BinaryX just announced the launch of its non-fungible token collection (NFTs). Rh!noX is a 10,000-piece NFT collection that allows users to use the Rh!noX avatar on the BNB Chain’s GameFi and Defi applications. The ‘Soulbound’ relics from World of Warcraft inspired the series. It also employs a similar method by linking NFTs to the interactions of their holders. As a result, they become really distinctive.
Holders of Rh!noX soulbound tokens will have access to new GameFi tokens and BNB chain NFTs, among other benefits. They will also get access to unique beta testing opportunities for video games, NFT whitelists, DeFi initiatives, and unsecured credit loans.
The project will examine each Rh!noX Soulbound currency and track user activity on the BNB blockchain using an on-chain behavioral analysis system. By producing a credit score, this operation will decide how many benefits and advantages a Rh!noX NFT holder will get.
BinaryX will execute a Fair Dutch Auction for the Rh!noX auction on June 6 at 12:00 UTC. Participants must have at least 13 BNX and petrol money to be qualified for the tournament.
About BinaryX
The company behind the BNB chain-based play-to-earn games CyberDragon and CyberArena is BinaryX. The project began as a decentralized derivative trading system before expanding into GameFi and the Metaverse. One of the company’s games is CyberDragon, a dual-token fantasy RPG. Players may recruit heroes for BNX in the Cyber Series NFT, while dungeons are conquered for GOLD.
The $BNX, BinaryX’s governance token, serves as the platform’s medium of exchange. $BNX tokens may be used for a range of game and platform functionalities, such as hero recruiting and marketplace transactions. Furthermore, all $BNX holders are eligible to vote in the project’s DAO and engage in discussions on the project’s future.
$BNX is the seventh largest GameFi project on the BNB network in terms of token holders as of June 2022. It is also the fourth most traded Metaverse project in terms of volume. Binance, KuCoin, Gate.io, MEXc Global, Bitrue, and PancakeSwap, among others, have listed the $BNX coin.
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