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What is Binamon (BMON) token?

What is Binamon (BMON)?
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Blockchain games have been on the rise for some time now and several ambitious projects are emerging and gaining ground in the decentralized ecosystem. The blockchain gaming business has not yet reached its full potential. However, prospects for the coming years are promising.

What is Binamon?

Binamon is a metaverse full of digital monsters. Its interesting structure allows participants to interact with technology blockchain in a fun, transparent and safe way.

Furthermore, Binamon is a multiplayer blockchain game where users benefit from a wide range of products and services, benefiting players, token holders and the blockchain community as a whole.

Currently, the gaming project is live on Binance Smart Chain where millions of participants can enjoy a unique gaming and NFT experience. Behind Binamon's dynamic algorithm is a central play-to-win concept where players would receive BMON tokens for various in-game activities.

The game was built on the renowned Unreal Engine, responsible for AI graphics technology from Epic Games that gave us gems like The Last of US Ⅱ, Call of Duty Black Ops Ⅲ, Street and Fortnite. Binamon's mobile app is equipped with an encrypted wallet, facilitating the P2P transaction of $BMON on the marketplace.

Furthermore, the application is also very efficient in monitoring different currency classes in the crypto market;

in the metaverse of binamon game, players have the opportunity to gather monsters while enjoying Battle Royale mode, multiplayer play, wagering rewards and collectible Binamons.

Monsters are equipped with 4 distinct features, allowing all players to enjoy an exciting gaming atmosphere. Also, they are classified in terms of attack skill, class, horn power and element. Given a specific combination of traits, some monsters are worth more than others on the market.

Participants also have the opportunity to create their own monsters or Binamons via a smart contract to certify the ownership and authenticity of the NFT. Additionally, there is an algorithmic cost directly associated with creating each Binamon. The cost is directly proportional to the difficulty of generating the characteristics of each Binamon and the total amount of tokens used to generate it.

NFT will be coined exclusively using BMON tokens and through a smart contract labeled Booster. Typically, NFTs are produced randomly through a series of math equations, allowing the Booster to coin 3 unique and powerful Binamons.

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BMON Token

BMON is the platform utility token responsible for the well-being and fluidity of all transactions within the Binamon ecosystem. Described as the divine particle, BMON was the catalyst for Binamon's birth and current rise to the top of the decentralized game.

Initially, during the seed round that took place on June 12th, the price of the token was 0,0000283 BNB exactly. However, after the presale round that took place 2 days later, the token was valued at a price of 0,00003846 BNB.

All revenue received from the latest platform token sales is being allocated to:

  • 20% in development
  • 20% for marketing purposes
  • 20% for expenses incurred during operations
  • 40% in the liquidity pool

How does Binamon Gameplay work?

Binamon's unique gameplay is quite simple as it follows a play-to-win concept. Players mainly need to collect monsters or Binamons, which can also be exchanged between players and wagered to earn BMON tokens. A battle mode is defined, which allows players to pit their Binamons against each other to earn $BMON.

Finally, a multiplayer mode where users can enjoy Binamon's rich environment with friends and family. An adventure mode is coming soon, with even more features and richer open world gameplay.

Battle Mode

binamon

  • battle to win
    Build a team and fight monsters, with the opportunity to earn incredible rewards in the process. Also, in battle mode, players will be able to fight each other by betting BMON tokens, where the winner takes the prize.
  • Firing Mechanism
    Battles will be fought between Binamons of the same class, as the fight is resolved by an intelligent contract. A small percentage of the tokens will be burned.
  • good incentives
    The more powerful Binamon has a greater chance of winning, but the weaker will receive a greater reward if they win.

Game Made for Multiplayer

  • Developed by BMON
    Binamon is a multiplayer adventure game whose economy will be powered by the BMON token.
  • in-game assets
    Players will be able to create assets and sell them on the market. Assets will have the ability to increase the power of Binamons.
  • Trade Zones
    There will be trading zones within the game for players and content creators to buy and sell assets.
Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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