BinaryX (BNX) Project Analysis

1. Research Comment

BinaryX was initially positioned as a decentralized derivative contract based on the Binance Smart Chain and Ethereum. Users can conveniently trade binary options through BinaryX and adopt an improved automatic market maker model. At present, the project has added gamefi function and launched blind box products. The game graphic design is exquisite. As a result, the number of active players has skyrocketed in the past few days, as well as the token price. However, games will produce a large number of tokens later, which will have a certain selling pressure on the market. This is a point you need to pay attention to. The token economics of the game is under development.

2. Recent Flashpoint

Launch of gamefi function

3. Project Introduction

BinaryX is a decentralized derivative 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 option buyers and AMM can obtain Binary options token (BNX). Users who hold and lock BNX tokens can receive dividends from the profits of the BinaryX network.

4. Token Roles

• Game blind box
• Liquidity mining

BinaryX (BNX) Basic Information

Token name: BNX

Project website: https://www.binaryx.pro/#/

Block query:

https://bscscan.com/token/0x8c851d1a123ff703bd1f9dabe631b69902df5f97

CoinW Research

August 25, 2021