• Skip to main content
  • Skip to secondary menu
  • Skip to footer

GameTech Market

gaming market research

  • About
  • GameTech Calendar
  • Sponsored Post
    • Make a Contribution
  • Contact

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

June 13, 2021 By admin Leave a Comment

BUENOS AIRES, Argentina – 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 collectable 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.

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.

Source: Binamon

Filed Under: Games

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published.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

Footer

Media Partners

  • Technology Conferences
  • Event Sharing Network
  • Defense Conferences
  • Cybersecurity Events
  • Event Calendar
  • Calendarial
  • Event Market
  • Blockchaining
  • Domain Aftermarkets
  • Press Media Release
  • App Coding

Featured Posts

  • 1047 Games raises $100M at $1.5B valuation
  • Warner Bros. Games and DC Announce Gotham Knights
  • GameTech Market 2019, December 19 2019, Tel Aviv
  • Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners
  • Wizards of the Coast Announces DARK ALLIANCE
  • Amazon Games and Smilegate RPG’s Lost Ark Launches in North America, Europe, Latin America, and Oceania
  • GDC 2022 Returns to San Francisco as an In-Person Event March 21 – 25, 2022
  • E3 2020, June 9-11 2020, Los Angeles
  • Nintendo Download: Indie Games Sale!
  • LG Smart TVs To Get Stadia Cloud Gaming In Late 2021

RSS Gaming Domains

  • ebyte.org, domain name for sale
  • Bootstrapping.org, domain name for sale
  • Ancient Rome Metaverse: AncientRome.org, domain name for sale
  • Squid Eat Squid: SquidEatSquid.com
  • Meta XR Gamewares: MetaXRgamewares.com, domain name for sale
  • VXMG.com, domain name for sale
  • Aeonic.org, domain name for sale
  • blockchaining.org, domain name for sale
  • G4N.org, three character domain name for sale
  • WebNation.org, domain name for sale

Copyright © 2019 GameTechMarket.com

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT