BinaryX(BNX coin) is a decentralized derivative contract based on binance smart chain and Ethereum. BinaryX uses an improved automated market maker (AMM) model that allows users to trade Binary options through BinaryX. Both the option buyer and the AMM can receive the Binary Option Network token (BNX). Users who hold and lock in BNX tokens receive a share of BinaryX network profits.
Cyber Dragon is a money-making game based on binance smart chain. The game is powered by the BinaryX team. Players can create characters, collect rare equipment, and challenge dungeons. The final challenge is to defeat the ultimate leader, Cyboron. The hero who defeats the dragon will be rewarded with the Dragon Treasury.
BNX is the governance token for Cyber Dragon. BNX token holders can participate in community governance and vote on major game decisions. Some of the game's key actions cost BNX tokens, such as creating heroes, crafting rare items, challenging Boron dungeons, and some of the top dungeons.
BNX launched its main network on 7 May 2021. The total number of tokens is capped at 21 million. After the initial mining, a total of 1.7 million tokens were generated, with other tokens being created as the user worked with BinaryX.
The BinaryX team is an international team with members from multiple countries, including blockchain industry veterans who have been involved in the development of top centralized trading platforms and decentralized chain projects, as well as professionals from the traditional financial industry with over $100 million in derivatives assets under management.