GameFi platform BinaryX launches strategy game CyberChess with $500,000 Prize Pool – CoinCheckup Blog
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Singapore, Singapore, 23 September 2022, Chainwire
BinaryXThe GameFi development platform announced its release today CyberChess, one of the first free-to-play, play-and-earn auto-chess strategy games in the P2E-dominant GameFi space. CyberChess offers Web3.0 users new entry points into the GameFi world.
$500,000 BNX Prize Pool and Heroes Giveaway for CyberChess Launch
To celebrate the release, BinaryX will start the 1st season of Ranked mode battles where players have the chance to win up to $500,000 worth of prizes 8 in the first week of release. During the same period, BNX airports will be announced and shared through Conflict and Twitter.
To get a head start, players can also get 2 additional heroes and 2 skills by entering the code “4 more chess‘ under the settings option in the game menu.
New free game, play and earn model
A free to play, play and earn online 3 game, CyberChess is different from most earning games and is designed to allow players to start playing the game without any initial investment. When new players join the game for the first time, they can summon 5 free heroes and 2 free skills to start participating in matches with other players.
Players can also download or make in-game purchases to summon new heroes and gain new skills. This model lowers GameFi’s barrier to entry for new players and allows players to enjoy the game for its own sake, potentially earning in-game tokens in the process.
Robust and transparent tokenomics
As the third game in the Cyber series, CyberChess adds to the utility of BNX by offering BNX token holders a new way to spend in-game gold.
Gold spent in CyberChess goes back to funding the development of our games and supporting DAO operations in community and resource management across the ecosystem. BinaryX provides a transparent view of how funds are spent on their website.
Explosive battle modes and strategy-based gameplay
As GameFi matures and develops as an industry, BinaryX intends to accelerate the mass adoption of GameFi by making GameFi games more fun and challenging for players. This includes the addition of more complex features and difficulty settings for players who want a solid strategy-based gaming experience as well as GameFi’s revenue potential.
The gameplay of CyberChess respects the popular automatic chess game format of the traditional game and is designed to enhance the gaming experience of GameFi players. Players can participate in two battle modes – Ranked and Arena mode.
Ranked mode pits players against each other in a PvP match to collect in-game gold. On the other hand, players battle with other players to top the leaderboard and claim the attractive $BNX prize pool in the Arena mode.
Read the CyberChess Wiki to learn how to play
The addition of an in-game marketplace
CyberChess has its own in-game marketplace where players can list in-game assets such as heroes and skills for gold. This means players have more opportunities to upgrade or collect more gold.
‘BinaryX created CyberChess to stand out from the crowd of games in the earn-it-play genre. It comes with more complex gameplay, making the game more challenging and fun for players who like traditional strategy games. We are excited for our fans to start playing CyberChess and immerse themselves in the new world I have created,” said Chun S., Director of Business Development at BinaryX.
Launching as an IGO platform
Earlier this year, BinaryX announced its first IGO partnership. With the release of CyberChess, BinaryX is ready to realize its ambitious plans to act as both a GameFi developer and an IGO platform.
“The goal is to be the home ground for gamers, developers and investors to use and interact with GameFi. We strive to be a pioneer in the industry and have many exciting IGO projects coming up. The launch of our IGO platform is the next step,” Chun said.
Watch the trailer
BinaryX is the GameFi platform behind P2E games CyberDragon and CyberArenaboth of which run on the BNB chain.
BinaryX started as a decentralized derivatives trading system. Recognizing GameFi’s growing popularity and interest in metaverse games, the team gradually evolved into developing decentralized video games, and is now transitioning into a GameFi platform that provides IGO services to connect Web2 developers to Web3.
BinaryX is one of the top 10 projects on the BNB chain with over 100,000 coin holders and 15,000 active monthly wallets. It is also one of the largest metaverse projects in terms of trading volume on the BNB chain, with a market capitalization of over 300 million. BinaryX has a token, $BNX, which has consistently shown strong performance despite bear markets.
For more information on BinaryX, visit http://www.binaryx.pro
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