Follow Us

Binamon To Release Its First Play-To Earn Game on August 28: Sets Sight on Leading the Market

Share on facebook
Share on twitter
Share on linkedin

Share

Share on facebook
Share on twitter
Share on linkedin
  • The introduction of blockchain technology and NFTs has changed the way people think about gaming
  • Binamon and other blockchain gaming startups aim to transform online gaming
  • Binamon was in town to promote the launch date for its first earn-to-play game

According to research published by VentureBeat, blockchain and non-fungible tokens (NFTs) are converting gamers into investors. A closer examination reveals that the report is not far from the truth. The introduction of blockchain technology and NFTs has completely changed the way we think about games. To give you an indication of how quickly the gaming industry is growing, blockchain gaming startups raised about half a billion dollars ($476 million) in the first half of 2021. Binamon and other blockchain gaming startups aim to transform online gaming. Binamon just announced the launch date of its first play-to-earn game.

Binamon’s Earn-As-You-Play Game

Imagine being able to earn money while playing a game you adore. This is unquestionably paving the way for the next generation of gaming. Binamon will start its play-to-earn game for the entire public to participate in on August 28, 2021. Gamers will be able to play, enjoy, and earn money in an easy and gratifying manner. The play-to-earn game is coming out at the opportune time, with Binamon NFTs already selling for $50,000.

The Binamon game has already been tested by a number of significant industry influencers, who gave it an 8.5/10 grade. This rating places the Binamon play-to-earn game in the same category and level as Axie Infinity, the first NFT-based game to exceed $1 billion in sales, for a blockchain-based game. Binamon, on the other hand, has a market capitalization of $15 million. This indicates that the game has gotten off to a strong start.

Binamon is a play-to-earn game that blends adventure, speed, and skill on a fun route where players kill monsters. The player will employ a specific element combination to defeat any monster. The player will be rewarded for his or her input or effort whenever a monster is eliminated. This award is redeemable for real money. As the game progresses, players will receive better and better rewards.

You must have a monster NFT in order to play the Binamon game. Unlike Auxie Infinity, the number of Binamon tokens in circulation is extremely limited. This is because the tokens are burned every time an NFT is issued, and the currency’s fixed supply ensures a high level of rarity.

The Binamon Token is a digital representation of the(BMON)

Because BMON is a deflationary token, its value and that of Binamon NFTs are predicted to rise over time. In the Binamon universe, certain NFTs have sold for more than $50,000. This is due to the fact that the more formidable the monsters are, the better the benefits for the owners will be. Binamon, a play-to-earn game produced entirely in Unreal Engine and affiliated with Catness Game Studios, one of Europe’s most prominent video game studios, is unquestionably on the right route.

The Binamon Ecosystem in Context

Binamon is a blockchain-based, NFT-based online gaming platform. It’s a digital monster-themed gaming metaverse in which players must battle and vanquish monsters in order to receive BMON token rewards. Gamers would have to open their Binamon packs to reveal their Binamon on the platform. They can use Binamon to play games, trade them, or stake them in order to acquire BMON tokens. Players can also compete with their Binamons for the chance to win Binamon tokens.

Gamers can also stake their Binamons and earn passive revenue on their staked Binamons while sitting back and relaxing. Since its start, players have earned over $1.5 million in Binamons, with over 280k Binamons manufactured and over 47k BMON token holders.

Leave a Reply

Your email address will not be published. Required fields are marked *

Download our App for getting faster updates at your fingertips.

en_badge_web_generic.b07819ff-300x116-1

We Recommend

Top Rated Cryptocurrency Exchange

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00