : News

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