Coinopening
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Coinopening
No Result
View All Result
Home Press Release

Welcome to Binamon; A Gaming Universe of NFT Digital Monsters on BSC

by Press Release
June 13, 2021
in Press Release
0
Welcome to Binamon; A Gaming Universe of NFT Digital Monsters on BSC
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Binamon is an NFT and blockchain-backed gaming metaverse where users can enjoy collecting digital monsters and have fun in battle royales using them. Contrary to collectible card games’ norm of leveraging the Ethereum blockchain, Binamons live on the Binance Smart Chain. 

The platform has several admirable gaming modes, ranging from collecting Binamons, Battle rounds and Multiplayer. Moreover, users can stake their NFT Binamons to earn mouth-watering returns. Gaming on blockchain technology with NFTs has never been more fun and easier than it is with Binamon.

The Binamon universe has its native token, the $BMON BEP-20 token. Minting $BMON generates the BEP 721 NFT Binamons that gamers can battle with via smart contracts dubbed Booster. 

Related articles

LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond

Watch Movies and Earn Rewards with Moflix AI – A Pre-eminent Movie Streaming Platform

A Metaverse of Digital Monsters 

Living on the Binance Smart Chain, NFT Binamons are digital monsters that come in different characters, including Attack, Element, Class and Hompower. Each Binamon character harbours its power and resiliency within the game. Additionally, the characteristics determine both the intrinsic and market value of a digital monster.

Binamon the game uses Epic Games’ AI graphics technology, Unreal Engine. A die-hard gamer that acknowledges the engine is quite familiar with titles like Fortnite, The Last of US Ⅱ, Call of Duty Black Ops Ⅲ, Street Fighter V and Final Fantasy Ⅶ(The Remake).

The Binamon mobile app will offer gamers a digital wallet to hold their $BMON tokens. The wallet facilitates a P2P marketplace for investors who prefer to trade their tokens across the metaverse. You can also use the mobile app to monitor the number of tokens you own, not leaving behind $BMON transactions.

Battle with NFT Binamons and Earn $BMON 

As mentioned earlier, these NFTs are acquired via minting the $BMON token. The process brings forth 3 Binamons that are distinct in both powers and features. Probability calculations are the determinant factor to separate the features of the Binamons after the minting process is done.

You can wage your $BMON tokens to battle other users in a winner takes all battle mode. A dismal percentage of the tokens will be burned during matches while smart contracts oversee matches. If you are worried that you cannot punch above your weight class, do not panic; matches are set up with Binamons of the same class. 

Binamon Tokenomics

Since the platform works on the BSC, below is the breakdown of how its tokens are distributed;

  • Token Ticker- $BMON
  • Total $BMON supply- 300 Million
  • The initial number of $BMON in circulation- 150 Million
  • Initial Market Capitalization- 7500 BNB
  • Total Market Cap(Diluted)- 15000 BNB
  • Seed Round Participation totals- 1500 BNB
  • Presale Participation totals- 2500 BNB

The sales round dates and numbers are as follows;

  • During the seed round, the token’s price stood at 0.0000283 BNB. It took place on June 12th at 18:00 UTC.
  • The presale round is set to go down on June 14th at 15:00 UTC, with the token’s price valued at 0.00003846 BNB.

Binamon plans to use the funds reaped from the sales in the following manner,

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

Token Allocation

Of the total supply of $BMON tokens

  • 20% will fund the staking pool
  • 17% is set aside for the seed round
  • 10% will oversee the development of the Binamon ecosystem
  • 11% will serve the liquidity pool
  • 10% serves the marketing needs for Binamon
  • 22% goes to the Private sale
  • 5% will account for advisors 
  • Last but not least, the Binamon team takes up 5%

All the tokens utilized through the Booster Smart Contracts, 0.1% used in gaming battle modes and 10% of those collected in tournaments, will be burned. 90% of the tokens collected in tournaments are up for grabs for the winners. 

Additionally, the game will occasionally hold a lottery where gamers who participate can walk away with special upgrades for their Binamons. Some of the tokens taken up during the lotteries will be burned as well.

About Binamon.org

Based in Argentina, Binamon LTD is a gaming platform that uses blockchain technology leveraging the Binance Smart Chain. It focuses on digital monsters that become alive on the BSC as NFT.

The blockchain-gaming x NFT platform is giving away a grand prize of NFT Binamons worth $1M for the early worms on its project. To find out how to participate, visit gleam.io/zr4yJ/binamon-usd-1000000-on-nft.

For more info on acquiring physical Binamon NFT digital monsters and the platform’s well-planned roadmap, click here.

Follow the Binamon community on Telegram at https://t.me/binamonchannel and Twitter at https://twitter.com/binamonok.

Related Posts

LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond
Press Release

LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond

February 8, 2023
Watch Movies and Earn Rewards with Moflix AI – A Pre-eminent Movie Streaming Platform
Press Release

Watch Movies and Earn Rewards with Moflix AI – A Pre-eminent Movie Streaming Platform

February 8, 2023
BC.GAME Announces Winner of Brand-New Tesla in their Coco’s Mega Giveaway Event
Press Release

BC.GAME Announces Winner of Brand-New Tesla in their Coco’s Mega Giveaway Event

February 7, 2023
OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform
Press Release

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform

February 7, 2023
Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program
Press Release

Join the Revolution: Invest in STARSTAKING for 25% APY and the Chance to Win Big with the DeFi Lottery Program

February 7, 2023
Bumper Protocol Accelerates Development of Crypto Price Protection with Commissioning of Digital MOB
Press Release

Bumper Protocol Accelerates Development of Crypto Price Protection with Commissioning of Digital MOB

February 7, 2023

POPULAR NEWS

Top 10 NFT marketplace on BSC

Top 10 NFT marketplace on BSC

June 1, 2021
Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

June 1, 2021
OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

August 23, 2021

Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

October 25, 2021
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022

EDITOR'S PICK

GOmetalaunch Concluded Seed Sales, Plans For The Future

GOmetalaunch Concluded Seed Sales, Plans For The Future

March 21, 2022
Three Arrows Liquidators Seek to Subpoena Co-Founders Zhu and Davies by Alternate Means

Three Arrows Liquidators Seek to Subpoena Co-Founders Zhu and Davies by Alternate Means

October 18, 2022
Bitcoin Miner Bitfarms Pays Down $27M of Debt

Luxor Starts First-of-Its-Kind Bitcoin Mining Rig Marketplace for Large-Scale Orders

February 2, 2023
Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached

Alameda-Backed Crypto Trading Firm 3Commas Says It’s Pretty Sure It Wasn’t Breached

November 23, 2022

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
  • FTX Lawyers Sullivan & Cromwell Bill $7.5M for First 19 Day's Bankruptcy Work
  • LCX Gains Regulatory Approval For First 10 Million Euro Tokenized Bond
  • Will the SEC Convince a Court It’s Right to Label These Tokens as Securities?
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 coinopening.com

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 coinopening.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003680-6.82%
  • lympoLympo(LYM)$0.004392-4.43%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • StacyStacy(STACY)$0.0007100.00%
  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%