Binamon NFT Game, on the Way to be the Next Axie Infinity on Binance Smart Chain

By Stan Peterson
Updated June 30, 2022
Binamon NFT

16th July 2021, Tallinn, Estonia: Contrary to the actual market situation, NFT games have caused all the rage and historical records. Axie Infinity’s success has been overwhelming and its value has increased 20 times during the last months, with a 1 billion dollars cost.This happened because of user’s fever for the ‘Play to Earn‘ mode to get money by playing.

Market was shocked by the arrival of a new player in the NFT market, Binamon’s project. Binamon brought to Blockchain’s world the playing method of Magic and Pokemon. 

Also, the collection of Digital Monsters, these are traded for big amounts of money. The most expensive Binamon in Binance’s marketplace has a value of 7 million dollars.

In just 10 days the value has increased from 2 million marketcap to 20 million marketcap and a fever of new players has flooded Binamon’s metaverse.

The economic model is based on burning BMON (token) each time a Binamon NFT is bought. In this way a deflationary process is produced. On the other hand, in a certain amount of NFT created a halving is created. Users have spent millions of dollars in tokens to produce these NFTs. You can stake this NFT and get passive earnings and, of course, play with them.

We are sure Binamon’s fever has just begun.  

LINKS: 

YOUTUBE: https://www.youtube.com/watch?v=oaX06XYDPss 

WEBSITE: https://binamon.org/

OFFICIAL TELEGRAM: https://t.me/binamon

Advertisement
Stan Peterson
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.