BinaryX (BNX): BNX is the platform cryptocurrency of the BinaryX ecosystem. Its application scenarios include DAO and all its products and on-chain games. BinaryX started out as a decentralized derivatives trading system. With the continuous growth of GameFi and Metaverse, the team has gradually developed towards decentralized on-chain games and has completely transformed into the GameFi platform. It has also served as an IGO platform to serve as a bridge between Web2 developers and Web3.
The current market value of $BNX is almost one-tenth of $GALA , and it is optimistic that it will surpass Gala in the future. The short-term price of Bnx is expected to break through 0.7$ in the first wave, and then continue to pull back, with the bottom expected to be around 0.55$.
BinaryX is a decentralized derivatives contract based on Binance Smart Chain and Ethereum. BinaryX adopts an improved automatic market maker (AMM) model, and users can trade Binary options through BinaryX. Both options buyers and AMMs can earn Binary Options Network Tokens (BNX). Users who hold and lock BNX tokens can receive dividends from BinaryX network profits.
